April 2024 — personal banking, lowered $25K deposit minimum for IO credit card & more

Mercury is engineered to make sure you don’t lose sleep thinking about banking. Keep reading to discover the latest ways we've improved your banking experience.

The power of Mercury is no longer reserved for businesses alone. Introducing Mercury Personal, powerful personal banking designed for builders and leaders in tech. Now, you can optimize your personal finances with the same experience loved by over 100K startups, plus earn 4.00% APY, access up to $5M FDIC insurance, send no-fee domestic wires, ACH, and check payments, and invite unlimited users to your account. All for one all-inclusive subscription of $240 a year. Join the waitlist.

Great news for growing companies: Mercury customers can now qualify for the IO credit card with an industry-low cash balance minimum of $25K. We’ve lowered the minimum in order to expand access to IO and help more startups maximize their cash flow and accelerate their growth. With IO, you’ll automatically earn 1.5% cashback on all spend, from web hosting fees to team travel. Unlock higher credit limits than offered by traditional banks, instant virtual cards for your whole team, and spend management tools such as merchant-locked cards and custom card limits. Ready to get growing? Discover IO.

Find your digits — that is, your 16-digit IO credit card number — more easily. We're adding these card numbers to the back of physical IO cards so you have them at hand next time you need them.

Bite-sized improvements:

• You can now add new recipients or edit recipient payment details without leaving the flow in the Mercury iOS appOpens in new tab.

Don't have a Mercury account yet? Give our customizable demoOpens in new tab a spin — it’s outfitted with all our latest bells and whistles to give you the full product experience.