Mercury Review: Best Business Banking Account for 2024?

Open a Mercury bank account here:
startupwise.com/mercury/
^Get a $250 cash bonus by depositing $10,000 within 90 days
In today's video, I'll be doing a full review of the Mercury business bank account. With FDIC insurance up to $5 million, access to virtual/physical debit/credit cards, free USD international wires, and no hidden or monthly fees, this is one of the best business bank accounts that you can open in 2024.
Our favorite business must-haves:
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🏦 Novo (best business bank): startupwise.com/novo
🖥️ Best AI website builder ($3/month using code STARTUPWISE): hostinger.com/startupwise
⚙️ Northwest (best $39 LLC formation service): startupwise.com/northwestLLC
💰 Payroll with Gusto (get a $100 giftcard!): startupwise.com/gusto
👨💼 Best overseas staffing agency (save 80% on payroll): paired.so/startupwise
Be sure to watch the entire video, because I'll cover everything you need to know about Mercury bank, including its pros and cons and how to open your first account in under 10 minutes. Overall, I highly recommend Mercury for business owners looking for a reliable, tech-forward checking account. They have so many features that are great for new business owners, so check them out at our exclusive link!
If you found this video helpful, check out our other videos about business credit, banking, and more:
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Novo Review: Best Business Banking Account for 2024?:
• Novo Review: Best Busi...
Gusto Review: The Best Payroll Solution for Small Businesses?:
• Gusto Review: The Best...
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Thanks for watching! I hope you have a wonderful day!
-Charlie
#Business #Businessbanking #LLC
Timeline:
0:00 - Intro
1:05 - Pros
1:27 - Cons
1:56 - Who Is Mercury Bank For?
2:35 - Mercury Bank Overview
2:58 - Open Account Setup
4:09 - Getting Started With Mercury Bank
5:36 - Conclusion
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In addition, we are not financial advisors. StartupWise does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.

Пікірлер: 17

  • @StartupWise
    @StartupWise4 ай бұрын

    Hope you guys enjoy the video and get some value from it! Open a Mercury bank account here: startupwise.com/mercury/ ^Get a $250 cash bonus by depositing $10,000 within 90 days

  • @LilyMutamzTv
    @LilyMutamzTv3 ай бұрын

    Thank you I just opened mine today

  • @whateutube
    @whateutube2 ай бұрын

    how does the wire transfer work since they don't have a physical branch? How long for the wires to go through? Thanks

  • @christiancarnahan1930
    @christiancarnahan19303 ай бұрын

    How do we set up an automation to allocate 30% of incoming deposits to a tax folder?

  • @RealGolfCrew
    @RealGolfCrew3 ай бұрын

    do they integrate with Shopify and do they offer business credit lines or loans?

  • @basitali1734
    @basitali17349 күн бұрын

    Nowadays Mercury is not Approving Accounts can you please explain what's the reason.

  • @msh104utube
    @msh104utubeАй бұрын

    Mercury does not offer Zelle or Vimo. What tech company (since they are not a bank) is like Mercury but does?

  • @jds-universe
    @jds-universe2 ай бұрын

    Are the cards virtual only or can you have plastic cards mailed out also? Thank you.

  • @jlyriq

    @jlyriq

    Ай бұрын

    You get a physical card too

  • @Gabistruwwelliese
    @GabistruwwellieseАй бұрын

    Single member LLCs that are foreign owned should be aware that Mercury has been asking you to have US-related revenue or employees. Many accounts are being closed. Check the issue online if that is your case.

  • @customersupport9055

    @customersupport9055

    Ай бұрын

    Whats the work around?

  • @Gabistruwwelliese

    @Gabistruwwelliese

    Ай бұрын

    @@customersupport9055 depending on what they are asking you there are some work around strategies. But nothing is straighforward. I reccommend you to check James Baker CPA channel but I can see you already made a comment on a comment I made on his channel lol ("hacks non residents use to open US bank accounts)". I have just sent Mercury several questions regarding US based operations and compliance and they said they will check with other sectors and answer me back a bit later. I will post what they answered on that video's comment for other poor souls affected by the sudden change in policy. As for now, they were able to accept my home address in a foreign country as per my bank statement. But I'll have 6 months to establish US based operations (more clarification coming when they answer).

  • @vgreenm

    @vgreenm

    14 күн бұрын

    How can you avoid losing your money in the account?

  • @johnwick860
    @johnwick8602 ай бұрын

    Novo is the best

  • @FCSOnlineTrading

    @FCSOnlineTrading

    14 күн бұрын

    But their customer support sucks.

  • @ralfyflo4793
    @ralfyflo4793Ай бұрын

    all your links are broken