In addition to credit cards, RMO Financial offers business charge cards that operate on a pay-in-full model, meaning the balance must be paid in full each billing cycle.
BizCharge Core — A no-annual-fee charge card for businesses that want the discipline of paying in full each month. Includes basic expense tracking and employee card options.
BizCharge Rewards — Earn 1.5x points on all purchases. Includes enhanced expense management tools and receipt-matching features in MyRMO.
BizCharge Travel — Earn 3x points on travel and 2x on dining. Includes travel insurance, no foreign transaction fees, and airport lounge access. Annual fee applies.
BizCharge Executive — Our top-tier charge card with 4x points on travel and dining, comprehensive purchase and travel protections, concierge service, and a dedicated account Expert. Annual fee applies.
How Charge Cards Differ from Credit Cards:
- No preset spending limit: Your purchasing power adjusts based on your payment history, credit profile, and business spending patterns.
- Pay in full: The entire balance is due each billing cycle. There is no revolving interest because balances are not carried forward.
- No interest charges: Since you pay in full, there is no APR. However, late payment fees apply if the balance is not paid on time.
To apply for a business charge card, log in to MyRMO or schedule an appointment through MyRMO or by calling us.