Is Mercury Bank a Good Option?

Question

Hi, I have a couple of friends who are Latinos that have been declined from opening an account at Mercury, on the other hand I see other friends from India have no problem with them. What has been your experience? Can you share your story if you were refused?

inodeman · Accepted Answer

This is the response I recently got. Seems they sit around and meditate if they should let you in. Also I am sure they mediate around your last name, country of origin.
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Our onboarding team reviews each application by hand, and takes a holistic view of your application and business information and makes their application decisions based on a variety of internal factors.
I know this may be frustrating, but we are unable to provide more detailed information as to the reason why your application was denied, and aren't able to reconsider.

verdverm · Answer

https://hn.algolia.com/?q=Mercury+bankI don't really trust anything a16z touches anymore

smlacy · Answer

What's Mercury?