Yeah, Mercury's going to have to up their game if they want to stay relevant. I remember my disappointment when I found out I had to park 250k in a 0-yield checking account to qualify for the 1.5% yield on a savings account that can only do something like 5 transfers a month, making it a complete non-starter for running a real business. It felt like they're playing all the same old tricks on us as the incumbent banks, just with a prettier UI.

This new Brex account with 0 fees and 1.6% yield on the entire deposit with no transaction limits feels like a breath of fresh air in comparison.