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Helcim

Direct lenderLast reviewed August 25, 2026
Business account
8.7
Overall
Our verdict

Helcim is merchant payments (card processing), not a bank loan. Compare interchange-plus or published processing fees.

Cost
8.6
Flexibility
8.8
Transparency
8.8
Service
8.4

Priya Shah · Editor, mortgages and comparison services · Scores are editorial and do not affect list order, which is set on published price.

Our review

Suits: A business that needs to take cards and wants the processing fee in the open.

What stands out

  • Merchant processing
  • Published fee model
  • Not a deposit account

Listed with business products in United States. Supervision: OCC, FDIC and the CFPB. Editorial review — not advice to switch processors.

Pros

  • Fee model is the comparison.
  • Stays off consumer loan pages.
  • A processing quote is not a loan approval.

Cons

  • Processing is not FDIC deposit insurance deposit insurance.
  • Hardware, chargebacks and payout timing sit outside a headline rate.

Questions about Helcim

Does this replace a business checking account?

No. You still need somewhere for payouts to land. See business accounts.

Products you can apply for

1 products in this market

Helcim

8.74.4(1)
Savings rate
Not shown here
Deposit
n/a
  • Free withdrawals
Open account
Full review

We do not show a rate for this account. The provider publishes one, but not the qualifying balance, opening deposit and rate date that must be shown alongside a yield in this market — and quoting the rate without them would be worse than leaving it out. The provider's own page carries the current figure.

Example

No monthly, software, statement, PCI or cancellation fees. Interchange+ margins: $0–$50k 0.40%+8¢ in-person / 0.50%+25¢ keyed/online; $50–100k 0.35%+7¢ / 0.45%+20¢; $100–500k 0.25%+7¢ / 0.35%+20¢; $500k–$1M 0.20%+6¢ / 0.25%+15¢; $1–5M 0.15%+6¢ / 0.15%+15¢. Recurring-payments add-on +0.4%. Chargeback $15 if lost; ACH reject $5. Smart Terminal $349 or $32/month. Source: helcim.com/pricing FAQ, 2026-08-27.

Helcim: No monthly, software, statement, PCI or cancellation fees. Interchange+ margins: $0–$50k 0.40%+8¢ in-person / 0.50%+25¢ keyed/online; $50–100k 0.35%+7¢ / 0.45%+20¢; $100–500k 0.25%+7¢ / 0.35%+20¢; $500k–$1M 0.20%+6¢ / 0.25%+15¢; $1–5M 0.15%+6¢ / 0.15%+15¢. Recurring-payments add-on +0.4%. Chargeback $15 if lost; ACH reject $5. Smart Terminal $349 or $32/month. Source: helcim.com/pricing FAQ, 2026-08-27.

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