Comparison of Ramp and Brex Credit Cards for Startups

As a leading finance and accounting consulting firm, we have extensive experience working with startups that have raised over $200mm in funding in the last 12 months. Our team has evaluated various expense management solutions and has a strong opinion on which card is best for seed funded or venture capital backed businesses - Brex and Ramp.

When choosing a credit card for a startup, it's important to consider factors such as rewards that cater to tech, biotech and ecommerce companies, a spending limit based on the company's financial standing, no personal guarantee, integration with accounting software, and team spending management tools.

Brex is an ideal card for funded companies with a rewards program that suits the needs of VC-backed businesses. It offers a generous spending limit and has strong cash-like features, including FDIC insurance on cash deposits. On the other hand, Ramp is a suitable choice for later-stage companies, from Series A to Series C, as it combines a corporate card with expense management tools such as expense reports, reimbursement, and policy creation.

Both Brex and Ramp offer favorable spending limits, do not require a personal guarantee, and have integrations with popular accounting software. However, Brex may not be the best option for small businesses as it has recently announced its exit from the SMB market. Ramp, on the other hand, serves SMBs and requires only $75k in the bank to apply.

In terms of reviews, Brex is highly rated for early-stage companies, while Ramp is favored for growing companies with more employees and expenses due to its robust spending controls and easy accounting.

Another player in the market, Stripe, is not as widely used among startups compared to Brex and Ramp. Our team believes the Stripe card is suitable for companies already using other Stripe services but may not be the best option otherwise.