SuperMoney 
  Wells Fargo Business Secured Credit Card

Wells Fargo Business Secured Credit Card

in Business Credit Cards from Wells Fargo Bank

Unaffiliated

Wells Fargo Business Secured Credit Card

Unaffiliated

in Business Credit Cards from Wells Fargo Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Wells Fargo Business Secured Credit Card to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Annual Fee $25
Purchase APR  (Variable APR) 17.15%
Balance Transfer APR  (Variable APR) N/A
Credit Score Range 700 - 850

Wells Fargo Business Secured Credit Card Review

Who is Wells Fargo Business Secured Credit Card designed for?

Wells Fargo Business Secured Credit Card is a secured credit card credit card issued by Wells Fargo Bank. 

Secured cards are credit cards that require a refundable deposit before you qualify for a line of credit. These cards are often used to build the credit of consumers with with poor credit or little credit history.

This card is designed for businesses with good credit. The minimum credit score to apply is 700.

This card has a credit limit of up to $500 to $25,000 based on the amount of deposit.

What are the relevant APRs for Wells Fargo Business Secured Credit Card?

Wells Fargo Business Secured Credit Card has a variable purchase APR of 17.15%.

It also has a variable cash advance APR of 25.99% .

Does Wells Fargo Business Secured Credit Card have an introductory APR offer?

Wells Fargo Business Secured Credit Card does not offer an introductory rate on new purchases.

Wells Fargo Business Secured Credit Card Rates & Terms
Purchase APR 17.15%
Cash Advance APR 25.99%

What are the Wells Fargo Business Secured Credit Card fees?

The following fees apply to Wells Fargo Business Secured Credit Card:

  • An annual fee of $25.
  • A late payment penalty of up to $50.
  • A returned payment fee of up to $29.

Does Wells Fargo Business Secured Credit Card have a foreign transaction fee?

Wells Fargo Business Secured Credit Card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Wells Fargo Business Secured Credit Card Fees
Fees Amount
Annual Fee $25
Foreign Transaction Fee 0%
Returned Payment Fee $29
Late Payment Fee $25 to $50

Is there a Wells Fargo Business Secured Credit Card cash back or rewards program?

Wells Fargo Business Secured Credit Card offers a rewards program to its customers. The rewards program allows you to earn cash with every purchase you make.

Does Wells Fargo Business Secured Credit Card have a signup bonus?

Wells Fargo Business Secured Credit Card doesn't offer a cash signup bonus.

Does Wells Fargo Business Secured Credit Card offer an annual loyalty bonus?

Wells Fargo Business Secured Credit Card doesn't offer a cash loyalty bonus.

What are the Wells Fargo Business Secured Credit Card benefits?

Wells Fargo Business Secured Credit Card provides the following benefits:

  • Fraud Liability
  • Reports to major credit bureaus

Does Wells Fargo Business Secured Credit Card report your account activity to credit bureaus?

Wells Fargo Business Secured Credit Card reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Wells Fargo Business Secured Credit Card

  • Visit the Wells Fargo Bank .
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee  
No Interest Grace Period for Late Payment 25 days
Annual Fee $25
Cash Advance Fee (%) 4%
Cash Advance Fee Minimum $10
Late Fee Amount $25 - $50
Minimum Interest Charge $1
Returned Payment Fee $29
Customer Type Business
Minimum Age 18
Credit Score Range 700 - 850
Card Network Mastercard
Card Type
  • Cashback
  • Rewards
  • Secured
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Credit Card Benefits Fraud Liability
Fraud Liability  
Balance Computation Average Daily Balance
Cash Advance APR (Variable APR) 25.99%
Credit Limit $0
Purchase APR (Variable APR) 17.15%

Be the first to rate

 

Would you recommend Wells Fargo Business Secured Credit Card to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Business Credit Cards

Capital One® Spark® Miles Select for Business
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

2 Reviews

Capital One® Spark® Miles for Business
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

3 Reviews

Spark Classic for Business From Capital One
Mostly recommended

10 Reviews

Wells Fargo Bank Business Credit Cards

Product

Reviews

Annual Fee

Purchase APR

Balance Transfer APR

Credit Score Range

Wells Fargo Business Platinum Credit Card

Wells Fargo Business Platinum Credit Card

Rating not yet determined

1 total votes
In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Annual Fee $0 Annual Fee
Starting Purchase APR 17.99% Starting Variable APR
Balance Transfer APR N/A Balance Transfer APR
Credit Score Range 700 - 850     500 850
Wells Fargo Business Elite Signature Card
Annual Fee $125 Annual Fee
Purchase APR 19.24% Variable APR
Balance Transfer APR N/A Balance Transfer APR
Credit Score Range 700 - 850     500 850