What Rho Cards Finance does
Rho is a corporate credit card that is issued to a company, which is responsible for repayment. Applying requires US incorporation and an EIN, and Rho does not require a personal guarantee or run a hard or soft credit score check. Businesses can issue physical and virtual cards to team members, with spending limits set per card or per user, merchant restrictions, and spending categories. Rho sends real-time transaction notifications and can connect to Slack for alerts. Cashback rates depend on the repayment terms, with Daily Terms and Monthly Terms available. Monthly Terms requires $25,000 held at Rho or $75,000 with linked external accounts, subject to underwriting. Rho lists no annual, subscription, or per-card fees. The cards are issued by Lead Bank and Webster Bank.
How Rho Cards Finance compares with its closest alternatives
4 of the 5 closest alternatives have a free plan, as Rho Cards Finance does. 4 of the 5 offer an API, as Rho Cards Finance does. Rho Cards Finance offers a web app. Of the alternatives, all 5 offer a web app. Rho Cards Finance was founded in 2019; the alternatives were founded between 2019 and 2020. Rho Cards Finance is based in San Francisco, United States; all its 5 alternatives are in the United States too.