# Highbeam Business Deposit Account — Highbeam, Inc.

**Monthly Fee:** No monthly fee
**Free Transactions:** Unlimited — no per-transaction or excess-transaction fee
**Minimum Opening Deposit:** $0
**Entity Types Accepted:** LLC (single- and multi-member), C-Corp, S-Corp, Sole Proprietorship, Partnership
**FDIC Insured:** Yes — up to $250,000 per depositor per ownership category (extended up to $3,000,000 through Highbeam's sweep network of program banks). Deposits are held at Thread Bank, Member FDIC.
**Availability:** All 50 U.S. states
**Apply:** https://bancadia.com/go/highbeam/business-checking

## Key Features

Highbeam is built specifically for **high-growth, multi-member e-commerce and omni-channel consumer brands** — the account pairs no-fee checking with ecommerce integrations, Ad Spend-linked cashback, and revenue-based credit.

### Payment Rails
- ACH transfers are free with no per-transaction fee. Incoming third-party ACH credits and debits have no published dollar limit. Outgoing ACH origination is capped at $10,000/day and $25,000/month on the standard tier; higher-volume, invite-only VIP tiers raise this to $5,000,000/day and $25,000,000/month.
- Domestic wire transfers, outgoing and incoming, are free with no per-transaction fee. Outgoing wires require a $100 minimum per transfer and are capped at $100,000/day and $250,000/month on the standard tier (up to $5,000,000/day and $25,000,000/month on VIP tiers); incoming domestic wires have no published dollar limit.
- International wire transfers are supported via Airwallex US, LLC, a licensed money transmitter. Wires sent in USD carry a flat $20 fee to cover SWIFT charges; wires sent in a foreign currency carry no flat fee and include no-fee currency exchange.
- Mobile check deposit is available at no fee via the Highbeam iOS and Android apps, capped at $5,000/day and $25,000/month on the standard tier.
- FedNow: Not supported. Real-time payments are not documented on this account.
- RTP Network (The Clearing House): Not supported. Highbeam's Deposit Account Agreement explicitly documents `rtp_supported: false`.
- Same-Day ACH: Not documented as a distinct feature — standard ACH is the fastest published rail.

### Online Banking
- Web dashboard and iOS/Android mobile app for account management, including real-time spend management, spend forecasting tools, and automated sweep rules for moving funds between operating and high-yield accounts to maximize yield.
- Dedicated account management and customer support by phone, live chat, or email; a separate 24/7 line handles lost/stolen card reporting.

### Fraud Protection
- Dedicated Fraud Outreach Program with a direct phone line for reporting suspected fraud. Highbeam may suspend account access if it believes the account has been compromised.
- Positive Pay: Not available.
- ACH Debit Block: Not available.
- Overdraft/NSF fees: Not charged. Highbeam does not offer overdraft services; transactions that would exceed the available balance are typically returned or declined rather than paid. A negative balance must be covered immediately, and the account may be closed if it remains negative for 60+ days.

### Account Management
- No minimum balance requirement and no monthly or annual account fee.
- Check-writing privileges are not part of the standard account — extended only to the invitation-only "VIP-Checks" tier at Highbeam's discretion.
- Access to **Highbeam Capital**, a revolving business line of credit that does not require a personal guarantee and does not require a hard credit pull to activate. Available credit is estimated to start around 15 days of e-commerce payout revenue, scaling toward roughly one month of payout revenue depending on the business.
- Sub-accounts and multiple linked business accounts are not currently supported (`sub_accounts_supported` and `multiple_accounts_allowed` are both false); cash segmentation instead relies on automated sweep rules.

### Cards & ATM
- Highbeam Visa Debit Card, issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. Debit Card transactions earn 0% cashback as of October 1, 2025 (previously 2% on Ad Spend and 1% on other spend).
- Cash Card and Flex Card are separate charge cards issued by Thread Bank under Highbeam Capital. Cash Card earns 2.3% cashback on Ad Spend (2% below a $250,000 average end-of-day balance in the prior month) and 1% on other spend. Flex Card earns up to 1.7% cashback on Ad Spend and 1% on other spend, with no minimum balance requirement. The Highbeam Extend Card earns no cashback.
- The Debit Card has no self-service spend controls (no merchant blocking, custom limits, or freeze/lock); granular controls apply only to the separate charge cards under Highbeam Capital.
- Fee-free cash withdrawals and deposits at any Allpoint-network ATM, with no surcharge added by Highbeam. ATM withdrawals are capped at $1,000/day; cash deposits are capped at $1,000/transaction and $2,000/day (Allpoint in-network only).
- Daily debit limit: $5,000.

