If you’re a small business owner, consider signing up for the Brex Credit Card. This no annual fee card is good for owners who have a small credit history, but have a well-funded startup.
They are currently offering a welcome bonus of 50,000 bonus points when you spend at least $1,000 using the card! In addition to that, this card offers other benefits and discounts that startups may find appealing like Amazon Web Services, Google Ads, and more!
Not only that, this card has strong rewards for loyalty where you can earn up to 7X points per eligible dollar spent, plus get elevated and unlimited rewards through it’s Exclusive rewards program!
If you’re an interested business owner, continue reading below to learn more about Brex’s credit card features!
* You can also compare the Brex Credit Card with other credit card bonuses!
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|Huntington Bank Business Checking 100||$200 Cash||Review|
|Axox Bank Basic Business Checking||$100 Cash||Review|
Table of Contents
Brex Credit Card Summary
|Bonus Available||Get 50,000 Brex Rewards points when you spend at least $1,000 with your Brex Card.|
|* Bonus Value||$850|
|Ongoing Rewards/Benefits||Get up to 7X points:
Employee card, first five cards for free
Get discounts/deals like:
|Foreign Transaction Fees||None|
- Qualify with limited / bad credit
- No annual fee
- No foreign transaction fee
- No 0% intro APR
Editor’s Alternate Pick
The American Express® Business Gold Card offers 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.
You'll earn more rewards: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month** (**4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*). In addition, you'll get an airline bonus; 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
This card does carry a $295 annual fee, but no foreign transaction fees. (See Rates & Fees) *Terms Apply.
50,000 Bonus Brex Rewards Points
Make use of the 50,000 sign up bonus points that the Brex Card is offering! This is worth up to $850! To qualify for the offer, you’ll need to spend $1,000 or more on your card! But the good news is that there’s not spending deadline to worry about, so take your time!
|• Plastiq - Using Plastiq allows you to pay for your personal expenses such as rent, tuition, mortgage, auto lease etc. Although they charge a 2.5% processing fee for using your credit card, this will contribute to the card bonus that you will receive. There is also a referral program that allows you to earn "Free-Free Dollars" that goes towards processing fees as well.|
|• Funding Checking Accounts - When it comes to funding a checking account, opening your initial deposit with a credit card is the usual way to go about it. However, if you want to have more opportunities, you should open a checking account that offers a sign-up bonus. This allows you to work towards bonuses from not one but two different sources instead. Banks like Chase, Huntington Bank, TD Bank and BBVA offers credit card funding, and for your opening deposit, you can often fund anywhere from $50-$1000 with a credit card, depending on the bank.|
|• Gift Card Purchases With Using a Credit Card - Another way to acquire the bonus is using your credit card to purchase gift cards. Buying a a gift card or an individual merchant card typically do not require a purchase fee and are used towards leisure, so gift cards are ideal. However, gift cards such as a Visa or American Express do incur purchase fees because they can be spent anywhere, but gift cards that are specifically for a certain online shopping site such as Amazon or eBay don't.|
|As for a Citi Credit Card, you should call customer service and ask them to lower your Cash Advance limit to $0 before making any purchases because Citi tends to read gift card purchases as a Cash Advance.
Ideally, you should do this with any card just to be safe. Lastly, there is such thing as a discounted gift card which can be purchased on Raise or eBay. If you use a credit card often for everyday purchases, it can build your credit score that will contribute towards paying for things such as bills and taxes.
How Much Are Points Worth?
Brex points are worth a standard of one $0.01 each, you could redeem points for business travel via Brex Travel, or you can redeem points through the dashboard for statement credit or cashback on any transaction.
Brex has added airline transfer partners as a redemption option, increasing the value of its program. Brex points transfer at a 1:1 ratio and points can also be transferred to any employee account.
Transfer Loyalty Partners
|Asia Miles||Asia Miles||Avianca Lifemiles|
|Air France KLM — Flying Blue||Qantas Frequent Flyer||Singapore Airlines – Krisflyer|
|jetBlue — TrueBlue|
Plus it’s good to know that Brex points never expire, and there’s no minimum or maximum redemption value required.
Unlike other card programs that cuts off your you hit a certain spending limit, with Brex rewards there’s no cap on what you can earn.
What is Brex Exclusive?
Brex Exclusive is a Rewards status that fives you access to the highest multipliers available, automatically applied to your account when you make Brex the exclusive corporate card for your business.
It’s only available to companies using the Brex for Startups credit card. All companies who enroll for Brex startups automatically have Brex Exclusive Rewards for their first two months.
The Brex Exclusive rewards program includes enhanced rewards, point multipliers, and other benefits that may not be provided to all Brex users. A company with a Brex account in good standing that uses and commits to continue to use Brex corporate cards for all of its company-related card purchases may be permitted to participate in the Brex Exclusive rewards program.
Brex Credit Card Top Features
If you can use the Brex Card for Startups exclusively for your business expenses, you can be rewarded fairly handsomely in some popular spending categories.
Through Brex’s Exclusive rewards program lets eligible cardholders earn points on their purchases. Earn elevate rewards at the following rates:
- 7 points per dollar spent on rideshares and taxis.
- 3 points per dollar on restaurants and travel.
- 2 points per dollar on recurring software expenses.
- 1 point per dollar on all other purchases.
The annual fee is $0, and there are no foreign transaction fees. There are also no interest charges, as the Brex Card for Startups is a charge card, which means the balance has to be paid in full every 30 days.
Make purchases abroad without worrying about foreign transaction fees with the Brex credit card.
Other Cardholder Benefits
- Deals and discounts at various vendors that startups may find appealing, including Amazon Web Services, WeWork, Google Ads, Salesforce, Twilio, Caviar, Instacart, Zendesk and Snapchat.
- Once approved, get immediate access to a virtual card. Your physical card will be sent to you within three to five business days.
- Your first five cards are included. ($5 per user per month for additional cards).
There are other corporate card offer as many benefits and rewards without an annual fee just like the Brex Credit Card for Startups does. What makes this card a good option is for its singular rewards system.
This card’s bonus categories were selected to meet the needs of corporate lifestyle, but a corporate card isn’t right for every business owner, for more credit cards, see our latest list of other business credit cards or the best credit card bonuses!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
Who’s the Competition?
The Chase Ink Business PreferredSM Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®.
You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards.
This card does come with a $95 annual fee but does not have any foreign transaction fees.
The Chase Ink Business CashSM Card offers $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
You'll earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year, 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, & % cash back on all other card purchases with no limit to the amount you can earn.
This card comes with no annual fee. You'll be able to take advantage of employee cards at no additional cost & the 0% introductory APR for 12 months on purchases.
The Ink Business UnlimitedSM Credit Card offers $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
You'll earn an unlimited 1.5% cash back on every purchase made for your business and you'll receive employee cards at no additional cost.
This card carries no annual fee and you'll have the opportunity to take advantage of a 0% introductory APR for 12 months on purchases