Mercury
Startup founders ditch the banking hassles! Mercury is your free business account with instant cards, zero fees, and built-in growth tools. Build your dream, not spreadsheets.
What is Mercury?
Mercury is a fintech company offering business banking specifically designed for startups and tech-focused businesses. Think of it as a bank built for the modern, fast-paced world of entrepreneurs.
Here's what makes Mercury stand out:
No fees: Ditch the monthly maintenance charges and overdraft penalties! Mercury boasts free business checking and savings accounts.
Speed and simplicity: Open an account in minutes online, manage everything through their intuitive app, and enjoy features like instant virtual cards and seamless integrations with popular business tools.
Built for founders: Mercury understands the unique needs of startups. They offer features like team permissions, venture debt options, and treasury management tools to help you grow your business.
Security and reliability: Your money is safe with Mercury. They partner with FDIC-insured banks and employ robust security measures.
In a nutshell, Mercury is all about making banking easier and more efficient for startups. They take care of the financial nitty-gritty, so you can focus on what matters most: building your dream business.
Here are some additional benefits of using Mercury:
- No minimum balance requirements: Don't worry about keeping a certain amount in your account.
- Integrations with popular tools: Streamline your workflow with tools you already use.
- Scalability: As your business grows, Mercury can grow with you.
If you're a startup founder looking for a banking partner that understands your needs and can help you succeed, Mercury is definitely worth checking out.
How I use Mercury
Mercury is my online bank of choice for my businesses. It integrates nicely with QuickBooks, which makes accounting easy, and has an excellent online dashboard so I can see my finances easily. The fact that there are no monthly fees and I could open the account online had me sold!
Alternatives to Mercury
If you have specific requirements like cash deposits or using Zelle, look elsewhere, as Mercury doesn’t offer these services. I’d recommend looking into a local credit union over big banks!