Novo Vs. Mercury

Novo and Mercury are two of the leading checking account providers for businesses, offering a range of financial services.
Find the right fit for your business by comparing their features & benefits.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Evolve Bank & Trust® and Choice Financial Group; Members FDIC.

Editorial Score

Score 9.5
Score 8.7

Card

Mercury Cards

Rating

3018 reviews
764 reviews

Fees & Charges

Minimum Balance

$0

$0

Mandatory first deposit

$50

$0

Overdraft Fees

$0

$0

Early Account closing Fee

$0

$0

Features

ACH Transfers

Incoming ACH $0
Outgoing ACH $0

Incoming ACH $0
Outgoing ACH $0

Wire Transfers

Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)

Incoming ACH $0
Outgoing ACH $0

Card

Novo Business Debit Mastercard

Mercury Business Debit Mastercard

Loans

V
X

Invoice Management

V
V

Integrations

Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more.

Quickbooks, Venmo, Shopify, Cash App, Stripe, PayPal, and Expensify.

Bottom Line

Why?

Novo shines in business banking with its robust features, 3rd party integrations and an appealing payment structure no monthly fees. Suitable for both single-member LLCs and much bigger firms.

Mercury shines as a competitive option for startups. Its comprehensive suite of banking services is specifically tailored to meet the unique needs of startups.

Editorial Score

Score 9.5

Winner!

Score 8.7

Novo Vs. Mercury

Novo and Mercury are two of the leading checking account providers for businesses, offering a range of financial services.
Find the right fit for your business by comparing their features & benefits.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Evolve Bank & Trust® and Choice Financial Group; Members FDIC.

Editorial Score

Score 9.5
Score 8.7

Card

Mercury Cards

Rating

3018 reviews
764 reviews

Fees & Charges

Minimum Balance

$0

$0

Mandatory first deposit

$50

$0

Overdraft Fees

$0

$0

Early Account closing Fee

$0

$0

Features

ACH Transfers

Incoming ACH $0
Outgoing ACH $0

Incoming ACH $0
Outgoing ACH $0

Wire Transfers

Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)

Incoming ACH $0
Outgoing ACH $0

Card

Novo Business Debit Mastercard

Mercury Business Debit Mastercard

Loans

V
X

Invoice Management

V
V

Integrations

Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more.

Quickbooks, Venmo, Shopify, Cash App, Stripe, PayPal, and Expensify.

Bottom Line

When comparing Novo and Mercury in the business banking world, Novo often comes out ahead with its array of features and the added benefit of no monthly fees. It’s well-suited for a variety of businesses, large or small. On the other side, Mercury shines for startups, offering a more niche service, but it doesn’t quite match up to Novo in terms of overall features. When deciding between the two, it’s essential to weigh what specifically your business needs and which one aligns best with those requirements.

Novo Logo BB
Score 9.5

Winner!

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Mercury Logo BB
Score 8.7
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