Treasury Hero Mobile

Maximize your money. Minimize your risk.

Earn up to 5.35% yield with high-liquidity, lower-risk portfolios powered by Vanguard and Morgan Stanley — all from your Mercury dashboard.

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Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.

Strategic cash management
made simple

Effortlessly earn up to 5.35%

Qualify for Mercury Treasury with a minimum balance of $500K across your Mercury accounts.

Secure your runway

Your money is invested in lower-risk mutual funds held in your name.

Automate your cash management

Set custom auto-transfers between your operating and investment accounts.

Keep your capital close by

Get the flexibility you need with highly-liquid investments right in your Mercury account.

Growth for the long term, flexibility in the short term

Customize your portfolio allocation across two top-tier funds

Put your cash management strategy on cruise control with automated transfers

Mercury has made the process of transferring funds between a high-yield Treasury account and a checking account remarkably seamless, ensuring we make the most of every dollar.

Amaro Luna

Co-founder, Telegraph

Unlock high yields without locking up your money

Unlike other high-yield investments, your money is always within reach with Mercury Treasury. You can easily transfer funds to your checking account within 1–5 business days.

Earn up to 5.35% yield.
No surprise fees.

Total Mercury depositsYield (net of fees) up to
> $20M5.35%
$10–$20M5.26%
$5–$10M5.16%
$2–$5M5.06%
$500K–$2M4.91%
< $500KNot eligible for Mercury Treasury
There are no fees to open an account or transact with Mercury Treasury. You’ll be charged a small percentage of your total monthly Mercury Treasury positions at a rate determined by the total deposits held across all your Mercury accounts, ranging from 0.15% to 0.60%. All yield figures are net of fees.

Take your portfolio to the next level

Get access to personalized portfolio management with Mercury Treasury Solutions by Morgan Stanley

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  • Qualify with a $25M balance across Mercury accounts
  • Maximize yield through a wide range of short-term securities
  • Get white-glove service from Morgan Stanley’s experienced portfolio management team
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Access an entire financial platform powered by the bank account

FAQs

  • There are no fees to open an account or transact with Mercury Treasury. 
  • Users are charged a small percentage of their total monthly Mercury Treasury positions at a rate determined by the total deposits held across all your Mercury accounts, ranging from 0.15% to 0.6%. 
  • Yield and fee caps are represented as annualized numbers. Mercury Treasury, by Mercury Advisory, LLC, an SEC-registered investment adviser, seeks to earn net returns up to 5.35% annually on your idle cash for Mercury deposit sizes over $20M. Net yield numbers as of .
  • Mercury Treasury Solutions with Morgan Stanley has a separate fee structure. Please contact us to learn more about Mercury Treasury Solutions and associated fees. 
  • Please see important terms and conditions at the bottom of this page.

You may withdraw money from your Mercury Treasury account at any time. It typically takes 1–2 business days for those funds to appear in your account, but transfers can take up to 5 business days.

  • Yes, your Mercury Treasury account is held in your name with our partner, Apex Clearing Corp, a FINRA-regulated broker-dealer that has been in business for over 40 years.
  • When you sign up for Mercury Treasury, we open an account in your name at Apex, which holds your funds in custody.
  • Apex Clearing Corp maintains a detailed record of each Treasury customer’s holdings and are prohibited from using any of these funds or securities for its own purposes — or from commingling them with its own customers’ holdings.

Funds invested via Mercury Treasury are protected in several ways:
  • Your Mercury Treasury account is held in your name with our partner, Apex Clearing Corp. Apex Clearing Corp maintains a detailed record of each Treasury customer’s holdings and is prohibited from using any of these funds or securities for its own purposes, and from commingling them with its own customers’ holdings. Because assets are held in your name, they remain available to be transferred to an account at another broker in any of the following events:
    • Mercury bankruptcy, financial instability, sale or acquisition
    • Apex bankruptcy, financial instability, sale or acquisition
  • Apex is regulated by the SEC and FINRA, and is regularly audited and must publish financial statements to the public. Apex is also required to keep excess capital on hand to ensure customer deposits are protected.
  • Mercury Treasury offers two mutual funds that invest in lower-risk, short-term debt securities, such as Treasury bills, municipal debt, or corporate bonds. See the fund prospectuses for details on each fund’s holdings:
  • Mercury Treasury accounts are covered by the Securities Investor Protection Corporation (SIPC) insurance. This applies in the event that assets are lost or missing from a customer’s accounts during the time a financially-troubled or failed brokerage firm is being unwound. SIPC protects $500,000 worth of securities and cash, with maximum protection for cash of $250,000 and $250,000 in investments.

Mercury Treasury is currently available to users with account balances over $500K. We hope to open Mercury Treasury to all users in the future.

Mercury Treasury Solutions with Morgan Stanley is currently available to Mercury account holders that have account balances exceeding $25M. Reach out to [email protected] or contact your personal relationship manager for more details.

Realize your capital’s full potential

Apply online in 10 minutes or less.

Disclaimers and footnotes

    Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust ®, Members FDIC. Deposit insurance covers the failure of an insured bank.