Introducing the Ampla Visa Corporate Card: Custom-built for growing consumer brands

Since its inception in 2019, Ampla has been a champion of consumer brands, serving as the backbone of financial operations for the customers we serve. From our hallmark product, the Growth Line of Credit, to extended payment terms, to AP/AR solutions, Ampla has helped hundreds of companies reach their growth potential, and recently, surpassed $1.5 billion in funding deployed across the consumer brand ecosystem.

Today we’re expanding even further to meet our customers’ needs by launching the new Ampla Visa Corporate Card, a unique card custom-built for the way that brands spend and grow. We understand that there are many options when it comes to card providers, but here are a few of the features we’ve engineered that make our offering different:

‍Higher limits enabled by deeper insights

Because our customers integrate their commerce and accounting software to our platform, we have multi-faceted, detailed insight into LTV, cash flow, revenue, and spend. Using this intelligence, we’re able to offer higher limits that take into account a range of variables, so businesses can scale with reliability and speed, and without the barrier of limited cash flow. In fact, the Ampla Visa Corporate Card offers limits up to 11x the industry average, based on our internal underwriting limits and a 2020 report by Experian. 

This is particularly helpful for businesses that are highly seasonal; based on historical performance, Ampla can dynamically adjust your credit limit to accommodate increased demand; this is a feature that can’t be found from traditional corporate cards. 

1.5% cash back on all purchases*

Ampla Visa Corporate Card customers will receive a highly competitive 1.5% cash back on all purchases. Unlike other cards, there are no confusing points systems or rigid rewards and perks. Our rewards system places value on what you need most: cash, which comes in the form of a statement credit or cash at the end of each month. Combined with our industry leading 4.54% APY on deposits to a complimentary business checking account, our cash back offer helps a brand’s cash work harder for them**. 

Card controls and reporting

Monitoring and managing spend is incredibly important for growth stage brands, and with accompanying software built right into the Ampla platform, our card product gives financial operators complete visibility and control. Each card’s spend can be tracked by category, and limits and other spend controls are easily implemented through the dashboard. The Ampla Visa Corporate Card gives you both a birdseye view and a granular analysis into spend and when paired with our Ampla Insights tool, lets you compare your numbers to industry benchmarks. As our customers scale, so does the product. More spend control and tools to make running a business easier are planned.

30-day payment terms

For consumer brands, cash is king. Just like our Growth Line of Credit enables you to unlock cash flow, so too does the Ampla Visa Corporate Card. With a 30-day statement period and one day payment terms you can ease your cash crunch, especially during big inventory builds or promotion-heavy holidays. 

No personal guarantees required

Your business finances and personal finances can remain separate, which is why we don’t require a personal guarantee or credit check.  

We’re excited to give businesses another way to unlock growth through better financial tools with our our newest product. Existing Ampla customers interested in applying can sign in to their account here and navigate to “Corporate Card” to begin applying. New customers can begin their application here. 

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Ampla is a financial technology company, not a bank. Banking services provided by Blue Ridge Bank N.A. and Thread Bank; Members FDIC. Ampla® Visa Corporate Card services provided by Thread Bank. The Ampla Visa Debit Card is issued by Blue Ridge Bank N.A. and Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted. Your funds are FDIC insured up to $250,000 through Blue Ridge Bank, N.A. or Thread Bank; Members FDIC. 

‍*Annual Percentage Yield (APY) of 4.97% is effective as of July 27, 2023 with Blue Ridge Bank N.A. Annual Percentage Yield (APY) of 4.54% is effective as of September 25, 2023 with Thread Bank. This is a variable rate and may change after the account is opened. Eligibility is contingent on funding your account within the first 30 days of approval. APY accrues daily based on EOD balance, paid out on the 1st of the month. New customers will accrue the current APY until the end of their approval and then each following month. Full terms and conditions can be found here for Blue Ridge Bank N.A. and can be found here for Thread Bank. Fees could affect earnings on the account.

**Cash back rewards are issued to you five business days after the close of your statement period and may be redeemed for statement credit or cash. Full terms and conditions can be found here.