Costs & Pricing

Metric	Wells Fargo Signify Business Cash® Card	Spark 1% Classic
Annual fee	$0	$0 (ongoing; no intro-year structure)
Employee card fee	$0 (no published cap on number)	$0 (free employee cards; no per-card fee published)
Purchase APR	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.	28.99% variable on the product page and pre-approval rates block (Sept. 3, 2026). Not published as a range; no Prime + margin table on the Classic page. Review sites still show 29.49%–30.74% — treat as stale vs issuer page.
Intro APR (purchases)	0% for 12 months from account opening, then standard variable purchase APR	Not offered
Foreign transaction fee	3% of each transaction converted to U.S. dollars	$0
Late payment fee	Up to $40. First event in a rolling six-cycle window: lesser of minimum payment or $29; subsequent: lesser of minimum payment or $40	Not on the official Classic page. Bankrate (Dec 19, 2025): up to $39. Do not apply Cap One charge-card 2.99%-of-unpaid-minimum language to Classic.

Rewards & Value

Metric	Wells Fargo Signify Business Cash® Card	Spark 1% Classic
Base earn rate	$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.	Unlimited 1% cash back on every purchase. Marketing: no limits or category restrictions; no minimums. Rewards will not expire for the life of the account.
Welcome bonus	$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.	None. Live public offer as of September 3, 2026: no cash bonus, no spend threshold. Historical typical offer: also none.
Redemption value	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.	Cash at face value on statement credit or check (1¢ per 1% dollar). Official FAQ: redeem for any amount / no minimums. Gift-card rates may vary. Do not assume portal 5% unless the user actually books hotels/cars in Capital One Business Travel. Do not assume World Elite travel credits or transferable miles.
Transfer partners	Not offered (points transfers are for Essential/Elite, not Cash)	None on this cash-back product. Official FAQ: cash rewards earned through spending on Spark Classic are not taxable (issuer still says consult a tax expert).

Credit & Eligibility

Metric	Wells Fargo Signify Business Cash® Card	Spark 1% Classic
Personal guarantee	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.	Not quoted on the Classic product page. Commonly reported as required; official Classic sentence missing. Secondary sources (NerdWallet, Ramp, WalletHub) treat Cap One small-business cards, including Classic, as PG required.
Credit check	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.	Pre-approval advertised as no impact to personal score. Submitted application treated by reviewers as a hard pull on personal credit (commonly all three bureaus). Official: application may be declined if you have a freeze with credit bureaus.
Employee cards	$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.	Free; add with name, DOB, phone; option to issue plastic or not; custom spend and cash limits, reset mid-cycle. Number allowed not disclosed. Primary account / guarantor remains responsible (Classic page does not spell joint and several).
Product type	Revolving business credit card (not a charge card; not NPSL; not a spend-management platform)	Revolving business credit card (balance may be carried; interest applies). Not a charge card. Contrast siblings: Spark Cash Plus and Venture X Business are pay-in-full / NPSL charge cards.

Pros & Cons

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

Spark 1% Classic

Pros

• $0 annual fee with no year-2 surprise
• Explicitly underwritten for fair personal credit — rare in the Spark/Ink/Amex Business set
• Unlimited 1% + 5% Capital One Business Travel hotels/cars; rewards do not expire while the account is open
• $0 foreign-transaction fee on a fair-credit product
• Free employee cards with spend limits, virtual numbers, QBO/Excel export, year-end summaries, and $0 fraud-liability language covering employee cards

Cons

• 28.99% variable purchase APR and no intro 0% — carrying a balance is expensive
• No welcome bonus
• 1% base lags Spark Cash Select (1.5%) and Spark Cash (2%)
• Balance transfers not available
• Likely reports full activity to personal credit — utilization risk

Verdict

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.

Spark 1% Classic

Spark Classic is a credit-access card, not a rewards engine and not a 0% working-capital tool. Do not confuse it with Spark Cash Select (1.5%, $750 bonus, 9-month 0%) or Spark Cash Plus (2% NPSL charge card). Do not copy Venture X or World Elite Spark insurance onto this SKU until Classic’s own Guide to Benefits is confirmed. If you can qualify for Select or Ink Unlimited, those are better earners. If you cannot, Classic is a reasonable builder — only if you pay in full.