At Travel on Point(s), we teach you how to strategically earn credit card rewards to travel for next to no cost. Hand-in-hand with credit card rewards is opening checking and savings accounts for cash bonuses. Cash bonuses are great for offsetting those pesky credit card annual fees or increasing your travel budget. In a perfect hybrid of both, Brex Cash is a business cash management account that acts like a checking account, even though it is not. The Brex Cash account comes with a linked “credit card” that, again, is really not a credit card, as you can only spend up to 80% of your Cash balance. However, with oversized rewards and an eye-popping $1,100 (or 110,000 airline miles) sign-up bonus, if you are eligible (see below), you should learn more about this unique account.
The Account
Brex Cash is a no-fee business cash management account with a linked credit card. There is no credit check required to open this account. The account has no monthly fees, no transaction fees, and no domestic or international wire fees (to send or receive). This account is completely fee-free, despite a robust sign-up bonus and ongoing rewards program.
The Offer
Currently, Brex Cash offers 110,000 points (either 110,000 airline miles or $1,100) via our link. You earn 80,000 points after funding your Cash account and spending $1,000 on your Brex credit card. You can earn an additional 20,000 points for linking payroll to your Cash account and an additional 10,000 points after spending $3,000 on your Brex credit card in 3 months. In total, you can earn up to 110,000 points, which can transfer to various airline partners or be redeemed for cash at 1 cent per point (up to $1,100 total).
Qualifying for The Offer
Brex Cash is a business cash management account. While almost all businesses qualify, your business must be organized and registered in the United States and have an EIN. Also, only C-corp, S-corp, LLP, and LLCs are eligible. If your business is a sole proprietorship, even if registered and with an EIN, it does not qualify. Other that these general requirements, most businesses are eligible. As there is no credit check required, it is not necessary for your business to have its own credit history.
The Rewards
The no-fee Brex Cash account offers great earn rates with its credit card, with earnings up to 8x.
Additionally, Brex Cash accountholders receive various credits and benefits, us as up to $3,000 in Snapchat advertising credits or 3x earn on Apple Store purchases.
In redeeming rewards, Brex Cash accountholders can choose how to redeem their rewards, either as cash or gift cards (at 1 cent each) or to airline partners at 1,000 to 1,000. The list of airline partners includes
- jetBlue
- Flying Blue
- Aeromexico
- Avianca Lifemiles
- Singapore Krisflyer
- Cathay Pacific Asia Miles
- Qantas Frequent Flyer
- Emirates Skywards
My Experience
After reading about the 110,000 sign-up bonus for Brex Cash, I jumped at the offer. As Travel on Point(s) is a LLC registered in the USA, the process was simple. In all, the entire process took less than 15 minutes to set up the account. I then linked my Chase checking account and transferred over money to fund my account (remember, your “credit card” limit is 80% of the cash balance of your account). This transfer occurred instantly. Next up, I linked the ToP PayPal business account to Brex Cash. PayPal would not instantly verify the account, so I opted to wait for trial deposits. After less than 36 hours, I confirmed the account and transferred funds from PayPal to Brex Cash. Within 10 hours, I received a notification that I earned the 20,000 point bonus for linking a qualifying payroll account. Those points posted in my account instantly. My $1,000 spend (for 80,000 points) and $3,000 spend (for an additional 10,000 points) are ongoing, but I anticipate an efficient process. The account itself and the website are intuitive and user-friendly. I have no complaints thus far.
Analysis
This one is simple: if your business is eligible, the Brex Cash account is a no-brainer! No credit check required, a hassle-free experience opening and funding the account, and fee-free at all times. Again, if your business is eligible, opening a Brex Cash account is $1,100 in your pocket, or if you choose, 110,000+ airline miles. Transferred to airlines for premium cabin redemptions, this sign-up bonus is worth $2,000 or more. You can fly Lufthansa First Class to or from Europe (via LifeMiles), fly the Singapore Suites, fly Cathay Pacific Business or First Class, and many, many more.
Conclusion
It's not everyday that you can earn massive sign-up bonuses without a credit check, without fees, and without a lot of time and effort. But that explains Brex Cash perfectly: a massive sign-up bonus that is hassle-free and fee-free, all while opening a user-friendly and intuitive business cash management system. If you're on the fence about Brex Cash, do your research and learn how value this can be.
Have you opened a Brex Cash account? Do you have questions? As always, come over to our Facebook group and talk about it.
