Costs & Pricing

Metric	American Express® Business Gold Card	Wells Fargo Signify Business Cash® Card
Annual fee	$375	$0
Employee card fee	Employee Business Gold $95 (first 5 then $95 each); Employee Business Expense Cards $0; max 99 additional cards	$0 (no published cap on number)
Purchase APR	17.74%–28.49% variable on Pay Over Time only (Prime + 10.99% to +21.74%)	16.74%–24.74% variable after intro (Prime + 9.99% to +17.99%; Prime 6.75% as of 09/02/2026; max APR 29.99%). Disclosures accurate as of Dec 2025.
Intro APR (purchases)	Not a standard public offer (some targeted pages have shown 0% for 6 months on POT-eligible purchases)	0% for 12 months from account opening, then standard variable purchase APR
Foreign transaction fee	$0	3% of each transaction converted to U.S. dollars
Late payment fee	$39 or 2.99% of any past-due Pay In Full amount, whichever is greater	Up to $40. First event in a rolling six-cycle window: lesser of minimum payment or $29; subsequent: lesser of minimum payment or $40

Rewards & Value

Metric	American Express® Business Gold Card	Wells Fargo Signify Business Cash® Card
Base earn rate	1X Membership Rewards point per $1 on other eligible purchases	$0.02 cash rewards per $1 qualifying net purchase (uncapped 2%). Posts when the purchase appears on a monthly statement. Program terms effective June 26, 2026.
Welcome bonus	Personalized — marketed as high as 200,000 Membership Rewards points after $15,000 eligible purchases in first 3 months (offer varies; you may not be eligible)	$500 cash rewards after $5,000 qualifying net purchases post within 3 months of account opening. Redeemable within 60 days after earned. Standing public offer since the May 2024 launch — no published offer-expiration date.
Redemption value	Varies by redemption; Amex does not publish a single cpp. Treat Pay With Points / statement credit at ~1¢; transfers can be higher or lower — do not assume 2¢.	Statement credit / credit to an eligible Wells Fargo business credit or checking account at 1:1 cash. Gift cards and Business Rewards portal travel are options — portal/gift-card cents-per-dollar not published; do not assume portal equals cash. Minimum redemption $1 for statement-credit path.
Transfer partners	Membership Rewards partners (most airlines 1:1; hotel ratios vary). U.S. airline transfers: excise tax offset $0.0006/point, max $99. Confirm live at membershiprewards.com/pointsinfo.	Not offered (points transfers are for Essential/Elite, not Cash)

Credit & Eligibility

Metric	American Express® Business Gold Card	Wells Fargo Signify Business Cash® Card
Personal guarantee	Required (standard small-business Amex model; no published no-PG path)	Required. Account Guarantor unconditionally agrees to be personally liable, jointly and severally with the business. Wells Fargo may seek to collect from the guarantor before the business. Covers future line increases and enforcement costs.
Credit check	Apply with Confidence — no personal-score impact to learn approval; accepting the card may impact personal credit. Submitting may affect business credit.	Consumer report on the Account Guarantor. Treat full apply as a hard pull unless using only the no-impact prequal tool. Application also collects ownership details for 25%+ owners.
Employee cards	Up to 99 total; Gold employee cards $95 structure; Expense Cards $0; spend limits and alerts	$0. Add via Business Online; optional monthly cycle spend cap (default = full account line). Up to three Administrators besides the guarantor. Employee cardholders are not personally liable; guarantor is. Cards mail in 5–10 business days. No published maximum number.
Product type	Hybrid small-business charge card with revolving Pay Over Time (NPSL on purchases)	Revolving business credit card (not a charge card; not NPSL; not a spend-management platform)

Pros & Cons

American Express® Business Gold Card

Pros

• Auto-4X on whichever two of six categories lead each month, up to $150k combined — no annual category lock-in
• Transferable Membership Rewards (same partner list as other MR cards)
• Statement-credit stack can exceed the $375 fee if credits are enrolled and used
• $0 foreign transaction fee; NPSL plus optional Pay Over Time
• Personalized welcome marketed as high as 200k / $15k / 3 months

Cons

• $375 annual fee plus $95 Employee Business Gold cards
• 4X dies after $150k combined and is only two categories per cycle; 1X residual is weak
• Shipping dropped from 4X (2026 refresh); credits need enrollment and specific vendors
• No lounge, Global Entry/TSA, or airline incidental credit
• Hybrid pay-in-full + high POT APR; late fee can be 2.99% of past-due Pay In Full

Wells Fargo Signify Business Cash® Card

Pros

• Uncapped 2% cash on qualifying spend with $0 annual fee
• 0% intro APR on purchases for 12 months from open
• $500 cash bonus at $5,000 / 3 months — low hurdle versus many business SUBs
• Employee cards at $0 with per-card cycle caps
• Primary MasterRental CDW and $250k common-carrier accident insurance on a no-fee card; rewards do not expire while open

Cons

• 3% foreign-transaction fee
• No category bonuses; 2% loses to 3–5% advertising/shipping cards on those MCCs
• Personal guarantee is unconditional and first-recourse
• No purchase protection, extended warranty, or cell-phone insurance in the public benefits guide; Priority Pass visits are paid
• After the intro window, 16.74%–24.74% variable APR makes revolving expensive relative to 2% earn; no public BT product

Verdict

American Express® Business Gold Card

Business Gold is a specialist, not a simple daily driver. Auto-4X that follows whichever two categories win each month is powerful for ads, software, restaurants, gas, transit, or wireless — and the credit stack can more than offset $375 if you already buy those products. After the $150k cap, or if you will not enroll in credits, a no-fee 2% card or Ink Preferred is usually cleaner. Poor substitute for 0% capital, no-PG fintech cards, or Business Platinum travel perks.

Wells Fargo Signify Business Cash® Card

Signify Business Cash is the flat 2% SKU — not Essential/Elite (points) and not consumer Active Cash. It beats Blue Business Cash after the $50k 2% cap and beats Ink Unlimited on ongoing earn, while trailing Spark Cash Plus on FTF and NPSL. Skip it for foreign spend, transferable points, no-PG underwriting, or anyone who will revolve after month 12.