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If you're looking for a no-annual-fee business card that earns solid cash
Here's what you need to know about the Signify Business Card, including its earning potential and benefits.
- Apply Now to take advantage of this offer and learn more about product features, terms and conditions.
- Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months.
- Earn unlimited 2% cash rewards on purchases for your business – without caps or spending categories.
- 0% intro APR for 12 months from account opening on purchases for your business. After that your variable APR will be 16.99% - 24.99%.
- $0 annual fee.
- Complimentary Priority Pass™ membership access to more than 1,300 participating airport lounges worldwide with “pay as you go” lounge visit fees.
- Easily apply the cash rewards you've earned as a statement credit to an eligible account. Your rewards don't expire as long as your account remains open.
- Add employee cards: Give your employees cards of their own at no additional cost and earn rewards on their business purchases.
- 2% cash rewards on purchases for your business – without caps or spending categories.
Signify Business Card Pros
- $0 annual fee
- Solid earning rate on all purchases
- Priority Pass membership with “pay as you go” visit fees
- No fee for adding employee cards
Signify Business Card Cons
- Limited benefits
- A single company can only have one Signify Business Card account, even if different owners apply separately
- Charges foreign transaction fees of 3% (Rates & Fees)
Signify Business Card Welcome Offer
Even though the Signify Business Card doesn't charge an annual fee, it offers a welcome bonus. Eligible new applicants can take advantage of the following offer: Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months. That's a solid welcome offer for a card with no annual fee.
Plus, you can take advantage of a 0% intro APR on purchases for 12 months from account opening. After that, a Variable APR of 16.99% - 24.99% applies.
Whether your business is just getting started or you have some large purchases coming up, the introductory APR can give you extra time to pay them off without interest.
Related: Getting a Small Business Credit Card Is Easier Than You Think
Signify Business Card Benefits
As a no-annual-fee business card, you shouldn't expect the Signify Business Card to offer the types of benefits you'd see on a premium business card. However, there are still a few notable benefits to take advantage of:
Priority Pass membership
As a Signify Business Cardholder, you can access more than 1,800 Priority Pass lounges with at a pay-per-visit rate. You'll need to register your card before using your Priority Pass membership.
If you don't travel frequently, it doesn't make sense to shell out a hefty annual fee for a card with complimentary lounge access. The Signify Business Card gives you the option to pay for lounge access when you need it.
Travel protections
When you purchase eligible common carrier travel with your Signify Business Card, you receive travel accident insurance protection of up to $250,000. You'll also receive primary MasterRental coverage against eligible damage or theft when you rent a car and pay with your card.
The card also offers baggage delay reimbursement when eligible checked baggage is delayed by more than four hours.
Business benefits
The Signify Business Card includes a variety of business benefits and other protections, including:
Mastercard - Mastercard ID Theft Protection: Once you enroll in the benefit, you can receive identity monitoring, alerts, and resolution assistance.
- Zero Liability Protection: You're never held responsible for unauthorized purchases on your account as long as they are reported promptly.
- Employee cards: Add employee cards at no additional cost to earn rewards on their spending and help track business expenses.
Signify Business Card Earning Rates
If you have a lot of business expenses, your rewards can quickly add up thanks to the Signify Business Card‘s simple, single-category earning structure:
- 2% cash rewards on purchases for your business – without caps or spending categories.
For example, if you spend $5,000 on business expenses each month, you'll earn $1,200 in cash rewards each year.
With no spending caps or bonus categories to track, the card also keeps earning rewards simple.
Redeeming Cash Rewards With the Signify Business Card
The Signify Business Card earns cash rewards rather than transferable points, so you won't have the same opportunities to maximize value through airline and hotel transfer partners.
Interestingly, you can combine your rewards with a points-earning personal card like the Wells Fargo Autograph Journey® Card (Rates & Fees) to unlock access to Wells Fargo's transfer partners. This can be a great way to get outsized value from your rewards, even more than the standard 2% cash back.
Your rewards don't expire as long as your account remains open.
Application Restrictions and Strategy
If you're ready to apply for the Signify Business Card, you'll need to gather a few things:
- Your contact information, Social Security number, or ITIN.
- Your business's legal name, address, contact details, and EIN.
- Name, address, and SSN for anyone who owns 25% or more of the business.
As of now, the Signify Business Card is the only business credit card accepting new applications.
Related: Understanding Rewards Credit Card Applications Rules and Restrictions
Cards That Compete With the Signify Business Card
There are tons of business
- If you want access to more transfer partners, consider the
Capital One - If you want bonus earning categories, the Ink Business Preferred® Credit Card (Rates & Fees) is a great option. You'll earn 3x points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, and advertising purchases made with social media sites and search engines each account anniversary year. However, the annual fee is $95, which you'll have to factor into your potential rewards. Learn more in our full Ink Preferred review.
- If you want more business tools, you might look into applying for The
American Express
$0 intro for first year;
$95 after that
- 2% Cash Back on every purchase
- 5% Cash Back on hotels and rental cars booked through Capital One Business Travel
$95Rates & Fees
- 3X points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year
- 1X point per $1 on all other purchases
No annual feeRates & Fees
(Terms apply)
- Earn 2% cash back on all eligible purchases on the first $50,000 of purchases each calendar year, 1% thereafter. Cash back earned is automatically credited to your statement.
Related: This Month's Best Business Credit Card Offers
Final Thoughts
It's not too often that you come across a business credit card that offers unlimited 2% cash rewards without charging an annual fee. The Signify Business Card does just that, making it a strong contender for anyone who spends heavily on business expenses.
Although it's comparatively light on benefits, its simple earning structure makes it worth considering.
- Apply Now to take advantage of this offer and learn more about product features, terms and conditions.
- Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months.
- Earn unlimited 2% cash rewards on purchases for your business – without caps or spending categories.
- 0% intro APR for 12 months from account opening on purchases for your business. After that your variable APR will be 16.99% - 24.99%.
- $0 annual fee.
- Complimentary Priority Pass™ membership access to more than 1,300 participating airport lounges worldwide with “pay as you go” lounge visit fees.
- Easily apply the cash rewards you've earned as a statement credit to an eligible account. Your rewards don't expire as long as your account remains open.
- Add employee cards: Give your employees cards of their own at no additional cost and earn rewards on their business purchases.
- 2% cash rewards on purchases for your business – without caps or spending categories.
Page Contents
- Signify Business Card Pros
- Signify Business Card Cons
- Signify Business Card Welcome Offer
- Signify Business Card Benefits
- Signify Business Card Earning Rates
- Redeeming Cash Rewards With the Signify Business Card
- Application Restrictions and Strategy
- Cards That Compete With the Signify Business Card
- Final Thoughts
For rates and fees of the cards mentioned in this post, please visit the following links: Ink Business Preferred® Credit Card (Rates & Fees), and The American Express Blue Business Cash® Card (Rates & Fees)
