How to designate beneficiaries at Mercury
Covers 5 deposit, 2 investment, and 2 lending accounts — beneficiaries can be managed online
Customer Support
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
WebsiteLearn more→
Customer Support
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
WebsiteLearn more→
Customer Support (no dedicated estate services department)
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
Verified May 2026
The key to protecting your Mercury accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
Mercury has 9 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
Mercury Personal CheckingMercury Personal SavingsMercury Business Checking AccountMercury Business Savings AccountMercury Vault (FDIC Sweep Network)
1
Log in to the Mercury app (app.mercury.com) with your Mercury Personal account
2
Navigate to account settings for your Personal Checking or Savings account
3
Select the beneficiary designation section
4
Add up to 5 individual beneficiaries or 1 trust beneficiary:
- For individuals: enter full name, date of birth, home address, and optionally SSN
- For a trust: enter the legal trust name and Tax Identification Number (EIN)
- Allocations are split evenly among all surviving beneficiaries
5
Confirm and save your designations; changes can be made or removed at any time through the app
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD beneficiaries available on Mercury Personal Checking and Savings only; NOT available on business accounts
- Maximum of 5 individual beneficiaries OR 1 trust beneficiary per account
- If multiple beneficiaries survive the account holder, funds are split evenly and surviving beneficiaries hold as joint tenants with right of survivorship
- If no beneficiary is living at the time of the account holder's death, funds pass to the legal representative of the last surviving account owner
- Mercury cannot open accounts for trusts; the account itself cannot be retitled to a trust (revocable trust accounts listed as "Coming soon" as of 2026-05-23)
- Business account ownership is governed by the entity's formation documents and applicable state law
- Multi-member business entities should have clear succession provisions in their operating agreements
Customer Support
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
WebsiteLearn more→
Customer Support
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
WebsiteLearn more→
Customer Support (no dedicated estate services department)
Emailhelp@mercury.com
Mailing Address
Mercury Technologies, Inc., 333 Bush Street, Suite 1900, San Francisco, CA 94104
Verified May 2026
Estate planning articles
Learn how to protect your Mercury accounts and other assets with trusts, beneficiary designations, and estate planning documents.
