topic Re: Wells Fargo Signify Business Card - $36K SL in Business Credit

Wells Fargo Signify Business Card - $36K SL

RickNATL — Wed, 18 Sep 2024 22:11:56 GMT

I was noticing threads on this new card. I've been wanting to diversify a bit from Chase and Amex Business cards. I decided to go for it.

I applied on Sept. 12, it went into pending/review. A secure email showed up on Sept. 13 to call in. I called in...they verified the type of business and asked did I also sell products. I advised it's purely professional services, no products. The rep said allow 24-48 hours or two businees days for decision.

It's been quiet since, until today; logged in and received prompts to setup a new card...and there it was.

$36K SL!!!

Re: Wells Fargo Signify Business Card - $36K SL

cashorcharge — Wed, 18 Sep 2024 22:56:11 GMT

Nicely done!

That’s Terrific!! Congratulations on your Approval!!👏🏼🍾🥂

Re: Wells Fargo Signify Business Card - $36K SL

keekers — Thu, 19 Sep 2024 02:10:59 GMT

Congrats.

Re: Wells Fargo Signify Business Card - $36K SL

RealEstateGuy89 — Thu, 19 Sep 2024 06:20:40 GMT

@RickNATL

Wow! Congratulations on that new credit card approval! Very good SL too!

Re: Wells Fargo Signify Business Card - $36K SL

SouthJamaica — Thu, 19 Sep 2024 21:50:04 GMT

Congratulations on a nice approval.

Can you give us some data points on your credit profile prior to application.

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Sat, 21 Sep 2024 19:25:40 GMT

@SouthJamaica

Score: 779 (Ex)

Business Income: $130K/yr

Personal Income: $278K/yr

Established Business: 2006

Highest personal card limit: $70K (BoA)

Highest business card limit: $50K

Re: Wells Fargo Signify Business Card - $36K SL

Winter305 — Sun, 08 Dec 2024 15:46:54 GMT

Congratulations on your approval!

Have you seen this card report to the business credit bureaus?

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Thu, 12 Dec 2024 04:02:47 GMT

@Winter305 I have not checked.

Re: Wells Fargo Signify Business Card - $36K SL

salt_water_swimming — Tue, 17 Dec 2024 04:04:05 GMT

That's a nice all around biz card, congrats!

Sorry for the interrogation but which bureau(s) did they pull? Just Ex?

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Tue, 17 Dec 2024 04:14:52 GMT

I can't recall. But i believe so.

Re: Wells Fargo Signify Business Card - $36K SL

NoMoreE46 — Sat, 28 Dec 2024 15:24:45 GMT

Saw-wheet

Re: Wells Fargo Signify Business Card - $36K SL

Spotsy — Thu, 02 Jan 2025 16:36:56 GMT

Very nice approval! Congrats. I was thinking about going into my local Wells Fargo branch and adding a Checking and Savings account for my business . Hoping they will offer something on-the-spot with a SP on Experian and opening the deposit accounts ? We will see. Can report back if they are generous.

Or should I try online and see what happens? Not sure if in-person will yield better results....

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Thu, 02 Jan 2025 17:06:43 GMT

I don't have a business checking or savings with them. I do have a personal acct, checking. Good luck on your app, curious to hear back.

Re: Wells Fargo Signify Business Card - $36K SL

Spotsy — Fri, 03 Jan 2025 20:47:08 GMT

Update: I decided to apply online....a branch trip was unknown as of right now. The app went pending, unlike BoA. Will wait for the call/email for next steps. Hopefully they will offer something with this account opening (fingers crossed)

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Fri, 03 Jan 2025 20:55:53 GMT

@Spotsy Mine also went to pending, then an email to call. They asked if I sold products...probably would have a much higher limit if I had said yes. LOL

Good luck!! Interested to know how it turned out for you.

Re: Wells Fargo Signify Business Card - $36K SL

Spotsy — Mon, 06 Jan 2025 23:12:39 GMT

Another Update: got a call from Wells Fargo Small Business and went through a series of questions, basically re-did the online form for opening a small business deposit account . Not sure why...but I guess it's their process. Now I wait another day for account info.

Overall...seems a bit archaic on the process when compared to BoA or Truist. We shall see, not feeling too great about giving Wells Fargo some of the business.

Re: Wells Fargo Signify Business Card - $36K SL

Spotsy — Tue, 14 Jan 2025 21:12:11 GMT

Well what a PITA....lol

Applying for a business DDA account online was a royal pain. My hope was to open a business account(s) and see if their automated system would offer any goodies with a new business account ( CC and B-LOC), but I ended up canceling the online application to simply go into the branch and do all of this....which is fine. Not nearly as smooth as BoA was. It almost felt like an interrogation, to the point where I said forget it, will go into a branch when I have time.

so no Signify CC for me yet. Will update the thread once I visit the branch. Ugh....

Re: Wells Fargo Signify Business Card - $36K SL

Spotsy — Fri, 17 Jan 2025 14:32:08 GMT

Last Update: pulled the trigger and applied for their Signify Business CC.....went almost identical to @RickNATL except not as snazzy of an SL....I got 14k. It's a decent start though!

Re: Wells Fargo Signify Business Card - $36K SL

Mojoro24 — Wed, 22 Jan 2025 22:19:23 GMT

So are you required to have a business relationship with them before applying? If so, was there an amount of time that you had to wait?

Re: Wells Fargo Signify Business Card - $36K SL

RickNATL — Wed, 22 Jan 2025 23:05:38 GMT

@Mojoro24 I'm not sure but I'm sure some relationship helps. I have a personal banking relationship. They are not my primary bank but I have a personal savings, and credit card, oh and a personal line of credit.