Side by side
Fidelity Investments vs Ramp
Fidelity Investments
48 positive (83%) · 4 mixed (7%) · 6 negative (10%)
Trust + time weighted: +73%
AI summary — not a quote
Fidelity Investments is highly regarded as a reputable, low-cost financial institution suitable for both beginners and experienced investors. Reddit users frequently recommend it for its zero-fee funds, competitive interest rates on uninvested cash, and efficient ATM fee reimbursement for travelers. While its customer service is generally viewed as helpful, some users find the digital interface outdated and have noted occasional administrative fees for specific account types.
Pros
- Offers zero-fee index funds and no minimums on brokerage accounts
- Competitive interest rates (approx. 3.6%) on uninvested cash sweeps
- ATM fee refunds are typically processed within 1-2 days
- 2% cashback Visa credit card with no foreign transaction fees
Cons
- User interface is frequently described as dated or looking like it is 'from the 90s'
- Reports of specific record-keeping fees (ranging from $28 to $600/year) depending on account type
- Rigid policies regarding custodial accounts and age of majority can cause friction
Top excerpts
I use Fidelity (awesome, by the way, 0 fees)
Open a brokerage account with a reputable firm (Schwab, Fidelity, or Vanguard) and invest in broad market low cost index funds
Fidelity: Debit Card and 2% Cashback Visa Credit with no FTF, but their interface looks like it's from the 90s
For people that happen to be from the US, Fidelity is worth considering too. Same features as Schwab, but they refund the ATM fees within a day or two instead of at the end of the month, and they pay more interest.
I would recommend a large financial institution like Fidelity or Vanguard, they will provide a financial advisor.
Ramp
28 positive (90%) · 2 mixed (6%) · 1 negative (3%)
Trust + time weighted: +88%
AI summary — not a quote
Ramp is highly regarded as a corporate expense management platform and charge card, particularly favored by startups and growing businesses for its automation capabilities. Users consistently praise its 1.5% flat cashback and its ability to streamline accounting through automatic receipt matching and expense categorization. While it excels at managing SaaS subscriptions and issuing virtual cards with granular limits, the approval process can be stringent for companies without strong financials.
Pros
- Flat 1.5% cashback on all transactions.
- Automated expense categorization and receipt matching that syncs with accounting software.
- Ability to issue unlimited virtual cards with specific vendor or dollar limits.
- Effortless management of recurring SaaS subscriptions and contractor payments.
Cons
- Approval process can be difficult for businesses without perfect financials.
- Rewards structure may be less competitive for specific high-spend categories like advertising and inventory compared to other cards.
Top excerpts
Also Ramp is decent but their approval process can be a pain if you don't have perfect financials
been using Ramp for about 8 months now and their bulk card setup is pretty smooth. Created like 40 cards in my first week and no flags or weird holds
Someone suggesting Ramp (like me for example who uses it in a day to day basis) is normal since it's literally what folks are asking about.
I've been using Ramp, it's alright for keeping things more organized than excel.
We switched to Ramp in August and it's been 100% worth it You're gonna get 1.5% cashback on every transaction and you can issue virtual cards to pretty much everyone with limits ($ limits/vendor limits or both). One of the best features is the auto categorization