Brex to Issue World Elite Mastercard for Business
February 5, 2019
SAN FRANCISCO - Brex, today announced that it will start issuing World Elite Mastercard for Business with an enhanced rewards structure and rich suite of travel benefits. Current Brex cardholders will be switched to Mastercard’s World Elite program this month, giving startup founders access to additional personalized, premium rewards.
“We’ve spent time building our card issuing technology from the ground up, giving us the flexibility to partner with a number of financial platforms. Today we add Mastercard to that list,” said Brex CEO Henrique Dubugras. “We are focused on continuously improving the Brex platform to be the best corporate card for all businesses.”
The Mastercard World Elite program bolsters the already rich rewards program that Brex cardholders enjoy with enhanced benefits such as access to a luxury hotel and resorts program, emergency travel assistance, travel and rental car insurance, and more. Cardholders will also receive enhanced anti-fraud benefits such as purchase protection and ID theft protection benefits that are offered by Mastercard. Through the Mastercard network, Brex is focused on providing employees of start-ups tailored access to the value and benefits from their corporate cards, perks traditionally associated with big enterprise companies.
“Mastercard is leading the charge toward imagining and designing payment solutions driven by customer need, not just industry norms,” said Sherri Haymond, executive vice president, Digital Partnerships, North America, Mastercard. “By partnering with Brex, the Mastercard World Elite card can deliver on what startups require today to grow their business and anticipate needs for tomorrow.
In conjunction with its Mastercard launch, Brex is releasing new fraud prevention technology, which gives its customers access to a more robust fraud protection program. Cardholders will now enjoy “no questions asked” concierge fraud support, ensuring that Brex customers are never liable for any identified fraud on their cards. Visit www.brex.com for more information.
The card will be issued by Emigrant Savings Bank.
Brex is a powerful financial stack designed to serve the next generation of growing businesses. By integrating software, services, and products into one experience, we help customers effortlessly extend the power of every dollar, so they’re free to focus on big dreams and fast growth—without worrying about wasted spend. We proudly serve tens of thousands of businesses, from small private companies to many of America’s most beloved public brands.
Karen Tillman, Chief Communications Officer