Comparison
Mercury vs Ramp
A side-by-side look at Mercury and Ramp — pricing, regions, integrations, pros and cons. Use the recommender if you'd rather have an AI pick for you.
Mercury
Banking built for startups.
Mercury is a tech-forward business bank for startups, offering checking, savings, treasury, debit cards and the IO charge card with up to 1.5% cashback.
Ramp
Corporate cards + spend management that saves you money.
Ramp is a finance automation platform that combines corporate cards, bill pay, expense management, accounting automation and procurement — with AI that actively surfaces savings.
Side-by-side
| Spec | Mercury | Ramp |
|---|---|---|
| Tagline | Banking built for startups. | Corporate cards + spend management that saves you money. |
| Headquarters | San Francisco, USA | New York, USA |
| Founded | 2017 | 2019 |
| Regions | US | US |
| Card type | Debit + IO Credit | Charge card |
| Pricing | Banking free; Mercury IO requires $25k+ avg balance. | Free core platform; Ramp Plus $15/user/mo; Enterprise custom. |
| Rewards | 1.5% cashback on Mercury IO. | 1.5% cashback on all purchases. |
| Best for | US-incorporated startups, VC-backed companies, Remote founders | SMBs, Mid-market, Finance teams obsessed with control |
| Integrations | QuickBooks, Xero, NetSuite | NetSuite, QuickBooks, Xero, Sage Intacct, Microsoft Dynamics |
Mercury: pros & cons
- Best banking UX for startups
- No monthly fees
- Strong treasury product
- US incorporation required
- Not a traditional bank — partner bank model
Ramp: pros & cons
- Fastest-growing fintech in the US
- Generous free tier
- Aggressive product velocity
- US-only issuance
- Limited international rails