Broxel (broxel.com) is welcoming new customers with a $5 cash bonus for accounts in Mexico, and a $25 cash bonus for accounts in the United States. Earn an additional $5/$25 cash bonus for every person who claims their welcome reward using your unique referral link. See our referral page for more offers.
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In 2021, Mexicans living and working in the U.S. sent $51 billion in remittances. On average, money transfers from the United States to Mexico cost 5% in fees. Broxel was created to make remittances between these two countries easier, faster, and cheaper. Let’s go over Broxel details and their current offers below.
Broxel $25 Welcome Bonus
Use a referral link to get a $25 USD bonus for setting up an account with Broxel. This offer is valid for new customers only. Try one of the referral links below:
Broxel $5/$25 Referral Bonuses
Earn a $5 or $25 cash bonus for every person who uses your unique referral link to open a new Broxel account. If your referral opens an account in Mexico, you’ll get $5 USD, and they’ll get $100 MXN (worth $5 USD). If your referral opens an account in the U.S., both you and your referral will get a $25 cash bonus.
The bonus will post to your account up to 10 business days after your referral completes registration. There is no limit to how many people you can refer.
Broxel Features
Broxel is an easy way to send money from the United States to Mexico (and vice versa) with two accounts in one app. One account is in pesos, issued in Mexico, and the other is in USD, issued in the U.S. The platform also offers:
- Send funds instantly to a Broxel account or to bank accounts via ACH
- Reload via ACH, checks at Walmart, and at 100,000+ physical locations (7-11, Walgreens, CVS, etc.)
- A Mastercard prepaid debit card
- 6 free months of Broxel Travel membership (access to travel discounts)
Broxel is regulated in Mexico and the United States and is partnered with Metropolitan Commercial Bank, a member of the FDIC.
Broxel Fees & Exchange Rates
| Activation fee | $5.99 |
| Monthly fee | $3.50 (waived with 1 remittance/month) |
| Cardholder-to-cardholder transfer | $0.95 |
| Remittance fee | $3.99 |
| Card to bank | $1.99 |
See fee schedule details here.
Bottom Line
Broxel revolutionizes remittances between the United States and Mexico with quick, easy, and low-cost transfers. Plus, use a referral link to sign up and get a $25 welcome bonus.
You might want to consider other money transfer services like Remitly, MoneyGram and Wise.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
