The 5 Best Alternatives To Expensify: Which Of These Expensify Competitors Is Right For Your Business?
These alternative corporate cards to Expensify all have cash back for your business spending, expense management, accounting features, business integrations, and more.
Jason VissersJason Vissers has been researching, analyzing, and writing about small business software and finance since 2015. His financial expertise has been cited in numerous publications, including The Ladders. Jason graduated with a Political Science degree from San Diego State University in 2001.
Expert Analyst & Reviewer
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
The Expensify Card is a corporate credit card connected to Expensify’s business expense management system. With up to 4% cash back on your business purchases and the ability to save 50% on Expensify’s expense management tools, plus 40+ integrations to accounting and finance software platforms, Expensify has a lot to offer businesses with significant finance management needs.
However, for one reason or another — perhaps Expensify’s cash back program isn’t the best fit for your spending profile, or you don’t like the complexity of Expensify’s pricing — you may be curious about alternativesto Expensify in the corporate credit card space. To that end, the following Expensify alternatives all offer unique corporate card features and may better suit your company.
The following alternatives to Expensify give you cash back for your business spending, expense management, accounting features, business integrations, and more. Ramp, Brex, Divvy, and the Stripe Corporate Card are all among your best options.
1. Ramp: Overall Best Expensify Alternative For Business
Available only to US-based non-individual liability businesses
At least $75K in the bank needed to qualify
The Ramp corporate card, complete with personalized branding
Why We Chose Ramp As The Best Overall Expensify Alternative
Ramp’s combination of automated accounting, precision spend controls, a strong cash-back rate, and a complete lack of corporate card fees make Ramp the best overall Expensify alternative in our estimation.
Not all businesses will meet Ramp’s cash-on-hand requirements, but for those that do, Ramp’s targeted spend controls are highly compelling and useful. According to the company, Ramp’s corporate card is the only one on the market that can “block or restrict spend to a specific vendor—on a specific card or for your entire company.”
Ramp Rates & Fees
Remarkably, Ramp is entirely free. There are no monthly or annual fees, no fees for employee cards, no late fees, no foreign transaction fees, no extra charges for the accounting and reporting features — it’s all free.
Ramp Corporate Card Features
Ramp’s signature feature is an automated savings tool that notifies you of redundant software purchases, duplicate subscriptions, and any other unnecessary expense, making Ramp the rare credit card that encourages you to spend less.
Here are some of the Ramp card’s other features:
Numerous business integrations: Integrations for automated accounting, instant receipt collection, HR, and more
Branded cards: Add your brand logo to all your company’s Ramp cards
Multiple bill payment methods: Pay your bills via card, check, or ACH
Get alerts for big transactions: These alerts provide an extra level of account security
Set flexible expense policies
One thing Ramp lacked was a mobile app. Thankfully, Ramp recently unveiled its own mobile app, thus filling this gap.
Ramp offers a flat 1.5% cash back on all your purchases. It’s not the highest cash back rate you’ll find in the corporate card world, but it’s also much more straightforward than some competitors. There are no spending categories to track and no spending thresholds to meet.
Ramp Eligibility Requirements
To qualify for a Ramp card, your company must be a corporation or a non-individual limited liability company — individuals, sole proprietorships, and unregistered businesses will not qualify. You’ll also need at least $75K in the bank.
When reviewing your application, Ramp assesses your company’s cash balance, cash flows, and other financial health indicators. Thankfully, no personal guarantee is required.
No personal credit check or personal guarantee required
Brex must be your exclusive corporate card to earn significant rewards points
Eligibility requirements are strict and complex
Why We Chose Brex For Tech Startups
Brex’s eligibility requirements, though stringent, are tailored to be inclusive to tech startups with exponential growth potential, though large businesses with high monthly revenue earnings will also qualify. Brex’s corporate card offers this select group of companies an astonishing maximum of 8x points per dollar spent on some common business expenses.
Combine that with advanced spend management/tracking, automated invoicing, and a lack of personal liability, credit score requirements, and fees, and you have an ideal Expensify alternative for qualifying businesses with spending concentrated in Brex’s high-rewards categories.
Brex Rates & Fees
Like Ramp, Brex is an Expensify competitor with no fees whatsoever. No monthly or annual fees, no employee card fees, no foreign transaction fees, and so on. Needless to say, we approve of this.
