Brex: 4 out of 5
Brex can obtain up to $6 million in FDIC insurance coverage through the sweep programs of over 25+ partner banks (see Brex’s list of partner banks).
Mercury: 3 out of 5
Meanwhile, Mercury has a slightly lower FDIC insurance protection compared to Brex. It offers up to $5 million through the sweep networks of two partner banks via Mercury Vault.