Pex vs Ramp (2026): which should you pick?

Pick Pex if

• Fits if you hand out a few prepaid cards and spend over $1,000 a month
• Works for nonprofits, which have their own pricing

Look elsewhere if

• Tight if you spend under $1,000 a month on Base, as it costs $25
• Watch out: every account pays a 3% fee on each international transaction
• Watch out: a $50 dormancy fee applies after 90 days with no spending on an active card
• Pricey if you need the API, as it costs $5,000
• Skip it if you want credit-card rewards on everything, as the rebate is 0.5%, or 1% at $10,000 or more a month

Pick Ramp if

• Fits if you want cards, receipts and bill pay in one place without a subscription
• Works for US companies that book travel and want it tied to card spend

Look elsewhere if

• Not for you if your company can't get credit approval for the card
• Skip it if you need purchase orders without paying for an add-on
• Tight if you'll outgrow Free soon, as Plus has a platform fee on top of $15 a user that isn't published
• Watch out: Workday and Oracle Fusion sync need Enterprise, which is quoted and billed yearly
• Watch out: 1099s cost $0.65 per IRS form, and cards are issued only in the US, Canada, the UK and the EEA

Pex

• Every account pays a 3% International Service Assessment Fee on each international transaction.
• Prepaid cards are funded in advance, and a $50 dormancy fee applies after 90 days with no spending on an active card.
• API access costs a $5,000 fee, and expedited card shipping costs $55 to $70 per shipment.
• Cards are issued by Fifth Third Bank or The Bancorp Bank, per the footer; the rebate is 1% for monthly spend of $10,000 or more, otherwise 0.5%.

Ramp

• Plus adds a platform fee based on team size that the pricing page does not state; Enterprise is quoted and billed yearly.
• Ramp says it is not a bank: checking deposits are held at First Internet Bank of Indiana, and its corporate card is issued by Celtic Bank and needs credit approval.
• Purchase orders and three-way matching come as an add-on to Plus or Enterprise; Workday and Oracle Fusion sync need Enterprise.
• Cards are issued in the US, Canada, the UK and the EEA. Filing 1099s costs $0.65 per IRS form, with state filing free.

Pex

Prepaid and credit cards

Visa prepaid cards funded in advance, a credit charge card, and virtual cards, each with spend rules per card or group.

Receipt management

Cardholders submit receipts, notes and tags from the mobile app, and AI matches receipts to transactions.

Funding and approvals

Bulk card ordering, automated funding rules and in-app approval of card funding and purchase requests.

Reimbursements and bill pay

Pay out-of-pocket claims and mileage, and pay bills, by ACH at $1 per payment beyond the free allowance.

Accounting integrations

The site lists 50+ no-cost integrations covering accounting, ERP and expense software, including QuickBooks Online.

Nonprofit pricing

Nonprofits see a separate price table, with lower Core and Pro fees and cheaper additional cards.

Ramp

Corporate cards

Unlimited physical and virtual Visa cards with spending controls. On Plus, cards lock themselves when receipts or other policy steps are missing.

Expenses and reimbursements

Employees complete expenses by text message or Slack, receipts are matched automatically, and out-of-pocket costs are reimbursed in batches.

Travel booking

Book flights, hotels and rental cars under a custom travel policy, with 24/7 phone support for bookings on Plus.

Bill pay

Invoices are read by OCR, routed through approvals and fraud checks, and paid by ACH, card, check or wire, with free same-day ACH and wires.

Invoicing

Create invoices, follow up with customers automatically and accept payment by ACH, card or check.

Accounting automation

QuickBooks Online and Xero sync on every plan. Plus adds NetSuite and Sage Intacct, AI coding for every field and automatic sync of routine spend.

Pex

• Prepaid Base$0

  per month, plus $25 in months under $1,000 spent

  Up to 5 free card accounts, then $8 each; $1 per ACH reimbursement.

• Prepaid Core$75

  per month

  Up to 20 free card accounts, then $4 each; 20 free ACH reimbursements, then $1. Fee waived in months over $50,000 spent.

• Prepaid Pro$200

  per month

  Up to 100 free card accounts, then $2 each; 100 free ACH reimbursements, then $1. Fee waived in months over $50,000 spent.

• Credit Expense$0

  Corporate charge card with no setup or subscription fees and $0 per card; up to 1% back on eligible purchases, with terms.

• Disburse$399.95

  one-time set-up fee

  For paying advocates, grantees or rewarding staff: 50 cards free, then $5 each. Custom card designs cost $5,000 extra.

Ramp

• Free$0

  Unlimited cards with controls, receipt matching, travel booking, bill pay by ACH, card, check or wire, invoicing, and QuickBooks Online or Xero sync.

• Plus$15

  per user / month, plus a platform fee based on team size

  20% off with yearly billing; the platform fee is not shown. Adds AI expense reviews, coded bill lines, batch payments, NetSuite and multi-entity support.

• EnterpriseCustom

  Billed annually. Adds Workday and Oracle Fusion integrations and full customization.

Pex

• Nonprofit

  Nonprofit pricing on Core and Pro

  Nonprofits pay $30 a month for Core and $80 for Pro, with extra cards at $1.60 and $0.80, per the pricing page.

Ramp

• Annual discount

  Save 20% on Plus with yearly billing

  Ramp says Plus costs 20% less when billed annually than the $15 per user a month shown.