Mercury is a US-based fintech bank for startups. While primarily US-focused, it is popular with remote workers who have US-entity businesses needing to receive USD payments.
Quick Verdict
Rating: 4.5/5 — ★★★★½
Best for: Remote workers with a US business entity who need a US bank account
Not ideal for: UK/Canada/Australia residents without a US business entity
Get started with Mercury →Key Facts
| Category | banking / neobank |
| FX fee | 🟢 Free |
| Withdrawal fee | Free |
| Monthly fee | Free |
| Payout speed | same-day |
| KYC level | Full (ID + proof of address) |
| Founded | 2019 |
| HQ | US |
Country Availability
| UK | Canada | Australia |
|---|---|---|
| ⚠️ | ⚠️ | ⚠️ |
Fees
| Fee type | Amount |
|---|---|
| FX conversion | Free |
| Withdrawal | Free |
| Monthly subscription | None |
| Currencies supported | 1+ |
Features
| Feature | |
|---|---|
| Bank transfer | ✅ |
| Card payments | ✅ |
| Crypto | ❌ |
| Virtual card | ✅ |
| Physical card | ✅ |
| Multi-currency | ❌ |
| Business account | ✅ |
| Mobile app | ✅ |
| API access | ✅ |
| Upwork integration | ❌ |
| Fiverr integration | ❌ |
Pros
- Low FX fee — 0%
- No monthly fee
- Virtual debit card
- Mobile app (iOS & Android)
- Business account available
Cons
- Check availability in your country
Who Should Use Mercury
Perfect for: Remote workers with a US business entity who need a US bank account
Skip it if: UK/Canada/Australia residents without a US business entity
How to Get Started
- Visit https://mercury.com and create an account
- Complete identity verification (Full (ID + proof of address))
- Set up your payment receiving details
- Share with clients or connect to your freelance platform
Frequently Asked Questions
Is Mercury available in the UK? Mercury has limited availability in the UK. Check their website for current restrictions.
Is Mercury available in Canada? Mercury has limited availability in Canada. Check their website for current restrictions.
Is Mercury available in Australia? Mercury has limited availability in Australia. Check their website for current restrictions.
What are Mercury's fees? Mercury charges no FX fee.
Is Mercury safe? Mercury is a regulated financial service with a strong safety record. Always verify current regulatory status on their website.
This review was last updated 2026-03-30. Fees and availability may change — always check Mercury's website for the latest information.
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