Brex | How do I manage my allocation strategy?
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How do I manage my allocation strategy?

For your primary Brex Cash account, you can choose a custom percentage or specific dollar amount for allocating funds between FDIC-insured cash and money market funds (MMF) by following the steps below. You can change the allocation strategy at any time.

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select Set custom allocation to edit the percentage or specific dollar amount of funds held in cash and MMF.

Step 5: Set preferences for handling future deposits–either maintain the same percentage split or set a cap for how much you’d like in FDIC or MMF.

Step 6: Review changes and click Confirm to save.

For secondary accounts and beyond, you will only have the option to choose 100% FDIC or 100% MMF. You can make this election when creating a new Brex Cash account or update it later by following these steps:

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select either 100% MMF or 100% FDIC. Review changes and click Confirm to save.

Once changes are made, all card and Brex Cash admins will receive an email notifying them that the strategy was adjusted. The updates will take effect within one business day. You can change the allocation strategy at any time.

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Open an account

How do I manage my allocation strategy?

For your primary Brex Cash account, you can choose a custom percentage or specific dollar amount for allocating funds between FDIC-insured cash and money market funds (MMF) by following the steps below. You can change the allocation strategy at any time.

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select Set custom allocation to edit the percentage or specific dollar amount of funds held in cash and MMF.

Step 5: Set preferences for handling future deposits–either maintain the same percentage split or set a cap for how much you’d like in FDIC or MMF.

Step 6: Review changes and click Confirm to save.

For secondary accounts and beyond, you will only have the option to choose 100% FDIC or 100% MMF. You can make this election when creating a new Brex Cash account or update it later by following these steps:

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select either 100% MMF or 100% FDIC. Review changes and click Confirm to save.

Once changes are made, all card and Brex Cash admins will receive an email notifying them that the strategy was adjusted. The updates will take effect within one business day. You can change the allocation strategy at any time.

Was this article helpful?

|

Still can't find what you're looking for?

Chat with us->

How do I manage my allocation strategy?

For your primary Brex Cash account, you can choose a custom percentage or specific dollar amount for allocating funds between FDIC-insured cash and money market funds (MMF) by following the steps below. You can change the allocation strategy at any time.

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select Set custom allocation to edit the percentage or specific dollar amount of funds held in cash and MMF.

Step 5: Set preferences for handling future deposits–either maintain the same percentage split or set a cap for how much you’d like in FDIC or MMF.

Step 6: Review changes and click Confirm to save.

For secondary accounts and beyond, you will only have the option to choose 100% FDIC or 100% MMF. You can make this election when creating a new Brex Cash account or update it later by following these steps:

Step 1: Under the Brex tab on the top left of your dashboard, select Settings.

Step 2: In the Company tab, scroll down to Allocation and click Manage on the right.

Step 3: Choose an account and review the current allocation strategy. Hover over the information icons for more details. Click Manage.

Step 4: Select either 100% MMF or 100% FDIC. Review changes and click Confirm to save.

Once changes are made, all card and Brex Cash admins will receive an email notifying them that the strategy was adjusted. The updates will take effect within one business day. You can change the allocation strategy at any time.

Was this article helpful?

|

Still can't find what you're looking for?

Chat with us->