Offer Details
Written by: RJ
Requirements
- Open a new business checking account
- Deposit $10k within the first 90 days of opening
- Maintain balance for one business day
Eligibility
- Nationwide
- New customers only
- You will need business documentation and possibly an EIN number
Fees
- Mercury business checking is fee free.
Account Closure
- No rule listed.
Valid through: No end date listed
Thoughts
There was a $500 offer recently but that got pulled. This is half that but basically no effort so worth doing. The terms are somewhat lacking. I don’t see mention of a lockup period here. I’ve had good luck with these guys in the past if it helps.
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Updated Referral – https://mercury.com/r/skelton-computing
Just wanted to throw my data point out there. I signed up for this earlier in the year with my LLC and kind of forgot about it. I wasn’t able to do the 10k in debit card purchases but when I asked customer service to change the promo to the referral, they did so after asking who referred me (RJ). Only got $250 but it was easier considering paypal bill pay wasn’t working for me and I couldn’t find anyone willing to do a $10,000 money order
1/26/24 – referral
https://mercury.com/r/aubridesumllcc
and it is still no expiration?
Hello,
What docs do they require for LLC or sole prop? do they turn away sole props?
by the way, do they pull Chex system reports?
@RJ If we do Option 2, do you know if we have to maintain the $10,000 balance for the 90 days?
These guys don’t give many details on either offer. There is no mention of a lock up period.Looks like they say it has to be there for a day, which is the shortest time it could be any ways https://mercury.com/legal/referrals
Applied with a sole prop that has an EIN and a registered trade name with my the secretary of state in the state I lived in. It is under review at the moment.
did you get approved ?
hi—how do you go about doing this money order situation ?
You’d take the Mercury debit card to any place that sold money orders. Buy one, they’ll be a fee but it’s small. Make it out to yourself or a player two, then cash it yourself. This creates the charge and spend for the bonus, while allowing you to easily liquidate it and do it again. I’m personally using PayPal bill pay but I’ve seen one data point of money orders working.