I’m not sure of Brex’s business and if it will work in the long run. But it’s painfully obvious that they’re losing the battle to this big bank for startups business and even their managers admit it. The offerings aren’t even close.
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Brex is loosing or Chase?
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B is winning
End of conversation
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The big banks can’t compete. I was a
@Chase customer for years - biz, personal, merchant, mortgage, credit cards and they suddenly said they couldn’t verify my identity so closed my personal accounts. That was a year after they approved my mortgage.
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The
@brexHQ has been so great that when they offer personal finance products I’ll finally make the effort to swith from BOA.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Brex is great, it is not a credit card. Brex is a charge card (ala Amex). You cannot carry a balance. Your spending limit is essentially 20% of your current bank balance. They also can ACH the amount you owe them from your account at any time.https://www.nerdwallet.com/blog/credit-cards/brex-card/ …
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