Rho offers a corporate card program with two distinct repayment options to meet your business's needs. Your account comes with a default Daily Terms plan, and you can also apply for a Monthly Terms option for greater flexibility.
Daily Terms: Maximum Cashback
By default, Rho clients can access 1.25% cashback on their spend with next-day repayment terms. This option is ideal for businesses that prioritize maximum cashback rewards and have the cash flow to support daily repayments.
Monthly Terms: Greater Flexibility
For businesses seeking more flexibility in their cash management, Rho provides a Monthly Terms option. This plan offers:
- 1% cashback on all domestic spend
- 30-day billing cycle + 1-day repayment period
- Automatic balance repayment at the end of the cycle, with an option to repay from your Rho checking account or an external account
To qualify for the Monthly Terms corporate card program, businesses are required to maintain a minimum cash balance of $25,000.
How to Apply for Monthly Terms:
You can apply through the Rho platform:
- Navigate to the Business Settings section of the Rho platform
- Select the Credit Information tab
- Start the application process

Upon submission, Rho's dedicated department will review the application. The approved credit limit is personalized based on the business's financial health and other relevant factors.
Additional Considerations:
- As part of the application process, Rho may request read-only access to the business's primary bank accounts. This allows Rho to gather relevant information about banking activity outside of the Rho platform.
- It's important to note that all applications are subject to approval, and terms and conditions apply. Rho's team is available to assist with any questions or help in connecting external accounts for repayment purposes.
- By offering both Daily and Monthly Terms, Rho provides businesses with the flexibility to choose a repayment structure that best aligns with their cash flow needs and financial goals.
Rho Card with Monthly Terms is issued by Webster bank, N.A. Member FDIC. Accounts subject to credit approval and minimum balance requirement. Restrictions and limitations apply. For more information about Rho cashback, view the latest Rewards Terms. Offer subject to change.