{"account":{"slug":"mercury-business-banking","bank":"Mercury","name":"Business Banking"},"status":"recent","lastVerified":"2026-10-12","officialSource":"https://mercury.com","history":[{"date":"2026-06-11","apy":"None on checking/savings; Mercury Treasury yields roughly 3.0-3.9% net ($250k minimum)","monthlyFee":"$0 (banking is free on every tier)","minimumOpen":"None","atm":"Fee-free at 55,000+ Allpoint ATMs; no Mercury fee elsewhere, but no cash deposits at all","note":"Legacy snapshot before event-level evidence attachments"},{"date":"2026-10-12","apy":"None on checking/savings; Mercury Treasury yields roughly 3.30-4.05% net as of 10/9/2026 ($250k minimum)","monthlyFee":"$0 (banking is free on every tier)","minimumOpen":"None","atm":"No Mercury ATM fee, but operator fees may apply; $1,000 per card and $3,000 per account daily withdrawal limits, and no cash deposits at all","note":"Reconfirmed free banking tiers, $5M FDIC sweep, wire pricing and no cash deposits; Treasury now up to 4.05% net (10/9/2026); ATM terms rewritten from Mercury's ATM help article","sourceUrl":"https://mercury.com/pricing","sourceLabel":"Mercury pricing, Treasury page and ATM help article"},{"date":"2026-10-23","apy":"Treasury is a separate investment product: published net yields 3.30–3.75% for MRGXX (October 19, 2026) and 3.63–4.08% for MCRYX (October 16, 2026), varying by total balance; $250,000 eligibility threshold","monthlyFee":"$0 (banking is free on every tier)","minimumOpen":"None","note":"Scoped Treasury and insurance clarification. Published fund figures use different yield measures and dates; MCRYX is an ultra-short bond fund, not a money market fund. Full account verification date remains October 12.","sourceUrl":"https://mercury.com/legal/disclosures/treasury","sourceLabel":"Mercury Treasury disclosures and linked fund table"},{"date":"2026-10-23","apy":"Treasury is a separate investment product: published net yields 3.30–3.75% for MRGXX (October 19, 2026) and 3.63–4.08% for MCRYX (October 16, 2026), varying by total balance; $250,000 eligibility threshold","monthlyFee":"$0 (banking is free on every tier)","minimumOpen":"None","note":"Scoped Treasury eligibility clarification: current qualification help excludes single-member LLCs, partnerships, LLPs and nonprofits, and applies the balance threshold within one organization. Prior observations and October 12 full-record date preserved.","sourceUrl":"https://support.mercury.com/hc/en-us/articles/41673479637908-Qualifying-for-a-Treasury-account","sourceLabel":"Mercury Treasury qualification requirements"}],"verificationEvents":[{"id":"af97eb52-70a5-46ce-9126-6c7f4fdad36d","entityType":"bank-account","slug":"mercury-business-banking","checkedAt":"2026-10-23T10:05:50.660Z","recordedAt":"2026-10-23T10:05:50.661Z","sourceUrl":"https://support.mercury.com/hc/en-us/articles/41673479637908-Qualifying-for-a-Treasury-account","sourceLabel":"Mercury Treasury eligibility guide","outcome":"changed","summary":"Scoped clarification: Treasury eligibility excludes single-member LLCs, partnerships, LLPs and nonprofits; balance threshold applies within one Mercury organization. Standard banking eligibility is separate. Preserved full-record date and prior history.","changedFields":["features","cons","ourTake","termHistory"],"previousHash":"98dc00ebadaa37699db356285e77ae21b53e7387cb26d8bc0d4ff6af714e9e93","recordHash":"2de23c3e6e022319d1abbc06026022fd6b5fb15d11647296e033e9399c3cb063"},{"id":"5a1bd35b-6c88-4ec7-bfad-53bc733a688c","entityType":"bank-account","slug":"mercury-business-banking","checkedAt":"2026-10-23T08:17:12.757Z","recordedAt":"2026-10-23T08:17:12.758Z","sourceUrl":"https://mercury.com/legal/disclosures/treasury","sourceLabel":"Mercury Treasury disclosures and fund table","outcome":"changed","summary":"Separated government money market and ultra-short bond yields with their October observation dates, eligibility and investment risk. Corrected comparison discussion and conditional sweep wording without renewing the full account date.","changedFields":["apy","fdic","features","cons","ourTake","termHistory"],"previousHash":"c23d4e4910f1601d85d953b387df28ef976d2a8825029601eac10797b978524e","recordHash":"46e4666e4cfe45eb321b6263d8ed34a67d14bef1ee561f1fea5a822da39a4fad"},{"id":"7ba2a2be-0608-400b-a9e0-c621a12589ed","entityType":"bank-account","slug":"mercury-business-banking","checkedAt":"2026-10-12T00:00:00.000Z","recordedAt":"2026-10-12T13:11:17.534Z","sourceUrl":"https://mercury.com/pricing","sourceLabel":"Mercury pricing, Treasury page and ATM help article","outcome":"changed","summary":"Reconfirmed free banking tiers, $5M FDIC sweep, wire pricing and no cash deposits; Treasury now up to 4.05% net (10/9/2026); ATM terms rewritten from Mercury's ATM help article","changedFields":["apy","atm"],"facts":{"apy":"None on checking/savings; Mercury Treasury yields roughly 3.30-4.05% net as of 10/9/2026 ($250k minimum)","monthlyFee":"$0 (banking is free on every tier)","minimumOpen":"None","atm":"No Mercury ATM fee, but operator fees may apply; $1,000 per card and $3,000 per account daily withdrawal limits, and no cash deposits at all"},"previousHash":"05dd5fa311d21cf5994d2d811f1071972821571193adcf03d9d6b7481ff1c8b4","recordHash":"e0e6813f166de27af42f071de6b3e02c841824562e10454d2b52a30b361ce0c3"}],"methodology":"https://creditcompound.com/how-we-rate#verification"}