Mercury Startup Deals & Discounts

What our listing shows. An application-based deposit bonus: $500 back for $10,000 deposited within 90 days in one version, and a $250 credit for the same deposit within the first 90 days in another, which our listing limits to US-based businesses. We could not confirm which version a new account receives, and Mercury sets the terms, so check the exact figure and deadline before you move money.

Reading the numbers. The bonus works out to 5% of the deposit at $500 and 2.5% at $250. One of the two entries on our listing carries a value of $10,000, which is the deposit you must make, not what you receive; the other is valued at $250. Mercury's own pricing page does not describe either bonus, so these terms come from our listing.

What the bonus covers. The base account costs $0 a month. Mercury Plus costs $35 a month when paid month to month, so a $250 credit equals about 7 months of Plus and $500 equals 14 months.

Next to the catalog. Rho lists $1,600 back for a $20,000 minimum balance held for 60 days, which is 8% of that balance, a higher rate for a larger balance held for a shorter time. Brex lists 50,000 points for $100,000 in deposits, and Novo's best headline is $10,000. Mercury's $10,000 bar is half of Rho's $20,000 and a tenth of Brex's $100,000, with 90 days to meet it.

A newly incorporated US startup opening its first business account. Free checking and savings, free ACH and wires, and cards with cashback cover the early months, and a $10,000 deposit is within reach for a startup that has just raised money.

A team that pays contractors abroad. USD international wires are free; only non-USD wires carry a 1% currency fee and card payments abroad carry 3%.

A founder who wants accounting automatic. Bank feeds and categorizations sync with QuickBooks Online and Xero, and Xero access is free for 3 months on the base plan and 6 on the paid plans.

Skip it if the business is not based in the US. Our listing states the bonus requires a US-based business.

Skip it if you cannot make a $10,000 deposit in the first 90 days. Our listing ties the bonus to that deposit, so a smaller one would not meet the condition as listed.

Skip it if you need a branch or cash deposits. Mercury is an online platform, and it is not itself an FDIC-insured bank.

Mercury's pricing page shows the annual-billing prices first ("15% off"); the month-to-month prices are $35 for Plus and $350 for Pro. The page lists three plans:

Plan	Month to month	Annual view	Extras
Mercury	$0 a month	$0 a month	Banking, payments, cards, invoicing, bill pay, accounting sync
Plus	$35 a month	$29.90 a month	Recurring invoices, ACH-debit invoicing at $1 per transaction, unlimited 1099 filings, 6 months of Xero
Pro	$350 a month	$299 a month	Relationship manager, ACH-debit invoicing at $0, NetSuite categorizations

Treasury opens at a $250K balance, with a yield of up to 4.05%.

Cost of the paid plans. Over 12 months Plus is $420 month to month or $358.80 on the annual view, and Pro is $4,200 or $3,588. A $250 bonus covers about 7 months of Plus at $35 and $500 about 14, so a startup that wants the extras can put the bonus toward them. The free plan covers most early needs, and some fees remain even there: 1% on non-USD international wires, 3% on non-USD card transactions and $5 per 1099 filing.