No personal guarantee, no personal credit report, and up to 2% Cashback with Rho Platinum on card spend (terms apply).
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC.
What you get with a Rho Corporate Card
¹ Cashback rate depends on Daily or Monthly Terms. Full statement balance must be paid on time, or Cashback is forfeited. Daily Terms: up to 1.25% Cashback on card spend (terms apply); up to 2% Cashback with Rho Platinum on card spend (terms apply). Monthly Terms: up to 1% Cashback on card spend (terms apply); up to 1.75% Cashback with Rho Platinum on card spend (terms apply). Rho Platinum Cashback applies on up to $1,000,000 in eligible card spend per calendar year.
- 01
Gather your documents
You need your EIN and formation documents.
- 02
Apply online
Apply with your EIN and formation documents.
- 03
Get approved
Rho does not run a hard or soft check on your credit score when you apply.
- 04
Issue cards and set controls
Issue physical and virtual cards to your team, set spending limits per card or per user, and start earning Cashback on card spend.
No annual fee. Ever.
- No personal guarantee or personal credit check
- Up to 2% Cashback with Rho Platinum on card spend (terms apply)
- Physical and virtual cards for your team
- Spend controls
- Daily or Monthly Terms, your choice
- Monthly Terms opens at $25,000 held at Rho, or $75,000 combined with linked external accounts, subject to underwriting
Rho Platinum is a status, not a separate product, with no fee and no application. It applies when payroll runs through Rho, revenue is deposited via Rho, 50% or more of company assets are held at Rho, and the company has an open Rho Corporate Card. Talk to your Rho team to confirm your status.
No personal guarantee
No personal guarantee or personal credit report is required to apply, and Rho will not conduct a hard or soft check on your credit score when you apply for credit with Rho.
Spending controls on every card
Rho supports spending limits on both physical and virtual cards, configurable per card or per user, with additional controls like merchant restrictions and spending categories.
Real-time spend alerts
Rho sends real-time notifications for card transactions, and can connect to Slack to deliver real-time alerts on money movement, including inflows, outflows, and card activity, in your channels.
| Rho | |
|---|---|
| Cashback rate | Cashback, not points (some categories excluded, terms apply): up to 2% with Rho Platinum (terms apply); up to 1.25% standard (terms apply), on card spend |
| Minimum balance to qualify | Monthly Terms opens at $25,000 held at Rho, or $75,000 combined with linked external accounts, subject to underwriting |
| Personal guarantee | Not required |
| Repayment terms | Daily or Monthly Terms, your choice |
| Annual and card fees | $0. No annual fee, subscription fee, or per-card fee |
| Rho | Brex | Ramp | Mercury | |
|---|---|---|---|---|
| Cashback rate | Cashback, not points (some categories excluded, terms apply): up to 2% with Rho Platinum (terms apply); up to 1.25% standard (terms apply), on card spend | Category-multiplier points: 7x on rideshare, 4x on Brex prepaid travel, 3x on restaurants, 2x on software, 1x on everything else | No published Cashback rate; "up to 5% savings" is an illustrative estimate, not a guarantee | Unlimited 1.5% Cashback on all spend, flat |
| Minimum balance to qualify | Monthly Terms opens at $25,000 held at Rho, or $75,000 combined with linked external accounts, subject to underwriting | $50,000 cash balance if funded, or revenue thresholds for daily and monthly payments | None published | None stated; credit limit is balance-based |
| Personal guarantee | Not required | Not required | Not required | Not required |
| Repayment terms | Daily or Monthly Terms, your choice | Daily payments require over $500K/yr revenue; monthly payments require over $400K/mo for mid-market and enterprise | 30-day payback | Daily repayment until balances reach $15K, then 30-day terms |
| Annual and card fees | $0. No annual fee, subscription fee, or per-card fee | $0 per user per month; no separate card fee | No annual fee; Plus plan has a platform fee based on team size | No annual or interest fees |
A corporate credit card is issued directly to a company rather than an individual employee, with the business, not the employee, liable for repayment. Rho issues corporate credit cards with no personal guarantee and no personal credit report required to apply. The business settles the balance on Daily or Monthly Terms, the customer's choice.
A corporate charge card must be paid in full each cycle, with no revolving balance. A corporate purchasing card, or P-card, is scoped to vendor and procurement spend, sometimes called a procurement card in larger purchasing workflows. Rho's corporate credit card settles on Daily or Monthly Terms.
The terms overlap, but "business credit card" more often refers to a card issued to a small-business owner personally, sometimes with a personal guarantee attached. "Corporate card" typically implies company-level underwriting instead. Rho's corporate credit card is underwritten on the business, with no personal guarantee and no personal credit report pull required.
