Bluevine vs. Mercury
Discover how Bluevine compares to Mercury, another online banking platform for businesses.
Open accountSmall differences that
make a big impact.
Bluevine is built for businesses like yours, which is why we prioritize what's important to you.
Earn up to 3.7% APY, right in
your checking account.BVSUP-00147Get support from real people,
over the phone.Access revolving funds via
a line of credit or credit card,
if approved.
See how Bluevine stacks up.
Every business's needs are unique—and every banking platform has differences that make it stand apart. Take a look at how Bluevine stacks up versus Mercury to decide which banking solution is best for your business.
Mercury
Published August 6, 2025
Bluevine is the largest small business banking platform in the U.S.BVSUP-00186
10+years in business
750K+businesses helpedBVSUP-00052
$1.5B+on deposit
$16Bbusiness loansBVSUP-00052
Bluevine vs. Mercury FAQs.
Only you can decide which banking solution is better for your business, but there are certain factors you might want to consider, including:
- If earning APY is important to you
- Your preference for over-the-phone-support
- The amount you need to deposit by check, and the speed at which you need it
- The prevalence of invoicing in your business, and your desire for recurring or branded invoices
- Your lending needs
Read more about Bluevine’s products and services here.
There are several differences between Mercury and Bluevine, but one of the biggest might be our plan types and APY offered. While Mercury does not offer APY in any of their accounts, we offer up to 3.7% APY, based on account type. The Standard plan earns 1.5% APYBVSUP-00005 on checking balances that meet activity requirements, while Plus earns 2.7% APYBVSUP-00131 and Premier earns 3.7% APY after a monthly fee.BVSUP-00116
Required documentation may vary slightly depending on what type of entity your business is, but this information broadly falls into three categories:
- First, we’ll ask for some basic information to create your sign-in: your full name, email address, mobile phone number, and a secure password.
- Second, we’ll want to know about your business: trade name or DBA name, business address and phone number, EIN confirmation letter, annual revenue, entity type, and your industry.
- Third, we’ll want to learn about you and anyone who owns 25% or more of the business: home address and phone number, date of birth, SSN, and ownership percentage of the business. We may also ask for the front and back of your driver's license.
For a detailed breakdown of what you’ll need by entity type, click here.
We currently offer three Bluevine Business Checking plans: Standard, Plus, and Premier. Our standard plan comes with 1.5% APY, no monthly fees, a three-month free membership to Xero,BVSUP-00181 and FDIC insurance up to $3 million. With our Plus plan, you get all the great benefits of our standard plan, and 2.7% APY, 20% off most Standard payment fees, six months of Xero, and more for a waivable $30/month fee. Finally, with our Premier plan, you’ll enjoy 3.7% APY on checking balances up to $3 million, 50% off most Standard payment fees, six months of Xero, and access to priority customer support for a waivable $95/month fee.
Yes, Bluevine accounts are FDIC insured up to $3,000,000 per depositor through Coastal Community Bank, Member FDIC and our program banks. $3,000,000 in FDIC insurance is offered by multiplying the standard $250,000 FDIC coverage across multiple banks. Visit here for more details.
While being a Bluevine Business Checking customer is not required to apply for a line of credit, if you open a business checking account you’ll be considered for all our weekly and monthly repayment plans.
Ready to open
an account?
Apply today for better business checking.