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Mercury Bank Review: Quick Start Tutorial (Free Business Checking and Savings Accounts)
Mercury Bank: https://go.retipster.com/mercury/yt-M7lC576DxnY (REtipster Affiliate Link)
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0:00 - Intro
1:39 - How to get your $200 bonus
2:26 - How to Open An Account
3:17 - Non-US Citizens Residing Outside the US
5:58 - Verifying Business Info
6:14 - Uploading Corporate Documents
8:30 - Citizenship Status
9:04 - Verifying Personal Identity
12:10 - Fast-Track Your Application
12:38 - Migrating from Another Bank Account
15:09 - Additional Questions About Address
16:16 - Account Approved!
17:47 - Financing Options from Mercury
18:31 - Setting Up Auto Transfer Rules
19:01 - Profit First Strategy Made Easy!
21:22 - How to Get a Credit Card
21:42 - How to Pay Someone
22:30 - Send Someone a Check
23:35 - Create a Payment Request
25:37 - Get the $200 bonus! https://go.retipster.com/mercury/yt-M7lC576DxnY
In this video, I’m going to show you how easy it is to open a bank account with Mercury Bank.
Before we get started, I should say that this video is not an endorsement or recommendation for Mercury Bank. There are plenty of banks you can work with and most of them are fine, but most of them also like to charge you all kinds of annoying fees each month, and they also make you visit a branch in person just to open an account.
Mercury doesn’t charge you fees (for most intents and purposes, it’s free to hold an account here). They don’t nickel and dime you or make you visit a branch for any reason, because they don’t even have physical branches!
These days, many of us don’t need to visit a branch, like, ever. It’s just not necessary for how our businesses work.
There’s a lot of good to say about Mercury and a few important drawbacks to know. I’ve got a whole other video that gets into all those details if you want to check that out at your leisure but in this one, I’m just gonna highlight how easy it is to get started, even if you’re not a U.S. citizen and you have no plans or ability to set foot in the US, you can STILL set up an account in minutes (and this is something very few other banks in the US will allow you to do).
And guess what, at the time of this recording, if you click through the link below and if you immediately put $10k into your account (if you have that kind of money ready to go), they’ll give you a $200 signing bonus just for opening up a new account! I don’t know if this promotion will be around forever, so if you’re watching this video years into the future… this may or may not apply to you… but even if it does go away, I think you’ll see, with how easy Mercury makes this process, it seems like a pretty decent outfit to work with.
So, I’m planning to switch bank accounts right now, and I’m going to show you how easy it is.
Ready to get started? Let’s do it!
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