Ramp Credit Card Review
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Ten years in business banking before co-founding Lending Gurus. · Updated Nov 12, 2026
Our Ramp credit card review in one line: a $0 annual fee corporate charge card with no personal guarantee and no personal credit check, for registered U.S. businesses with $25,000 or more in the bank.
Verdict
Ramp is a strong corporate card and spend platform for registered businesses with cash in the bank. No personal guarantee, no personal credit check, no annual fee, and a free software plan that handles receipts, bill pay and accounting sync. It is a charge card, not a loan, so you pay the balance in full each month.
- Best for: corporations and LLCs with $25,000 or more in the bank that want cards, bill pay and expense tools in one place.
- Not for: sole proprietors, businesses under $25,000 in cash, or anyone who needs to carry a balance or borrow.
See if your business qualifies
Quick facts
| Product type | Corporate charge card and spend platform (not a loan) |
| Annual fee | $0 |
| Interest | None. Charges are due in full each month |
| Personal guarantee | Not required |
| Personal credit check | None |
| Credit limit | Set by Ramp from your business’s cash balance, cash flow and revenue |
| Cash minimum | $25,000 in a linked U.S. business bank account |
| Eligible businesses | U.S. registered corporations, LLCs and LPs (nonprofits welcome) |
| Cashback | Yes, at a rate Ramp sets |
| Software | Free plan; Ramp Plus is $15 per user per month plus a platform fee |
| Speed | Ramp says applications are approved in under 48 hours |
| Sign-up bonus | $500 from Ramp through our link, plus $350K in vendor credits. Terms below |
Pros and cons
Pros
- No personal guarantee, so your personal assets aren’t on the line for card spend.
- No personal credit check, and Ramp says there is no impact to your personal credit score.
- No annual fee and no interest charges.
- Unlimited physical and virtual cards, with controls by vendor and category.
- The free plan includes bill pay, receipt matching and QuickBooks Online and Xero sync.
Cons
- Needs $25,000 in cash in a U.S. business bank account.
- Not open to sole proprietors or unregistered businesses.
- Full balance due each month, so it won’t stretch cash like a loan or line of credit.
- The cashback rate isn’t published; Ramp sets it.
How it works
- Apply on Ramp with a business email. Share your EIN, formation details and one officer’s information.
- Link your business bank account. Ramp uses it to see your cash balance and set your limit.
- Get your limit and issue cards. Set controls for each card, team or vendor.
- Pay in full each month. Ramp collects statement payments from your linked bank account.
Costs and fees
- Card: no annual fee and no interest.
- Software: Ramp Free is $0 per user. Ramp Plus is $15 per user per month plus a platform fee based on team size, with 20% off annual billing.
- Bill Pay from an outside bank: standard ACH $0.59, standard check $1.99, same day ACH $10, domestic wire $15, international wire $20. Ramp waives these when you pay from a Ramp Checking Account. Overnight check delivery ($20) and check attachments ($1 a page) still apply.
- 1099 filing: $0.65 per IRS filing, state filing free.
Who qualifies
Ramp says your business must:
- Be registered in the United States as a corporation, LLC or LP. Nonprofits are welcome. Sole proprietors and individuals are not accepted.
- Have at least $25,000 in cash in a U.S. business bank account linked to the application.
- Have most of its operations and corporate spending in the U.S.
- Have a physical U.S. address (no PO box, virtual office, registered agent or mail forwarding address).
- Have an EIN and apply with a business email.
Time in business and revenue minimums: not stated on Ramp’s eligibility page. Ramp makes every approval and limit decision.
The Ramp sign-up bonus
Through our link, Ramp offers a $500 sign-up bonus and $350K in vendor credits (AWS, Slack, Notion, OpenAI and more). Ramp says the bonus is paid by virtual card after your first balance payment of $1,000 within 90 days of account opening.
Ramp sets these terms, decides who qualifies and pays the bonus. Check the current terms on Ramp’s page before you apply.
How we reviewed it
Cards and spend tools aren’t loans, so we don’t give them a star score (how we evaluate lenders). Instead we look at fees, eligibility, speed, features and how clearly the terms are shared, with honest pros and cons.
- Fees: no annual fee or interest, and software and Bill Pay fees are published. The cashback rate isn’t.