### Platform Integrations
- Ecommerce platform integrations and a unified dashboard for connecting online sales channels; specific supported storefront/marketplace platforms are not enumerated in available source materials.
- Plaid integration for securely connecting a business's other bank accounts to Highbeam.
- Highbeam Bill Pay: integrated vendor bill payment with no fees and no limits, supporting custom approval workflows. Vendor invoices can be paid using any card, including non-Highbeam cards, letting a business keep its existing card rewards and payment float; paying with a Highbeam card additionally earns cashback and can reduce processing fees.
- General accounting-software and expense-management integration support is published (`accounting_integration_available` and `expense_integration_available` are both true), though specific platform names such as QuickBooks are not individually named in available source materials.

## Fee Schedule

| Fee Type | Amount | Notes |
|----------|--------|-------|
| Monthly Maintenance | Free | No monthly maintenance fee and no minimum balance requirement. |
| Overdraft | Free | Highbeam does not offer overdraft services; transactions exceeding the available balance are typically returned or declined. |
| Excess Transaction | Free | No per-transaction or excess-transaction fees of any kind. |
| Foreign ATM | Free | No surcharge added on top of the ATM operator's own charge at out-of-network ATMs. |
| Domestic Wire (Outgoing) | Free | Subject to a $100 minimum transfer amount. |
| Domestic Wire (Incoming) | Free | No published dollar limit. |
| International Wire (Outgoing) — USD/SWIFT | $20 | Flat fee to cover SWIFT charges. |
| International Wire (Outgoing) — Foreign Currency | Free | No flat fee; includes no-fee currency exchange. |
| International Wire (Incoming) | Not specified | Not addressed in the Deposit Account Agreement (domestic wires only are documented). |
| Cash Deposit | Free | At in-network Allpoint ATMs only, up to $1,000/transaction and $2,000/day. |
| Stop Payment | Free | No stop payment fee. |
| Card Replacement (Rush) | Free | No card replacement fee. |
| Foreign Transaction | 1% of transaction amount | Charged by the Visa network on international card purchases — not a Highbeam fee. |

## Eligibility

- LLC (single- and multi-member)
- C-Corp
- S-Corp
- Sole Proprietorship
- Partnership
- U.S.-based business required
- No minimum time in business requirement published
- No minimum annual revenue requirement published

## Who Is This Account Best For?

### High-Growth, Multi-Member E-Commerce and Omni-Channel Consumer Brands
A venture- or founder-funded DTC or omni-channel consumer brand — structured as a multi-member LLC, C-Corp, or S-Corp — running significant paid acquisition spend across multiple online sales channels is Highbeam's core use case. Ecommerce platform integrations and a unified dashboard connect storefronts and marketplaces in one place, while the Cash Card and Flex Card turn digital advertising spend directly into cashback. Highbeam Capital, a revolving line of credit requiring no personal guarantee and no hard credit pull, is sized from roughly 15 days up to one month of the business's e-commerce payout revenue.

### Finance Teams Coordinating Vendor Payments Across Multiple Approvers
A multi-member LLC or partnership with more than one owner or finance operator who needs vendor bills approved by the right people before they're paid benefits from Highbeam Bill Pay's no-fee, no-limit custom approval workflows. Vendors can be paid with any card, including non-Highbeam cards, so a business keeps its existing card rewards and float. Free domestic wires and $20 flat international wires with no-fee FX conversion support a brand paying both domestic and international suppliers at volume.

### Cash-Rich Brands Holding Large Payout and Working-Capital Reserves
An omni-channel brand that has scaled past a $500,000 operating cushion benefits from Highbeam's balance-tiered APY, climbing from 0.89% at $150,000 to 1.23% at $500,000 and above. Extended FDIC insurance up to $3,000,000 through Highbeam's sweep network gives meaningful capital protection for large reserves. Because Highbeam does not currently support internal sub-accounts or multiple linked business accounts, automated sweep rules move idle funds between the operating account and a linked high-yield account instead.

## Bancadia Verdict

Choose the Highbeam Business Deposit Account if your business is a high-growth, multi-member e-commerce or omni-channel consumer brand that wants a genuinely fee-free checking account, ecommerce-specific integrations, Ad Spend-linked cashback on its charge cards, and access to revenue-based credit without a personal guarantee. The balance-tiered APY (up to 1.23% at $500,000+) and $3,000,000 extended FDIC coverage make it especially compelling for brands holding large payout reserves. Do not choose Highbeam if your business needs FedNow or RTP Network real-time payments, regular check writing, internal sub-accounts, or multiple linked business accounts — none of these are currently supported.

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*Data sourced directly from Highbeam, Inc. Last verified: July 11, 2026.*
*Bancadia earns a commission if you open an account through our links. This does not affect our editorial assessment.*