Brex Credit Card is uniquely designed for business owners that want to earn rewards for their business expenses. There are two types of Brex cards you can apply for if you want to build your business credit. The limits on this card are also high. Want to learn more about this card? Read on!
Most times, it’s difficult to get the perfect credit card to meet the demands and expenses of your small business. This is because most card issuers use the credit profile and score of applicants to determine their eligibility. But this is not so with Brex.
When you are thinking about getting the best rewards credit card for small businesses, you should consider getting a Brex card. These credit cards are designed to help businesses improve their spending power and grow faster.
Brex Credit Card Reviews
As earlier discussed, the Brex card is for business owners looking forward to building their business credit. The first credit card issued by Brex is paid off daily while the second credit card is paid off monthly.
With the Daily Brex card, you can build your credit history and earn rewards as you make purchases. The Monthly card has a higher limit compared to the daily Brex card. The card does not allow cardholders to carry over their balance.
If you carry over a balance, it will be automatically debited from your business bank account. This card is also a charge card meaning no interest is charged for using the card.
Brex Credit Card Benefits
Are you still skeptical about applying for the Brex Business Credit Card? If yes, you should go through the card benefits below:
- No annual fee.
- No interest charged.
- High rewards rate.
- Personal guarantee. This separates your business and personal spending.
- Fraud Liability. This means that card users will not be held responsible for unauthorized purchases made with the card.
- No foreign transaction fees.
These are some of the benefits of being a Brex card holder. Cardholders also enjoy quality customer service and they can get the card for their employees with custom limits.
Brex Credit Card Requirements
Although the Brex credit card is designed for business owners, only applicants who meet the requirements can get it. The requirements needed to get this card depends on the type of card you are applying for. However, the general requirements needed to get the Brex Corporate Card are stated below:
- Your company must be incorporated in the USA.
- A USA Employer Identification Number (EIN) is also needed for the application.
- In addition to this, your company must provide or have plans to provide services and products to USA customers.
- Applicants must also show proof that they have employed or are going to employ US citizens.
- If you are applying for a Brex daily card, you need to open a cash account with the company.
The above are the requirements needed to get the Brex card. During the application process, your company’s size, source of income, and spending pattern will also be reviewed. You also need to meet more requirements to get qualified for the monthly payments. You can learn more about this at www.brex.com/support/how-can-i-qualify-for-monthly-payments/
Brex Credit Card Application
The Brex card comes with a Brex cash account. Simply put, opening a Brex account means you are also applying for the card. You can get the daily paid card when you with no minimum balance.
To qualify for the monthly credit card account, your company must meet the standard size and revenue. The monthly payment card is more difficult to apply for because you must show proof that you will be able to pay your bills in full when due.
Brex Credit Card Sign Up
Do you want to apply for a Brex Credit card? If your answer is yes, you need to open a Brex cash account. When you open an account, you will be sent the card in the mail. When you earn rewards for using your card, you can deposit them into your Brex cash account. Want to learn how to open an account? Read on to learn how.
How to Sign Up for Brex Credit Card Account
To sign up for an account, follow the steps below:
- Visit the Bex Credit card page with the URL brex.com/product/credit-card/
- Click on the “Open an account” at the top right corner of the page.
- On the opened page, fill out your “Name” and “Company Name”.
- Also provide your “Work email”, and create a password for your account.
- If you have a referral code, enter it in the required field.
- Go through the card terms and details on the page and click on “Continue”.
Follow all other instructions on your screen to successfully sign up for an account.
Brex Credit Card Login
When you sign up for a Brex account, you can log in anytime to manage your card account. Your account also gives you access to pay your bills, add authorized users, check your card balance and redeem your rewards.
Other activities you can carry out when you log in to your account include checking your card statement, requesting a limit increase, etc. Are you having issues logging in to your account? The next section of this article will help you out.
How to Login to your Brex Credit Card Account
To access your credit card account online, follow the steps below:
- Go to the Brex credit card page with the URL brex.com/product/credit-card/
- Click on “Sign in” at the top right corner of the page. This will redirect you to the next page.
- Fill out your account “Email address” and click on “Sign in”.
This is how to sign in to your account on the Brex website.
Brex Credit Card Activation
After receiving your new Brex card, you cannot use it until it has been activated. There are two ways you can activate your new card. You can do so via SMS. However, the easiest and most convenient way to activate your card is to do so online.
To activate your card, you need to provide your card number. As you read on, you will learn how to activate your card online.
How to Activate your Brex Credit Card Online
To activate your new Brex card, follow the steps below:
- Go to brex.com/product/credit-card/ with your internet-connected device.
- Navigate to the Sign in button at the top of the page and click on it.
- Login to your account with your “Email address” and “Password”.
- When you log in to your account, go to “Wallet”.
- Click on “Activate Physical card”.
- Follow the prompts on your screen to provide the last 4 digits of your card number.
If your card has been successfully activated, you will be sent a text stating that your card is ready for use.
Brex Credit Card Limit
The credit limit on your Brex credit card is the maximum amount you are allowed to spend with it. For the card paid daily, your limit will be up to 100% of the balance on your account.
For the monthly paid card, you can get a limit that is 10 to 20 times higher than the traditional corporate cards. The credit limit is determined by the revenue of the company, its spending pattern, and credit history.
FAQs
What is a Brex Credit Card?
The Brex credit card is a rewards card for small business owners. This card comes with no annual fee and intertest. Also, you cannot carry a balance on the card. The rewards earned with this card are also redeemable.
How Does Brex Credit Card Work?
You can either choose to get daily or monthly paid Brex card. With the Daily paid card, you can earn rewards provided you pay off your bills daily. The monthly paid card on the other hand requires that you pay off the bills in full every 30 days. You cannot carry over payments with the card.
Is Brex a Credit Card?
Yes, it is a credit card for building your business profile. The payment history on this card is reported to the business credit bureaus. The limit on the card is updated based on your cash balance.
How do I Redeem my Brex Points?
There are many ways you can redeem your Brex rewards as you earn them. You can redeem them for travel, gift cards and lots more. Also note that your points do not expire as long as your account is open so you can redeem them at any time.
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