- Eligibility: no personal guarantee or personal credit check. You do need $25,000 in cash and a registered entity.
- Speed: Ramp says approvals take under 48 hours.
- Features: cards, bill pay and expense tools in one place, with a free plan.
- Transparency: eligibility, card terms and pricing are public.
- What users say: Ramp holds 4.8 of 5 on G2 from 2,575 reviews and 4.9 of 5 on Capterra from 227 reviews (as of Nov 10, 2026).
Alternatives
Other cards and spend tools:
- Brex: corporate card and spend platform. Brex says plans start at $0 per user per month, with more advanced features at $12 per user per month.
- Mercury IO card: a charge card for Mercury account holders, paid in full each month. Mercury says there is no personal guarantee, no credit check at sign up, and no interest or annual fees. A fit if you want business checking and a card in one place.
- BILL Divvy Card: BILL pairs its Spend & Expense software with the BILL Divvy Card, with budgets and syncs to QuickBooks, NetSuite, Sage Intacct and Xero.
- American Express Blue Business Plus: a business credit card with a $0 annual fee that earns Membership Rewards points.
- Capital One Spark Cash Plus: a charge card with a $150 annual fee, refunded each year you spend at least $150,000.
- Chase Ink Business Unlimited: a business credit card with a $0 annual fee and an intro APR offer on purchases.
If you need to borrow, not just spend:
- Plexe line of credit: Plexe says offers go up to $250,000, with a soft credit check to apply. See our line of credit guide.
- Fora Financial: working capital up to $1.5 million, per Fora, with a soft credit check that won’t affect credit scores.
Not sure which fits? Compare your options and Guru will point you to the partners built for it.
FAQ
Is Ramp a loan?
No. Ramp is a corporate charge card and spend platform. You pay the balance in full each month, and Ramp says it doesn’t offer traditional business loans.
Does Ramp check my personal credit?
Ramp says there is no personal credit check and no impact to your personal credit score.
Do I have to personally guarantee the card?
No. Ramp does not require a personal guarantee. It sets your limit from the business’s cash balance, cash flow and revenue.
Can a sole proprietor get a Ramp card?
Not right now. Ramp accepts U.S. registered corporations, LLCs and LPs, including nonprofits.
How does the $500 bonus work?
Sign up through our link. Ramp says the $500 is paid by virtual card after your first balance payment of $1,000 within 90 days of account opening. Ramp sets the terms.
About the reviewer
Reviewed by Chris Scarfo. Chris spent ten years in business banking before cofounding Lending Gurus.
Lending Gurus is not a lender. Ramp makes all approval and credit limit decisions. Terms can change; confirm current details with Ramp.
Sources (opened Nov 10, 2026)
- https://ramp.com/partners/lending-gurus (sign-up bonus, vendor credits, bonus payment terms)
- https://ramp.com/corporate-cards (no personal guarantee or personal credit check, limit basis, charge card, cashback, unlimited cards, no annual fee or interest)
- https://support.ramp.com/applying-and-signing-up-for-ramp-us-based (eligibility, $25,000 cash, entity types, EIN, address, limit basis, no business loans)
- https://ramp.com/pricing (plans, Plus pricing, 1099 fee, free plan features)
- https://ramp.com/accounts-payable (Bill Pay fees and waivers)
- https://ramp.com/legal/customer-terms/services-terms/rewards-terms (rewards rate set by Ramp)
- https://ramp.com/legal/customer-terms/financial-institution-partner-agreements/ramp-commercial-charge-card-agreement (charges due in full each month, sole proprietors excluded)
- https://ramp.com/blog/business-credit-cards-with-cashback (approved in under 48 hours)
- https://www.g2.com/products/ramp-financial-ramp/reviews and https://www.capterra.com/p/207081/Ramp/ (user ratings)
- Alternatives: https://www.brex.com/pricing, https://mercury.com/io, https://www.bill.com/product/spend-and-expense, https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/american-express-blue-business-plus-credit-card-amex/, https://www.capitalone.com/small-business/credit-cards/spark-cash-plus/, https://creditcards.chase.com/business-credit-cards/ink/unlimited, https://www.plexe.co/, https://www.forafinancial.com/