Mercury
digital-banking · USMercury is a digital-first banking platform built specifically for startups and technology companies. It offers business checking and savings accounts, corporate cards, and a suite of treasury and API tools — all accessible through a clean, developer-oriented interface. Mercury distinguishes itself with free domestic and international wires, a well-documented API for automated banking workflows, and fund-sweep controls for FDIC pass-through coverage across partner banks. Its Pro tier ($299/month, billed annually) adds NetSuite integration automation and a dedicated relationship manager. Treasury yield access requires a $250,000 minimum balance. Mercury does not charge monthly fees for its base tier, which includes checking, savings, API access, and free wires. Mercury is a financial technology platform, not a bank. Banking services are provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.
Quick Answer
Mercury is designed for smb businesses. Pricing starts at $299/mo. A free tier is available. Best suited for US-based businesses. Developer-friendly API with SDKs makes it the best choice for tech-forward startups that want to automate banking workflows
Pricing
// verify pricing before launch — prices shown may not reflect current vendor rates
Key Features
- •Business checking and savings accounts with FDIC pass-through coverage
- •Free domestic and international wires on the base tier
- •Developer API with SDK support for automated banking workflows
- •Mercury Pro tier with NetSuite integration and dedicated relationship manager
- •Fund-sweep and treasury yield features for balances above $250,000
- •Corporate cards with configurable spending limits per employee
- •Integration with Stripe, Shopify, and common startup tools
- •Team-based account access with role-based permissions
Pros
- +Developer-friendly API with SDKs makes it the best choice for tech-forward startups that want to automate banking workflows
- +Free domestic and international wires save significant costs compared to traditional banks that charge $15–$50 per wire
- +Fast and straightforward approval process for LLCs and Delaware C-corps — accounts open in days, not weeks
- +Strong safety infrastructure with fund-sweep controls that distribute balances across partner banks for FDIC pass-through coverage
- +Clean, intuitive interface designed by and for startup founders — no outdated banking UX
Cons
- −No cash deposit support — Mercury is not suitable for businesses that handle physical cash
- −Does not serve sole proprietorships or unregistered businesses; you need a formal business entity (LLC, Corp) to open an account
- −Certain high-risk industries (crypto, cannabis, adult entertainment) are explicitly excluded during onboarding
- −Idle cash below the $250,000 threshold does not earn yield — balances need to be substantial to benefit from treasury features
- −No payroll integration — you'll need a separate payroll provider like Gusto or Rippling
Platforms
Integrations
Compare Mercury with other tools
See how Mercury stacks up against Brex and Novo and Relay side by side.
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Reviewed by Finatune · Last updated 2026-07-03