Brex Corporate Card for Ecommerce review
Why you can trust Bankrate
At Bankrate, we have a mission to demystify the credit cards industry — regardless or where you are in your journey — and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to:
- Meet you wherever you are in your credit card journey to guide your information search and help you understand your options.
- Consistently provide up-to-date, reliable market information so you\'re well-equipped to make confident decisions.
- Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you.
At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next.
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
How We Make Money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The information about the Brex Corporate Card for Ecommerce has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.
Brex Corporate Card for Ecommerce overview
First and foremost, the Brex Corporate Card for Ecommerce doesn’t offer a rewards program. Instead, you’ll receive special offers related to your business’ needs.
The card doesn’t charge interest and also comes with no annual fee. There’s also a 30,000-point bonus just for signing up for the card, along with instant approval and immediate access to a virtual card.
As a charge card, you’ll have 60 days to pay off your purchases without being charged interest. Five employee cards are included with the card and additional cards will be charged $5 per month.
A deeper look into the current card offer
- Rewards rate: N/A
- Annual fee: $0
- Intro offer: 30,000 in Brex Rewards points upon signup and waived card fees for life ($300+ value in the first year)*
- Regular APR: N/A
Pros and cons
- Brex Corporate Card for Ecommerce doesn’t offer a rewards program
Is the Brex Corporate Card for Ecommerce worth it for you?
If you value your time, you’ll definitely appreciate the quick application process for the card. To apply for the Brex Corporate Card for Ecommerce, you don’t need a personal credit check or personal guarantee and funding is instant.
Your business must have been in operation for at least one year and make a minimum of $500,000 in monthly sales to qualify for the card. If your business doesn’t quite meet this standard, there are plenty of other business credit card options available for you to consider.
You’ll have a full 60 days to pay your bills and improve cash flow management, giving you the flexibility to make mistakes, and your credit limit will be determined based on 50 to 100 percent of your projected monthly sales with a capped credit limit of $5 million.
If you’re interested in building your business’ credit history, you’ll be pleased to know Brex reports your on-time payments to both Experian and Dun & Bradstreet.
Get the most value from the Brex Corporate Card for Ecommerce
The Brex Corporate Card for Ecommerce offers cardholders various safety protections like 24/7 fraud monitoring and ID theft and purchase protection.
Both Corporate and Ecommerce cardholders will enjoy a whole host of perks, including $5,000 Amazon Web Services credit (over 1 year), up to $150 Good Ads credit and $500 in Twilio credit (valid for one year). You can learn more about the 35 discount-earning opportunities, here.
Easily track and manage your business’ transactions with expense management tools like QuickBooks®, NetSuite®, Expensify® and Xero™. You can use the Brex app to further simplify your expense tracking with automatic receipt matching. Simply submit your business’ receipts through text or email and the app will link them to your statement.