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New launch | Business Account

March 2023

FDIC insurance increase

We've raised the amount of FDIC coverage you can get with a Brex business account up to an industry-leading $6M. We previously offered up to $2.25M in FDIC insurance — 9x the industry standard — and have worked with our partners to quickly extend that amount to up to $6M. We're committed to helping you protect your funds to the fullest while maintaining 100% access at all times.

To change your allocation of FDIC-insured funds and take advantage of this increase, visit your Brex dashboard. Learn more in this help article.