Assessment
Spend control is Ramp's center. Visa charge cards include receipt matching, preset limits, travel booking, reimbursements, approvals and invoice capture, and Ramp syncs to more than 40 systems in accounting. Even the free plan includes cards, expenses and bill pay, with sync to QuickBooks Online or to Xero, so trying it is inexpensive.
Banking trails the spend product. First Internet Bank of Indiana holds the checking account and pays a variable APY of 2%, yet the 4.54% figure quoted in the headline is a hypothetical yield on a $10M sample portfolio, and the investment account requires a $5,000 minimum position although the pricing page cites no minimum deposits. The Plus platform fee is unpublished, as are add-on prices and the cashback rate.
Scenarios
| Scenario | Suitability | Why |
|---|---|---|
| Expense and receipt automation | Well suited | Receipt matching and capture, reimbursements, and AI review of expenses on Plus. |
| Procurement and accounts payable | Well suited | Approvals, invoice capture and three-way matching, while procurement is sold as an add-on. |
| Heavy ERP finance stacks | Well suited | On paid plans, integrations are available for Oracle Fusion, Workday, Sage Intacct and NetSuite. |
| The main operating bank account | Partly suited | Checking pays 2% APY, though the banking product arrived later than the spend suite. |
| Yield on cash held in reserve | Partly suited | The investment account is usable, but its headline figure is hypothetical, with a $5,000 minimum. |
Built for
Finance teams hoping to automate cards and expenses, as well as bills and procurement, especially companies on NetSuite, Sage Intacct or Workday.
Less suited to
Companies that mainly want a bank account or else yield, and buyers who require each price in print ahead of a sales call.
Who should consider it
Likely to suit
- Finance teams seeking a faster close of the books
- Companies on Sage Intacct, NetSuite or Workday
- Businesses hoping to try spend software via the free plan
Unlikely to suit
- Companies that choose mainly by yield or bank features
- Buyers who require all prices published up front
- Teams that need the cashback rate stated in the terms
Rating by criterion
How the eight criteria that form the rating for Ramp are each scored out of 100.
Sector criteria
A checking account held at First Internet Bank of Indiana, with instant RTP payments and a variable APY of 2%. FDIC coverage through IntraFi's network is given only as tens of millions of dollars for each depositor.
Visa charge cards that include 30-day payback, no cap on virtual and physical cards, receipt matching, preset controls, travel booking and reimbursements.
The 4.54% figure is hypothetical, a yield to maturity for a $10M sample portfolio dated September 3, 2026, and the investment account requires a $5,000 minimum position carrying an advisory fee up to 0.15%.
Connects to 40+ accounting systems, among them Sage Intacct, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365 and Workday Financials. QuickBooks Online and Xero are on the free plan.
Vendor criteria
Covers expenses, cards, procurement, accounts payable, receivables, travel and banking, including AI features through the suite.
Chat, email, a published phone line and around-the-clock AI help, and on Enterprise priority 24/7 support that includes a dedicated team.
The free plan is published, and so is the Plus fee at $15 per user, but the card cashback rate, add-on prices and the Plus platform fee are not.
Charge cards require no personal guarantee, nor a credit check, and Enterprise is billed each year on custom terms.
Against its peers
How Ramp compares with other companies we rate in Business banking & treasury.
Fact file
| Products | Expenses, corporate cards, bill pay, travel, receivables, procurement, checking and investment accounts Source |
|---|---|
| Plans | Free costs $0; Plus costs $15 per user per month and a platform fee; Enterprise custom Source |
| Checking | First Internet Bank of Indiana, Member FDIC, provides the deposit services. Source |
| Integrations | Accounting systems, 40+ Source |
| Funding | Raised $750M in June 2026 at a valuation of $44B. Source |
Source pages
- Ramp homepage and disclosures: https://ramp.com/ (As of September 23, 2026)
- Ramp pricing: https://ramp.com/pricing (As of September 23, 2026)
- Ramp corporate cards: https://ramp.com/corporate-cards (As of September 23, 2026)
- Ramp business banking: https://ramp.com/business-banking (As of September 23, 2026)
- Ramp integrations: https://ramp.com/integrations (As of September 23, 2026)
- Ramp rewards terms: https://ramp.com/legal/customer-terms/services-terms/rewards-terms (As of September 23, 2026)
- CNBC on Ramp's June 2026 funding: https://www.cnbc.com/2026/06/04/ramp-valuation-funding-ai-spend.html (As of September 23, 2026)
- Ramp on Wikipedia: https://en.wikipedia.org/wiki/Ramp_(company) (As of September 23, 2026)
How this rating was made
This profile gives our own assessment of Ramp to companies selecting a Business banking & treasury provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Ramp gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, and filings. This profile had no lab tests, and no accounts were opened. Fact-checking took place on September 23, 2026.