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From $35Free plan

Incorporated US startups, including VC-backed teams and companies with non-US founders, that want free wires, high FDIC coverage and a clean banking dashboard without a monthly fee.

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Quick overview

Pricing
Free banking; optional Plus $35/month or Pro $350/month ($29.90 and $299/month billed annually)
Plans
Mercury (free): checking and savings, ACH, domestic wires, USD international wires, real-time payments and mailed checks at $0, debit and IO credit cards, bill pay, invoicing, QuickBooks Online and Xero automations, bank feeds to QuickBooks Online, Xero and NetSuite; 1099 filing at $5 per filing. Mercury Plus: $35/month billed monthly or $29.90/month billed annually; adds recurring invoices, invoice ACH debit at $1 per transaction, unlimited 1099 filings, priority support. Mercury Pro: $350/month billed monthly or $299/month billed annually; adds a relationship manager, invoice ACH debit at $0, NetSuite categorizations. Fees: 1% currency exchange fee on non-USD international wires; optional $15 flat fee for OUR-coded USD international wires; 3% fee on non-USD card transactions. No cash deposits. Mercury charges no ATM fee (ATM operator fees may apply). Mercury Treasury (investment account via Mercury Advisory, LLC) requires $250,000 across Mercury accounts. Banking services through Choice Financial Group and Column N.A., Members FDIC; up to $5M FDIC coverage through partner banks' sweep networks.
G2 rating
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Comparisons
Featured in 2 comparisons

Key features

  • $0 ACH, domestic wires and USD international wires on every plan
  • Up to $5M FDIC coverage through partner banks' sweep networks
  • IO Mastercard charge card with 1.5% cashback and no personal credit check
  • Mercury Treasury for balances of $250,000 or more (investment, not FDIC-insured)
  • Bank feeds to QuickBooks Online, Xero and NetSuite on the free plan

Pros

  • No monthly fee and no minimum balance on core banking
  • Free domestic and USD international wires
  • Up to $5M in FDIC coverage through sweep networks
  • Accepts US-formed companies whose founders live in many countries

Cons

  • No cash deposits
  • Treasury yield only unlocks at $250,000 in Mercury balances
  • 1% fee on non-USD wires and 3% on non-USD card spend

Mercury in our comparisons

Accounting & Finance

Best Business Bank Accounts for Startups

Mercury is the best default business bank account for most US startups: no monthly fee, $0 domestic and USD international wires, and up to $5M in FDIC coverage through partner banks' sweep networks. Choose Brex if you are funded and want cards and spend management in the same product, or Chase if you handle cash.

+1
Emily RodriguezUpdated October 2026
Accounting & Finance

Mercury vs Brex

Choose Mercury if you want the best all-round business bank account with free wires and a simple 1.5% cashback card. Choose Brex if you need a corporate card with detailed spend controls, global coverage or treasury yield below $250,000.

+1
Emily RodriguezUpdated October 2026