Contact us for a copy of the fund prospectus and recent performance data. Uninvested Balances in your Brex Cash Account will initially be aggregated with Uninvested Balances from other Brex Treasury customers and deposited in a single account at LendingClub Bank, N.A. Still can't find what you're looking for? Brex Treasury is not an investment adviser. Use of Bill Pay subject to Bill Payment Service Terms and Conditions. The funds sponsor has no legal obligation to provide financial support to the fund and you should not expect that it will do so at any time. A list of partner banks is available at https://www.brex.com/legal. Brex credit limits on daily statements and Brex Cash, Brex credit limits on net 60-day statements, Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. You have an insufficient cash balance to meet minimum underwriting requirements (for monthly statements). Brex does not provide, nor does it guarantee, any third-party product, service, information, or recommendation. Earn the best rewards and establish credit history with a credit card that draws from your balance daily like a debit card. Brex may pay third parties and/or be paid by them for customer referrals. You could lose money by investing in a money market mutual fund. Past performance is not necessarily indicative of future results. .css-1mejsbn{font-variation-settings:inherit;color:#FFFFFF;}Services may be provided by Brex Payments LLC (NMLS #2035354). or Column, N.A. Brex may pay third parties and/or be paid by them for customer referrals. This is not an offer, solicitation of an offer, or advice to buy or sell securities, or to open a brokerage account in any jurisdiction where Brex Treasury LLC is not registered. The card is paid daily from your Brex Cash account balance. 2021 Brex Inc. Brex and the Brex logo are registered trademarks. This is not an offer, solicitation of an offer, or advice to buy or sell securities, or to open a brokerage account in any jurisdiction where Brex Treasury LLC is not registered. Past performance is not necessarily indicative of future results. The length of your statement period will depend on what payment frequency you've selected. Member of SIPC. Within two business days, funds are transferred to a disbursement account at a Brex Treasury Third-Party Service Provider (the Settlement Account), and then swept automatically into omnibus deposit accounts established by Brex Treasury in its name on behalf of Brex Treasury customers at Brex's designated partner banks. Still can't find what you're looking for? Brex is unique in that its credit model is flexible enough to underwrite many businesses that have limited operating history, revenue, or profitability. (a Clearing Bank), Members FDIC. Sending wire transfers is free for Brex Cash customers, but the recipients financial institution may charge a wire receipt fee. Comes with every Brex Cash account. Please see brex.com/cash for important legal disclosures. (a Clearing Bank), Members FDIC. FDIC coverage does not apply to deposits while at the Clearing Bank or any account at an intermediary depositary institution. Deposits that are in the Settlement Account while in the process of being swept to or from a partner bank will be subject to FDIC coverage of up to $250,000 per customer (combined with any other customer deposits at the bank holding the Settlement Account). Consider your companys investment objectives and relevant risks, charges, and expenses before investing. For additional details, please refer to Brex credit limits on monthly payments. Services may be provided by Brex Payments LLC (NMLS #2035354). Sending wire transfers is free for Brex Cash customers, but the recipients financial institution may charge a wire receipt fee. This is not an offer, solicitation of an offer, or advice to buy or sell securities, or to open a brokerage account in any jurisdiction where Brex Treasury LLC is not registered. After providing at least 60 days prior written notice to shareholders, the funds board reserves the right to impose a fee upon the sale of shares or temporarily suspend redemptions if the funds liquidity falls below certain levels. .css-7apjkl{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;list-style:none;padding:0;margin:0;}.css-bksfmi+li::before{display:inline-block;margin:0 10px;-webkit-transform:rotate(15deg);-moz-transform:rotate(15deg);-ms-transform:rotate(15deg);transform:rotate(15deg);border-right:0.1em solid currentColor;height:0.8em;content:"";}.css-uoasn0{-webkit-text-decoration:underline;text-decoration:underline;}.css-uoasn0:hover{color:#FF8050;}.css-uoasn0:active{color:#CF592B;}HomeTransactions & Payments. Brex Treasury