Your company credit limit

Step 1: Click Accounts on the left side of your Brex dashboard. Step 2: Under Payables > Credit, you’ll see your limit listed on the right. The amount you have left available of your overall balance is listed on the left.

The credit limit for your Brex card with daily payments is determined primarily by the funds available in your Brex business account. External bank accounts connected to your Brex account won’t impact your credit limit. Your limit will be up to 100% of the cleared balance in your primary Brex business account. To increase your limit, initiate a transfer from an external bank account so that your primary business account balance equals your desired limit amount.

Credit limits for Brex cards with monthly payments are dynamic by design and are regularly adjusted according to your company's spending patterns, cash balance, sales (for certain customers), and other factors. The range is generally ~5-20% of your bank account balance. If you have a current bank connection with Brex and your limit has recently dropped, the connection might need to be reestablished. This gives us the most up-to-date picture of your finances so we can adjust your credit limit appropriately. If you don’t have a current bank connection with Brex, you can submit your most recent bank statements instead. Please reach out to our support team so that we can provide you with a secure link to do so. If your bank information is up to date and you’re still not satisfied with your limit, an account or card admin can request a limit increase once every 30 days from their Brex dashboard. Step 1: From your Accounts tab, go to Credit > Manage limit > Request higher credit limit. Step 2: In the details pane, click Request higher credit limit. Provide details on the amount and reason for the request. Note: The details pane will update once your request has been reviewed.

Making an early payment will decrease your current used spend. This gives you more available spend that can be used during your current statement period. For example, if your limit is $100k and you’ve used $30k, your available spend is $70k. If you make an early payment for $20k, you can spend up to $90k prior to your statement coming due once the payment clears. You can initiate an early payment by following the steps in this article and selecting whether you want to use an external bank account or Brex business account as a payment source. Payments made from an external bank account can take 3-5 business days to clear and must be fully processed before your limit will be adjusted.

If you have a Brex business account, you can use it as a funding source for a statement payment. To make a payment from your Brex business account, follow the steps in this article and select your Brex business account as the payment source. Using a Brex business account, you can either make an early payment for any amount, or a statement payment on your statement’s due date, provided the account has enough funds in it to cover the entire payment. If you choose to make a payment that does not cover your statement balance, the remaining balance will automatically be processed on your statement’s due date. Unlike payments from external bank accounts, early payments made from a Brex business account clear instantly.

To avoid maxing out your available spend before your statement period ends, you can set up automatic early payments to go through whenever you reach a designated percentage of your balance.

If you don’t have a Brex business account, an account or card admin can redeem your Brex points for statement credit. Putting your points towards statement credit will free up more room right away. If you do have a Brex business account, you can instead redeem your points towards cash back. When you receive the cash back you can put it towards an early statement payment. Since you’re making the payment from your Brex business account as opposed to an external bank account, the early payment will process immediately.

If none of the above work for you, an account or card admin can reach out to Brex Support to set more frequent payment cycles for your company.