Mercury 2025 Review

Mercury offers online banking tools for startups and growing businesses. The platform combines checking and savings accounts with automation, credit cards, bill pay, and expense tracking, designed to help companies manage financial operations in one place.

Mercury is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Evolve Bank & Trust, and Column N.A., Members FDIC.

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Pros

• No monthly fees for basic banking
• Up to $5M in FDIC insurance through partner sweep networks
• Free domestic USD wires and ACH transfers
• 1.5% cashback on credit card spending
• Automation tools for bills, invoices, and bookkeeping
• Accounting integrations with QuickBooks, NetSuite, and Xero

Cons

• No physical branches
• Some advanced tools require a paid plan
• Credit card access may require a deposit

How Does Mercury Work?

Mercury accounts are designed to support startups and tech-forward companies. Users can open checking and savings accounts, send payments, automate bill pay, and issue virtual or physical corporate cards. The platform allows spending controls, approval layers, and multi-user permissions.

Credit cards offer unlimited 1.5% cashback, and some accounts can access them with a lower deposit than traditional corporate card programs. Mercury also supports up to $5 million in FDIC insurance by distributing funds across multiple partner banks.

Expense management tools help businesses organize and reconcile transactions. Mercury syncs with accounting software and includes rules for categorizing expenses and managing receipts. Companies can set automated transfers and reimbursement policies and monitor spending across departments.

Key Features

• Business checking and savings accounts
• No monthly account fees
• Up to $5M FDIC insurance via partner banks
• 1.5% cashback on all credit card purchases
• Bill pay with Slack approvals and AI features
• Built-in fraud monitoring and access controls
• Automated bookkeeping tools
• Free ACH and domestic wire transfers
• QuickBooks, NetSuite, and Xero integrations
• Optional Treasury and financing tools
• Startup resources through Mercury Raise

_{Our site is regularly updated with new rates.
For the latest info, click here to visit Mercury's site.}

Final Thoughts

Mercury may appeal to startups and tech-enabled businesses that want to manage banking, payments, and financial workflows from one dashboard. The platform focuses on flexibility and automation rather than traditional banking services. For businesses that prioritize digital tools and control over spend, Mercury could be a useful option.

Visit Mercury ➜

_Mercury

Mercury reserves the right to change rates, fees, and other pricing. For the most up-to-date information and to explore Mercury's products, please click the button above to visit their site.

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