Statement Audit · Free

Find The FeesHiding In Your Statement.

Upload one statement and RateIQ's credit card processing statement analysis reads every line — the downgrades, the padding, the markup your processor counts on you skipping. You'll see your true effective rate and exactly what you're overpaying.

Free — no credit card required. Read-only, and we never move your money.

Bank-level securityResults in minutesNo contract required

Built for merchants across

RestaurantsRetailSalons & SpasAutoE-commerceHealthcareHospitalityB2BFood & BeverageFitnessLegal ServicesHotelsContractorsNonprofitProperty ManagementEntertainmentHome ServicesRestaurantsRetailSalons & SpasAutoE-commerceHealthcareHospitalityB2BFood & BeverageFitnessLegal ServicesHotelsContractorsNonprofitProperty ManagementEntertainmentHome Services
How it works

From statement to savings in 60 seconds.

No spreadsheets, no sales call. Just upload and read what your processor never spelled out.

01

Upload one statement

Drag in a single monthly processing statement as a PDF. No login, no account, no connecting your bank.

02

We decode every fee

RateIQ reads your processor, pricing model, interchange, and every surcharge — including the ones buried in vague line items.

03

See where markup hides

Get your true effective rate, how it compares to your industry, and an estimate of what you could be saving each year.

What we catch

The fees processors hope you'll never notice.

Common markup tactics we surface from statements — each hidden behind a vague line item designed to slip past you.

Non-qualified downgrades

NQ / MISC

Cards quietly bumped to the priciest tier — the single most common padding tactic.

~$2,300/yr typicalIllustrative

Tiered "qualified" bait

QUAL TIER

A low headline rate that almost none of your transactions ever qualify for.

~$3,100/yr typicalIllustrative

Padded interchange markup

DISC RATE ADJ

Pennies of margin stacked on top of true cost on every single swipe.

~$1,900/yr typicalIllustrative

PCI "compliance" fee

PCI-DSS SVC

A recurring monthly charge for a service most merchants never actually use.

~$468/yr typicalIllustrative

These common tactics can quietly add up to several thousand dollars a year — often without the merchant ever knowing. Check your statement free →

Questions, answered

What merchants ask before uploading.

Is my data safe?
Yes. Your statement is encrypted in transit and analyzed read-only. We never ask for your banking login, we never move your money, and we never sell or share your information.
Do I have to switch processors?
No. RateIQ is independent. We show you what you're paying and where the markup hides — whether you renegotiate, switch, or stay exactly where you are is entirely your call.
What does it cost?
Nothing. Uploading a statement and seeing your true effective rate is completely free — no account, no credit card, no catch.
Which statement should I upload?
Any recent monthly processing statement works. Ideally upload the most detailed PDF your processor sends — a single month is enough for us to surface the hidden fees.
Built by merchants, for merchants

See what you're really paying.

Upload one statement and get the truth about your rate in under a minute. Free, no account, no switch required.

Encrypted in transit · Never sold, never shared · Always watching.