is not a bank and your Brex Cash account is not a bank account. Terms and conditions apply and are subject to change. To change the end date of your statement period or pay Brex on a more frequent basis, you can reach out to our support team or read Can I change my statement period? There are failed payments on your account. The funds sponsor has no legal obligation to provide financial support to the fund and you should not expect that it will do so at any time. Services may be provided by Brex Payments LLC (NMLS #2035354). Please read What are the differences between making daily and monthly payments? Brex products may not be available to all customers. Virtual cards exist solely on your Brex dashboard, which makes them the best option for recurring software and online purchases. Brex does not provide, nor does it guarantee, any third-party product, service, information, or recommendation. (a Clearing Bank), Members FDIC. See the Brex Platform Agreement for details. 2021 Brex Inc. Brex and the Brex logo are registered trademarks. Finally, youll have an opportunity to set a lock date, which will be the expiration date of the card. For accounts that have been grandfathered into this product, your Brex card limit is directly related to your estimated revenue reported in your accounts that are connected to Brex. Brex products may not be available to all customers. After providing at least 60 days prior written notice to shareholders, the funds board reserves the right to impose a fee upon the sale of shares or temporarily suspend redemptions if the funds liquidity falls below certain levels. For details and explanatory brochure, please see www.sipc.org. Sending wire transfers is free for Brex Cash customers, but the recipients financial institution may charge a wire receipt fee. Brex products may not be available to all customers. Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. Contact us for a copy of the fund prospectus and recent performance data. Review the background of Brex Treasury or its investment professionals on FINRA's BrokerCheck website.Although Brex Treasury does not charge transaction or account fees, money market funds bear expenses and fees. In order to give our customers the highest credit limit possible, our underwriting model relies on maintaining visibility into a companys cash balance and transactions.Because of this, Brex credit limits fluctuate more than limits on other credit cards, as they adapt to the unique financial characteristics of each business. (a Clearing Bank), Members FDIC. Brex Treasury is not an investment adviser. You could lose money by investing in a money market mutual fund. .css-7apjkl{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;list-style:none;padding:0;margin:0;}.css-bksfmi+li::before{display:inline-block;margin:0 10px;-webkit-transform:rotate(15deg);-moz-transform:rotate(15deg);-ms-transform:rotate(15deg);transform:rotate(15deg);border-right:0.1em solid currentColor;height:0.8em;content:"";}.css-uoasn0{-webkit-text-decoration:underline;text-decoration:underline;}.css-uoasn0:hover{color:#FF8050;}.css-uoasn0:active{color:#CF592B;}HomeCard Management. This helps to create a safe spending environment from which you can build your business credit. Deposits that are in the Settlement Account while in the process of being swept to or from a partner bank will be subject to FDIC coverage of up to $250,000 per customer (combined with any other customer deposits at the bank holding the Settlement Account). Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. Securities in your account protected up to $500,000 (including $250,000 claims for cash). Earn up to 7x rewards points on all card spend. .css-xv1tn4{font-variation-settings:"wght" 600;color:inherit;}Product. Yield is variable, fluctuates and is inclusive of reduced expense fees, as determined solely by the fund manager. You could lose money by investing in a money market mutual fund. FDIC coverage does not apply to deposits while at the Clearing Bank or any account at an intermediary depositary institution. Deposits that are in the Settlement Account while in the process of being swept to or from a partner bank will be subject to FDIC coverage of up to $250,000 per customer (combined with any other customer deposits at the bank holding the Settlement Account). .css-7apjkl{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;list-style:none;padding:0;margin:0;}.css-bksfmi+li::before{display:inline-block;margin:0 10px;-webkit-transform:rotate(15deg);-moz-transform:rotate(15deg);-ms-transform:rotate(15deg);transform:rotate(15deg);border-right:0.1em solid