Is Mercury IO Mastercard worth it?
Mercury IO Mastercard can be a fit for people comparing business cards from Mercury. The main things to weigh are the $0 annual fee, the rewards structure, and whether the benefits match your spending habits.
Rewards breakdown
Wafacard summary: this business spending card shows cash-back earning from 1.5% depending on the purchase type and issuer rules. Check the issuer page for eligible categories, caps, and current terms.
Intro offer: Check the issuer page for any current introductory offer and eligibility rules.
Card details
Wafacard note: key fit signals include no yearly card fee, business spending features. Availability, exclusions, and enrollment rules can vary by issuer terms.
- Network
- Mastercard
- Review status
- Terms reviewed 6/30/2026
Fees and terms
Rates and fees can change by applicant profile and issuer updates. Confirm current terms on the issuer website before applying.
- Annual fee
- No annual fee
- Purchase APR
- None
- Balance transfer APR
- None
- Cash advance APR
- None
- Foreign transaction fee
- Check issuer terms
- Late payment fee
- Up to $40
- Grace period
- 23 days
- Recommended credit
- Good (670-719)
- Terms last updated
- 6/22/2026
Key benefits
- No yearly card fee
- Business spending features