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Moving business credit card

Posted on 2/20/24 at 8:40 am
Posted by CHiPs25
ATL
Member since Apr 2014
2899 posts
Posted on 2/20/24 at 8:40 am
We currently have a few credit cards in our business with Wells Fargo. We used to bank with Wells Fargo but got tired of the impersonal relationship we had with them, so we moved to a local bank where we have one point of contact (big fish in small pond). We have left the credit cards with WF, but are at the point that we'd like to move them somewhere else. We spend about $400k on the WF credit cards so i'm sure other companies would love to have the business. Does anyone know if there are incentives from other credit card companies to move this business to them? We get a ton of points with WF, we also have Cap One credit cards where we get more points as well as cash back.
Posted by Weekend Warrior79
Member since Aug 2014
16379 posts
Posted on 2/20/24 at 9:10 am to
You would probably need to "shop around" and see who will give you more bang for your buck per category. We use Chase primarily for the 3x points on the first $150k in shipping costs, we usually hit that every year between the 8th and 10th month of the year. Plus, I can easily roll them over to my personal Chase account for vacations.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56280 posts
Posted on 2/20/24 at 9:36 am to
We use BOA Business Advantage.

Spend about 30k per month, prob 60% on fuel. Get about 750 cash back each month. They give us - bunch back on fuel
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