Rho
All-in-one finance platform — a corporate charge card with AP, banking, and treasury in one, with no personal guarantee.
Overview
Rho is an all-in-one finance platform built around a corporate charge card, with AP/bill pay, banking, and treasury combined in one product. Founded in 2018 and based in New York, it issues Mastercard cards through Webster Bank N.A. By default the card is a charge card: each day's spend is auto-debited from the linked Rho checking account, with optional monthly credit terms available.
The platform carries no subscription or per-user fee, and card limits are underwritten on revenue, spending patterns, and balance-sheet liquidity rather than a personal credit check or personal guarantee. Spend management is included: receipt capture and matching, approval workflows and policy controls, employee reimbursements, and real-time sync to QuickBooks, Xero, NetSuite, and Sage Intacct. Rho holds a SOC 2 Type II report.
Best for
- Companies that want corporate cards without a personal guarantee or personal credit check, with limits underwritten on revenue and cash balance.
- Teams seeking to consolidate spend in one platform: card spend, AP/bill pay, and reimbursements with approval routing, at no subscription or per-user fee.
- Finance teams that want spend tightly coupled to their books, via receipt capture and real-time sync to QuickBooks, Xero, NetSuite, and Sage Intacct.
- Organizations needing virtual cards on demand plus flat cash back of up to 1.5% with no spend categories or tiers.
Less ideal for
- Companies with significant spend in foreign currencies: card spend abroad carries a 1% foreign currency conversion fee.
- Buyers who want a true credit card with revolving credit by default; Rho's card is a charge card, auto-debiting daily spend from the linked Rho checking account.
- Teams that need to reimburse employees outside the US; reimbursements are paid from a Rho checking account and apply to US bank accounts only.
- Buyers who want category- or tier-based rewards; cash back is a flat rate of up to 1.5% with no categories.
Pricing
Card & limits
Rewards & cash back
Spend management
Security & compliance
Platform & integrations
Compare Rho
Alternatives to Rho
Airbase Mid-market spend management — corporate cards with AP automation, expenses, and procurement; now part of Paylocity.
View profile
American Express The incumbent business-card issuer — established Membership Rewards and premium perks across a broad charge and credit lineup.
View profile BILL Spend & Expense Formerly Divvy — free corporate cards with real-time budgets and expense automation for small and mid-sized businesses.
View profileSources · 11 verified references
Affiliate disclosure. DecisionWire may earn a commission when you sign up through outbound links on this page, at no extra cost to you. Commissions never influence our data, scores, or rankings. Full disclosure.