2024 wells fargo business rewards * Gold level: Businesses earn 1.5 points for every $1 in eligible net purchases. * Platinum level: Businesses earn 2 points for every $1 in eligible net purchases. Eligible net purchases include all purchases made on the business's Wells Fargo Business Credit Card, minus any credits, returns, or adjustments. Some purchases, such as cash advances, balance transfers, and fees, do not qualify as eligible net purchases. Once a business has earned rewards points, they can be redeemed in a variety of ways. Some of the most popular redemption options include: * Cash back: Rewards points can be redeemed for a statement credit or a deposit into a Wells Fargo business checking or savings account.
* Gift cards: Rewards points can be redeemed for gift cards to a variety of popular retailers, restaurants, and online merchants. * Merchandise: Rewards points can be redeemed for a wide selection of merchandise, including electronics, home goods, and more. Businesses can also use their rewards points to make charitable donations to eligible 501(c)(3) organizations. It's important to note that rewards points expire after 60 months (5 years) of inactivity. To keep rewards points from expiring, businesses should make eligible net purchases on their Wells Fargo Business Credit Card at least once every 60 months. Wells Fargo Business Rewards is a rewards program designed for businesses that have a Wells Fargo Business Platinum Credit Card or a Wells Fargo Business Elite Credit Card. The program allows businesses to earn rewards on their eligible purchases, which can then be redeemed for a variety of rewards, including cash back, travel, gift cards, and merchandise. There are three levels of rewards earning in the Wells Fargo Business Rewards program: Silver, Gold, and Platinum. The level of rewards earning is determined by the amount of eligible net purchases made on the business's Wells Fargo Business Credit Card during a calendar quarter.
Eligible net purchases include all purchases made on the business's Wells Fargo Business Credit Card, minus any credits, returns, or adjustments. Some purchases, such as cash advances, balance transfers, and fees, do not qualify as eligible net purchases. Once a business has earned rewards points, they can be redeemed in a variety of ways. Some of the most popular redemption options include: * Cash back: Rewards points can be redeemed for a statement credit or a deposit into a Wells Fargo business checking or savings account. It's important to note that rewards points expire after 60 months (5 years) of inactivity. To keep rewards points from expiring, businesses should make eligible net purchases on their Wells Fargo Business Credit Card at least once every 60 months. Additionally, there are some limitations and restrictions on the Wells Fargo Business Rewards program. For example, rewards points can only be redeemed in increments of 25 points, and there is a maximum of 100,000 rewards points that can be earned per calendar quarter. In conclusion, the Wells Fargo Business Rewards program is a valuable way for businesses to earn rewards on their eligible purchases and redeem them for a variety of rewards. By understanding the program's rules and restrictions, businesses can maximize their rewards earning potential and make the most of their rewards points.
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