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Note: Brex has announced is moving away from providing services to small businesses and focusing on startups and scaled companies. Some Brex accounts have been closed as of August 15, 2022 if you no longer qualify to be a Brex customer.

The Brex Cash Account is a cash management account, meaning you have access to more features than you would with a typical checking account.

You can deposit money into the Brex Cash Account and send money to other accounts. But there isn't a debit card attached to this account — instead, Brex provides you with a credit card. You'll earn cash back on all purchases with the credit card, plus discounts at certain retailers. The account also includes business expense management tools, such as a tool for finding you ways to save money on business purchases.

If you prefer a more traditional business checking account, Brex probably isn't for you. But you may like it for its rewards credit card and management tools.

Brex Cash Account

Fees

no monthly service fee

Annual Percentage Yield (APY)

None

Minimum Deposit Amount

None

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No minimum opening deposit
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No monthly service fees
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Unlimited monthly transactions
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Money management tools
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Earn credit card rewards and exchange them for gift cards, cash back, travel, or switch points to miles
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Receive discounts with partner businesses
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No foreign transaction fees
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No incoming, outgoing, domestic, or international wire transfer fees

• con icon Two crossed lines that form an 'X'. No physical branches
• con icon Two crossed lines that form an 'X'. No debit card, only credit card
• con icon Two crossed lines that form an 'X'. No way to deposit cash
• con icon Two crossed lines that form an 'X'. Only available for incorporated businesses

• 50,000 signup bonus points after spending $9,000+ in the first 30 days
• Brex's business account is called Brex Cash. It's a cash management account that works much like a business bank account for secure deposits, payments, tracking, and built-in expense management to understand your spending. It also comes with a credit card that's automatically paid daily, like a debit card, except that it builds your business credit and gives you reward points on every purchase: 8x on rideshare, 5x on Brex Travel, 4x on restaurants/food delivery, 3x on Apple products, 3x on recurring software, and 1x on everything else
• No fees to send unlimited ACH, wires, and checks-even internationally
• The Brex Cash account and card are for all business types
• Brex Mastercard® issued by Emigrant Bank, Member FDIC. Brex Cash provided by Brex Treasury LLC, member FINRA and SIPC. Brex Treasury is not a bank; Brex Cash is not a bank account. Testimonials may not represent experiences of all clients. Terms apply, visit brex.com.

How Brex works

Brex is an online financial services company that provides a cash management account and a credit card. When you deposit money into the Brex Cash Account, you may select that the money go into a Brex program account, which is FDIC insured through one of Brex's partner banks for up to $250,000. Or you might decide to invest the money in a government money market mutual fund — or you can choose a combination of cash and investments.

You'll make all payments with a Brex credit card, not a debit card. But when you set up a cash account, the money in your account automatically pays off your credit card daily, which makes it act similarly to a debit card. You'll earn competitive cash-back rewards by paying off your credit card daily, as well as build your business' credit.

The Brex mobile app has 3.7 out of 5 stars in the Apple store, and 3.2 out of 5 stars in the Google Play store.

To contact customer support before opening an account, fill out an online form and wait for a response. You can chat with a live representative once you have an account, from 5:00 a.m. to 8:00 p.m. PT, seven days per week.

Is Brex trustworthy?

Brex does not have any public controversies.

The Better Business Bureau gives Brex an A+ rating. A strong BBB grade indicates that a company responds effectively to customer complaints, advertises honestly, and is transparent about business practices.

A great BBB score doesn't guarantee that you'll have a smooth relationship with a business, though. You may still want to read online customer reviews, or ask fellow business owners about their experiences with Brex.

How Brex compares

We've compared Brex to two other online business banking platforms: BlueVine and Axos Bank.

Axos Bank has business checking, savings, money market, and CD accounts, so you may like it if you want a more traditional banking experience. But its free business checking account only allows 200 free transactions each month. If you make more monthly transactions, you might want to go with Brex or BlueVine.

You may prefer BlueVine if you want a more traditional checking account with a debit card. BlueVine also pays a high interest rate on all balances under $100,000.

Brex could be the better fit if you want to earn cash-back rewards and build your company's credit score.

Personal Finance Reviews Editor

Compliance Associate

Evelyn He is a compliance associate at Business Insider who supports the Personal Finance Insider team. Personal Finance Insider is Business Insider's personal finance section that incorporates affiliate and commerce partnerships into the news, insights, and advice about money that Business Insider readers already know and love.The compliance team's mission is to provide readers with stories that are fact-checked and current, so they can make informed financial decisions. The team also works to minimize risk for partners by making sure language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team.Before joining Business Insider, she served in various legal and compliance roles in different industries, including the legal and pharmaceutical industries.   Evelyn obtained her M.S. degree in Marketing at Boston University in 2022. Prior to combining and consolidating her knowledge of law and business, she spent one year finishing 1L courses at Suffolk University Law School to further her legal knowledge. She has also completed MBA business law courses while working on her Bachelor of Business Administration in Management at the University of Massachusetts, Amherst. Outside of work, she enjoys spending time with her 14-year-old Shih Tzu named Money, and her 5-year-old Bichon named Tibber.

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