Mercury is a digital banking platform designed for startups and technology companies, offering FDIC-insured business checking and savings accounts with no monthly fees, API access, and built-in features for managing startup finances. It provides multi-user access, granular permission controls, integrations with accounting software, and a clean interface that finance teams and founders prefer over traditional business banking.
Mercury
Banking built for startups and tech companies.
Best for: Startups and tech companies who want a modern bank account with powerful APIs, no fees and startup-friendly features.
- Free plan
4.7/5 ratingEditorial score 93/100mercury.com
The editorial note
What to know about Mercury
Is it right for you?
Who Mercury suits
Choose it if
- Startups and tech companies who want a modern bank account with powerful APIs, no fees and startup-friendly features.
Look elsewhere if
- Businesses requiring cash deposits, complex treasury management, or in-person banking services — traditional banks like Chase Business or Bank of America are necessary for those needs
What you get
Key features
- No-fee business checking and savings
- Multi-user team access with permissions
- API and webhook access
- Debit cards and virtual cards
- Check deposits via mobile app
- ACH and wire transfers
- QuickBooks and Xero integration
- Treasury for higher-yield savings
Works with
Integrations8
What it costs
Pricing
| Plan | Price | What it includes |
|---|---|---|
| Free | FreeBilled monthly | Business checking & savings, no fees, Mercury debit card, wire transfers, ACH |
| Team | $35 / monthBilled monthly | Multi-user access, approval workflows, bill pay, spend management, bookkeeping |
| Enterprise | CustomBilled monthly | High-volume transactions, dedicated support, custom workflows, API access |
Prices are recorded from the vendor's public pricing page and can change. Check before you buy.
The trade-off
Pros and cons
Pros
- No monthly fees and no minimum balance requirements — free for startups and small businesses
- API and webhooks enable programmatic financial operations for fintech and engineering teams
- Excellent multi-user permissions with custom roles for finance teams and investors
- Integrates natively with QuickBooks, Xero, and Stripe for automated bookkeeping
- Beautiful, modern UI that's far more pleasant than traditional bank portals
Cons
- No physical branches or ATM network — not suitable for cash-heavy businesses
- Customer support can be slower than traditional banks for urgent issues
- Mercury is not a bank itself — deposits held at partner banks (Evolve Bank & Trust, Choice Financial)
- International wire fees and some limitations versus larger business banks
Quick read
At a glance
- Category
- Finance & Business Services
- Pricing model
- Free
- Entry plan
- Free
- Free plan
- Available
- Free trial
- Not listed
- Website
- mercury.com
The verdict
Our take on Mercury
The best bank for startups — no fees, powerful API and startup-native design make Mercury the default banking choice for funded companies.
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