Is a Brex business account a bank account?

Brex business accounts are not bank accounts; they're cash management accounts offered by Brex Treasury (a FINRA-registered broker-dealer) that functions very much like a business bank account.

You can use your Brex business account to securely deposit checks (including via mobile app); send and receive payments via ACH, check, and wire—even internationally; and manage spend for your company’s different users.

Brex business accounts also allows you to choose how your money is stored. You can elect to keep your deposits at a Brex partner bank, and if you do, you’ll be eligible for FDIC insurance up to $6M in total. The other option is to invest your deposits into a government money market mutual fund. You can also use any combination of these two options.

No matter how you choose to store your funds, your Brex account gives you unlimited corporate credit cards for secure, convenient spending. The cards are automatically paid daily like a debit card—while giving you cash back on every purchase and building your business credit.

Note: Unlike debit cards, Brex cards cannot be used to make cash deposits or ATM withdrawals.


The Brex Mastercard® Corporate Credit Card is issued by Emigrant Bank, Member FDIC. Terms and conditions apply. See the Brex Platform Agreement for details.

Brex Treasury LLC is an affiliated, SEC-registered broker-dealer and member of FINRA and SIPC that provides
Brex business accounts, a program that allows customers to elect to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at partner banks. Maximum FDIC insurance of $250,000 per partner bank. Investing in securities products involves risk, including possible loss of principal. Brex Treasury is not a bank and your Brex business account is not a bank account. For customers sending wires, the recipient’s financial institution may charge a fee upon receipt of the wire. Please see for important legal disclosures. Past performance is not necessarily indicative of future results.

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