Costs & Pricing

Metric	Ramp Corporate Card	U.S. Bank Business Altitude® Connect Visa Signature® 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 Platform software is separate: Free $0/user/mo; Plus $15/user/mo + unpublished platform fee by team size (20% off annual); Enterprise custom.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 intro first year, then $95/year
Employee card fee	$0; unlimited physical and virtual cards	$0
Purchase APR	N/A — charge card; no revolving APR published. Marketing “0%” is 30-day statement float, not an intro APR.	18.24%–25.24% variable (creditworthiness + Prime). Consistent 2026 aggregator tables — official Schumer box is application-gated, not a scanned PDF.
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.	$0
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).	Up to $41 reported (WalletHub 28 Aug 2026)

Rewards & Value

Metric	Ramp Corporate Card	U.S. Bank Business Altitude® Connect Visa Signature® 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).	1 point per $1 eligible net purchase (1X)
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.	75,000 bonus points after $6,000 eligible net purchases on the Account Owner’s Card within 180 days (live official offer, 3 Sep 2026). About $750 only if redeemed at the official maximum 1¢ travel / USB-deposit path. Posts 1–2 billing cycles after qualifying.
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.	Official maximum applies to travel, Real-Time Rewards for travel purchases, and deposit into an eligible U.S. Bank account (treat as 1.0¢). Merchandise, gift cards, and statement credit may be worth less. Secondary: 0.8¢ cash if not depositing to a USB account (Doctor of Credit). Do not assume 1.0¢ on every path.
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.	No airline/hotel partners. Intra-USB only: to/from Business Altitude Power, personal Altitude Connect, personal Altitude Go — not Altitude Reserve. 20,000 points out and 20,000 in per calendar year. Both accounts in good standing. Transfers final.

Credit & Eligibility

Metric	Ramp Corporate Card	U.S. Bank Business Altitude® Connect Visa Signature® Card
Personal guarantee	Not required. Official: “Ramp does not require founders to personally guarantee your expenses.” Corporate liability.	Required in practice for U.S. Bank small-business cards. Official product page does not print the clause — confirm in Cardmember Agreement.
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.	Hard inquiry on the personal credit report (official benefits-center FAQ). SSN/ITIN collected. Beneficial owners ≥25% identity-verified; USB says that will not affect their credit.
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.	$0 additional AF. Identity check only (issuer says no credit impact). Spend controls via Spend Management. Liability remains on the business account / guarantor.
Product type	Corporate / commercial charge card plus spend-management platform (pay-in-full; not revolving; no published APR)	Revolving business credit card (preset limit; ExtendPay installment option on eligible purchases)

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

U.S. Bank Business Altitude® Connect Visa Signature® Card

Pros

• Live welcome bonus 75,000 points / $6,000 / 180 days on the owner card (official, Sep 2026)
• 4X on a wide travel definition plus gas/EV through $150,000 combined — broad for a sub-$100-AF business card
• $0 FTF and 4 Priority Pass visits after enrollment
• $0 employee-card AF and Spend Management controls
• Points can be pooled and moved (capped) to personal Altitude Go / Connect or Business Power

Cons

• $95 AF after year 1 with thin automatic credits
• No airline/hotel transfer partners; max value is issuer travel / USB deposit
• No 0% intro APR; employee spend excluded from the bonus hurdle
• Gas 4X excludes wholesale clubs and supercenters including Walmart/Target
• Public Schumer box is application-gated; insurance dollar caps are not in marketing copy

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.

U.S. Bank Business Altitude® Connect Visa Signature® Card

Business Altitude Connect is the $95 (year-1 $0) travel sleeve — not consumer Altitude Connect (TSA credit, 0% intro, quarterly gas cap) and not Ink Preferred (transferable UR). 4X travel+gas to $150k plus 4 Priority Pass visits is the reason to pick it. Ads, shipping, Costco gas, and transferable-points collectors should skip it. Year 2 needs real 4X volume or the $95 fee loses to a $0 1.5–2% flat.