Brex to offer points redemption for crypto
TravelBank Enables Redemption of Brex Reward Points for Bitcoin (BTC), Ethereum (ETH)
SAN FRANCISCO, CA - May 12, 2021 - Brex, the company reimagining financial systems so growing businesses can realize their full potential, today announced that customers can now redeem their Brex reward points for crypto. Customers can use rewards points for Bitcoin (BTC) and Ethereum (ETH) the same way they redeem Brex points for miles, gift cards, cash, or travel. This new offering is the first ever crypto rewards program for businesses.
With Brex rewards, companies can earn up to 8x Brex points on every dollar spent and redeem for cash back, crypto, miles, gift cards, and travel in addition to enjoying partner perks worth over $150,000.
“With increasing institutional and corporate treasury interest in digital assets, this is a natural first step into the space for Brex,” said Sam Blond, Chief Sales Officer at Brex. “We are constantly working to provide our customers with a world class rewards program that gives them exactly what they want.”
Since the launch of its rewards program in 2018, Brex has been committed to providing its customers with an innovative rewards experience. The new crypto rewards option reflects Brex’s belief that crypto will play a significant role in the future of finance. In addition to offering points redemption for crypto, Brex is committed to educating customers about crypto and whether redeeming rewards for crypto is the best option for their business goals.
Brex’s rewards partner, Travelbank, will power the rewards redemption program, allowing users to input the amount of points they want to redeem for crypto that can then be transferred to a wallet like Coinbase.
To learn more or begin redeeming Brex rewards, visit brex.com/product/rewards.
Brex is all-in-one finance for growing businesses. We help companies spend, save, and earn smarter—and take every dollar further—by doing more than a bank, bookkeeping, or reward program could ever do alone. After completing the Y Combinator accelerator program in 2017, Brex has grown to over 600 employees and raised over US$940 million in venture capital. Learn more at brex.com.