Brex
Brex Business Account
By Alex Compton · Last verified
Business checking, Treasury investments and a separate FDIC sweep Vault
Insurance: Checking at Column N.A., subject to the $250,000 FDIC limit and aggregation rules; separate Vault sweep offers up to $6 million subject to program conditions and per-bank limits. Treasury investments are not FDIC insured
Account Terms History
A dated record of APY, fees and opening requirements. New changes append to this table; prior terms remain visible.
| Observed | APY / yield | Monthly fee | Minimum | Evidence |
|---|---|---|---|---|
| 2026-10-23 | Estimated annualized Treasury total return 3.58%–3.93%; variable investment return, not savings APY | $0 (Essentials); Premium $12 per user monthly; Enterprise custom | No minimum Treasury deposit; business and card eligibility requirements apply | Brex business account, pricing, requirements and transfer help →Scoped review of Treasury return calculation, conditional Vault coverage, transfer timing and plan features. Removed unsupported highest-yield and fixed sub-account-count claims. Full-record verification date retained; overview and processing guide disagree on Vault timing. |
| 2026-10-12 | Treasury total return 3.56% ($0-$500k) up to 3.91% ($20M+); checking and Vault pay nothing | $0 (Essentials) | None (US-incorporated companies with an EIN only) | Brex business account and pricing pages →Treasury total return now 3.56-3.91% by balance tier; $6M Vault FDIC across 24 banks, Column N.A. checking and plan pricing reconfirmed; Brex is now a Capital One subsidiary |
| 2026-06-11 | Treasury money market yields ~4.01% (up to 4.36% at $20M+); checking and Vault pay nothing | $0 (Essentials) | None (US-incorporated companies with an EIN only) | Archive record · no attached snapshotLegacy snapshot before event-level evidence attachments |
Primary-source verification log
Append-only evidence ledger- changed
Scoped Treasury return, conditional Vault coverage, transfer timing and plan-feature review; preserved full-record verification date and previous history.
Fields: tagline, apy, fdic, plans, features, pros, cons, ourTake, bestFor, termHistory
Brex business account, pricing, requirements and transfer help → - changed
Treasury total return now 3.56-3.91% by balance tier; $6M Vault FDIC across 24 banks, Column N.A. checking and plan pricing reconfirmed; Brex is now a Capital One subsidiary
Fields: apy
Brex business account and pricing pages →
Plan Options
Essentials
$0
- ▸Business account, corporate cards, expense management, bill pay, and travel booking
- ▸Free same-day ACH, free domestic wires, unlimited free checks
Premium
$12 per user
- ▸Live budgets and policy compliance reporting
- ▸Advanced expense policies, approvals and multi-entity features
Enterprise
Custom
- ▸Dedicated senior support
- ▸Unlimited US or global entities and custom implementation
Features
- ▸Three-bucket structure: checking (Column N.A.), Treasury (money market fund), and Vault (FDIC sweep)
- ▸Treasury has no minimum deposit; estimated annualized return of 3.58%–3.93% combines DGVXX yield and a variable Brex additional return, assuming unchanged rates and reinvestment for a year
- ▸Treasury-to-checking transfers within one hour in the 8 a.m.–3 p.m. Eastern business-day window; later requests move to the next business day
- ▸Separate checking accounts for organizing business funds
- ▸Brex corporate charge cards with points rewards
- ▸Brex is now a wholly owned subsidiary of Capital One, N.A.
- ▸Built-in travel, expense management, and bill pay
Pros
- +No minimum Treasury deposit; investment risk and variable returns apply
- +Up to $6 million conditional FDIC coverage through the separate Vault sweep
- +Free wires, ACH, and checks
- +Card, travel, and expense platform included on the free tier
Cons
- −Sole props and unincorporated businesses are not eligible
- −Headline yield is a money market fund, not FDIC-insured interest
- −Vault timing differs across Brex help pages: overview says 1–2 business days; processing guide lists end-of-day processing before 1 p.m. Eastern. Confirm timing before a critical payment
- −Live budgets and advanced policies require $12/user Premium; basic rules are included in Essentials
Our Take
Brex combines operating accounts with corporate cards and expense tools. Use checking for payments, assess Treasury as a variable-return investment, and evaluate Vault separately for conditional deposit coverage and transfer timing. The advertised total return is an annualized estimate, not guaranteed bank interest. Paid plans add advanced controls; sole proprietorships are not eligible.
Best for: Eligible companies that want business cash management alongside cards and expense tools
Open at Brex →Last verified 2026-10-12
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