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4.5
/5
Ramp
Visa
Ramp Corporate CardCash Back Calculator
Our Take
The Ramp Corporate card offers a competitive edge with perks like higher credit limits, no credit checks, cash back opportunities, and no foreign transaction fees. The card pairs perfectly with Ramp's arsenal of products dedicated to expense management, bill payments, accounting automation, vendor management, and reporting. Together, these tools help Canadian businesses save both time and money.
Card Details
Interest Rates
Purchase: 0%
Cash Advance: 0%
Annual Fees
Main Card: $0
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
300⁎Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Card Type
Prepaid
Our Rating
4.5/5
Institution
Ramp
How You Earn Rewards
- Get 1% cash back on all eligible transactions
Annual Rewards Breakdown
Annual Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
5 insurance
5 benefits
Insurance
Coverage
Travel and Emergency Assistance Services
Available 24 hours a day, 365 days a year
Car Rental Accident
31 days. Reimbursed for damages caused by collision up to cash value of most rented cars
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Car Rental Damage & Theft
31 days. Reimbursed for damages caused by theft up to cash value of most rented cars
Purchase Protection
First 90 days, up to $10,000 per claim and $50,000 per cardholder
Extended Warranty
Yes
Benefits
Details
High Credit Limits
30x higher than those offered by traditional banks
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Adapted limit
Customizable limits and controls down to the merchant and transaction level
No Credit Check
No personal credit check or personal guarantee required
Unlimited Cards
Issue unlimited virtual and physical cards for each employee
No Foreign Transaction Fees
Skip the typical 2.5% FX fees when spending abroad
Pros & Cons
Pros
- No Annual Fee
- High and Customizable Credit Limits
- Cash Back Opportunities
- No Credit Check
- No Foreign Transaction Fees
- Unlimited Cards
Cons
- Minimum Balance Requirements
- Geographical Limitations
- No Sole Proprietors
Legal
Terms and conditions apply. Cards issued by Peoples Trust Company under license from Visa International.
Must have at least $25,000 in your primary business bank account to qualify.
Businesses must be a corporation or a limited liability company registered in Canada; sole proprietorships, partnerships, and unregistered businesses are not eligible.
Certain industries may be restricted from onboarding to Ramp (e.g. cryptocurrency and cannabis businesses).
Ramp cannot serve Quebec, Saskatchewan, or the territories (Yukon, Northwest Territories, and Nunavut).