Wells Fargo Business Platinum Credit Card Review

Wells Fargo Business Platinum Credit Card gives you several other useful benefits, including:

Maximizing your benefits with the Wells Fargo Business Platinum Credit Card means choosing the rewards option that will be the most beneficial for you. Consider your business spending habits to determine whether you’d benefit more from 1.5% cash back on all purchases, or one point per dollar with 1,000 monthly bonus points for spending $1,000. Depending on which rewards option you choose, you can earn either a $300 cash back bonus or 30,000 bonus points after you enroll in the rewards program and spend $5,000 within three months of opening an account.

Annual fee: The Wells Fargo Business Platinum Credit Card has a $0 annual fee. The PNC BusinessOptions Visa Signature Credit Card has an annual fee based on a sliding scale (no fee for first 12 months): the annual fee is $500 if you charge less than $50,000 a year on the card, $250 if you charge $50,000 to $74,999.99 a year, $125 if you charge $75,000 to 99,999.99 a year and zero dollars if you charge $100,000 or more a year.

Rewards: The Wells Fargo Business Platinum Credit Card lets you choose between a flat 1.5% cash back on all purchases or one point per dollar on all purchases plus 1,000 bonus points every month that you make at least $1,000 in purchases on the card. You also receive an additional 10% bonus when you redeem your points online. The PNC BusinessOptions Visa Signature Credit Card allows you to choose from three rewards programs: up to 1.5% cash back rewards, five PNC points per dollar in purchases or 1 mile per dollar in purchases.

Sign-up bonus: Depending on which rewards option you choose, the Wells Fargo Business Platinum Credit Card offers either a $300 cash back bonus or 30,000 bonus points if you enroll in the rewards program and spend $5,000 within three months of opening an account. New PNC BusinessOptions Visa Signature Credit Card holders receive a statement credit sign-up bonus by making at least If you apply for the PNC BusinessOptions Visa Signature Credit Card by Dec. 31, 2020, and spend $25,000 in qualifying purchases during the first three billing cycles following account opening, you will earn a $750 statement credit.

Benefits: The Wells Fargo Business Platinum Credit Card gives you several other useful benefits, including access to Wells Fargo Business Online, the Business Spending Report and the Card Design Studio service. You also receive fraud alerts, purchase assurance and overdraft protection if you link your card to a Wells Fargo business checking account. With the PNC BusinessOptions Visa Signature Credit Card, you receive useful benefits including the Cash Flow Insight app and advanced reporting tools to manage business credit card transactions, travel and emergency assistance services, purchase security, extended warranty coverage, auto rental collision damage waiver and 24/7 access to the Visa Signature Concierge service.

Annual fee: Neither card charges an annual fee.

Rewards: With the Wells Fargo Business Platinum Credit Card, you may select either a flat 1.5% cash back on all purchases or one point per dollar on all purchases plus 1,000 bonus points every month that you make at least $1,000 in purchases on the card. You also receive an extra 10% bonus when you redeem your points online. With the Ink Business Cash Credit Card, you earn 5% cash back on the first $25,000 spent on office supplies and internet, cable and phone purchases each year, 2% cash back on the first $25,000 of total annual purchases of gas and at restaurants, and 1% cash back for all other purchases.

Sign-up bonus: Depending on which rewards option you choose, the Wells Fargo Business Platinum Credit Card offers either a $300 cash back bonus or 30,000 bonus points after you enroll in the rewards program and spend $5,000 within three months of opening an account. You can earn a $750 cash back sign-up bonus with the Ink Business Cash Credit Card if you make $7,500 on purchases in the first 3 months from account opening.

Benefits: The Wells Fargo Business Platinum Credit Card gives you several other useful benefits, including access to Wells Fargo Business Online, the Business Spending Report and the Card Design Studio service. You also receive fraud alerts, purchase assurance and overdraft protection if you link your card to a Wells Fargo business checking account. The Ink Business Cash Credit Card offers other valuable benefits including purchase protection, extended warranty coverage, an auto rental collision damage waiver, and travel and emergency assistance services.