#Divvy restaurant how to
#Divvy restaurant full
#Divvy restaurant software

Applicants should have good or very good personal credit, and businesses that are approved typically will have at least $20,000 cash in an active account. At least one owner with a minimum 25% ownership stake must be a US citizen or resident. However, Divvy told Merchant Maverick that sole proprietors are eligible to apply. Divvy says that its card is suitable for small to mid-sized businesses but does not list specifically what types and sizes of businesses it accepts. Ramp will judge your eligibility and credit limit based on your company’s cash balance, cash flows, and other indicators of financial health.ĭivvy is open to a wider variety of business types than Ramp, requiring only a US bank account and US EIN. Ramp requires businesses to have high amounts of cash on hand, with a minimum of $75,000 in a US bank account. Nonprofits are allowed, but individuals, sole proprietors, and unregistered businesses are not eligible for Ramp’s corporate card. Ramp is available only to businesses formed as corporations and LLCs and registered in the US. Here is a quick breakdown of what we know about each corporate card’s requirements.

#Divvy restaurant full

One difference is that Ramp offers full transparency about its eligibility requirements, whereas Divvy does not disclose its requirements fully. Divvy when it comes to who is eligible to use these corporate cards. You’ll find clear differences between Ramp vs.

Slack integration that supports reimbursement requests.

No fees, including setup, late, annual, or foreign transaction fees.

Let’s start with a look at what these corporate cards have in common:

Ramp shows some important differences that could make one or the other of these corporate cards better for you. Ramp and Divvy corporate cards may seem more alike than different. What’s The Difference Between Ramp & Divvy Corporate Cards? Divvy also delivers strong expense-management features, card controls, and spend tracking. All purchases will earn a minimum of 1x, no matter how often you pay. To earn the highest rewards, you’ll need to pay off your balance weekly. However, the rewards scheme is complicated and depends on category spending and repayment rate.

Non-transparent eligibility requirementsĭivvy offers rewards that can go as high as 7x points.

Foreign transaction and late payment fees.

Rewards don’t kick in until after a year of card use.