Brex is a financial technology company that provides a business account, corporate cards, and spend management for United States incorporated companies, popular with funded startups and scaling firms. The account has no monthly fee. As of 1 June 2026.
- Who it suits
- United States incorporated startups and scaling companies, often venture or professionally funded, that want a digital account with corporate cards, spend management, and no monthly fee.
- Broadly available in
- The United States. The business must be a United States incorporated entity. As of 1 June 2026.
- Headline monthly fee
- No monthly account fee and no minimum balance on the business account. Spend management software plans add features at a monthly cost. As of 1 June 2026.
- Account type
- Business account held through FDIC member program banks and a money market fund. Brex is a fintech, not a bank.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Brex provides a business account, corporate cards, bill pay, expense and travel management, and treasury features aimed at United States incorporated startups and growing companies. It is a financial technology company, not a bank, and account funds are held through program banks that are members of the FDIC and, for some balances, in a government money market fund. The business account has no monthly fee, while spend management software plans add features at a monthly cost. As of 1 June 2026.
Strengths
No monthly account fee and no minimum balance, free standard ACH and domestic and international wires, corporate cards and spend controls, expanded FDIC eligibility through sweep networks, and integrated expense, bill pay, and travel tools. As of 1 June 2026.
Limitations
It serves United States incorporated entities only, so it does not replace a local bank account in other countries, and sole proprietorships and unincorporated businesses are not eligible. It is a fintech rather than a bank, deposit insurance covers the failure of an insured program bank rather than Brex, and some features target funded companies. Verify current terms with Brex.
Fees and features
| Monthly fee | No monthly account fee and no minimum balance on the business account. Spend management software plans, such as the paid Essentials and higher tiers, add features at a monthly cost. As of 1 June 2026. |
|---|---|
| Transaction fees | No fee on standard ACH transfers and domestic and international wires on the account. Some advanced or high volume features can carry fees. As of 1 June 2026. Verify the current rate card with Brex. |
| FX fees | International wires and foreign currency payments can carry fees that vary by route and currency. Unclear at a single headline rate, so verify with Brex. |
| Minimum deposit | No account minimum and no account opening fee. As of 1 June 2026. Verify with Brex. |
| Multi currency | The account is United States dollar based. International United States dollar payments are supported, and some currency features carry fees. As of 1 June 2026. Verify with Brex. |
| Integrations | Accounting integrations including QuickBooks, Xero, and NetSuite, an API, corporate cards, bill pay, and expense and travel management. Verify current integrations with Brex. |
| Eligibility | Businesses incorporated in the United States with an Employer Identification Number, such as an LLC, S corporation, C corporation, or limited partnership. Sole proprietorships are not eligible, and Brex is aimed at funded startups and scaling companies. As of 1 June 2026. Verify eligibility with Brex. |
Open a Brex business account
Brex serves United States incorporated businesses. Fees and eligibility shown as of 1 June 2026. Confirm current terms with the provider before applying.
Visit Brex →Brex by country
Brex accounts are for United States incorporated entities. The country page below explains availability and fees, as of 1 June 2026.
Questions about Brex
Is Brex a bank?
Does Brex charge a monthly fee?
Who can open a Brex account?
Are funds in a Brex account FDIC insured?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 1 June 2026. Confirm current terms with Brex before applying.