| Term | Detail |
|---|---|
| Initial term | Month to monthMercury / Choice Financial Group (opens in a new tab) · Contract or terms · No minimum term; you close the account by writing to Mercury (help@mercury.com). |
| Early termination fee (ETF) | You can close the account with written notice, which the bank honors within three business days plus the time to settle pending transactions. The bank can also close it at any time.Mercury / Choice Financial Group (opens in a new tab) · Contract or terms · |
| How the ETF is calculated | The terms don't set an early termination fee. |
| Right to raise prices | The bank and Mercury may change the agreement at any time by posting a revised version or emailing it; continuing to use the account means you accept it. No minimum notice period is stated.Mercury / Choice Financial Group (opens in a new tab) · Contract or terms · |
| Trial period | Not researched yet |
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.