Ramp Launches Transferrable Rewards
🔃 Update: Ramp now has a welcome bonus of $1,000 statement credit once you’ve spent $1,000 and made your first balance payment within 90 days of account opening. This offer is available through affiliate links only. Here’s one example (I have no affiliation with this company), but you can google and find other as well. You must be a corporation, limited liability company, or limited partnership. (HT: DoC)
Ramp is a spend management platform that offers a charge card that earns 1.5X on all purchases. It is similar to Brex. The Ramp Card and expense management software is free to use, which makes it valuable for businesses who want a platform to manage their expenses.
Until today you could use cash back towards a statement credit on your Ramp Card. Now they have also added 10 transfer partners. While there are some popular hotel and airline programs includes, the transfer ratio is only 1.5 to 1. That means that for every 150 Ramp points that you transfer, you will receive 100 points in partner programs.
List of Transfer Partners
- Marriott Bonvoy 1.5 : 1
- Wyndham Rewards 1.5 : 1
- British Airways Executive Club 1.5 : 1
- KLM/AF Flying Blue 1.5 : 1
- Qatar Avios 1.5 : 1
- Aeromexico Rewards 1.5 : 1
- Avianca Lifemiles 1.5 : 1
- Etihad Guest 1.5 : 1
- Quantas FF 1.5 : 1
- TAP Air Portugal 1.5 : 1
Signing Up
Ramp doesn’t have a signup bonus. However, you can earn a bonus of $250 or 25,000 Ramp Points when you sign up through a referral link. The bonus has a $1,000 spend requirement.
I do not have a referral link, but you’re welcome to share your in the comments below.
HT: Award Travel
