Brex Card Review

When evaluating business cards like Brex Card, we first consider the fees and features included in the expense management systems. We also look at the rewards and other features that may be valuable to business owners.

Brex doesn’t put a cap on how many points cardholders can earn—when your business grows, so does your Brex Card. This is unlike other card programs that cut off the multipliers after hitting a certain spending limit.

You can redeem your points for:

• Statement credit
• Gift cards
• Flights and hotels booked via Brex Travel
• Cash back
• Mental health sessions with Spring Health and one year access for 15,000 points
• Cryptocurrency (minimum 1,000 points)
• Team offsites worth 25,000 points
• Executive coaching

You can also transfer points for miles with Brex’s airline partners, namely:

• Aeromexico (Club Premier and SkyTeam)
• Air France KLM (Flying Blue and SkyTeam)
• Avianca (Lifemiles and Star Alliance)
• Asia Miles (oneworld)
• Emirates (Skywards and Emirates)
• Qantas (Frequent Flyer and oneworld)
• Singapore Airlines (KrisFlyer and Star Alliance)

Brex Empower is a financial software designed to help guide business owners in improving their businesses and increasing accountability among employees.

It offers the following features:

• Instantly generate receipts
• Delegate spending among teams, vendors, and more
• Visualize your expense policy
• Reimburse employees in any location

Brex’s expense management system, which you can learn more about through our review of Brex Empower, can be accessed on PC, Apple, and Android devices. The Brex app is rated 4.9 out of 5 on App Store, and many have noted its smooth interface, nice color scheme, and functional menu. Meanwhile, it received 4.6 out of 5 on Google Play, with users having mentioned issues with attaching receipts on transactions and how the features are severely limited on the mobile app compared to the web counterpart.

• MasterRental insurance: You may be covered for physical damage and theft to a rental vehicle with your Brex Card. Learn more on how to file a claim and on the Brex website.
• Car rental discounts and upgrades: You can save on car rentals, certain flights, cruises, chauffeured cars, private jets, and vacation packages. Contact Mastercard at (855) 802-1387 for more details.
• Hotel guarantees: You can receive refunds and help resolve an issue with the hotel booked through Brex Travel. Note that certain terms and conditions will apply.

• Protection against fraudulent transactions: Brex allows you to file a dispute for fraudulent transactions through its mobile app, letting you terminate the card automatically. You’ll receive an email regarding your dispute’s status anywhere from one to two business days. Requesting a new card takes anywhere from five to seven business days.
• Software discounts: You can save money on software that can help scale your business faster:
• • Get a discount on a TurboTax solution that best fits your small business needs
  • Receive 40% off on QuickBooks Online or 50% on QuickBooks Self-Employed for 12 months, plus a 30-day free trial
  • Get Salesforce Essentials to build stronger customer relationships, costs $9.99 per user, per month, for the first year
  • Get the first four months free on a one-year Microsoft 365 subscription
  • Receive unlimited free two-day shipping and free return shipping with a complimentary ShopRunner membership ($79 value per year)
  • Gain access to Mastercard Easy Savings® program, which provides rebates on gas, car rentals, hotels, dining, business services, and more
  • Receive $5,000 in Amazon Web Services (AWS) credits depending on Activate eligibility.
  • Save up to 50% every time you ship with UPS
  • Receive 50% off on any plan with Gusto for 12 months
  • Get a 25% off 12 months on any eligible Slack paid plans
  • Save up to 25% on business insurance and receive 10,000 Brex bonus points with Vouch
  • Get 50% discount on your first-year business credit monitoring with Experian
  • Receive $10,000 credits on Freshworks suite of products

Brex Empower lets you issue the following types of cards:

• Physical cards can be requested on the Brex dashboard
• Virtual cards can be issued automatically upon account activation
• Metal cards can be issued on a limited case-by-case basis

• External bank account: Input your Brex Business Account details in your external bank’s transfer form on their platform and follow the prompts to transfer funds.
• Mobile check deposit: Checks can be deposited via the Brex app. Note that Brex can only process virtual check deposits via the app and will not accept physical checks by mail.
• Automated clearing house (ACH) debit: This can be done from the Brex dashboard, the Brex app, or a third party. Note that if you will receive funds from a third party, ensure to include the following information:
• • ABA/Routing number: 121145349
  • Account number: Your Brex Business Account number (which can be found in Account details)
  • Account type: Business checking
  • Beneficiary name: Your company name (in Account details)
  • Beneficiary address: Your company’s address (in Account details)
  • Bank name: Column NA Brex
  • Bank address: 1110 Gorgas Ave., Ste. A4-700, San Francisco, CA 94129
• Another Brex Business Account: You can instantly transfer funds from one account to another, especially if you have multiple Brex Business Accounts.

• Daily: Payment will be made directly from your Brex Business Account balance
• Monthly: Payment will be billed monthly and can be paid with your chosen account

All Brex applicants are required to have a United States employer identification number (EIN) issued by the IRS, a valid US incorporation, and a physical address. Brex also requires you to meet the eligibility requirements and not engage in any prohibited activities listed on its site. Applications sent through Brex will be reviewed within 15 business days.

You can learn more about these requirements by checking out our review of the Brex Business Account.

The standard processing time for transfers is as follows:

• Receiving payments
• • Incoming ACH: Within three to five business days
  • Incoming international ACH: Within seven to 10 business days
  • Incoming domestic wire: Within one to two business days
  • Incoming international wire: Within three to five business days
  • Check deposits: Varies depending on the size of the deposit
• Sending payments
• • Outgoing ACH: Within two to three business days
  • Outgoing checks: Printed and mailed within two business days and can arrive within seven to 10 days.
  • Outgoing domestic wires: Within one to two business days
  • Outgoing international wires: Completed by Brex within one to five business days; delivery completion will vary by country