Manage employee expenses in minutes
Experience hassle-free employee expense management with corporate cards and reimbursements together.
Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.
Effortlessly control spend
Set granular controls and spend policies to ensure employees spend responsibly.
Keep account info private
Give users expense tools without granting access to your bank account details.
Simplify month-end close
Sync to accounting software like QuickBooks, Xero, or NetSuite.
Get started in minutes
A simple setup, automations, and an intuitive experience save your team time.
A toolkit for time and money well spent
Use corporate cards to control spend upfront and earn 1.5% cashback
Explore Corporate Cards
Reimburse out-of-pocket expenses with ease
Explore Reimbursements Pricing- Reimburse expenses for up to five active users per month for free
- Submit expenses in seconds, with data auto-scanned from receipts
- Reimburse expenses in two clicks, individually or in bulk
- Set policies for receipts, notes, and submission timeframe
- Get a snapshot view of expenses that are out-of-policy or need review
User permissions give you more control, precision, and speed
- Add and manage employees in bulk, via email or Google Workspace
- Invite users to cards or reimbursements without granting access to your bank account details
- Assign tiered user permissions to co-founders, bookkeepers, employees, and freelancers
Cut the busywork and let your team focus on what counts
Tick off just about any task on the go
Easily create cards, submit expenses, upload receipts, and more in seconds, all on the mobile app.
Minimize your finance team’s work on the month-end close
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Just one part of Mercury’s full financial platform
Frequently asked questions
Mercury was founded with the idea of making banking better for startups. We spent our first five years creating a powerful bank account that made banking feel less like an obstacle and more like a catalyst.Now, we’re building software to run all your financial operations from that powerful bank account so your company can perform at its best — that means more precision, more control, and more focus. We call it “operational excellence.”We offer:
- Checking and savings accounts with no monthly fees
- The protection of up to $5M in FDIC insurance through our partner banks and their sweep networks
- Debit and credit cards for your whole team
- Reimbursements for out-of-pocket expenses
- Wires, ACH, and check payments
- Treasury management and venture debt options
- Time-saving finance automations, including bill pay, invoicing, accounting automations, and coming soon, reimbursements
- Customizable permissions that keep you in control
- The knowledge, network, and connections you need
- An experience over 200K startups love
Our debit and IO credit cards are only available to Mercury customers. If you don’t already have an account, you can apply for one here.Once your Mercury account is approved, you can issue as many physical or virtual debit cards as you need from your dashboard. You will need to deposit up to $25K into your account to become eligible for IO. You will need to maintain an average cash balance roughly equal to $25K in your Mercury account to keep your credit account active. We do not run a credit check during the IO sign-up process, so your personal credit score will not be considered or affected.If you are a current Mercury account holder, go to the Credit Card section in your Mercury dashboard to find out if you are eligible for IO.
It is free to use Mercury debit cards, and IO credit card features are free to use. We don’t charge annual fees on IO credit cards; and because you’ll pay off your IO account balance automatically each month, you won’t incur any interest.If you want to use our enriched NetSuite accounting automations to sync your IO card transactions to NetSuite, you’ll need to upgrade to a paid Mercury plan (starting at $35/month). QuickBooks and Xero enriched automations, as well as the ability to import bank feed connections across QuickBooks, Xero, and NetSuite, are free. Learn more about pricing.
Expense reimbursements are only available to Mercury customers. If you don’t already have an account, you can apply for one here.Once your Mercury account is approved, you can enable reimbursements for your organization from your Mercury dashboard. Reimbursements will be enabled for all users on your Mercury account. Admins will be able to submit their own expenses and approve expenses for others; Employees and Custom Users will be able to submit their own expenses; and Bookkeepers will have view-only access.
When users submit their first expense, they will be prompted to connect their personal bank account to receive reimbursement payments. At this time, reimbursement payments can only be made to US bank accounts, and will be paid out in US Dollars (USD). Expenses submitted in foreign currencies will be converted to and paid out in USD.
It is free to enable expense reimbursements for your whole company, no matter how many users you have on your Mercury account, and it is free for users to submit expenses. You can reimburse expenses for up to 5 active users per month free of charge.If you need to reimburse expenses for more than 5 active users in a given month, you will need to upgrade to a paid plan (starting at $35/month). Our paid plans include other capabilities such as processing more than 5 bills per month, premium invoicing features, and enriched NetSuite accounting automations. Learn more about pricing here.
You can assign GL codes to your bills, credit and debit card transactions, expense reimbursements, incoming and outgoing wires, ACH transfers, checks, and internal transfers across NetSuite, Xero, and QuickBooks. Treasury transactions are currently excluded.Mercury Invoicing doesn’t currently offer GL code categorization, but our standard bank feed imports are available via QuickBooks, Xero, and NetSuite. Once an invoice is paid, we’ll automatically sync the payment records via a bank feed. CSV file downloads are available, which you can upload to your accounting platform of choice.
No, you can add employees to Mercury without giving access to your bank account details or to other users’ transactions. When inviting someone to your Mercury team, you'll be asked to assign them a role. This role determines what they can and can't do in your Mercury account. When you assign a user the “Employee” role, they can be issued debit or credit cards or access expense reimbursements, but will have extremely limited access to your company's dashboard and will not be able to view bank account details including balance, account and routing numbers, or any other user's transactions. They will only be able to view and manage their cards and expenses, as well as submit, view, tag, and add receipts and notes to their own transactions.
Employee expenses shouldn’t cost you time
Apply in 10 minutes or less to simplify your finances, save your team time, and operate at your best.