No monthly subscriptions
Fees
No monthly subscriptions Enjoy free ACHs, native accounting integrations, bill payments, and more – without the need for subscriptions.
“We’ve been with Rho since we launched Spark. Understanding team spend in real-time has been incredibly important to us.”
Rho | Mercury | ||
Zero monthly subscription fees | Yes | $350/Pro Plan | |
Premium customer support | Yes | Relationship manager limited to $350/month Mercury Pro plan | |
Fee-free Same Day ACH and wires | Yes | Yes | |
Native accounting software integrations | Yes | Native only offered with QuickBooks Online & Xero | |
Expense management | Yes | No | |
Bill Pay | Yes | Process up to 20 bills/month + $2/additional bill | |
Minimum checking deposit requirement | N/A | Must maintain $25K in a Mercury account to qualify for IO and keep your credit account active. | |
FDIC Deposit Insurance2 | Up to $75M with Rho Savings Account.2 | Up to $5M with Mercury Vault. | |
Partner Banks | Webster Bank, N.A. | Evolve Bank & Trust, Choice Financial | |
Cash management instrument offered | U.S. Treasury Bills via Rho Treasury1 | Money market funds via Brex Treasury |
Rho | |
Zero monthly subscription fees | |
Yes | $350/Pro Plan |
Premium customer support | |
Yes | Relationship manager limited to $350/month Mercury Pro plan |
Fee-free Same Day ACH and wires | |
Yes | Yes |
Native accounting software integrations | |
Yes | Native only offered with QuickBooks Online & Xero |
Expense management | |
Yes | No |
Bill Pay | |
Yes | Process up to 20 bills/month + $2/additional bill |
Minimum checking deposit requirement | |
N/A | Must maintain $25K in a Mercury account to qualify for IO and keep your credit account active. |
FDIC Deposit Insurance2 | |
Up to $75M with Rho Savings Account.2 | Up to $5M with Mercury Vault. |
Partner Banks | |
Webster Bank, N.A. | Evolve Bank & Trust, Choice Financial |
Cash management instrument offered | |
U.S. Treasury Bills via Rho Treasury1 | Money market funds via Brex Treasury |
Competitive data was collected from the Mercury website as of September 29, 2024, and is subject to change or update. 1 Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk and past performance does not guarantee future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. Treasury and custodial services provided through Interactive Brokers LLC for clients with accounts opened prior to July 2024. Please see the ADV-2A Wrap Fee Brochure for further information regarding fees and Rho Treasury. 2 Checking account and card services provided by Webster Bank, N.A., member FDIC; any deposits FDIC-insured up to $250K per depositor. Savings account services and up to $75M in FDIC insurance provided by American Deposit Management Co. and its partner banks. Rho is a financial technology company, not a bank or an FDIC-insured depository institution. The FDIC's deposit insurance coverage only protects against the failure of an FDIC-insured bank that holds your deposits and is subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. For more information on deposit insurance, please visit the FDIC website.
Manage cash, payroll, payments, and vendors from one connected account with full visibility across inflows and outflows.
Issue cards instantly, set limits, and track every doller - while earning up to 2% cashback with zero platform fees.
Earn up to 4.25% yield on your cash with Rho Treasury.³
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³Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk and past performance does not guarantee future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. Treasury and custodial services provided through Interactive Brokers LLC for clients with accounts opened prior to July 2024. Please see the ADV Wrap Fee Brochure for further information regarding fees and Rho Treasury.
⁴International wires in USD can be subject to additional fees set by recipient, correspondent, or intermediary banks, in addition to the SWIFT network. Rho reserves the right to charge a 3% late fee on a delinquent balance for up to six months, unless prohibited by law.
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