Your company credit limit

OverviewView your credit limitIncrease your credit limitFree up spending roomAutomate early payments

Overview

Your company credit limit, or account limit, is the maximum amount that all of your team members can spend. How you determine the amount each team member spends is up to you, though cumulatively it can’t exceed your company’s credit limit. You can read more about how we determine your credit limit in this help article. Once you’ve been issued a credit limit, you can read through the sections below to learn how to increase it.


View your credit limit

Account and card admins can check their company’s limit at any time by following these steps:

In your dashboard

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.


Increase your credit limit

We understand that your business needs may change and there might be times you need to spend more than your credit limit allows. There are a number of ways that you can request a higher credit limit. Please reference the relevant section below. Credit limits are dynamic by design and are adjusted on a regular basis depending on your company's spending patterns, cash balance, and sales (if you're an ecommerce company).

Daily payments

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.

Monthly payments

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.

60-day payments

Approved ecommerce customers may link their sales platforms to Brex and give us read-only access. With this visibility over your 30-day net sales, we’ll adjust your credit limit accordingly.


Free up spending room

If you’re making monthly payments and don’t qualify for a limit increase, there are other steps an account or card admin can take to make your current limit go further.

Make an early payment

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 now spend up to $90k prior to your statement coming due. Payments can take 3-5 business days to clear and must be fully processed before your limit will be adjusted.

Redeem points

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.

Change your automatic payment frequency

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.


Automate early payments

Users that have our Brex card with monthly payments can automate early payments to occur when your used spend reaches a certain threshold. You can specify a certain percentage of your account limit which, once hit, will trigger an early payment to be made. This helps keep your used spend to a minimum, so you and your team will always have room in your credit limit for necessary purchases. You can manage your limit utilization by setting up triggers as follows: Step 1: In your dashboard, go to Credit > Overview. Step 2: Click Make payment and select Set up early payments. Step 3: From the dropdown, choose your payment account, and use the slider below to specify your utilization percentage (the amount that, when reached, will trigger an early payment). Click Next. Note: Early payments won’t affect your autopay settings. Any currently processing one-time payments will still go through. Step 4: Look over the early payment setup and click Confirm.

Enable early payments

Step 1: In your dashboard, go to Accounts > Credit. Step 2: Click Make payment and select Set up early payments. Step 3: From the dropdown, choose your payment account and use the slider below to specify your utilization percentage (the amount that will trigger an early payment). Click Next. Note: Early payments won’t affect your autopay settings. Any currently processing one-time payments will still go through. Step 4: Look over the early payment setup and click Confirm. You’ve now set up parameters to manage your credit utilization. You can view your account’s current early payment settings by going to Make payment > Manage early payments. You can also view past or upcoming payments triggered by the rule on the Credit page.

Modify early payments

Step 1: In your dashboard, go to Accounts > Credit. Step 2: Click Make payment and select Manage early payments. Step 3: From the dropdown, choose your payment account, and use the slider below to specify your utilization percentage (the amount that will trigger an early payment). Click Next. Note: Any early payments that are currently scheduled or processing won’t be affected. Step 4: Look over the early payment setup and click Confirm. You can view your account’s current early payment settings by going to Make payment > Manage early payments. You can also view past or upcoming payments triggered by the rule on the Credit page.

Disable early payments

Step 1: In your dashboard, go to Accounts > Credit. Step 2: Click Make payment and select Manage early payments. Step 3: Click Disable Payment Rule. Note: While proceeding will disable early payments, it won’t affect any currently scheduled or processing one-time payments. Step 4: Click Confirm to disable early payments. You can view your account’s current settings by going to Make payment > Manage early payments. You can also view past or upcoming payments triggered by the rule on the Credit page.

Was this article helpful?