Ramp Corporate Card Review: High Limits, Fast Approvals and Automated Controls

The Ramp Corporate Card stands out as a flexible credit solution for Canadian businesses needing higher credit limits and automated expense management. Ramp offers dynamic credit limits based on your real-time business cash flow, extending up to and beyond $1 million for qualified companies. There are no annual fees, late fees, or foreign transaction fees, and you can issue unlimited virtual and physical cards for your team. Approval can be completed in under 48 hours, and there is no personal credit check or personal guarantee required, making this card ideal if you want seamless access to working capital.

How to Apply for the Ramp Corporate Card

1. Gather your business incorporation details and monthly revenue statements.
2. Complete the online Ramp Corporate Card application form.
3. Connect your business bank accounts securely for real-time underwriting.
4. Get a decision typically within 48 hours.
5. Upon approval, set up your account and issue cards to your team members as needed.

Key Pros of the Ramp Corporate Card

One clear advantage is the dynamically high credit limits that grow with your revenue—no need to request increases manually. Unlimited virtual and physical cards can be set with custom controls, letting you tightly manage team spending and categories. All transactions sync automatically with accounting tools, saving you major time on administrative work. Ramp’s automation helps you catch duplicate expenses and enforce business policies at scale.

Key Cons of the Ramp Corporate Card

The biggest downside is Ramp only supports businesses with US-based operations and a federal tax ID, so Canadian companies with US subsidiaries are best positioned to apply. It is also required to pay off your balance in full every month—if you need revolving credit, this may not be the best fit. Some advanced features may be more valuable for medium to large businesses, rather than sole proprietors or micro businesses.

Ramp Corporate Card Verdict

Ramp is a top contender if your company needs very high credit limits, fast access to capital, no annual fees, and advanced controls for expense management. If you have a US entity or subsidiary, Ramp is worth considering to enhance your operational efficiency, scale spending safely, and automate financial workflows. For businesses focused on serious growth, it’s one of the most modern and cost-effective choices on the market.