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Stripe Corporate Card

stripe.com

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Re: Stripe Corporate Card

#121

Post by no_wizard »

pc wrote: post #107
brettcvz wrote: post #22

It’s impressive to see the velocity of new products that Stripe is putting out. I’d be really interested to see a blog post or similar on how they decide which initiatives to invest in, how they structure those teams and set milestones, etc

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Any tips on landing a callback from your hiring team then? :)

I have years of experience with “big data” but I’ve always thought payments would be a good, similar vertical that would be far more interesting

Re: Stripe Corporate Card

#122

Post by 15155 »

gzer0 wrote: post #57
jbverschoor wrote: post #15

Earlier quoted context omitted.

Let’s say you have an issue because stripe suddenly you’re business is fraudulent (read: you got great coverage on HN and suddenly have 1000 extra customers) Stripe flags you and blocks your account. Done. Now your income and money to spend depends on their customer service. Many people have had the same with PayPal, and some with regular banks. So yes, take the card, but also take 5 other cards.

Stripe has been receiving a suspicious amount of praise from HN. Really beginning to wonder if this is all organic at this point. Obviously lots of employees in the comments which they are not hiding that fact. But still makes me want to dig deeper than the surface (as everyone should).

Depending on how old you are: Stripe occupies a market segment that was previously _extremely_ difficult to access.

Authorize.net, merchant acquiring banks, etc. - all of this was _horrible_ for a small, fledgling company.

Re: Stripe Corporate Card

#123

Post by jasonsync »

ttcbj wrote: 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.

As long as they don't renege later. Every single cash back card I have jumped on board with started with 2% ... changed the terms a year in to 1% ... then went down to 0.5% even later. And increased fees later as well. Maybe just bad luck on my part.

For example: https://www.reddit.com/r/PersonalFinanceCanada/comments/6164...

Re: Stripe Corporate Card

#124

Post by ruffrey »

herostratus101 wrote: post #120

Wait, let me get this straight. You get $5000 of AWS Credits that don't expire and don't require any minimum level of spending by signing up for this card?

Can anyone from Stripe confirm how the AWS Credits will work? If it's good, this seems like a no-brainer for most SaaS startups.

Re: Stripe Corporate Card

#125

Post by rolltiide »

Oh nice a competitor to Brex!

Brex is also only charge cards so you have to pay them off every 30 days or in other boutique arrangements where the default is not carrying a balance.

Re: Stripe Corporate Card

#126

Post by mars4rp »

ianhawes wrote: post #99
jdlyga wrote: post #33

Earlier quoted context omitted.

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.

The Uber Visa card also includes up to $50 in credits for popular recurring services, including Netflix, Hulu, Apple Music, Sirius, and others.

Up to a $50 statement credit for online subscription services after you spend $5,000 on your card per year

Re: Stripe Corporate Card

#127

Post by tempsy »

myalphabet wrote: post #66
privateSFacct wrote: post #49

Earlier quoted context omitted.

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.

Wait, how do these cards work, then? The corporate cards I've used (eg AmEx Corporate) did indeed require a personal guarantee and a personal social security number from each individual who had an account.

American Express has both "Business" and "Corporate Business Cards."

The "Business" ones require a personal guarantee. For some color, I've signed up for multiple Amex Business cards in the past as a "sole proprietor" even though I was really just churning the cards for the rewards. You just input your SSN for the EIN.

The Corporate Amex cards don't require a personal guarantee.

Re: Stripe Corporate Card

#128

Post by jchook »

bogdanu wrote: post #116
pc wrote: post #107

Earlier quoted context omitted.

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Do you know what's annoying to me? Seeing how awesome products you have but can't use them because I live in Romania. Come on... :D I know there's Atlas, but for a bootstrapper I can't afford it (especially when I don't know anything about legal stuff).

I wonder if e-residency in Estonia would help you

Re: Stripe Corporate Card

#129

Post by [deleted] »

koolba wrote: post #78
icebraining wrote: post #69

Earlier quoted context omitted.

I never had a corporate CC, so I'm curious: do those rewards count as personal income for tax purposes?

Credit card rewards do not get a 1099 as they’re a rebate/discount on spent monies. Banking sign up bonuses usually do as they’re classified as interest.

[deleted]

Re: Stripe Corporate Card

#130

Post by tempsy »

no_wizard wrote: post #121
pc wrote: post #107

Earlier quoted context omitted.

[Stripe cofounder] Thanks! We're always paranoid that we're too slow, for whatever it's worth. We're still iterating on the supporting models and frameworks. We think a lot about pace layering -- how do we have teams that think on multi-year horizons (infrastructure, security, etc.) alongside teams that are rapidly iterating at much earlier stages of development. I think a lot goes wrong when organizations insist on…

Any tips on landing a callback from your hiring team then? :) I have years of experience with “big data” but I’ve always thought payments would be a good, similar vertical that would be far more interesting

Pro-tip: trying to get through the "front door" is usually a waste of time. Try to find a recruiter on LinkedIn (sometimes their profile is actually linked to a job listing) and contact them directly through a message.
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