Mercury · Fintechs and neobanks
Mercury Business Account review
★ Top pick for startupsUSUpdated October 2026
Mercury is the default bank account for many US startups. The base plan costs nothing, domestic wires are free and the Mercury IO card pays 1.5% cashback on all spend.
Base plan$0Monthly
Domestic wires$0On the free plan
Card cashback1.5%Mercury IO card
Available inUSFintechs and neobanks
Treasi’s take
Who Mercury is best for
Choose Mercury if…
Venture-backed and early-stage startups and teams wanting free wires.
Look elsewhere if…
Businesses needing branch or cash services.
Mercury is the default bank account for many US startups. The base plan costs nothing, domestic wires are free and the Mercury IO card pays 1.5% cashback on all spend.
Details
Fees, features and eligibility
| Monthly fee | $0 (base plan) |
|---|---|
| Transfers | Free domestic wires |
| Account type | Fintech account (partner banks) |
| Currencies | USD |
| Who can open it | US businesses |
Source: Mercury published product information.
Pros and cons
What stands out
Pros
- $0 base plan
- Free domestic wires
- 1.5% cashback card
Cons
- No branches
FAQs
Mercury: common questions
Does Mercury charge for domestic wires?
No, domestic wires are free on the base plan.
What does Mercury cost?
The base plan is $0 a month.
Used Mercury? Help other businesses choose.
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