Costs & Pricing

Metric	Ramp Corporate Card	Brex Card
Annual fee	$0 on the card. Platform software is separate: Free $0/user/mo; Plus $15/user/mo + unpublished platform fee by team size (20% off annual); Enterprise custom.	$0 published for the card. Software is separate: Essentials $0/user/mo; Premium $12/user/mo; Enterprise/Smart Card custom. Do not treat Premium as a card AF unless the company elects that plan.
Employee card fee	$0; unlimited physical and virtual cards	$0; unlimited physical + virtual cards advertised
Purchase APR	N/A — charge card; no revolving APR published. Marketing “0%” is 30-day statement float, not an intro APR.	N/A — charge card, pay in full. Marketing “0%” is charge-card float (daily ~1 business day after clear, or ~30-day monthly statement), not an intro APR.
Intro APR (purchases)	Not offered (no APR product)	Not offered
Foreign transaction fee	No separate FTF line. International charges that clear in a non-settlement currency: Visa conversion + markup not exceeding 3%. Local-currency cards on Enterprise / Canada can avoid conversion if spend matches card currency.	Marketing: no FTF. Official: FX rate markup of up to 3% on conversions (Mastercard wholesale, adjusted daily). Local-currency cards can avoid conversion on local spend.
Late payment fee	Official: none on the card product. Auto-pay of the full statement is required; failed debit is the operational penalty (possible lock, limit cut, account action).	2.99% of delinquent balance or $38, whichever is higher, assessed once per statement that is 30 days past due (Card Program Terms, Apr 7, 2026)

Rewards & Value

Metric	Ramp Corporate Card	Brex Card
Base earn rate	Rate determined by Ramp on Qualified Purchases (Rewards Terms, 15 Jul 2026). Public/spokesperson range 0%–1.5% assigned per customer. Do not treat 1.5% as guaranteed. Canada cards are a separate fixed 1% (out of scope).	1x on everything else under Exclusive (1 point per $1 USD spend with a U.S.-based merchant). All customers enrolled in Exclusive unless the contract says otherwise. No published category caps. Non-Exclusive / second-card path may be flat 1x — source conflict with 2026 reviews; confirm on the live contract.
Welcome bonus	Not disclosed on official corporate-card or pricing pages (3 Sep 2026). Third-party listings conflict: NerdWallet 15 Jun 2026 — $1,000 Ramp card on approval, no min spend, one per new customer; older reviews $500. Treat live offer as Unclear — confirm on application.	$1,000 USD statement credit after ≥$4,000 Qualifying Spend within 30 days of activation. Apply, be approved, and activate (first purchase) Sep 1–30, 2026 (legal offer revised Aug 10, 2026). Re-check Oct 1. Review sites still print 10,000 points after $3,000 in 3 months — not found as a current dated legal page.
Redemption value	Cash/statement path is 1¢ per 1% only to the extent Ramp assigned that earn rate. Transfers are not 1:1. Cashback is not automatic unless auto-applied to Plus/Bill Pay fees.	Brex Travel portal: 1 point = 1¢. Cash to Brex business account or statement credit: 1 point = 0.6¢ (admin must claim). Headline 7x rideshare is 4.2% cash only if Exclusive + cash path. Do not use 1¢ for cash.
Transfer partners	Not listed in current Rewards Terms. Historical 2024 in-product list (verify in-dashboard): Aeromexico, Flying Blue, Avianca LifeMiles, British Airways, Etihad Guest, Marriott Bonvoy, Qantas, Qatar Privilege Club, TAP Miles&Go, Wyndham — commonly 1.5 Ramp points : 1 partner unit. Min historically 100 partner points (150 Ramp). Irreversible; name must match an authorized admin.	Emirates Skywards, Avianca LifeMiles, Singapore KrisFlyer, Air France-KLM Flying Blue, Aeromexico Club Premier, Cathay Asia Miles, Qantas Frequent Flyer at ~1,500:1,000. Crypto (BTC/ETH) appeared in older guides at 0.6¢ — not on the current official redeem page.

