Wells Fargo Offers Small Business Debit Cards With 8% Cash Back

by Andy Hough on October 6, 2011 · 1 comment

The following is a guest post by J.E. Cornett at Master Your Card, an Australian personal finance blog dedicated to ditching credit card debt, educating consumers on smart credit moves, and financial independence.

Earning cash back rewards for your small business doesn’t have to mean relying on credit cards to make regular purchases. Open a checking account for your small business with Wells Fargo, and you’re qualified to enroll in Visa’s Visa® SavingsEdge debit card rewards program. When you make qualified purchases from any participating merchants, your small business can earn up to 8% in cash back rewards.

Wells Fargo’s small business debit program works with merchants offering products or services that small businesses rely on for the technology, information, and travel purchases they need. TigerDirect.com, CompUSA.com, Box.net, Support.com, USA Today and LaQuinta Inns & Suites are just a few of the merchants who offer cash back rewards on purchase made with the Wells Fargo Visa Debit for small businesses.

Unlike some rewards programs that require you to use coupons, codes, or even pesky barcode cards, making eligible purchases with the Wells Fargo Visa Debit is simple and convenient. Rewards can be earned with purchases made online, by phone and at retail locations. The key to racking up your rewards is making purchases that do not require you to use your Personal Identification Number, or PIN. Don’t worry that using the card as a credit rather than debit will be a hassle – it’s how Wells Fargo and Visa instruct you to use the card in order to earn your rewards. When making purchases at retail locations, choose “credit” rather than “debit” when choosing payment type, and sign a receipt. When using your card online or over the phone, ask participating merchants to run the card as a credit in order to get rewards for your purchase.

If your business issues business debit cards to employees, Wells Fargo has you covered. Your small business rewards checking account can be set up so that multiple cards can be issued to your employees, taking the hassle of remembering which card is the rewards debit card out of the equation.

Getting cash back on your qualifying purchases is just as convenient – there’s no keeping track of your purchases in order to ask for reimbursement, and no long waiting periods. Your cash back rewards will post within four business days as a credit to your primary linked business checking account – simple as that.

To open a Wells Fargo Small Business Checking Account and get your Visa Business Debit, visit https://www.wellsfargo.com/biz/products/debit-card/savingsedge.

{ 1 comment }

1 Paid Content October 6, 2011 at 3:17 pm

8% Cash Back would be nice. Truth = “Receive discounts of up to 8% on merchandise you need for your business.”

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