Banking that moves as fast as your ecommerce brand
Automate your cash flow with real-time insights, refreshingly transparent credit, and up to 4.54% APY deposit accounts1
Highbeam is a financial technology company, not a bank.
Banking services provided by Thread Bank, Member FDIC.
Designed to make you profitable,
not profit off you
If banking was built for brands, we would expect...
4.54% APY1
Earn interest up to 4.54% APY in all high yield accounts and up to 3.04% APY on all checking accounts. Setup auto-sweep rules to maximize yield with manual effort.
$3M FDIC insurance2
Building a brand can require carrying a large bank balance. Deposits are FDIC-insured up to $3M through our partner bank, Thread Bank, member FDIC.
No fee banking
No hidden fees. No wire fees. No monthly fees. No overdraft fees. No minimums. Just, no fees.
2% cash back on ad spend4
You’re spending hundreds of thousands a month on ads, why not get some of that hard working money back?
Take the pain out of payables
Get savings that actually matter
We’ve partnered with the leading ecommerce tools and services to get you monthly and annual savings.
One card, many cards, and cashback with a card that keeps you on track
High limits, no late fees, and up to 2% cashback with no yearly limits4. Put your card spend on autopilot to save thousands of dollars every month.
on everything
No limits
Transparent yield
Earn up to 4.54% APY in your high yield account, and up to 3.04% in your operating account as your balance grows1. Maximize yield by moving excess funds to your high yield account with Smart Yield.
Highbeam gives you best-in-class banking features, for free
Here’s how we stack up against the banks you’re used to dealing with.
Start making sense of your expenses today
Don’t worry about switching banks, cards, or anything else. Start getting insights when you connect your store data.
FAQs
Highbeam is open to ecommerce and omni-channel brands. To be eligible, you must be a U.S. company with the following:
- Personal identification documents from the business owner
- The business’s Employer Identification Number
- Business name, industry, address, email, and telephone number
- Registration certificates, business licenses, and/or articles of incorporation
Yes, your deposits qualify for up to a maximum of $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program here and a list of program banks here. You can learn more about FDIC insurance on the FDIC website.
We believe in transparent, accessible financial services. Because of that, there are no hidden fees or costs. That is, no minimum account balance needed, no ACH, domestic wire or overdraft fees, and no monthly or annual fees. Advanced features such as Highbeam Capital charges a flat interest rate on loans, clearly called out as APR. International transfers sent in USD have a flat fee of $20 to cover SWIFT charges and non-USD transfers are free after currency exchange. International transactions made via Highbeam cards incur a 1% fee that’s charged by Visa.
Yes, ACH (electronic transfers) are free with any Highbeam account.
Yes, domestic wire transfers are free with any Highbeam account.
Yes, we support international wire transfers. USD transfers have a flat fee of $20 to cover SWIFT charges and for non-USD transfers Highbeam provides no-fee currency exchange.
Yes, you can use electronic check deposits for free with any Highbeam account.