Who Should Consider the Ramp Card?

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The Ramp Card is particularly well-suited for:

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• Growing Incorporated Businesses – Corporations, LLCs, and limited partnerships with strong cash flow
• Companies Seeking Efficiency – Businesses looking to streamline expense management and close books faster (Ramp users report closing books 86% faster)
• Teams with Multiple Spenders – Organizations with numerous employees making purchases who want better spending visibility and control
• Businesses Prioritizing Financial Health – Companies that want to avoid interest charges and maintain disciplined spending

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Important Eligibility Requirements

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Before you get too excited, note that Ramp has specific eligibility criteria:

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• Business Structure – Only available to corporations, LLCs, and limited partnerships (sole proprietors and unregistered businesses are not eligible)
• Minimum Bank Balance – Requires at least $25,000 in a U.S. business bank account (recently reduced from $75,000)
• U.S. Operations – Most of your operations and corporate spend must be in the United States
• Strong Cash Flow – Your business should demonstrate healthy revenue and cash flow

How Ramp Stacks Up Against Competitors

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Ramp vs. Brex

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When comparing these two leading corporate cards, several key differences emerge. The Ramp Card offers a straightforward 1%-1.5% cash back on all purchases (though rates vary by customer), while the Brex Mastercard features a more complex tiered system with 1x-7x points, with higher multipliers when used exclusively.

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For new cardholders, Ramp provides a modest one-time $250 bonus upon approval with no minimum spend requirement. Brex counters with 10,000 points, but only after spending $3,000 in the first three months.

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The accessibility gap is significant - Ramp requires a minimum bank balance of $25,000, while Brex demands $50,000 for businesses with professional investors or a substantial $1 million for self-funded companies. Both cards skip personal guarantees and credit checks, leveling the playing field in that regard.

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When it comes to redemption, Ramp offers statement credits, airline/hotel points transfers, and gift cards. Brex provides similar options (travel, gift cards, statement credits) but with varying redemption values.

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While Brex offers potentially higher rewards for exclusive users, Ramp's lower eligibility threshold and straightforward cash back program make it more accessible for many businesses.

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Ramp vs. BILL Divvy Corporate Card

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Both Ramp and Divvy focus on expense management, but their approaches differ in important ways. Divvy employs a tiered rewards system that can be more complex to navigate, while Ramp keeps things simple with its cash back structure.

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From an accessibility standpoint, Divvy requires a slightly lower minimum bank balance ($20,000 compared to Ramp's $25,000), potentially opening the door to smaller businesses. However, Ramp's automated expense management tools are generally considered more advanced and intuitive, with users frequently praising its seamless receipt matching and spending analytics.

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Ramp vs. Traditional Business Credit Cards

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The contrast between Ramp and traditional options like American Express or Chase business cards is stark. Traditional cards typically require both personal guarantees and credit checks, placing business owners' personal assets and credit at risk. Ramp eliminates this concern entirely, evaluating businesses based on their own financial merits.

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When comparing specific cards, the differences become even clearer:

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• The Business Platinum Card® from American Express offers premium travel perks like airport lounge access and hotel status, but comes with a hefty $695 annual fee (see rates & fees) and requires excellent personal credit.

_{Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company}

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• Chase Ink Business Preferred® Credit Card provides a substantial welcome bonus (100,000 points after spending $15,000 in the first 3 months) and 3x points on travel, shipping, and select business categories, but requires a personal guarantee.
• Capital One Spark Cash Plus offers unlimited 2% cash back and no preset spending limit, similar to Ramp's structure, but still relies on the business owner's personal creditworthiness.

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The trade-off comes in flexibility and perks. Traditional cards often allow you to carry a balance (with interest, of course) and feature richer travel benefits or substantial welcome bonuses that Ramp lacks. For businesses that occasionally need payment flexibility or whose owners frequently travel, these differences could be decisive factors.

