Wells Fargo small business credit cards offer small business owners a supplementary vehicle with which to fund their purchases, grow their businesses or even repair their credit. Created for companies with annual sales of up to $2 million, the Wells Fargo business credit card has extended a $50,000 line of credit with no annual fee and an interest rate of prime + 4% (based upon evaluation), giving owners a viable credit product with little to no risks. In addition to its many advantages, the Wells Fargo business card program offers an online business spending report that automatically categorizes and summarizes transactions for easier tracking and cost management. Payment options include check, phone or online payments; automatic payment is offered as well.

An additional perk is the Wells Fargo Visa Rewards system that lets business owners earn reward points with everyday purchases like office supplies, phone bills and travel. Rewards range from roundtrip travel to merchandise to cash rebates. If you are considering a Wells Fargo business credit card, you should do the following:

1. Compare Wells Fargo small business credit cards with other credit cards.

2. Check online credit calculators.

3. Apply for a Wells Fargo small business card.

Action Steps
The best contacts and resources to help you get it done

Compare Wells Fargo small business credit cards with those from other banks to get the best deal

Before choosing a Wells Fargo Business Visa, look at other cards offered for small businesses. Compare introductory and regular APRs, fees, balance transfers and protections.

I recommend: Both CreditCards.com and CreditorWeb let you compare other business credit cards, including Advanta, Chase, Capital One and Discover, and then apply online.

Calculate credit debt with online calculators before opting for a Wells Fargo Business Visa

Before choosing any credit card or line of credit, take advantage of online credit calculators that estimate what it will take to pay off your credit debt so that you can make an informed choice.

I recommend: CardRatings.com provides several online credit card calculators to determine the size and impact of your debt as well as calculator tips to help you along. Bankrate.com also offers credit card calculators and lets you see your FICO score range.

Apply for a Wells Fargo business credit card

Once you have decided to go with a Wells Fargo Small Business Visa card, you can apply online or via phone.

I recommend: Apply for Wells Fargo Small Business credit cards online at their main site, or call in your application. If you are pre-qualified, you can accept the offer by entering your 16-digit reservation number and following the application steps.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Also consider Wells Fargo BusinessLine, which offers a revolving line of credit up to $100,000 at prime + 1.75% (depending on credit evaluation) along with credit and overdraft protection.