Mercury is a financial technology company that provides business banking for United States companies through partner banks, popular with startups and technology firms. It has a free plan with no monthly fee. As of 11 October 2026.
- Who it suits
- United States registered startups and growing companies, including those with founders based abroad, that want a digital first account with no monthly fee on the free plan and modern software.
- Broadly available in
- The United States. The business must be a United States entity, though founders living in many countries can apply. As of 11 October 2026.
- Headline monthly fee
- Free plan with no monthly fee. Paid plans add features, with Plus about 35 US dollars a month and Pro about 350 US dollars a month. As of 11 October 2026.
- Account type
- Checking and savings provided through FDIC member partner banks. Mercury is a fintech, not a bank.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Mercury provides checking and savings accounts, cards, payments, and treasury tools aimed at United States startups and growing companies. It is a financial technology company, not a bank, and the underlying accounts are held at FDIC member partner banks including Choice Financial Group and Column N.A. Mercury has been moving away from one earlier partner and, in April 2026, received conditional approval from the United States regulator to form its own national bank, which was still in progress. The free plan has no monthly fee, while paid plans add invoicing, expense, and workflow features. As of 11 October 2026.
Strengths
A free plan with no monthly fee and no minimum balance, modern software with accounting and treasury tools, expanded FDIC coverage through sweep networks, and access for many founders based outside the United States as long as the business is a United States entity. As of 11 October 2026.
Limitations
It serves United States entities only, so it does not replace a local bank account in other countries. It is a fintech rather than a bank, deposit insurance covers the failure of an insured partner bank rather than Mercury, and some founder countries and regions are not supported. Verify current terms with Mercury.
Fees and features
| Monthly fee | Free plan with no monthly fee. Plus is 35 US dollars a month and Pro is 350 US dollars a month on monthly billing. Billed annually, they work out at 29.90 and 299 US dollars a month. As of 11 October 2026. |
|---|---|
| Transaction fees | No monthly fee or overdraft fee on the standard account. Domestic and international US dollar wires carry no Mercury fee. Non US dollar card transactions carry a 3% currency exchange fee. As of 11 October 2026. Verify the current rate card with Mercury. |
| FX fees | International wires sent in a currency other than US dollars carry a 1% currency exchange fee. Non US dollar card transactions carry a 3% fee. As of 11 October 2026. Verify with Mercury. |
| Minimum deposit | No account minimum and no account opening fee. As of 11 October 2026. Verify with Mercury. |
| Multi currency | Accounts are United States dollar based. International United States dollar payments are supported, and some currency features carry fees. As of 11 October 2026. Verify with Mercury. |
| Integrations | Accounting integrations including QuickBooks and Xero, an API, bill pay, expense management, and treasury tools. Verify current integrations with Mercury. |
| Eligibility | Businesses formed and registered in the United States or a United States territory, with United States operations or plans. Founders in many countries can apply, though some regions are not supported. As of 11 October 2026. Verify eligibility with Mercury. |
Open a Mercury business account
Mercury serves United States registered businesses, including many with founders based abroad. Fees and eligibility shown as of 11 October 2026. Confirm current terms with the provider before applying.
Visit Mercury → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.Mercury by country
Mercury accounts are for United States entities. The country pages below explain whether founders based in each market can open a United States Mercury account, as of 11 October 2026.
Questions about Mercury
Is Mercury a bank?
Does Mercury charge a monthly fee?
Who can open a Mercury account?
Are funds in a Mercury account FDIC insured?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with Mercury before applying.