The card comes with no annual fee and the ability to earn rewards on business spending. Our Business Platinum card review weighs the card’s main features to help you determine whether it’s worth a spot in your wallet. 

No annual, employee card or foreign transaction feesYour choice of cashback or pointsGet 10% more points during online redemptionA lucrative bonus of $300 or 30,000 pointsAutomatic cashback redemptions transferred to your bank account or applied as statement credits


Reports late payments or high spending to your personal credit fileIt does not help build your business creditOnly no fee for the first 99 employee cardsOnly available to Wells Fargo business banking customers

Once your company has a banking relationship with Wells Fargo, you’ll need to show you have a legally established business. Some examples of allowable businesses can be one in the early stages of a sole-proprietorship, a gig worker doing deliveries part-time, or an incorporated company. Regardless of the company’s structure, you’ll need to provide a tax identification number and personal information on all the business partners involved. 

The legal business name, phone, and addressDate the business was establishedBusiness tax identification numberYour Social Security numberYour date of birthWells Fargo business bank account informationBusiness ownership typeNumber of business owners with 25% ownership or greaterHousehold income amount for all business owners listedYour company’s gross annual revenue

Wells Fargo will pull your personal credit report to make a decision and report your payment and usage history to the consumer credit bureaus. Any card-related activity could affect your personal credit score, even if it’s business-related. For example, maxing out the card’s limit or making late payments could negatively impact your personal credit score. If you didn’t request employee cards during the application process, you can order them at any time by contacting Wells Fargo at 1-800-225-5935. You can provide employees with card account access in four ways:

Assign view-only access to your online account for up to 25 usersIf they already have online access, they can request access through the Wells Fargo portal in “Account Settings” by adding an accountCall 1-800-956-4442 to request access to their card accountEmployees without a Wells Fargo account can visit a branch location to request online access

For employees who will be traveling internationally, Wells Fargo suggests they call 1-800-642-4720 in advance to set a travel alert to prevent Wells Fargo from freezing purchases made overseas.