Rho Platinum: Up to 2% cashback, zero SaaS fees

Starting today, businesses can unlock industry-leading cashback alongside millions in exclusive perks.
Author
Everett Cook
Updated
January 29, 2025
Read time
7

Spending made smarter

Eliminate annoying banking fees, earn yield on your cash, and operate more efficiently with Rho.

Today, we’re excited to unveil Rho Platinum, a premium offering for businesses that use Rho as their core banking and corporate card provider.

With Rho Platinum, qualifying customers get access to:

  • Up to 2% cashback1
  • Access to over $1M in startup perks including Perplexity Enterprise Pro, Google Cloud and AWS credits, and more
  • Invites to exclusive Rho founders and finance team events

Now, you can start earning even more cashback on client dinners, LLM spend, and other operational expenses when you use Rho Corporate Cards

How to qualify

Rho Platinum is an exclusive offering for customers who use Rho as the core platform for their day-to-day operational banking and corporate card spending. 

To access Rho Platinum, just follow these easy steps: 

  1. Set up Rho as the central bank account used for processing payroll payments.
  2. Ensure business revenue flows through your Rho Checking account.  
  3. Deposit and retain at least 50% of your company’s assets in Rho.
  4. Open a Rho Corporate Card account.

Once these steps are complete and verified by your Rho support specialist, you will unlock up to 2% cashback1 on your spending, up to $1M per year. 

Rho vs the rest

Rho stands apart by offering one of the most comprehensive cash and spend management platforms in the market, backed by award-winning support your business deserves. 

Every Rho customer receives full platform access from day one, including advanced financial features and dedicated support. As your business grows, your access to essential tools and premium service grows with you—all with zero SaaS fees.

We believe in transparent pricing and putting our customers first. That's why we've built a platform that scales with your success without impacting your bottom line.

Today's launch of Rho Platinum reinforces our dedication to delivering even more value to the thousands of businesses that trust us. Currently using another provider?

We invite you to experience the Rho difference firsthand.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

The Rho Corporate Cards are issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard, subject to approval.

1Up to 2% cashback; terms and conditions apply. See eligibility and complete Rho Cashback Rewards Program terms and conditions here.

Everett Cook
January 29, 2025
Everett Cook is the co-founder and CEO of Rho. With over a decade of experience in finance and investment management, Everett is an expert in financial structuring, macroeconomics, and fintech regulations. Before founding Rho, Everett was a macro hedge fund analyst and portfolio manager at institutions including Deutsche Bank and Point72 and led research efforts at two $1 billion+ funds. Everett worked under leaders like Steve Cohen and Mayor Michael Bloomberg early in his career.

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Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard.
Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.
             
This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.
                  
Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.
*This reflects the gross yield based on 90-day Treasury Bill rates as of [DATE]. The advertised yield does not include the annual fee, which ranges from 0.15% for deposits of $20M or more to 0.6% (the maximum annual fee) for deposits under $2M. Individual results may vary depending on the actual investment date and investment products selected. Past performance is not a guarantee of future performance results. The yield is variable and fluctuates without prior notice. The rate shown is before fees. Fees and costs may reduce the actual returns received. The amount of Treasury Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield.
© 2019-2025 Under Technologies, Inc. DBA Rho Technologies. Rho is a trademark of Under Technologies, Inc.

Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.