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Stripe Corporate Card

stripe.com

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Re: Stripe Corporate Card

#42
Our company Moonlight was an early beta tester of the Stripe Corporate Card. Each person on our distributed team of five has a card, and it's made things like arranging travel or covering minor SaaS charges simple.

Happy to answer any questions about the end user experience!

Re: Stripe Corporate Card

#43
post #33
post #21

Well, 2% on some things + 1% on everything else is better than I am getting with Amex now. Plus, $50k in free processing is like $1,450 in free money. Honestly, I wouldn't believe that deal, except that I have a multi-year history with stripe as our CC processor and it has been nothing but positive and as-promised. So, I submitted an application. It sounds like a great deal to me.

Uber Visa gets you 4% on dining, 3% on hotels and airfare, 2% for online purchases, and 1% on everything else. It's not a corporate card, but it's hard to beat those rates.

> It's not a corporate card

So invalid as a comparison to a corporate card.

Re: Stripe Corporate Card

#44

Our company Moonlight was an early beta tester of the Stripe Corporate Card. Each person on our distributed team of five has a card, and it's made things like arranging travel or covering minor SaaS charges simple. Happy to answer any questions about the end user experience!

We love working with you. <3

Re: Stripe Corporate Card

#45

Our company Moonlight was an early beta tester of the Stripe Corporate Card. Each person on our distributed team of five has a card, and it's made things like arranging travel or covering minor SaaS charges simple. Happy to answer any questions about the end user experience!

Thank you for being such amazing beta testers! Glad to have started with Checkout, met in the TOMS store in LA, and now on Corporate Card. :)

Re: Stripe Corporate Card

#46
As a small business owner, what I like about the Chase business cards is rewards come back in the form of points that I can easily transfer to my personal cards. It sounds like Stripe applies them towards the statement, i.e., benefit goes to the business, not to me personally.

However, the 50k free processing is very enticing as thats way higher than any other signup bonus I've seen. But again, credit goes to business, not to me. With a typical chase card, I'll get ~$1,000 worth of points (tax free) added directly to my personal points balance for simply switching a few business expenses to that new card for a couple of months.

Re: Stripe Corporate Card

#48

Our company Moonlight was an early beta tester of the Stripe Corporate Card. Each person on our distributed team of five has a card, and it's made things like arranging travel or covering minor SaaS charges simple. Happy to answer any questions about the end user experience!

Thank you for being such amazing beta testers! Glad to have started with Checkout, met in the TOMS store in LA, and now on Corporate Card. :)

I'll be at Sessions today if you want to catch up!

Re: Stripe Corporate Card

#49
post #21

Well, 2% on some things + 1% on everything else is better than I am getting with Amex now. Plus, $50k in free processing is like $1,450 in free money. Honestly, I wouldn't believe that deal, except that I have a multi-year history with stripe as our CC processor and it has been nothing but positive and as-promised. So, I submitted an application. It sounds like a great deal to me.

Ughh, almost every card for individuals with good credit is better than that [1]. Unless you mean strictly among corporate cards? [1] https://www.nerdwallet.com/best/credit-cards/cash-back

Do these cards require a personal guarantee?

Do they require personal social security number?

Can they be ordered in bulk (ie, 5-10 at a time when onboarding folks).

Not to be rude, but the corporate card market is different than the personal card market in a number of ways.

Re: Stripe Corporate Card

#50

Earlier quoted context omitted.

This is obviously horrible for merchants, but what's really gross is how regressive it is when it comes to poor people and small businesses. Unlike national chains, local outfits don't have the ability to negotiate favourable fee arrangements, so accepting CC payment puts them at another built-in disadvantage relative to well-heeled competitors. And of course, those fees end up baked into the price of everything, and…

Depending on the industry sector, cash can effectively be several times more expensive to handle than the US market interchange fees. I don’t think it’s obviously horrible for merchants.

Visa interchange fees for the higher end rewards cards top 2.5% of the transaction. That's cost that the merchant has to pass on to the consumer in the form of higher prices.

The EU caps it at 0.3%, and the banks still manage to stay in business.

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