On boarding process is terrible If you’re looking for a bank for your 21st century tech start up, don’t bother with Rho online banking. It took them 3 weeks to reject my application with no explanation and without even calling to have a conversation with me about my new business. This was after I had provided all of the info they had requested, including a picture of my passport and the organisational documents issued by my Secretary of State. So they have all of my personal and business information, and I bet they will sell it. I’ll be looking for a bank that is actually on the cutting-edge instead of pretending to be. I’d avoid them if I were you.

Having tried a few different banking… Having tried a few different banking providers, I have found Rho to be best-in-class not just on feature functionality but also on customer servicing. Onboarding was super fast and the team was there for us every step of the way. Love the treasury feature as well!

Wonderful Our company has continued to have an exceptional experience with Rho. The customer service, response times and deep knowledge of our Rho team is fantastic. We are thrilled to be partnering with Rho.

Rewards rate subject to change Update: Rho has offered a way to retain the rewards rate in exchange for some concessions from us in terms of minimum spend and using their other services. I appreciate the way their customer service team has worked with us. Original review: We signed up for Rho based on the terms they advertised: 1.5% cash back on credit cards, flexible credit limits, no personal guarantee, and expense management. Now two years later we received notice (via a standardized email) that our rewards rate is being dropped to 1% (despite 6-figure monthly spending and on-time payments). According to their team, there appears to be no way to retain the rewards rate without making other concessions (minimum spend, starting to bank with them as well). I would recommend finding other options. Other business owners seem to be happy with Ramp and Expensify for credit cards and expense management.

Great for my business, in more ways than one… Rho is great for my business in many ways!