# Brex Banking vs Bluevine Business Banking

Source: https://nachonacho.com/compare/brex-banking-vs-bluevine-business-banking

Choose Brex Banking if your incorporated company wants banking alongside corporate cards, spend management, and treasury; choose Bluevine Business Banking if you want interest-bearing checking, cash deposits, and small-business banking tools. Both offer online business accounts, payments, invoicing, and accounting integrations. The key distinction is where you want to earn a return: Brex offers a variable yield on money invested in its Treasury money market fund, while Bluevine offers APY on eligible checking balances.

## At a glance

| | Brex Banking | Bluevine Business Banking |
| --- | --- | --- |
| Business eligibility | U.S.-registered companies; no sole proprietors | Qualified U.S.-registered businesses; eligible sole proprietors |
| Where balances earn a return | Variable yield on Treasury money market fund investments | Checking APY: 1.3% Standard, 1.75% Plus, 3.0% Premier |
| FDIC coverage | Up to $6M through Vault partner banks; Treasury fund not FDIC-insured | Up to $3M on eligible checking deposits through partner banks |
| Monthly price | $0 business account maintenance; Essentials $0/user, Premium $12/user | Standard $0; Plus $30 and Premier $95, both waivable |
| Outgoing payment fees | $0 domestic wires and ACH | Standard: $15 domestic wires; $10 same-day ACH |
| Physical cash deposits | Not supported | Green Dot locations and Allpoint+ ATMs; fees apply |
| Separate checking accounts | Up to 512 checking accounts per EIN | 5, 10, or 50 sub-accounts by plan |
| Cards | Corporate cards with spend controls | Physical and virtual business debit cards |
| Financing | Corporate cards | Business line of credit up to $250,000, subject to approval |
| Accounting integrations | QuickBooks Online, Xero, NetSuite, Sage Intacct, and others | QuickBooks Online, Xero, Wave, and FreshBooks |
| Platforms | Web dashboard; iOS and Android apps | Web dashboard; iOS and Android apps |
| Live support | 24/7 phone and chat | Phone, email, and chat during business hours; Premier priority |

## Which to choose

### Choose Brex Banking if

- Incorporated companies combining banking with corporate cards and spend management
- Teams that regularly send domestic wires or same-day ACH payments
- Businesses seeking a separate Treasury investment option with same-hour liquidity
- Companies needing numerous separate checking accounts

### Choose Bluevine Business Banking if

- Eligible sole proprietors seeking business checking
- Businesses that regularly deposit physical cash
- Owners who want to earn APY on eligible checking balances
- Teams seeking debit cards and an optional business line of credit

## Verdict

Brex is the better fit for an incorporated company that wants to manage cards, spending, payments, and cash in one platform, particularly if free outgoing wires and same-day ACH matter. Bluevine is the better fit for a small business or eligible sole proprietor that needs cash deposits, debit cards, and interest-bearing checking. Compare the insurance terms before choosing where to hold a large balance: Brex Treasury investments are not FDIC-insured, while its Vault deposits and eligible Bluevine checking deposits have separately stated coverage.

## Questions

### Can a sole proprietor open either account?

Brex does not currently accept sole proprietors or unincorporated partnerships. Bluevine Business Checking accepts eligible sole proprietors, subject to its account requirements.

### Is the money earning a return FDIC-insured?

Brex Treasury earns a variable yield through a money market fund, which is not FDIC-insured; Brex separately offers up to $6 million in FDIC coverage for eligible Vault deposits through partner banks. Bluevine advertises up to $3 million in FDIC coverage for eligible checking deposits through its partner banks.

### What does each account cost per month?

Brex publishes no opening or maintenance fee for its business account; its Essentials software plan is $0 per user per month, while Premium is $12 per user per month. Bluevine Standard is $0 per month; Plus is $30 and Premier is $95 per month, with fees waivable when both the relevant balance and debit-card spending requirements are met.

### Which account lets me deposit cash?

Bluevine supports physical cash deposits at participating Green Dot locations and Allpoint+ ATMs, with applicable fees and limits. Brex says physical cash cannot be deposited into its business account.

### Can I earn interest without moving money out of checking?

Bluevine offers APY on eligible checking balances: 1.3% on up to $250,000 with Standard when monthly eligibility requirements are met, 1.75% on up to $250,000 with Plus, and 3.0% on all balances with Premier. Brex says uninvested cash earns no yield; its variable yield applies to money invested in Treasury.

### How do wire and same-day ACH fees compare?

Brex lists $0 for outgoing domestic wires and ACH transfers. Bluevine charges $15 per domestic wire and $10 per same-day ACH payment on Standard, with lower fees on Plus and Premier; standard ACH is free.

### Do both offer separate accounts for budgeting?

Brex says approved account admins can have up to 512 separate checking accounts under one EIN. Bluevine includes up to 5 sub-accounts on Standard, 10 on Plus, and 50 on Premier.

### Can I still open a Bluevine account after its announced acquisition?

Yes. Bluevine continues to offer applications for Business Checking. It announced an agreement to be acquired by Valley National Bancorp on September 28, 2026, and says its accounts and access remain unchanged while the proposed transaction awaits closing.

## Product pages

- Brex Banking: https://nachonacho.com/product/brex-bank
- Bluevine Business Banking: https://nachonacho.com/product/bluevine