The Brex Card is a no-annual-fee credit line aimed at startups, mid-sized companies and corporate business owners. It makes the most sense for business owners who use the Brex platform. Cardholders earn seven points per dollar on ride-hailing services, four points per dollar on flights and hotels booked through the Brex travel portal, three points per dollar at restaurants, two points per dollar on eligible recurring software subscriptions, and one point per dollar on all other purchases. The Brex Card works differently than other business cards in that you may start off with a daily statement account, with payments automatically withdrawn from your bank account every day. Over time, you may be switched to monthly payments. There is no interest, but you can’t carry a balance.
- Issuer NameBrex
- Credit NeededNo Credit Check
- Annual Fee$0
- Regular APR0.00%
- Balance Transfer FeeSee Terms
- Are using other Brex business services.
- Want to use Brex Card to manage and set limits on employee spending.
- Are OK with daily payments to start.
The Brex Card is a charge card, so payment is due in full, either daily or monthly, depending on your account. Also, the limit on your Brex Card will update in relation to your cash balances. To get the most out of the card, take advantage of the expense management tools and employee spending controls.
Editor’s Take
The Brex Card can make sense if you’re unable to get approved for other cards, but there are better options for improving your credit history. If you’re struggling with bad credit, you should look for a card you can responsibly use long term with low costs – ideally, with no annual fee.
Opening a credit card and keeping it open indefinitely with on-time payment history is a great way to improve your credit score. But with an annual fee and no appeal beyond fairly easy approval, the Brex Card is not a card you should plan to keep open for years.
While you might hesitate to take on a secured credit card with a security deposit, a security deposit is refundable, while an annual fee is not. If you’re struggling to get approved for an unsecured credit card with no annual fee, it could make sense to look for a no-annual-fee secured credit card such as the Capital One Platinum Secured Credit Card. (See Rates & Fees)
Jessica MerrittContributor
The Brex Card does not have a welcome offer.
Use the Brex Card to earn generous bonus rewards across several categories: seven points per dollar on ride-hailing services, four points per dollar on flights and hotels booked through the Brex travel portal, three points per dollar at restaurants, two points per dollar on eligible recurring software subscriptions, and one point per dollar on all other purchases.
Brex points do not expire and can be redeemed in a variety of ways, including gift cards, travel, cryptocurrency, statement credit, cash back, mental health benefits, executive coaching and transfers to travel partners. Redemption rates vary depending on how you redeem your points.
The information for the Capital One® Spark® Cash Select for Business has been collected independently by U.S. News and the card is not currently available on the site. The information has not been reviewed or provided by the card issuer and it is accurate as of the date posted.
U.S. News rates credit cards by analyzing factors including fees, interest rates and benefits, each weighed against their importance to determine an overall score for each credit card. Consumers can rely on these ratings to provide objective, accurate assessments of credit card choices.
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