The Brex Card* is designed for well-funded startups, and as such, is not the easiest card to get approved for. It offers generous points earnings across a range of categories, with the highest designed for the sort of expenses a startup might have. Brex customers who make monthly payments on the card can earn rewards at the following rates:
Rewards: Earn 7 points per dollar on rideshare, 4 points per dollar on travel booked through Brex Travel, 3 points per dollar on restaurants, 2 points per dollar on recurring software and 1 point per dollar on everything else.
Welcome offer: Earn 30,000 points after spending $3,500 or 50,000 points after spending $9,000 in the first 30 days of account opening.
Annual fee: $0
Other benefits and drawbacks: While the Brex Card* is not technically a crypto card, Brex rewards points can be redeemed for bitcoin or ethereum at a rate of $7 worth of crypto per 1,000 points. Purchasing cryptocurrency with your Brex rewards will incur a network fee. Aside from the ability to convert your Brex points to crypto, the card offers exclusive savings and discounts for various business-related services like subscriptions to Slack, cash back at Apple, discounts on shipments with UPS and more.
It can also be a challenge to get approved for the Brex Card*, as Brex determines eligibility based on the cash a business has raised. Startups typically require a $50,000 minimum cash balance or must have received $100,000 in angel funding in order to get approved for this card. As a result, this card may be the best crypto credit card only for those eligible to get their hands on it.