STOA's verdictRating 7.8 out of 10
Mercury is a great fit if you run a startup or small business and want a free business bank account with no monthly fees or minimums.
You get solid perks like cashback on corporate cards and a strong APY on savings, which most traditional banks can't match. The main downside is that Mercury is not FDIC-insured directly — it works through partner banks — so if you need in-person banking or cash deposits, you'll need to look elsewhere.
Five factors, weighted · rubric v1How we rate
- SMB Fit 30%8.0 out of 10
The core Mercury account has no minimum balance or required monthly fee, and the Plus plan is $29.90 a month billed annually for added invoicing features.
