Mercury
Online business banking for startups, with free checking, cards, bill pay and treasury in one dashboard.
Updated · AppBreakup editorial · Web, iOS, Android
Is Mercury free?
Free plan, plus paid plans
- Base plan:
- $0/month
Checked on Mercury's site Nov 8, 2026
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- 4 of 4
- Alternatives ranked
- 8
- Approved reviews
- 0
- Visits sent from here
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About Mercury
Mercury is a US fintech company that offers business checking and savings accounts through partner banks, built mainly for startups and online companies. The free plan includes accounts with no monthly fee or minimum balance, free domestic and USD international wires, ACH, debit and credit cards, expense management, invoicing and bill pay. Higher balances unlock a treasury product for earning yield, and paid plans add workflow features such as recurring invoices, ACH debit invoicing, NetSuite categorization and a relationship manager. Deposits are swept across a partner network for higher FDIC coverage than a single bank account. Mercury is popular with venture-backed startups and with founders abroad who run a US company, and it connects to accounting tools and has an API. It is not a bank, offers no cash deposits, and non-USD transfers carry a currency fee, so it fits online businesses better than cash-heavy ones.
Best for: US startups and online companies that want free, software-style business banking.
Mercury pricing (checked Nov 8, 2026)
Each line is quoted from Mercury's own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| Base plan | $0/month | Nov 8, 2026 | mercury.com |
| FDIC coverage | Up to $5M via partner banks | Nov 8, 2026 | mercury.com |
Pros and cons
What works
- No monthly fees, overdraft fees or minimum balances
- Free domestic wires, ACH and USD international wires
- Extended FDIC coverage through partner bank sweeps
Why people leave
- Not a bank; accounts are held at partner banks
- 1% currency exchange fee on non-USD international wires
- US companies only, and no cash deposits
Mercury vs Payoneer, Brex and Wise
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
Top Mercury alternatives
See all 8- 1
Payoneer57.5Works for non-US businesses without a US entity that get paid from marketplaces.
- 2
Brex52.6Corporate cards and spend management for funded startups, with business accounts alongside.
- 3
Wise51.2Better for holding and converting many currencies when most clients are abroad.
- 4
Ramp50.0Corporate cards, bill pay and expense controls with accounting sync, if spend management mattered more than the bank account.
- 5
Qonto42.3The closest equivalent for European companies that need a local IBAN and business cards.
Why people left Mercury
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
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Reviews
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Mercury: common questions
What is Mercury?
Mercury: Online business banking for startups, with free checking, cards, bill pay and treasury in one dashboard. Best for US startups and online companies that want free, software-style business banking. Available for Web, iOS and Android.
Is Mercury free?
Mercury has a free plan and paid plans.
How much does Mercury cost?
Mercury is free with paid plans. Base plan: $0/month; FDIC coverage: Up to $5M via partner banks. Checked on Mercury's own site, November 2026.
Is Mercury open source?
No, Mercury is not open source.
What platforms does Mercury run on?
Mercury is available for Web, iOS and Android.
What are the best alternatives to Mercury?
The highest-ranked Mercury alternatives right now are Payoneer, Brex and Wise. See the full ranked list for pricing, platforms and verified facts.
Mercury vs Payoneer: what's the difference?
Mercury is free with paid plans; Payoneer is a paid product. Both run on Web, iOS and Android.