You can choose to allocate your Brex Cash balance between FDIC-insured cash and money market funds (MMF).
To view your allocation split, follow the steps below.
Step 1: Click Settings at the bottom left of the dashboard.
Step 2: Under the Company tab, navigate to Account holdings and click View to the right of Allocations.
Here you'll see the current allocation between cash and MMF. To change your allocation strategy, please continue with these steps:
Step 1: Click Manage.
Step 2: Use the slider or fields to allocate your balance of Cash and MMF, then click Continue.
Step 3: Select Set custom allocation to select the split percentage.
Step 4: Choose an allocation strategy for future deposits into Brex Cash.
Step 4: Click Review to confirm the current split and future strategy.
Step 5: Click Confirm to save your changes.
All card and Brex Cash admins will then receive an email notifying them that the strategy was adjusted. The updates will take effect within 1 business day.