Wells Fargo Launches Signify Business Cash Mastercard®

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Verizon, in preparation for Wildfire Awareness Month, emphasizes maintaining safety and connectivity during disasters like wildfires. The company's advanced technology and preparedness strategies ensure year-round resilience and rapid response. Verizon Frontline Crisis Response Team supports public safety agencies with mission-critical communications. The company also provides preparedness tips for consumers and businesses, offering tools and solutions to maintain productivity during wildfires. Through the V toV Employee Relief Fund, Verizon supports employees impacted by natural disasters.

Positive

• Verizon's focus on maintaining safety and connectivity during disasters like wildfires through advanced technology and preparedness strategies.

• Verizon's proactive network resilience with redundancy measures and backup power solutions for seamless service.

• Verizon Frontline Crisis Response Team's support for public safety agencies with mission-critical communications during crises.

• Verizon offers preparedness tips for consumers and businesses, equipping them with tools to maintain productivity during wildfires.

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• No specific negative aspects related to the press release.

New cash rewards business credit card offers business owners increased value and simplicity

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) announced today the launch of Signify Business Cash World Elite Mastercard®, its new business credit card with industry-leading cash rewards.

Wells Fargo Signify Business Cash Mastercard® (Graphic: Wells Fargo)

Signify Business Cash by Wells Fargo is filling a gap that exists in today’s cash rewards business credit card market, putting value and simplicity in the hands of business owners. Offering unlimited 2% cash rewards on business purchases, with no caps or categories to track, and no annual fee, Signify Business Cash provides business owners with easy-to-understand rewards and compelling value.

“At Wells Fargo, we recognize that managing a small business can be complicated and business owners need the best tools to continue to succeed. Business owners told us that cash rewards programs had become too complex and didn’t provide enough value for their business,” said Jeff Hofmann, head of Small Business Card for Wells Fargo. “We designed Signify Business Cash to give business owners the spending capacity they need to better manage their cash flow with the simplicity, value and transparency they want.”

Signify Business Cash provides business owners valuable benefits and straightforward rewards:

• Unlimited 2% cash rewards on business purchases – with no caps or categories to track
• $0 annual fee
• Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first three months
• Employee cards at no additional cost
• Additional benefits include Zero Liability protection, account alerts and digital wallets

Signify Business Cash cardholders will have access to the Wells Fargo Business Rewards Program, which offers flexible redemption options. They can redeem cash rewards as a statement credit to their Signify Business Cash account, as a direct deposit into an eligible Wells Fargo savings or checking account, or for gift cards, travel and more.

Cardholders will also receive World Elite Mastercard benefits, including MasterRental Insurance Coverage, Priority Pass^TM and Mastercard ID Theft Protection^TM. Visit the Signify Business Cash World Elite Mastercard® Credit Card Guide to Benefits for a full list of benefits.

“The new Signify Business Cash World Elite Mastercard prioritizes the rewards and benefits that small business owners value most,” said John Levitsky, president, U.S. Financial Institutions, Mastercard. “We worked closely with Wells Fargo to create a product that makes running a business even more rewarding."

“Signify Business Cash is our first step in the transformation of business credit cards at Wells Fargo,” said Hofmann. “We will continue to identify new and innovative ways to support small business owners and meet their needs.”

For more information, visit wellsfargo.com/signify.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com.

LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-(PS)

View source version on businesswire.com: https://www.businesswire.com/news/home/20240509135108/en/

Media

Nicole Dye-Anderson, 302-596-1763

Nicole.Dye-anderson@wellsfargo.com

Source: Wells Fargo & Company

FAQ

What is Verizon launching in preparation for Wildfire Awareness Month?

Verizon launches Signify Business Cash Mastercard®.

What is the focus of Verizon's preparedness strategies?

Verizon focuses on year-round resilience and rapid response during disasters like wildfires.

How does Verizon support public safety agencies during crises?

Verizon Frontline Crisis Response Team provides mission-critical communications support to public safety agencies.

What kind of tips does Verizon offer for businesses during wildfires?

Verizon offers preparedness tips for businesses, including ensuring continuity of operations and having the right technology.

How does Verizon support employees impacted by natural disasters?

Verizon provides support to employees through the V toV Employee Relief Fund.

Where can further details on Verizon's emergency response capabilities be found?

Visit Verizon's Emergency Resource Center at https://www.verizon.com/about/news/emergency-resource-center for more information.