Brex Corporate Card Features
Like Expensify, Brex offers much more than just a corporate charge card. Let’s go over the features on offer:
Real-time spend tracking: Stay on top of your firm’s business expenses
Individual card controls: Tailored controls for each subscription, vendor, and employee
Travel perks: Includes 24/7 concierge assistance
Mobile app for iOS and Android: Deposit checks, approve payments, and manage cards on the go
Automatic invoice payment
If you make Brex your exclusive corporate card and choose to make automatic daily repayments, you’ll earn the following for your spending:
8x points on rideshare purchases, 5x points on Brex Travel purchases, 4x on restaurants, 3x on eligible Apple purchases through the Brex Rewards portal, 1.5x on ads, and 1x on everything else
Tech companies can replace the 1.5x points on ad spending with 3x points on recurring software purchases
Life sciences companies can replace the 8x points on rideshares with 8x points on life science conference ticket spending and can replace the 1.5x points on ad spending with 2x points on lab supply purchases
Access over $150,00 in partner rewards, including up to $100K in credits via AWS Activate and 25% off Slack for 12 months
Rewards can be redeemed for statement credit or used to book travel arrangements through Brex’s portal. Also, if you are approved for monthly repayments, you’ll earn points at 1x less than the rates listed above, and if you use Brex but it is not your exclusive corporate card, you’ll only earn 1x points on all purchases.
Brex Eligibility Requirements
Brex’s eligibility requirements are both strict and hard to summarize succinctly.
With the Brex card, you either have to make daily or monthly automatic repayments, with daily repayments being easier (relatively) to qualify for. To qualify for a Brex card with daily repayments, you need to meet at least one of the following conditions:
Received an equity investment of any amount (accelerator, angel, or VC) or plan to in the near future
Earn more than $1 million per year in revenue
Have more than 50 employees
Tech startups who are on a path to meeting the criteria above, and are referred by an existing customer or partner, may qualify
The requirements for a Brex card with monthly repayments are even stricter and more complex. Essentially, startups will need at least $50K in the bank, but startups that have received accelerator, VC, or angel investments may have this requirement relaxed. Mid-market and enterprise businesses, on the other hand, will likely need more than $400K/month in revenue ($4.8 million/year).
Small-to-mid-sized businesses (exact requirements not disclosed)
High rewards rate for spending on restaurants & hotels
Free expense management features
Free physical and virtual cards for employees
Non-travel rewards redemption options are lackluster
Foreign transaction and late payment fees
The Divvy corporate card
Why We Chose Divvy For Travel
Businesses that spend a lot on hotels and restaurants will earn a very high rewards rate with the Divvy corporate card — much higher than Expensify’s rewards rate in these categories. With travel being essential to so many small businesses, it’s clear that Divvy deserves a spot on this list.
The Divvy card’s rewards increase in direct proportion to how often you pay off your statements, You’ll also get expense management features, accounting integrations, and a capable mobile app. However, the card’s foreign transaction fees hurt its suitability for international use.
Divvy Rates & Fees
Most corporate cards come with few fees, and Divvy is no different. However, there are a few fees to watch out for. Divvy charges a cross-border fee of 0.90% of the total transaction volume for US-based users and a currency conversion fee of 0.20% of the total transaction volume for all users. There’s also a late fee of 2.99% or $38, whichever is greater.
Divvy Corporate Card Features
The Divvy card’s integration with the free Divvy expense management platform gives you access to a host of valuable features. There’s also a handy feature that lets you spread out vendor payments.
Flex limit: Qualify for this feature, and Divvy will pay your vendor while you repay Divvy at a later date. This will incur a set fee between 0.9% and 1.9%, and you can repay Divvy over one, two, or three months
Spend tracking: Get details on spending by department, team, project, or individual
Flexible credit line: Get more spending power as your business grows
Partner credits & discounts: Save money on Amazon Web Services, Google Ads, FedEx Office, and more
Accounts Payable automation
Divvy once offered a convenient bill pay feature; sadly, it is not currently available.
With Divvy’s charge card, you can pay your bill on a weekly, semi-monthly, or monthly basis. Your rewards will depend on your payment frequency, with the highest rewards reserved for those who pay their bill more frequently.
Weekly repayments: Earn 7x points on restaurants, 5x on hotels, 2x on recurring software subscriptions, and 1.5x on everything else
Semi-monthly repayments: Earn 4x points on restaurants, 3x on hotels, 1.75x on recurring software subscriptions, and 1x on everything else
Monthly repayments: Earn 2x points on restaurants, 2x on hotels, 1.5x on recurring software subscriptions, and 1x on everything else
Rewards can be redeemed for travel, gift cards, statement credits, and cash back. Travel is the most lucrative redemption method at 1 cent per point. Otherwise, your points are worth around a half-cent.
