Top perks
This card has many perks, both intangible and value-based.
No personal guarantee required
The key thing that separates a corporate card from a small business credit card is that most small business credit cards have a personal guarantee that ties you to the credit card no matter what. So if you default on a business credit card, your personal credit takes a hit. And if your business goes under, the bank can still come after you for any remaining balance.
Corporate credit cards, on the other hand, are only associated with your business. In other words, a Brex Card won't interact with your personal credit in any way, giving you complete separation of your personal finances and your company's finances.
Earn up to 8x points per dollar
The Brex Card is a corporate card, and also a rewards credit card. It has a very lucrative rewards structure, albeit a somewhat complex one. If you have the Brex Card that is paid daily (the other is paid monthly), you can earn these purchase rewards:
- 8x points on ride-hailing services (including Uber and Lyft)
- 5x points on travel booked via Brex Travel
- 4x points on restaurants
- 3x points on eligible Apple purchases through the Brex Rewards portal
- 1.5x points on ads
- 1x points on other purchases.
Certain companies can also qualify for extra rewards. Specifically, companies that identify as tech also receive:
- 3x points on recurring software
And companies that identify as life sciences companies can earn:
- 8x points on conference tickets
- 2x points on lab supplies
There's no cap on how many rewards you can earn. Brex rewards don't expire as long as your account is open and in good standing.
Build business credit
As a corporate card, the Brex Card doesn't impact your personal credit. But it can help your business build credit. Specifically, the Brex Card reports your payments to the commercial credit bureaus so you can build a business credit history. It can therefore help you improve your business credit score, and a good business credit history can help you get business loans and other business credit lines.
READ MORE: Best Cash Back Business Credit Cards
No annual or employee card fees
Usually, high rewards rates mean high annual fees. But the Brex Card offers big rewards and $0 annual fees. Employee cards also come without fees. Brex Card users can issue unlimited cards to employees, as well as set custom limits and track team expenses.
So how does Brex make money without annual fees? Through merchant interchange fees. These are small fees charged to a merchant when you use your card to pay.
Zero fraud liability
The laws that limit credit card fraud liability for consumers don't automatically apply to business credit cards, even corporate credit cards. But the Brex Card comes with $0 fraud liability protection, thanks to its partnership with Mastercard. If your Brex Card is used to make fraudulent purchases without your authorization, you aren't on the hook for those charges. Simply report the charges as fraud and let the fraud protection services take care of the rest.