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Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

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31–40 of 128 posts

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#31

Thoughts in no particular order: 1. Tell me what the rewards are. Right now I get credit card reward points worth ~1.5% of my monthly spending; I'm not going to switch cards based on "we have fantastic rewards, trust us!" 2. Find a way to integrate with Stripe! They've already done all the AML/KYC stuff, and they also have plenty of information about my revenue. For that matter, why have money bounce via a bank accou…

1 - Today with Brex if you signup and have Brex be your primary card you get: $5k of AWS, $105 in Doordash and $105 on Instacart. Although we're building a new rewards program that will launch later this year, would love to hear your thoughts on what a great rewards program looks like for you.

2 - Interesting thought on the payment! Will investigate it. On the AML/KYC by regulation we can't rely on another party, we have to do our own :/

3 - Working on it!

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#32

Thoughts in no particular order: 1. Tell me what the rewards are. Right now I get credit card reward points worth ~1.5% of my monthly spending; I'm not going to switch cards based on "we have fantastic rewards, trust us!" 2. Find a way to integrate with Stripe! They've already done all the AML/KYC stuff, and they also have plenty of information about my revenue. For that matter, why have money bounce via a bank accou…

1 - Today with Brex if you signup and have Brex be your primary card you get: $5k of AWS, $105 in Doordash and $105 on Instacart. Although we're building a new rewards program that will launch later this year, would love to hear your thoughts on what a great rewards program looks like for you. 2 - Interesting thought on the payment! Will investigate it. On the AML/KYC by regulation we can't rely on another party, we…

> Today with Brex if you signup and have Brex be your primary card you get: $5k of AWS, $105 in Doordash and $105 on Instacart.

That's a hell of a sign up bonus! Is the $5K for entirely new AWS accounts or do existing accounts that sign up and update their current account with the new payment option as the primary get it as well?

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#34
post #32

Earlier quoted context omitted.

1 - Today with Brex if you signup and have Brex be your primary card you get: $5k of AWS, $105 in Doordash and $105 on Instacart. Although we're building a new rewards program that will launch later this year, would love to hear your thoughts on what a great rewards program looks like for you. 2 - Interesting thought on the payment! Will investigate it. On the AML/KYC by regulation we can't rely on another party, we…

> Today with Brex if you signup and have Brex be your primary card you get: $5k of AWS, $105 in Doordash and $105 on Instacart. That's a hell of a sign up bonus! Is the $5K for entirely new AWS accounts or do existing accounts that sign up and update their current account with the new payment option as the primary get it as well?

It works for existing customers! But it needs to be the first aws credits you’ve ever got. If you got AWS credits from someone else before, it wouldn’t be applicable.

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#36
post #28

Earlier quoted context omitted.

$5k of AWS is indeed incredible; can you share how you are able to offer such a generous benefit?

We partnered with AWS :)

Is this related to AWS Activate ? Can we still get the credit if we are already part of the Activate program ?

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#37

Boostrapping, so I pay corporate expenses out of a personal account on months when the corporate account is low: is this card right for me?

Probably not... most of the applications that are approved have some sort of 3rd party person/institution financing them. If you do end up raising money, then it’ll be right! Over time we hope to improve our credit model to support more bootstrapping startups

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#38

I looked at the page: https://brex.com/legal/prohibited_activities/ I am curious about the language that you have used - in particular the use of word "marijuana". What is the reason to use such derogatory, offensive and deeply racist term for cannabis? I thought that in 2018 tech companies wouldn't be using language of the 70s that has been used to promote hatred towards the users of this plant.

Thanks for the feedback. Coming recently from Brazil, we're still learning the appropriate language for a lot of things, since we mostly learned english from Brazilian english schools. So when we saw this page, it didn't occur to us that this was an offensive term. What are your suggestions of more appropriate terms? Just cannabis?

Yes, it is cannabis.

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#39
post #19

I looked at the page: https://brex.com/legal/prohibited_activities/ I am curious about the language that you have used - in particular the use of word "marijuana". What is the reason to use such derogatory, offensive and deeply racist term for cannabis? I thought that in 2018 tech companies wouldn't be using language of the 70s that has been used to promote hatred towards the users of this plant.

Please don't break the site guidelines by taking threads on generic flamewar tangents. https://news.ycombinator.com/newsguidelines.html

I did not intend to start a flame war, just wanted to highligh the fact that the page uses language that is deeply offensive to me. I think I have a right to do that especially that the authors were seeking an opinion. If you think I did break any rules I am happy for you or the moderator to delete my comment.

Re: Launch HN: Brex (YC W17) – Corporate Credit Card for Startups

#40
How is this different from a, for example, chase business credit card (or debit card for that matter)? If you have funding but no credit history you can get one. I was 19 when I got mine. I don't understand how connecting to my bank account provides 10-20x more credit if you're already verifying my startup's funding.
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