All currency cardsCurrency card · head to head
Monzo vs Mercury
Monzo for UK personal banking, Mercury for US business banking. Different worlds.
| Monzo | Mercury | |
|---|---|---|
| Monthly fee | $0 | $0 |
| Card issue fee | $6 | $0 |
| FX model | card network | interbank with markup |
| FX markup | — | 100 bps |
| Free ATM / month | 0 | unlimited |
| Multi-currency | ||
| Apple Pay | ||
| Google Pay | ||
| Virtual cards | ||
| Crypto | ||
| Joint account | ||
| Availability | UK + US (limited beta) | US-incorporated entities (LLC, C-Corp) |
Monzo — best for
- UK residents with daily spending
- Travellers wanting clean spend categorisation
Weak for
- Multi-currency holding
- Large transfers abroad
Mercury — best for
- Solopreneur LLCs needing a US business bank
- International founders with a Delaware C-Corp
- USD-denominated invoicing and payouts
Weak for
- Personal banking (it's business-only)
- Non-US incorporated structures
Affiliate disclosure: we earn a small commission if you sign up via either link. We list both because both are genuinely useful.