The Brex 30 card requires no collateral because it sets credit limits based on cash flow and determines the company’s eligibility to qualify based on spending patterns and sales volume. This means there are no credit check requirements for business owners who do not have strong or stable credit. Businesses with at least $50,000 in professionally managed funds or at least $100,000 in cash in a bank account are usually able to obtain a Brex Card.
Rewards: 8 points per dollar on trip sharing, 5 points per dollar on travel booked through Brex Travel, 4 points per dollar at restaurants, 3 points per dollar on recurring programs, and 1 point per dollar on everything else
Welcome Bonus: 30,000 points after you spend $3,500, or 50,000 points after you spend $9,000 within 30 days
Annual fee: 0 dollars
Other advantages and disadvantages: The Brex 30 card is a credit card, which means that it must be paid off in full every month. Businesses looking to carry credits should look elsewhere, but for those who can pay the fee every month (or even every day), the Brex 30 card offers a long list of perks.
With no annual fees and no foreign transaction fees, those businesses that exclusively use Brex Card and pay out of their Brex Cash account will see the best points for every dollar spent in rewards.
Holding a Brex Card also includes other rewards, such as deep discounts at a number of sellers such as Amazon Web Services, Slack, UPS, Quickbooks, Google Ads, Freshworks, and more. Earning rewards on the card makes it great for streaming businesses without the need for an upfront 0% APR, welcome bonuses and no desire to pay an annual fee.
Read our Brex 30 Card review to learn more.