What are the differences between making daily and monthly payments?

Brex customers approved for the monthly payments card and a Brex Cash account have the ability to switch between a monthly payment cycle and a daily payment cycle. Please review the different features below.

Daily payments

Credit limit: Calculated as 100% of your Brex Cash account balance. Connected bank accounts will not be taken into account.

Payment due: Daily

Autopay account: Brex Cash

Rewards: Extra 1x points boost in some spend categories (read What rewards does Brex offer? for more information).

Rewards redemption:

  • Cash back

  • Gift cards

  • Travel

  • Transfer to miles

Monthly payments

Credit limit: Calculated as up to 5-20% of your aggregate bank balance + 30% of your Brex Cash balance. Read How do Brex credit limits work? for more information.

Payment due: Monthly. (If you have a Brex Cash account in addition to a card with monthly payments, you can switch between a monthly payment cycle and a daily payment cycle).

Autopay account: Any linked bank account, including Brex Cash.

Rewards: Read What are the benefits of making daily payments? for more information.

Rewards redemption:

  • Cash back (if you have a Brex Cash account)

  • Statement credit

  • Gift cards

  • Travel

  • Transfer to miles

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