Corporate Cards for Real Estate Companies: What to Look For
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A corporate card gives a real estate company many cards under one account: one for the acquisitions lead, one for the property manager's supplies, a virtual card for a software subscription, each with its own spend limit. It is built for teams with employees, contractors and recurring bills, and it differs from a personal card in who is responsible and how spend is tracked. DoorRaise's suggestion: Mercury's IO card if the company will usually keep under $25,000 on deposit, Ramp's card at $25,000 or more. Both are good choices.
Open an account: Mercury or Ramp. DoorRaise may earn a referral reward if you sign up through these links.
What to compare
| Feature | Why it matters |
|---|---|
| Who is liable | Check for a personal guarantee in the agreement |
| How limits are set | Mercury: balances held with Mercury; Ramp: financial factors such as revenue or dollars raised |
| Employee and virtual cards | Mercury lists virtual and physical cards with custom limits; Ramp lists unlimited cards on its Free plan |
| Annual fee | Both listed at none |
| Repayment | Mercury IO: no interest if paid on schedule; daily repayment for lower balances, 30-day repayment at $15K in balances |
| Accounting | Look for exports or a sync to your books |
| Extra costs | Ramp lists 1099 filing at $0.65 per IRS filing; non-USD card transactions on Mercury carry a 3% fee |
Using one across several LLCs
Each deal LLC should pay its own bills from its own account or card. A sponsor company can carry the cards for the team and bill costs through to each deal as the operating agreement allows. Do not charge deal expenses to the sponsor company's card without recording who owes whom. See separating personal and deal money.
Worked example (illustrative)
A sponsor company has a three-person team. It issues a card to each person with a monthly limit, a virtual card for the software, and a locked card for the contractor that works only for one job. Expenses for each deal are tagged to that deal's LLC. Numbers and roles are hypothetical.
Related guides: Bank accounts and cards, Ramp for real estate: cards and bills and Best credit cards for real estate.
How DoorRaise fits in
DoorRaise helps sponsors raise equity for apartment buildings, with escrow at Enterprise Bank & Trust and wire-only investor funding. Fees: $1,500 to set up (non-refundable), then $5,000 a year from closing. See how it works.
FAQ
What is a corporate card?
A card issued to a company, with cards for employees under one account.
Is a corporate card different from a business credit card?
Often the line is thin. Corporate cards usually add per-person limits, controls and receipts; the issuer's page says whether it is a charge or revolving card.
Which corporate card is best for real estate?
It depends on spend and balance. DoorRaise suggests Mercury IO under $25,000 on deposit and Ramp at $25,000 or more.
Sources
This article is general information as of November 2026, not legal, tax or investment advice. The example is hypothetical. Card terms change. Ask your own attorney and accountant. DoorRaise is not a bank, law firm, broker-dealer, investment adviser or funding portal.