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Is Brex Cash a bank account?

Brex Cash is not a bank account; it is a cash management account offered by Brex Treasury (a FINRA-registered broker-dealer) that functions very much like a business bank account but that is designed for the way small businesses actually work!

You can use Brex Cash to securely deposit checks (including via mobile app); send and receive payments via ACH, check, and wire—even internationally; and manage spending for your company’s different users. All with no fees, minimums, or limits.

Brex Cash also allows you to choose how your money is stored. You can elect to keep your deposits at a Brex program bank, and if you do, you’ll be eligible for FDIC insurance up to $250,000. The other option is to invest your deposits into a government money market mutual fund. You can also use any combination of these two options. 

No matter how you choose to store your funds, your Brex account gives you unlimited corporate credit cards for secure, convenient spending. The cards are automatically paid daily like a debit card—while giving you cash back on every purchase and building your business credit. 

For these reasons, Brex is an excellent choice for small businesses who are looking for a smart bank account alternative. When you have Brex, you don’t need other bank accounts, cards, or accounting software. You get everything you need, all in one.  


The Brex Mastercard® Corporate Credit Card is issued by Emigrant Bank, Member FDIC. Terms and conditions apply. See the Brex Platform Agreement for details.

Brex Treasury LLC is an affiliated, SEC-registered broker-dealer and member of FINRA and SIPC that provides Brex Cash, a program that allows customers to elect to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at program banks. Maximum FDIC insurance of $250,000 per program bank. Investing in securities products involves risk, including possible loss of principal. Brex Treasury is not a bank and your Brex Cash account is not a bank account.  Wire transfers, both inbound and outbound, are free to send for Brex Cash customers. For customers sending wires, the recipient’s financial institution may charge a fee upon receipt of the wire. Please see for important legal disclosures. Past performance is not necessarily indicative of future results. 

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