Philip
Great benefits for start-up via discounts and rebates - easy to start
I received a recommendation to Brex from a friend of mine who also recently created a new startup. The application process is very different from conventional banks in that they want to see how much cash on hand you have in order to set your credit limit for their credit cards. After exchanging documentation the account was easily set up and their credit limit was generous and based on your assets. They issued a virtual credit card number immediately and starting using it without any issues. I started using their partner discounts almost immediately. Not all parts of their offers seem to work, but Brex customer service was excellent at resolving the issues. There were some issues linking my bank First Republic Bank to their system, but eventually they got the systems working together. Linking to Quickbooks Online was very easy. All in all this is the best credit card with plenty of benefits if you are a funded startup. I did evaluate Brex cash management and banking, but it was too primitive and obtuse for my needs. I considered SVB, Chase and FRB against the Brex platform and went with FRB because it integrated with the Brex card (eventually Brex and FRB got it working) and QB online and a bunch of the partner companies to Brex.
Response from BrexMay 12, 2021
Hey Philip, we really appreciate your review and summary of our onboarding process and criteria. Wishing you the best!




