u/[deleted]
It seems like this card is too good to be true, no fees, great cash back categories, ability to transfer to airlines. It may be that this is intentionally running at a loss to get customers and then they’ll adjust the benefits later to get a profit. Or there’s another catch I’m not seeing.
👍: 9
u/SoundClouder
These are corporate cards are targeted at startups/businesses. You need something like $500k in your company's bank to get a Brex card. They'll make the $ back on all the other business expenses you use the card for
👍: 7
u/planesurf
They're solid, but very hard to get approved for.
👍: 4
u/Eyetron2020
For many "real" businesses, the vast majority of card expenses will fall into the 1x category. That 8x category is so limited I doubt it makes much of a dent for most businesses.
👍: 5
u/Yankees2424
Can you post source for interchange amounts?
👍: 3
u/Late_Description3001
I’m not a fan of all of these one off cards. If you’re really interested in Lyft get the CSR includes Lyft pink and 10% back on Lyft. If you use Lyft consistently and can use the other credits it’ll be a solid card.
👍: 3
u/Ok-Nefariousness-703
We have their cards for two businesses, HOWEVER recently we had fraud committed on our card. 500 transactions over a period of two days for $29.95. Their fraud detection did not catch it and they said it's because the amounts were too small--which is absurd. Additionally, they do not credit the fraud back to you immediately like any other reputable card and they say you have to wait 90 days for their investigation to get it credited. I would not recommend.
👍: 1
u/olemiss18
Not gonna lie, I totally thought you cut that card in half.
👍: 53
u/letsplaysomegolf
Can you post a pic of the back too? I’d like to see what your credit card number, exp. date and cvv look like.
👍: 9
u/flipthescriptttt
I love the new MasterCard logos.
👍: 7
u/Davidram24
I got an offer for my business for Brex card since I’m a new business but I saw you need like 100,000 in revenue to get approved which I don’t have. How did you get approved?
👍: 6
u/[deleted]
What’s a Brex card?
👍: 4
u/Sweetnessoverload98
Congrats!!
👍: 3
u/[deleted]
Was this hard to get? I remember the post about it last week and it seemed to be targeted for businesses, but I know it's not that hard to get the business cards from Chase and AmEx.
👍: 2
u/planesurf
AWESOME! How was the approval process? Do you have any of the numbers you put on the app?
👍: 1
u/ConsistentStandard67
I just got this card in the mail yesterday and now that I am reading about it, the vision I have in my head is of a couple of rich guys with names like Riley or Blake who wear skinny jeans to work sitting in a high rise somewhere still laughing at my application which, has obviously been sent around the office in an email chain because jokes like that are too good not to share. 😂 I have absolutely no clue how I was approved. I'm just starting a very small 3D laser printing business from scratch that I certainly hope will be much bigger someday, as I have gone into debt purchasing equipment and inventory. No one referred me to this card, and clearly I knew nothing about it when I applied. I just needed a bank account for business and it popped up in the search. It took around a week to get the approval notice and from there, I had a virtual card instantly and the physical card in around 3 days... Here's the best part.. As of now I'm literally sitting on around $700.00 in liquid assets. I wish I was kidding. 😂😂 I'm probably just going to frame this deal and put it on the wall somewhere because it looks swanky enough to give my potential customers a false sense of security in the financial stability of my business (and it gives me a false sense of being special), but I would be too embarrassed to actually deposit any money into the account and ever use it. 😂😂😂
👍: 1
u/lazyusain
What about a sole proprietor with a dba do you think they’ll take that as a legit business for the small business tier
👍: 1
u/Ok-Nefariousness-703
We have their cards for two businesses, HOWEVER recently we had fraud committed on our card. 500 transactions over a period of two days for $29.95. Their fraud detection did not catch it and they said it's because the amounts were too small--which is absurd. Additionally, they do not credit the fraud back to you immediately like any other reputable card and they say you have to wait 90 days for their investigation to get it credited. I would not recommend.
👍: 1