Credit & Eligibility

Metric	Ramp Corporate Card	Brex Card
Personal guarantee	Not required. Official: “Ramp does not require founders to personally guarantee your expenses.” Corporate liability.	Not required in Brex marketing. Card Program Terms assign liability to the Company. Confirm the live issuer agreement at approval (Emigrant vs Fifth Third vs other).
Credit check	Official: no personal credit check; no impact to personal credit score. Last 4 of SSN (or foreign passport) of one officer is KYC, plus selfie/ID if stepped up — not a published hard pull.	Brex states SSN is for identity verification and is not used to underwrite or pull personal credit. No advertised personal hard pull.
Employee cards	Unlimited physical and virtual; company liable. Spend controls: amount, frequency, category block/allow, merchant lock. Apple Pay / Google Pay; 3DS. USD physical cards: no PIN.	One employee card (physical or virtual) per user plus unlimited purchasing/virtual cards. Spend limits, merchant locks, policies, Apple/Google/Samsung Pay. Company liable. Auto-reissue on expiry.
Product type	Corporate / commercial charge card plus spend-management platform (pay-in-full; not revolving; no published APR)	Corporate / commercial charge card plus spend-management platform (pay-in-full daily or monthly; not revolving; no published purchase APR)

Pros & Cons

Ramp Corporate Card

Pros

• $0 card AF and $0 extra-card fees with unlimited virtual/physical cards
• No personal guarantee and no personal credit check (official); corporate liability
• Native controls, receipt capture, and accounting sync — the software is the product
• 30-day interest-free float if auto-pay succeeds
• Visa Signature purchase security, extended warranty, and rental CDW on USD cards

Cons

• Cashback rate is not a published guarantee (0–1.5%, Ramp-determined); foreign/non-USD spend excluded from Qualified Purchases
• Must pay in full; cannot revolve or balance-transfer
• Sole props ineligible; $25k cash + real U.S. address bar
• FX markup up to 3% despite “no FTF” marketing; Plus platform fee and 2026 Bill Pay per-item fees can erase “free”
• Limit can move with linked cash; missed debit is operationally harsh

Brex Card

Pros

• No personal guarantee and no advertised personal credit pull; company is the obligor
• $0 card annual fee and unlimited employee/virtual cards on Essentials
• Exclusive category points with no published earn cap; Brex Travel portal at 1¢/pt
• Native expense controls, virtual/vendor cards, and accounting integrations
• Local-currency cards in 50+ countries (plan-dependent); business-bureau reporting without personal-credit reporting (per Brex)

Cons

• Charge card: no revolving APR, no 0% working-capital window; late fee 2.99% or $38 after 30 days past due, plus possible 10% workout fee
• Sole props ineligible; funded startups commonly ~$50k cash; commercial revenue floors are messy
• “No FTF” marketing vs up to 3% FX markup
• Cash redemption 0.6¢/pt; airline transfers 1,500:1,000; Exclusive/contract multipliers are easy to misread
• Dynamic limits can fall with cash; Capital One ownership may change terms

Verdict

Ramp Corporate Card

Ramp is a charge-card ops platform, not a 1.5% bank card and not Brex’s sibling SKU. Official no-PG / no personal pull plus unlimited virtual cards is the reason to pick it. Do not assume 1.5% cashback, a public welcome bonus, or true $0 FX. Sole props, revolvers, and rate-guarantee shoppers should use a traditional PG cash card instead. Plus seats and Bill Pay rails are software costs, not a card annual fee.

Brex Card

Brex is a charge-card ops platform owned by Capital One as of April 7, 2026 — not Spark, not Ramp’s Visa SKU, and not a revolving bank card. Pick it for no-PG underwriting and policy tooling. Do not assume 1¢ cash, a guaranteed 7x, or true $0 FX. Sole props, revolvers, and simple 1.5–2% cash shoppers should use a traditional PG card or Ramp if the cash bar fits. The Sep 2026 $1,000 / $4,000 / 30-day credit expires Sep 30 — re-check Oct 1.