Discussion
Would you recommend this product?
19 Reviews
Maker
Hey Product Hunt -- I lead the Brex Cash product, and excited to have @chrismessina hunt this for us! Read on for the details...
Tl;dr: You can now open an account with Brex and replace your bank account. It’s designed to be the primary operating account for your business, gives you free ACH & wire transfers, and your cash earns a yield of 1.6% or more.
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Brex Cash is a business bank account replacement which you can set up online within minutes.
Brex Cash benefits:
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🆓 Zero fees on transactions including wire transfers (no limit)
📈 Earn a yield of 1.6% or more on your cash deposits (no minimum), where 1.6% is calculated as the 7-day yield as of 10/1/19
💰 Get Brex reward points every time you do a transaction (ACH, wire, card)
🏦 One account for your deposits (no transfer limit of 6 transactions/month unlike typical savings accounts)
🖥️ Beautiful and intuitive UI that gives you back time to run your business, not muck around with your online bank interface
What can I use this for
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Brex Cash is designed to be the primary operating account for your business:
• You get a dedicated account and routing number that you can hook up with your payroll, expense management, invoicing provider, etc.
• You can send and receive ACH and wires (no fees, no limit) to pay your vendors and receive money from others.
• It works seamlessly with the Brex Card; spend and earn rewards while also transacting from Cash. Users of both Card and Cash products get up to 50% higher spending limits.
How can I get it:
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Go through the ProductHunt link and we'll get you priority access!
Upvote (18)Share
@ritikmalhotra Hey Ritik, Brex Cash looks real good! Similar to N26 or Revolut? How about an interview about it at StartupRadius.com? Send me a message to paul_AT_startupradius.com if interested.
Maker
@paul_shuteyev Thanks! Similar in that we're also taking a digital-first approach, but different in that we're addressing a different market (business vs. consumer accounts).
This is awesome. We have been using Chase for last few years and they charge us $240 a month in wire fees. Looking forward to trying this.
Maker
I got a chance to check out the beta a few days ago and am very excited to see it launch. I really like the way Brex implemented the integration of Cash with the card - they made made some design decisions which make it as simple as possible which I think was the right call.
Maker
Love it guys, so far a happy customer and keep it coming.
Maker
Brex is taking over! Appreciate the rewards still + some yield. Can't wait to get started and pull more of my money out of big banks. If only I could personally bank with Brex, too!
Maker