Update 10/9/2024. They sent me a VGC via Tremendous for $20. I used it to prepay my natural gas bill, which does not charge me a processing fee to use a card to pay the bill.
Mercury sent me an email today offering me $20 to fill out a survey as to why I moved my money out of Mercury Business accounts. I obliged and filled it out. Took about 10 minutes (about 30 questions perhaps) — figured why not.
Mercury is a great bank because they have free outgoing wires — like Fidelity. You can pay your Amex credit card bills for free via wire from this bank I am told. However, for me it’s not a great hub because the savings account is only 0.0001%. This was my main concern I mentioned in the survey. If it had a decent investment account I’d keep perhaps a lot of money with the bank. (I haven’t looked beyond the savings account, so perhaps there are more options I am not aware of yet.)
Here is what they told me after I finished the survey.