Divvy Eligibility Requirements
A business must have a US bank account and a US EIN to qualify for Divvy. When applying, you’ll need to sign up for a demo first, at which point Divvy will tell you if your company qualifies. Divvy’s eligibility page states that applicants “typically” must have good to very good business and personal credit to qualify and that while cash balance requirements can vary, you must typically have $20K+ in an active account. Your business history and revenue will also be considered, though no benchmarks are given.
Non-corporate business entities rejoice: your business doesn’t have to be a corporation or LLC for you to qualify. Furthermore, according to Divvy, an international company may sign up if at least one owner with 25% ownership or more is a US citizen or resident.
No credit score or personal guarantee requirements
Must use Stripe for payment processing to apply
You must “request an invitation” before applying
The Stripe Corporate Card
Why We Chose The Stripe Corporate Card For Businesses Using Stripe For Processing
If, like many online businesses, you use Stripe for payment processing, the Stripe Corporate Card gives you a solid cash back rate, expense management and accounting integrations, and no fees whatsoever. Considering the ease with which you can integrate the Stripe Corporate Card into your Stripe merchant services ecosystem, this card is an excellent corporate card choice for businesses that use Stripe Payments for processing.
Stripe Corporate Card Rates & Fees
The Stripe Corporate Card is another corporate card that won’t charge any of the common credit card fees. Combine this with the fact that you won’t have to pay off your card daily or weekly (monthly automatic repayments are required), and the Stripe card is an impressive value proposition.
Stripe Corporate Card Features
Because a Stripe processing account (which is pretty easy to get) is required for a Stripe Corporate Card, Stripe will already have your business information when you apply, so you won’t have to fill out additional paperwork. Additionally, your credit limit is based on your processing & bank history, so your credit line will grow along with your business. Feature-wise, here’s what you’ll get.
Personalized cards: Upload your company logo from your Stripe dashboard to put it on your corporate card
Custom spend controls: Like Expensify, Stripe lets you set custom spend controls for your employees
Real-time expense reporting: Stripe automatically notifies employees to share their receipts upon making a purchase
Financing & accounting integrations: Stripe gives you easy integrations with QuickBooks, Xero, and, wouldn’t you know it, Expensify
Support for Apple Pay & Google Pay: Your employees can add their cards to Apple Pay and Google Pay
Stripe Corporate Card Rewards
With the Stripe Corporate Card, you’ll earn a flat 1.5% cash back for all your spending. It’s not the highest rewards rate you’ll find in a corporate card, but it’s quite solid, and it suits companies with varied spending needs. You’ll also get some impressive discounts and credits with partner brands:
Amazon Web Services: $5,000 in credits
Google Ads: $500 in credit after your first $500 in spending
Slack: 25% off for 12 months
Gusto: Three months free
Notion: 50% cashback up to $5,000
Expensify: 50% off for six months
Other partner discounts/credits are available with Snap, Zendesk, Intercom, Airtable, HubSpot, Carta, InVision, and Guideline.
Stripe Corporate Card Eligibility Requirements
Beyond the requirement that you have a Stripe account, Stripe doesn’t specify any business benchmarks you’ll have to meet to qualify for its corporate card. Stripe does, however, state that your payment volume, history with Stripe, and bank account history are factors that will be considered when you apply.
Note that before actually applying, you’ll first have to request access to the card’s application, as Stripe calls the card’s current state a “beta program.” After requesting an invitation into the beta, your business will then receive an email inviting you to apply for the Stripe Corporate Card.
One thing Stripe does not take into consideration is your credit score. Additionally, there is no personal guarantee requirement.
$1 million in revenue or $1 million in equity capital raised
Flexible repayment terms — up to 60 days
Up to 1.75% cash back on all purchases
Very few fees
Connects to Rho’s business banking suite
Strict eligibility requirements
You won’t earn rewards if you repay your card every 60 days
The Rho Card
Why We Chose Rho For Flexible Credit Terms
With a high flat cash back rate and flexible repayment options, Rho is a great Expensify alternative for businesses seeking a corporate card that connects to a full commercial banking suite and accounts payable platform.
As you’ll see, Rho’s eligibility requirements are steep, but this corporate card can nonetheless be quite a useful tool for qualifying companies.
Rho Rates & Fees
The Rho card lacks most typical credit card fees. However, there are a few to contend with: a 0.6% FX fee for most currencies (0.75% for Asia-Pacific currencies) and a $30 wire recall fee.
