| Introductory APR | No  |
| Introductory Bonus | No |
| Cash Back Rewards | Yes  |
| Annual Member Fee | Yes |
| Credit Required | Bad  |
Wells Fargo Business Secured is a credit card that allows small business owners to build or rebuild their credit score. It has a rewards program that gives users a cash back option. We compiled Wells Fargo Business Secured Card user reviews from around the web and determined that they generally have positive ratings. We also discussed the rates and fees it offers.
Card Details | Rewards Details | Offer Details
Summary of User Reviews
Wells Fargo Business Secured Credit Card Pros
People who left a positive review of Wells Fargo Secured Business Card said that it was great for jumpstarting their business’ ability to build or rebuild credit. They also found the rewards points program to be flexible since there is an option to collect points either through cash back or rewards.
Wells Fargo Business Secured Credit Card Cons
People who left a negative review of Wells Fargo Secured Business Card were not happy with its interest rates on purchases and cash advances. They were also not happy with the annual fee of $25 per card.
Most Helpful Positive User Review:
A positive review on Fundera said that Wells Fargo Business Secured Card is helpful in building a business’ credit score.
Most Helpful Negative User Review:
Negative reviews for Wells Fargo Business Secured Card are rare and most users are generally happy with the product, but some of them wished that there was no annual fee associated with the card.
Card Details: Wells Fargo Business Secured Credit Card
| Credit Required | Bad |
| Introductory APR on Purchases | N/A |
| APR on Purchases After Introductory Period | Prime + 11.90% |
| Introductory Balance Transfer APR | Info available upon sign up |
| Introductory Balance Transfer APR Period | Info available upon sign up |
| Introductory Balance Transfer Fee | May apply |
| Balance Transfer APR | Info not available |
| Balance Transfer Fee | May apply |
| Cash Advance APR | Prime + 20.74% |
| Cash Advance Fee | May apply |
| Late Payment Fee | Available after at least 21 days |
| Return Payment Fee | Info not available |
| Foreign Transaction Fee | None |
| Annual Member Fee | $25 per card issued |
Apply Now
on Wells Fargo’s secure website.
Rewards Details: Wells Fargo Business Secured Credit Card
| Earn 1.5% cash back | For every $1 spent on net purchases |
| Receive 1,000 bonus points | When your company spend reaches $1,000 in any monthly billing period |
| Get 10% bonus | When you redeem points online |
Offer Details: Wells Fargo Business Secured Credit Card
One dollar in net purchases earns 1.5% cash back. Cash back is credited quarterly (March, June, September, and December) to your Wells Fargo Business Credit Card account or to an eligible designated business checking or savings account. There is no limit to the cash back earned.
Receive 1,000 bonus points when your company spend reaches $1,000 in any monthly billing period. Get 10% bonus when you redeem points online. Rewards points expire at the end of three years.
Apply Now
on Wells Fargo’s secure website.