The Pros and Cons: What Real Users Say

What Users Love

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According to Reddit discussions and reviews, businesses that switched to Ramp praise:

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• Automated Expense Management – "We have 0 issues with people completing expense reports, everything is automated" (Reddit user)
• User-Friendly Interface – "The accountability factor is so worth it to switch to Ramp" (Littleduckpie on Reddit)
• Seamless Integrations – Users consistently highlight how well Ramp connects with their existing accounting software
• Card Controls – The ability to create virtual cards with specific spending parameters is frequently mentioned as a game-changer

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Common Criticisms

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Not everyone is entirely satisfied, with some users mentioning:

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• Payment Processing Time – "Payments take 7 days to process even though they are connected directly to your bank" (Southern_Captain_296 on Reddit)
• MFA Issues – "MFA codes expire every two weeks and you have to reauthenticate" (Reddit user)
• Dispute Process – Some users find the dispute process for fraudulent charges unnecessarily complicated
• Low Initial Limits – "Limits start low" according to some users, though they typically increase with usage

The Bottom Line: Is Ramp Right for Your Business?

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The Ramp Card excels for incorporated businesses that want to streamline expense management, eliminate interest charges, and maintain tight spending controls. With its no-fee structure, straightforward rewards, and powerful expense management platform, it offers tremendous value for growing companies. However, if your business needs the flexibility to occasionally carry a balance, or you prioritize premium travel perks over expense management tools, a traditional business credit card might be more appropriate.

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For most medium-sized incorporated businesses looking to optimize their financial operations, Ramp represents one of the most compelling corporate card options available in 2025. Its unique combination of no personal liability, cutting-edge expense management, and cost-saving insights makes it a standout choice for financially savvy business leaders.

Frequently Asked Questions About the Ramp Card

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Does the Ramp Card require a personal guarantee?

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No. Unlike most business credit cards, the Ramp Card does not require a personal guarantee from business owners. This means your personal assets are protected if your business cannot pay its balance, as Ramp evaluates eligibility based on your company's financial health rather than personal credit.

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What are the minimum requirements to qualify for a Ramp Card?

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To qualify for a Ramp Card, your business must:

• Be a corporation, LLC, or limited partnership (sole proprietorships are not eligible)
• Have at least $25,000 in a U.S. business bank account
• Conduct most operations and spending in the United States
• Demonstrate strong revenue and cash flow

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How does Ramp make money if they don't charge fees?

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Ramp primarily makes money through interchange fees (the small percentage merchants pay when you use their card). They also generate revenue through their partnerships with various vendors and service providers.

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Can I carry a balance on my Ramp Card?

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No. The Ramp Card is a charge card, not a credit card. This means you must pay your balance in full each month. Your payment is automatically debited from your connected business bank account on the same day each month.

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What kind of rewards does the Ramp Card offer?

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Ramp offers 1%-1.5% cash back on all purchases (the exact rate varies by customer and is determined by Ramp). These rewards can be redeemed as statement credits, airline or hotel loyalty points, or gift cards. Rewards do not expire.

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Can I get employee cards with my Ramp account?

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Yes. Ramp allows you to create unlimited physical and virtual cards for employees. You can set specific spending controls for each card, including dollar limits, merchant categories, and time restrictions.

How does Ramp's receipt matching work?

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When a purchase is made, Ramp automatically sends a request for the receipt via text or email. The user can simply reply with a photo of the receipt, and Ramp's AI automatically matches it to the correct transaction and extracts relevant information for expense categorization.

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Can I integrate Ramp with my accounting software?

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Yes. Ramp offers direct integrations with popular accounting platforms including QuickBooks, NetSuite, Xero, and Sage Intacct. These integrations allow for automated expense categorization and account reconciliation.

Is there a mobile app for Ramp?

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Yes. Ramp offers a mobile app for iOS devices. There isn't an Android app available, though users can access the Ramp dashboard via a web browser on any device.

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How does Ramp compare to business credit cards that earn travel rewards?

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While Ramp offers airline and hotel loyalty point redemptions, traditional travel rewards business cards like the American Express Business Platinum or Chase Ink Business Preferred typically offer more valuable travel perks (lounge access, travel insurance, etc.) and potentially higher rewards for travel spending. However, these cards require personal guarantees and may charge annual fees.