Why Finance teams choose Float over RBC
Float vs. RBC
RBC is a legacy cards solution with no software to help you manage your expenses. Float is an all-in-one cards and software platform that helps save 7% of your spend.
Instantly create unlimited Virtual & Physical cards
First-class modern software to track expenses
Close books 8x faster
Trusted by 1,000s of leading Canadian companies.†
Instantly create and manage cards.
Float provides unlimited* Physical and Virtual corporate cards with no monthly user or card fees. Virtual cards are perfect for digital one-time payments or recurring expenses.
- Issue cards to anyone on your team and set custom limits for each employee to avoid overspending
- Benefit from high acceptance rates worldwide with Visa and Mastercard cards
- No personal guarantees required
Compare Float to your RBC Card
Why Crawford Technologies switched to Float.
“48 hours after signing up, our account was fully active. You don’t get that with the Canadian banks.”
Darcie Vany
CFO
Enable team spending without losing control.
Float is a smart corporate card backed by intelligent spend management software. The software provides a real-time overview of individual, department, and category spend so you can scale with insight.
No more Past Due late fees or last-minute-declined-payments because of lack of visibility on your corporate cards.
Save 7% on your Spend with Float
With Float businesses can earn 1% cashback on card spend, 4% interest on funds held in Float, and close the books up to 8x faster.
Close the books 5x faster at month end.
Eliminate expense reports with powerful software that automatically collects and matches receipts.
Float captures transactions, automatically codes & categorizes & exports transactions directly into your accounting platform.
Integrates with
As seen in
Compare Float to your RBC Card
Float vs. RBC Avion Visa Infinite Business
RBC Avion Visa Infinite Business card might be advertised as a card for frequent travelers. However, it has expensive annual and FX fees, lacks software to manage team spending, and is limited in non-travel rewards.
Float offers higher net rewards across all categories and comes with smart software to manage all company spending.
| Float | RBC Avion Visa Infinite Business | |
|---|---|---|
| Annual fees | $0 First 20 physical cards are Free | $175 annual card fee $79 for additional cards, max 9 cards |
| Rewards | Uncapped 1% cashback on all categories of spend after the first $25K. | 1.25 points per $1 on all purchases. Capped out at $75k per year. When applied to statement credit 1 point is equivalent $0.58 (0.58% cashback) |
| Software platform | Free expense management and receipt capture platform with seamless accounting sync Easy to manage Virtual and Physical cards with spend controls | Limited web-portal with PDF statement exports |
| FX Fees | 0% FX fees on USD spend with Float’s USD cards 1.5% FX on other currencies | 3% FX fees on all non-CAD spend including USD |
| Restrictions to apply | No restrictions, apply in 5 mins | Personal Annual Income: $60,000; Or Household Annual Income: $100,000; Or Annual Sales Revenue: >$500,000 2-4 weeks to get approved |
| Customer Support | <1-min average response time Support over chat or email | Slow support over phone or in-person branch |
Float vs. RBC Avion Visa Business
RBC Avion Visa Business card claims to have premium rewards and strong insurance. However, the points can be redeemed at higher than 1% rate only on Travel expenses. In addition, this card has high annual and FX fees and lacks software to manage team spending and close the books.
Float offers higher net rewards across all categories and comes with smart software to manage all company spending.
| Float | RBC Avion Visa Infinite Business | |
|---|---|---|
| Annual fees | $0 First 20 physical cards are Free | $120 annual card fee $50 for additional cards |
| Rewards | Uncapped 1% cashback on all categories of spend after the first $25K. | 1 point per $1 on all purchases. When applied to statement credit 1 point is equivalent $0.58 (0.58% cashback) |
| Software Platform | Free expense management and receipt capture platform with seamless accounting sync Easy to manage Virtual and Physical cards with spend controls | Limited web-portal with PDF statement export |
| FX Fees | 0% FX fees on USD spend with Float’s USD cards 1.5% FX on other currencies | 3% FX fees on all non-CAD spend including USD |
| Restrictions to apply | No restrictions, apply in 5 mins | No restrictions, 2-4 weeks to get approved |
| Customer Support | <1-min average response time Support over chat or email | Slow support over phone or in-person branch |
Float vs. RBC Commercial Cash Back Visa
RBC Commercial Cash Back Visa card claims to optimize for net cashback for the business, but in reality only offers 0.5% cashback. In addition, this card has high high annual and FX fees and lacks software to manage team spending and help you to close the books at the month-end.
Float offers higher net rewards across all categories and comes with smart software to manage all company spending.
| Float | RBC Commercial Cash Back Visa | |
|---|---|---|
| Annual fees | $0 First 20 physical cards are Free | $60 annual card fee $60 for additional cards |
| Rewards | Uncapped 1% cashback on all categories of spend after the first $25K | Uncapped 0.5% cashback |
| Software platform | Free expense management and receipt capture platform with seamless accounting sync Easy to manage Virtual and Physical cards with spend controls | Limited web-portal with PDF statement export |
| FX Fees | 0% FX fees on USD spend with Float’s USD cards 1.5% FX on other currencies | 3% FX fees on all non-CAD spend including USD |
| Restrictions to apply | No restrictions, apply in 5 mins | Annual revenue must be >$3 million 2-4 weeks to get approved |
| Customer Support | <1-min average response time Support over chat or email | Slow support over phone or in-person branch |
Sign up in 5 minutes.
No setup costs or contracts – apply for your Float card in minutes.
