Mercury
Plus
Flat price, whole team$35.00
× 12 months$420.00
Per year
$3.50 per person / mo
$420
Mercury vs Relay
Compare with for .
Mercury
67%
match · $420/yr
Relay
70%
match · $360/yr
What matters most?
Fine-tune
What you'd pay
Entry plan for 10 people, billed yearly where offered. Prices checked Oct 2026.
Relay
Grow
Flat price, whole team$30.00
× 12 months$360.00
Per year
$3.00 per person / mo
$360
Mercury
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.
vs
Relay
From $30Free plan
G2 4.2 · 31 reviewsBootstrapped and early-revenue startups that want many sub-accounts, team cards and bill pay, and sometimes need to deposit cash.
Side by side
| Mercury | Relay | |
|---|---|---|
| Pricing | Free banking; optional Plus $35/month or Pro $350/month ($29.90 and $299/month billed annually) | Starter free; Grow $30/month; Scale $120/month (shown at $90/month for a limited time) |
| G2 Rating | Not yet verified | 4.2 (31 reviews) |
| Best For | 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. | Bootstrapped and early-revenue startups that want many sub-accounts, team cards and bill pay, and sometimes need to deposit cash. |
Pros and cons
Mercury
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
Relay
Pros
- Free plan with 20 checking accounts
- Cash deposits possible at Allpoint ATMs
- Published, per-plan wire and ACH fees
- Unlimited users with permission levels
Cons
- Outgoing wires cost $5 to $8 domestic and $20 to $25 via SWIFT
- Highest savings APY requires the Scale plan
- No treasury or money market option for large balances
Related comparisons
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Emily RodriguezUpdated October 2026
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 2026Accounting & FinanceEmily RodriguezUpdated October 2026
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