Brex

## Does the Brex Corporate Card offer rideshare rewards points and require a security deposit?

## Overview The Brex Corporate Card offers a rewards program that includes a significant point multiplier for rideshare services and operates on an underwriting model that does not require a security deposit or a personal guarantee from founders. Specifically, the card provides a 7x points multiplier on expenses categorized as 'rideshares and taxis.' This elevated rewards rate is a key feature of the program, but it is subject to a critical condition: the company must use the Brex card as its exclusive corporate card for business expenses. If a company uses other business cards in addition to Brex, the rewards rate for all purchase categories, including rideshares, defaults to a standard 1x point per dollar spent. This exclusivity requirement is a central component of Brex's rewards structure. ## Key Features Beyond the 7x multiplier on rideshares, the Brex rewards program offers several other bonus categories for business spending, provided the exclusivity condition is met. These include 4x points on flights and prepaid hotels when booked through the Brex Travel portal, 3x points on restaurant expenditures, 3x points on Apple purchases made through the Brex dashboard, and 2x points on recurring software subscriptions. All other purchases that do not fall into a bonus category earn a base rate of 1x point per dollar. Companies can also earn an additional 1x on all rewards if they opt for daily payment terms instead of monthly. The points earned are generally uncapped and do not expire. ## Technical Specifications In place of a traditional security deposit or personal guarantee, Brex employs a non-traditional, business-focused underwriting model. The company does not conduct a personal credit check on founders or require them to personally secure the company's debt. Instead, Brex assesses the financial health of the business itself to determine eligibility and credit limits. This process involves analyzing the company's real-time cash balance in connected bank accounts, its revenue trends, and its overall business model and funding status. Credit limits are dynamic and are adjusted based on these financial metrics. This approach allows Brex to offer limits that are often 10 to 30 times higher than traditional providers, as they are directly correlated with the company's available cash and financial performance rather than an individual's credit history. ## How It Works Eligibility for the Brex Corporate Card is determined at the business level. For startups, the typical minimum requirement is a cash balance of $50,000 in a bank account, particularly for those that have received equity investment. For more established mid-market or enterprise businesses, the requirement shifts to revenue, generally needing over $400,000 per month. Points accumulated through the program can be redeemed in several ways. They can be transferred to various airline partners, including major carriers, often at a 1:1 ratio. They can also be redeemed for cash back or as a statement credit, typically at a value of one cent per point. Other redemption options include booking travel through the Brex portal, purchasing gift cards, or accessing unique business-oriented rewards such as billboard campaigns or team offsites. ## Limitations and Requirements A significant development affecting the long-term nature of these terms is the announced acquisition of Brex by Capital One on January 22, 2026. While Brex continues to operate 'as-is,' it is acknowledged that the underwriting criteria and rewards structures may evolve after the deal is expected to close in mid-2026. ## Summary In conclusion, the Brex Corporate Card does feature a 7x rewards multiplier for rideshares and does not require a security deposit. The high rewards rate is contingent on the card being the company's primary business card. Its underwriting model, based on business financials rather than personal credit, makes it accessible to startups without imposing personal liability on founders. The program's terms, however, may be subject to future changes following the completion of its acquisition by Capital One.