About Mercury
Mercury is a FDIC-insured digital banking platform built specifically for startups and small-to-mid-size businesses. It offers free checking and savings accounts (up to 4% APY on first $250K), unlimited free domestic and international USD wire transfers, a corporate IO Visa card with 1.5% cashback and no personal guarantee, and a full read-write banking API. Up to $5M in FDIC coverage is provided through a partner bank network. Mercury is not a bank itself but operates through banking-as-a-service partnerships.
AI Agent Use Cases
- Free checking and savings accounts with no monthly fees or minimums
- Up to $5M FDIC coverage via partner bank network
- Free domestic and international USD wire transfers
- IO corporate card: 1.5% cashback, no annual fee, no personal guarantee
- Treasury product: idle cash in government-backed money market securities
- Full read-write developer API included with all accounts