Start with eligibility: does the issuer require a minimum cash balance, revenue, or a personal guarantee. Then compare the real Cashback mechanics, not just the headline rate: is it cash or points, and what spend counts. Rho's corporate card requires no personal guarantee, and pays up to 2% Cashback with Rho Platinum on card spend (terms apply).
Companies holding idle operating cash can also pair a Rho Corporate Card with a separate Rho Business Savings Account, which offers up to $75M in FDIC deposit insurance per entity through the Rho Business Savings Account only, reflecting program capacity on a commercially reasonable efforts basis, not a guarantee.
No personal guarantee, no annual fee, and up to 2% Cashback with Rho Platinum on card spend (terms apply).
Frequently asked questions
A corporate card is a credit or charge card issued to a company rather than an individual, with the business responsible for repayment. Rho issues corporate credit cards with no personal guarantee required.
Yes. Rho's corporate credit card requires US incorporation and an EIN. Monthly Terms opens at $25,000 held at Rho, or $75,000 combined with linked external accounts, subject to underwriting.
No. Rho does not require a personal guarantee, a consumer credit report, or a personal credit score pull to open a corporate card.
Rho Cards do not require a personal guarantee. Rho will not conduct a hard or soft check on your credit score when you apply for credit with Rho.
No. Rho charges no annual fee, subscription fee, or per-card fee on its corporate credit card.
Rho Platinum applies when payroll runs through Rho, revenue is deposited via Rho, 50% or more of company assets are held at Rho, and the company has an open Rho Corporate Card. Talk to your Rho team to confirm your status.
Daily Terms earn up to 1.25% standard Cashback (terms apply), or up to 2% with Rho Platinum (terms apply), on card spend. Monthly Terms earn up to 1% standard Cashback (terms apply), or up to 1.75% with Rho Platinum (terms apply), on card spend.
Category exclusions, including Walmart and affiliates, utilities, and money-transfer or quasi-cash merchants, apply regardless of terms.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC.
Rho supports spending limits on both physical and virtual cards, configurable per card or per user, with additional controls like merchant restrictions and spending categories. Category exclusions, including Walmart and affiliates, utilities, and money-transfer or quasi-cash merchants, apply regardless of Daily or Monthly Terms.
Rho issues physical and virtual cards to your whole team, with no personal guarantee or personal credit report required for any cardholder, and up to 2% Cashback with Rho Platinum on card spend (terms apply) across the company.
Yes. Rho sends real-time notifications for card transactions. In-person purchases trigger an SMS at the time of purchase, and online purchases trigger an email when a receipt is required for that transaction. You can also turn on push, email, or SMS notifications per card in Card Settings > Notifications. If your team uses Slack, Rho can connect to Slack to deliver real-time alerts on money movement, including inflows, outflows, and card activity, in your channels.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC. Funds held at Lead Bank are eligible for FDIC pass-through deposit insurance up to $250,000 per depositor, per FDIC-insured bank, per account ownership category, subject to applicable conditions. Coverage is shared across all of your deposits at Lead Bank in the same ownership category; amounts above the applicable limit, and funds that are not deposits at Lead Bank, are not covered. The Rho Corporate Cards are issued by Lead Bank, Member FDIC, and by Webster Bank, a division of Santander Bank, N.A., Member FDIC, as applicable, pursuant to a license from Mastercard and subject to approval. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and is subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or any other third party. Rho Business Savings Account services provided by American Deposit Management Co. and its partner banks. Up to $75M in FDIC deposit insurance per entity applies to the separate Rho Business Savings Account only, reflecting program capacity on a commercially reasonable efforts basis, not a guarantee. Under this program, the customer waives extended per-bank FDIC deposit insurance coverage, and the full balance may be held at a single program bank at any given time, subject to FDIC requirements. Rho Platinum cashback is up to 2% on Daily Terms and up to 1.75% on Monthly Terms (terms apply). Standard cashback (terms apply) is 1.25% on Daily Terms and 1% on Monthly Terms. Cashback is earned on card spend, up to $1,000,000 in eligible spend per calendar year across all tiers, issued as a statement credit, requires payment of the full statement balance on time, must be redeemed within 12 months of earning, and excludes certain categories including Walmart and affiliates, utilities, money transfers and quasi-cash, and non-US transactions. A late fee of 3% of the delinquent payment balance per month may apply for up to six months, unless prohibited by law. Late payment forfeits rewards. Competitive data collected from Brex, Ramp, and Mercury websites as of 2026-10-04, and may change. Any third-party links are provided for informational purposes only. The third-party sites and content are not endorsed or controlled by Rho.