Mercury Offers $500 Bonus for New Business Accounts

Mercury is a relatively new fintech company that provides banking services through Choice Financial Group and Evolve Bank & Trust. The company offers a business checking and savings accounts with no monthly fees. Your savings and checking accounts are both insured up to the FDIC limit of $250,000. There’s also a $500 bonus for new accounts. Check out the details of this Mercury $500 bonus below.

Offer

Earn a $500 cash bonus when you open a new account and spend $10,000 or more in debit purchases within the first 90 days.
OFFER PAGE

Mercury Account Details

No minimum balances and no monthly fees
Free domestic and USD international wires
1% fee on currency exchange
Get up to 1.844% return on your idle cash
Physical and virtual cards
Wires, ACH, checks
You’ll need a U.S. company with a federal EIN, your company’s official formation documents, and a picture of your government ID (e.g. a passport or US driver’s license).

Guru’s Wrap-up

Mercury is offering a $500 bonus for new business who open an account make $10,000 in debit purchases within the first 90 days. This could be a good option for Brex customers who will have their accounts shut down in week.

Getting approved for a new account might be harder than regular banks. Mercury is geared toward startups. You’ll need to have a U.S. company with a federal EIN, your company’s official formation documents, and a picture of your government ID in order to apply. The process will likely take 10-15 minutes. Sole proprietors most likely will not be approved.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.