Rho Corporate Card Features
Rho’s corporate card and business banking suite sports a strong feature lineup.
Spend controls: Track expenses in real time — purchases automatically link to department budgets
Bill payment: Automated accounts payable — receive, approve, code, and pay invoices within Rho’s platform
Card controls: Supervise spending via smart limits and restrictions — change, lock, or cancel cards at any time
Unlimited physical and digital cards for employees
Mobile app for iOS and Android
What’s more, Rho’s business banking platform gives you free, unlimited USD wires to 161 countries as well as foreign transactions (with a 0.6% fee) via 38 global currencies.
Like some other Expensify competitors, Rho’s spending rewards depend on your bill payoff frequency.
1.75% cash back if the balance is paid off daily
1.50% cash back if the balance is paid off every 30 days
0.75% cash back if the balance is paid off every 45 days
No cash back if the balance is paid off every 60 days
While it’s disappointing that you don’t get rewards if you pay off your card every 60 days, most corporate cards don’t even give you the option of making payments that infrequently, making the Rho card a better option for cash flow management than most corporate cards. Sadly, international purchases do not earn cash back.
Rho Eligibility Requirements
Though Rho won’t check your credit or require a personal guarantee from applicants, its business requirements are pretty steep. To qualify, your business must either
Earn $1 million/year in revenue
Have $1 million in equity capital raised
Many businesses will not meet these requirements, but for those that do, Rho’s corporate card + business banking package offers a compelling set of business benefits.
Our Methodology For Choosing Our Favorite Expensify Competitors
In choosing our favorite alternatives to Expensify, we examined over a dozen corporate card and expense management platforms, evaluating the features and eligibility requirements of each. We also examined the cash back policies of each corporate card issuer. Generally, for flat-rate cash back corporate cards, 1.5% is a solid rate. Given how competitive the corporate card industry has become, I didn’t include corporate cards with maximum cash back rates of less than 1.5%.
Why We Don’t Recommend These Expensify Competitors
The following corporate credit cards are solid products that bring some quality features to the table. However, in the final analysis, I didn’t feel that they had enough to offer above and beyond what you can find with Expensify.
Airbase offers a strong corporate card along with strong expense management and spend controls. With up to 2% cash back on your purchases, it’s not a bad rewards card, either. What kept me from including it in our list of favorites is the fact that details on Airbase’s three subscription levels are kept opaque by the company. No pricing or feature lists are offered by Airbase — in lieu of this, the company asks you to “request a quote.”
Being a small business ourselves, we at Merchant Maverick know that you have better things to do than call a service provider for a pricing quote when you’re still researching and evaluating providers for comparison purposes. If Airbase were to list pricing ranges or at least spell out what each of their subscription tiers included, we’d consider adding them to our Expensify alternatives list.
Mesh Payments is a spend management platform that offers automations that improve your business’s efficiency. Mesh’s corporate card is actually a debit card, not a corporate card, but you’ll still get a feature lineup that rivals many of the companies featured in this list.
What keeps me from including Mesh Payments in our list of top Expensify alternatives is the fact that you’ll only get 1% cash back for your purchases. While that’s not even a poor rate in the corporate card world, the fact that you have a number of great options that offer a higher cash back rate and comparable business features means that Mesh Payments didn’t quite earn a top spot here.
Which Of These Alternatives To Expensify Is Right For Your Business?
Each of these Expensify alternatives has something unique to offer different kinds of businesses that are seeking a corporate card and expense management package to improve business efficiency and earn spending rewards. Of course, the best Expensify competitor will be the one that most closely matches what your business requires of a corporate credit card.
The Expensify platform has a free subscription level. However, if you need such advanced features as custom coding, accounting integrations, and multilevel approval, you’ll need either a Collect subscription ($5/user/month) or a Control subscription ($9/user/month).
Why should I use Expensify?
Expensify offers a corporate card that gives you cash back that scales with your level of business spending (up to 4%). Expensify also offers $75K+ in partner business discounts and perks, numerous business software integrations, card controls, spend tracking, bill payment, and a mobile app from which you can manage all of the above.
Is there a free version of Expensify?
Yes, there is a free version of Expensify, and it includes corporate credit cards, invoicing, cash reimbursement management, and bill payment. For such features as accounting integrations, custom reporting, and access controls, you’ll need one of Expensify’s paid subscriptions.
Jason Vissers has been researching, analyzing, and writing about small business software and finance since 2015. His financial expertise has been cited in numerous publications, including The Ladders. Jason graduated with a Political Science degree from San Diego State University in 2001.
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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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