currentColor;height:0.8em;content:"";}.css-uoasn0{-webkit-text-decoration:underline;text-decoration:underline;}.css-uoasn0:hover{color:#FF8050;}.css-uoasn0:active{color:#CF592B;}HomeCredit Limits. While there is a cap for how many virtual cards you can create, admins can create as many vendor cards as they like. The funds sponsor has no legal obligation to provide financial support to the fund and you should not expect that it will do so at any time. Brex Inc. provides the Brex Mastercard Corporate Credit Card, which is issued by Emigrant Bank, Member FDIC or Fifth Third Bank, NA., Member FDIC. Your card limit will be up to 100% of your Brex Cash account's available balance. Terms and conditions apply and are subject to change. A list of partner banks is available at https://www.brex.com/legal. Use of Bill Pay subject to Bill Payment Service Terms and Conditions. How does Brex make money from Brex cards? Issue unlimited cards with custom limits, and track your teams expenses. The fund cannot guarantee that it will preserve the value of your investment at $1 per share. or Column, N.A. After providing at least 60 days prior written notice to shareholders, the funds board reserves the right to impose a fee upon the sale of shares or temporarily suspend redemptions if the funds liquidity falls below certain levels. Securities in your account protected up to $500,000 (including $250,000 claims for cash). See the Brex Platform Agreement for details. Interested in learning more about how this works? Use of Bill Pay subject to Bill Payment Service Terms and Conditions. Under Next card payment details, you will find your payment type next to Autopay cycle. If you are on a monthly payment cycle, any cleared transactions within your statement period will be collected from your autopay account on the business day following your statement end date. Brex has a variety of cards to choose from that allow you to control your teams spendphysical cards, virtual cards, and vendor cards. Deposits that are in the Settlement Account while in the process of being swept to or from a partner bank will be subject to FDIC coverage of up to $250,000 per customer (combined with any other customer deposits at the bank holding the Settlement Account). Brex Treasury is not an investment adviser. The money market funds offered by Brex Cash are independently managed and are not affiliated with Brex Treasury. See program disclosures and the applicable fund prospectus before investing for details and other information on the fund. The fund cannot guarantee that it will preserve the value of your investment at $1 per share. For additional details, please refer to Brex credit limits on daily statements and Brex Cash. Only the first $250,000 in combined deposits at any partner bank will be subject to FDIC coverage. Consider your companys investment objectives and relevant risks, charges, and expenses before investing. Uninvested Balances in your Brex Cash Account will initially be aggregated with Uninvested Balances from other Brex Treasury customers and deposited in a single account at LendingClub Bank, N.A. 2021 Brex Inc. Brex and the Brex logo are registered trademarks. An investment in the fund is not insured or guaranteed by the FDIC or any other government agency. Brex Treasury LLC is an affiliated SEC-registered broker-dealer and member of FINRA and SIPC that provides Brex Cash, an account that allows customers to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at Brexs partner banks, such as JPMorgan Chase Bank, Member FDIC and LendingClub Bank, N.A., Member FDIC. This is not an offer, solicitation of an offer, or advice to buy or sell securities, or to open a brokerage account in any jurisdiction where Brex Treasury LLC is not registered. See the Brex Platform Agreement for details. The fund cannot guarantee that it will preserve the value of your investment at $1 per share. Get live support from our team by phone, chat, or email, or reference the .css-uoasn0{-webkit-text-decoration:underline;text-decoration:underline;}.css-uoasn0:hover{color:#FF8050;}.css-uoasn0:active{color:#CF592B;}Help Center anytime. Yield is variable, fluctuates and is inclusive of reduced expense fees, as determined solely by the fund manager. Brex Treasury is not an investment adviser. Uninvested Balances in your Brex Cash Account will initially be aggregated with Uninvested Balances from other Brex Treasury customers and deposited in a single account at LendingClub Bank, N.A. Brex products may not be available to all customers. Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. Take a look at our guided product tour, which will give you a dynamic look around your dashboard! Credit limits are calculated in part by Brexs ongoing account-specific determination of risk. The money market funds offered by Brex Cash are independently managed and are not affiliated with Brex Treasury. Step 2. .css-1mejsbn{font-variation-settings:inherit;color:#FFFFFF;}Services may be provided by Brex Payments LLC (NMLS #2035354). Note: Click the information icon beside your payment type for more details. The funds sponsor has no legal obligation to provide financial support to the fund and you should not expect that it will do so at any time. Still can't find what you're looking for? Investing in securities products involves risk. You aren't meeting the minimum monthly revenue requirements (for grandfathered accounts with net 60-day payment cycles). Use of the Brex API is subject to the Brex Access Agreement. Past performance is not necessarily indicative of future results. Our physical cards are a typical corporate card! Member of SIPC. Uninvested Balances in your Brex Cash Account will initially be aggregated with Uninvested Balances from other Brex Treasury customers and deposited in a single account at LendingClub Bank, N.A. Brex Treasury LLC is an affiliated SEC-registered broker-dealer and member of FINRA and SIPC that provides Brex Cash, an account that allows customers to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at Brexs partner banks, such as JPMorgan Chase Bank, Member FDIC and LendingClub Bank, N.A., Member FDIC. Uninvested Balances in your Brex Cash Account will initially be aggregated with Uninvested Balances from other Brex Treasury customers and deposited in a single account at LendingClub Bank, N.A. Yield is variable, fluctuates and is inclusive of reduced expense fees, as determined solely by the fund manager. Step 1. Past performance is not necessarily indicative of future results. Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. Use of Bill Pay subject to Bill Payment Service Terms and Conditions. The fund cannot guarantee that it will preserve the value of your investment at $1 per share. FDIC coverage does not apply to deposits while at the Clearing Bank or any account at an intermediary depositary institution. For Brex cards with monthly payments, we consider the sum total of all Brex Cash account balances, as well as balances from connected external bank accounts. Brex will automatically initiate payment for your statement balance via ACH on the last day of your statement period, which is visible at the top of the Statements page of your Brex dashboard. Brex Inc. provides the Brex Mastercard Corporate Credit Card, which is issued by Emigrant Bank, Member FDIC or Fifth Third Bank, NA., Member FDIC. The money market funds offered by Brex Cash are independently managed and are not affiliated with Brex Treasury. Deposit Sweep Program Disclosure Statement, Bill Payment Service Terms and Conditions. For additional details, please refer to Brex credit limits on net 60-day statements. Investing in securities products involves risk. Consider your companys investment objectives and relevant risks, charges, and expenses before investing. Brex Treasury is not a bank, and your Brex Cash account is not a bank account. Review the background of Brex Treasury or its investment professionals on FINRA's BrokerCheck website.Although Brex Treasury does not charge transaction or account fees, money market funds bear expenses and fees. Your limit depends on the balances of connected bank accounts and/or bank/financial statements, as well as any connected ecommerce platforms such as Amazon or Shopify. Please read the relevant section below, which will outline how your credit limit is determined for your Brex card based on your product type. See program disclosures and the applicable fund prospectus before investing for details and other information on the fund. After providing at least 60 days prior written notice to shareholders, the funds board reserves the right to impose a fee upon the sale of shares or temporarily suspend redemptions if the funds liquidity falls below certain levels. Within two business days, funds are transferred to a disbursement account at a Brex Treasury Third-Party Service Provider (the Settlement Account), and then swept automatically into omnibus deposit accounts established by Brex Treasury in its name on behalf of Brex Treasury customers at Brex's designated partner banks. Member of SIPC. Services may be provided by Brex Payments LLC (NMLS #2035354). Please visit the Deposit Sweep Program Disclosure Statement for important legal disclosures. Bank statement-based underwriting as an exception if connected bank underwriting is not an option (may be available for cards paid monthly). or Column, N.A.