Stripe Corporate Card Review

Pros

• Strong cash back rate
• Integrates with expense management & accounting software
• No account fees

Cons

• Program is in limited beta for US companies and is invite-only
• Limited information available online
• Must be an existing Stripe user

What Is The Stripe Corporate Card?

The Stripe Corporate Card, issued for Stripe by the Utah-located Celtic Bank, sports a flat 1.5% cash back rate alongside a strong portfolio of spend management tools, expense reporting features, and business software integrations. This Stripe credit card also offers access to a broad array of credits and discounts with services like Expensify & Slack. Plus, the Stripe Corporate Card is a Visa card, so your team members should have no problems using the card worldwide.

If you’re interested in obtaining the Stripe credit card for your business, keep reading to get the full scoop!

Stripe Corporate Card Rewards & Perks

The Stripe Corporate Card offers a competitive 1.5% flat cash-back rate. While this rate isn’t as high as some cards that have a category-based rewards structure, the benefit of the flat cash-back rate is that you get rewards for all spending and don’t have to worry about customizing reward categories.

Beyond the base rewards scheme, there are other money-saving perks to consider too. Overall, Stripe’s rewards are competitive; the main downside that brings the score down to 3.4/5 stars for this section is that there are very few redemption options.

Discounts & Credits For A Range Of Services

Beyond the free payment processing bonus, Stripe includes a plethora of discounts and credits for various business services like AWS, Google Ads, Gusto, Expensify, and more.

1.5% Cash Back On All Business Spending

With The Stripe Corporate Card, you’ll receive an unlimited 1.5% cash back on all your business’s spending. You won’t have to keep track of spending categories — every purchase made by your business will accrue cash back.

Access To Other Stripe Services

One of the biggest perks of the Stripe Corporate Credit card is that it integrates directly with Stripe and gives you access to other key stripe services like:

• Stripe Payment Processing
• Stripe Capital
• Stripe Invoices
• Stripe Treasury

Redeeming Rewards

Stripe automatically applies your available rewards balance as a credit on your monthly statement. If you’d prefer to apply the rewards on your own schedule, Stripe allows that too. Just turn off automatic credits by updating your account settings.

Stripe Corporate Card Pricing & Fees

Stripe Corporate Card earns a perfect 5.0/5 for this section. There are no monthly or annual fees, no wire transfer fees, and no foreign transaction fees. This is highly notable and competitive for a corporate card.

With a charge card structure and the absence of any sort of fees, the Stripe Corporate Card is a great option for companies that want to avoid extraneous dings to their bank account.

The Stripe Corporate Card doesn’t allow account holders to carry a balance. Thanks to this setup, there are no APRs to worry about.

However, should your company need to carry a balance or if it has an inconsistent cash flow, this card won’t be for you. You’ll be required to pay off your statement in full each month, which could make this card a sticky wicket if you can’t do so.

Stripe Corporate Card Eligibility Requirements

Stripe doesn’t list specific guidelines for this card’s eligibility besides the fact that it is only open for US-based businesses. However, the company does state that several factors play a role in whether or not a business qualifies for the card. Considered factors include payment volume, history with Stripe, and bank account history.

Personal credit scores won’t be affected when applying, and Stripe does not require a personal guarantee.

Stripe Corporate Card Application Process

Stripe calls the card’s current state a “beta program” and access to the card is by invite only. You can select a “notify me” option on Stripe’s website if you would like to be notified when you would be eligible to apply for the card.

If your request for an invitation into the beta is approved, your business will then receive an email inviting you to apply for the Stripe Corporate Card.

Beyond the fact that there is an extra step to request beta access, Stripe likes to advertise a speedy application process. According to Stripe, you need a Stripe account to apply (so no paperwork is necessary). That means you can start using a virtual card within minutes of being approved if you are already using Stripe for payment processing.

Stripe Corporate Card Features

The Stripe Corporate Card doesn’t offer as many features as other more established corporate cards, which is why it scores 3.0/5 for this section. This is not surprising since the card is still in beta.

There are still several great features available and the basic spend control and expense management features are covered.

Here are some of the notable Stripe Corporate Card features:

• Custom spend controls
• Expense tracking
• Reporting
• Adjustable credit limits
• Custom card branding
• Fraud detection
• Expensify & QuickBooks integrations

Stripe Corporate Card Customer Service

Stripe offers 24/7 phone & live chat support for all customers. When paired with the knowledgebase and extensive developer documentation, Stripe’s support options are quite solid. However, customers have mixed reviews on the quality of the customer support representatives.

Stripe Corporate Card Customer Reviews

As Stripe’s corporate card program is still in beta, there isn’t a lot of feedback to be found online regarding the Stripe Corporate Card. However, as a company, Stripe has a large online presence with mixed reviews. Stripe gets a lot of praise for the quality of its service, though it also gets a high volume of complaints regarding account stability, though this happens with all third-party processors due to the inherent risk of account holds & terminations.

This mix of reviews earns Stripe a 3.4/5 star rating for this section.

Negative Stripe Corporate Card Reviews & Complaints

• Account holds & terminations
• Not user-friendly
• Up-scaling features gets costly

Positive Stripe Corporate Card Reviews

• Great customization & control
• Fair pricing
• Strong support for international sales
• Extensive documentation

Is The Stripe Corporate Card Safe?

As an eCommerce-focused payment processor, Stripe is a PCI Service Provider Level 1, which is the strongest certification level available in the payments industry. Stripe stays competitive in the corporate card scene, specifically with its built-in fraud detection features.

Final Verdict: Is The Stripe Corporate Card Worth It?

The Stripe Corporate Card is a generally solid credit card. With unlimited 1.5% cash back and no fees to worry about, you’ll always earn a decent rate on purchases. Plus, there’s a slew of discounts and credits to take advantage of, as well as spend controls, real-time expense reporting, and accounting integrations.

However, all these positives are moot if you don’t use Stripe for your card processing. Additionally, businesses that send employees on frequent trips may find a corporate credit card with better travel benefits more appealing.

But the biggest con of all is that the card is invite-only. If you need a corporate card now and don’t want to wait on Stripe, take a look at the other top corporate cards for businesses.

When To Choose The Stripe Corporate Card

When To Pass On The Stripe Corporate Card

Stripe Corporate Card FAQs

Corporate Card Review Methodology

Merchant Maverick has been researching and reviewing business credit cards and corporate cards since 2018. Our writers have evaluated over sixty different business card products. In each corporate card review, we evaluate rewards and perks, rates and fees, features, eligibility requirements, customer service, and user reviews. Read more about how we rate corporate cards.

Note: We use a different credit card rating methodology to evaluate traditional business credit cards, as they often differ from corporate cards in benefits, qualifications, and use cases.

When comparing corporate cards, we consider many data points, including the specifics of cash back and spending rewards, the presence of annual fees, the breadth and flexibility of reward redemption options, revenue and time in business qualifications, credit score requirements, and extra perks. Our lists of the best corporate cards include only those we’ve deemed worthwhile from multiple vantage points and often share qualities such as widespread availability, low fees, competitive rewards, and reasonable revenue, cash-on-hand, and time in business requirements.

We spend an average of 10-15 hours researching and updating each one of our lists, making sure the corporate cards included meet our internal standards for quality and reputation.

The Merchant Maverick Seal of Approval 🏆

Stripe Corporate Card	Apply Now

After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Stripe Corporate Card for yourself.

The Merchant Maverick Seal of Approval 🏆

Stripe Corporate Card	Apply Now

After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Stripe Corporate Card for yourself.