How To Apply For a Wells Fargo Business Credit Card – Business credit cards are an excellent way to spend your business’s hard-earned money on supplies, company retreats, and more, while getting the most out of your spending power. Before applying for a business credit card, it’s important to be aware of some of its benefits and drawbacks. This guide will walk you through the best steps for applying for a Wells Fargo business credit card, as well as tips for increasing the likelihood of being accepted by your lender.
How To Apply For a Wells Fargo Business Credit Card
What’s Wells Fargo Business Credit Card
A Wells Fargo business credit card is an excellent way to manage cash flow and track expenses. It can also provide valuable benefits such as rewards, free employee cards, and competitive interest rates. Find out how to apply for a Wells Fargo Business Credit Card today!
Features of Wells Fargo Business Credit Card
Wells Fargo business credit card has the security and convenience of chip card technology and zeroes fraud liability
*. There are no annual, foreign transactions or low balance fees. Plus, for every dollar spent on qualified purchases made with your account, you’ll earn points with NO limit on the number of points you can earn. You can use your points for travel as well as tickets to live events including NFL games and concerts. Earn 2x points for every dollar spent at restaurants and office supply stores worldwide.
* Terms and Conditions apply to these offers. Click here to learn more about this offer.
*Foreign transactions are transactions where the merchant country is not in the US.
Benefits Of Wells Fargo Business Credit Cards
When it comes to Wells Fargo business credit cards, you want to make sure that you’re getting the best deal possible.
The benefits of having a Wells Fargo business credit card are plentiful and can help your business in more ways than one.
They offer rewards and cashback offers on purchases, as well as rewards for business travel and employee spending.
They also offer access to Visa Concierge services which can help with anything from airport transfers to event planning.
Make Sure You Are Eligible For Wells Fargo Business Credit Card
To apply for a Wells Fargo business credit card, you must be 18 years of age and have had an individual personal or small business credit card with the bank for at least 12 months.
Eligible businesses include corporations, partnerships, limited liability companies, sole proprietorships, associations, and nonprofit organizations.
You also need to be in good standing with Wells Fargo bank and not have any outstanding obligations on your existing accounts. In addition to meeting these requirements, you’ll need to provide current tax information as well as organizational documents such as articles of incorporation or company bylaws.
How To Apply For a Wells Fargo Business Credit Card
Get Your Documents Ready
Before you can apply for a Wells Fargo business credit card, you’ll need to gather the documents that will be needed to complete your application. You’ll need:
• Your personal and business Social Security numbers
• Your driver’s license and/or passport
• A copy of your business license or articles of incorporation
• A copy of your latest tax return or financial statement from the past year
If you’re not currently eligible to sign on behalf of your business, we may also ask for one of these types of documents:
– Power of attorney document – Joint ownership agreement document
How Long Does it Take to Get Approved?
The application process for a business credit card from Wells Fargo is fairly straightforward and most people should be able to complete the process in about 15 minutes.
The first step of the application process is to create an online account with Wells Fargo. You can use this account to apply for business credit cards, manage your existing accounts, and more. Once you have created your account, you will need to provide some personal information such as your name, address, date of birth, and social security number. This information is verified through the Social Security Administration and other third-party sources before you are approved or denied for any credit cards with Wells Fargo.
Next, you will need to provide income verification so that they can determine how much available credit they should offer you on a new line of credit.
Complete the Application For Wells Fargo Business Credit Card Online
*Step 1: Go to the Wells Fargo website, select Business Services, and then Small business credit cards.
*Step 2: Select the type of card you would like to apply for.
*Step 3: Complete the application. You will need your company’s EIN, as well as your personal Social Security Number, date of birth, and address.
You will also be required to provide details about your employees or partners that are involved with the business. You should have your last three months’ worth of bank statements available when filling out this form. After applying, it may take up to 24 hours before you receive an approval message from Wells Fargo. If approved, you can use your card immediately after receiving it in the mail. If denied, Wells Fargo will send a notification by mail within two weeks.
*Step 4: Sign up for eAlerts to stay updated on account activity.*
*We hope this blog post helped!*
FAQs (Frequently Asked Questions)
We’re here to make your life easier, so check out these frequently asked questions about how to apply for a Wells Fargo Business Credit Card:
-What are the qualifications for getting approved?
Qualifications for approval include having an annual gross income of at least $30,000, being 18 years or older, and not being in bankruptcy.
-How do I get an application? Applications can be printed from our website or picked up from any one of our branches.
-What is the process for applying?
You’ll need to fill out an application form and then provide copies of your most recent bank statements. You’ll also need to submit a personal credit report, which we’ll order on your behalf if you don’t have it handy. Once we review everything, there will be a decision made within 3-5 business days. If you are accepted, you’ll receive a letter telling you that your card has been activated with information about your account. If denied, we’ll contact you with additional information and explain why this might have happened. Either way, once you know how to apply for a Wells Fargo Business Credit Card, there’s no time like the present! Just follow the steps above, and before you know it, you’ll be signing deals left and right.