Skip to main content
Download the Karat app now. Exclusively for iOS

One plan. Everything included.

Every Karat account comes with the same banking, card and payment tools. No tiers, no monthly fee.

  • Business checking accounts*Included
  • APY on checking[standard_checking_rate]%
  • APY on Automated Tax Planning (ATP) balance[standard_atp_rate]%
  • Banking Card cash back1% on all spend
  • Charge Card rewards1x points on all spend
  • ACH & incoming wiresFree
  • Outgoing domestic wires$20
  • Monthly fee$0

*Karat is a financial technology company, not a bank. Banking services provided by Grasshopper Bank, N.A., Member FDIC.

Pricing FAQ

  • What’s included with a Karat account?

    Every Karat account is free and includes a business checking account, an Automated Tax Planning account earning [standard_atp_rate]% APY, free ACH transfers, free incoming wires, 1% cash back on Karat Banking Card purchases, and access to the Karat Visa® business charge card. No monthly fee, no minimums.

  • Do I earn rewards with Karat?

    Yes. The Karat Charge Card earns 1 point for every dollar you spend, redeemable for statement credits. Purchases on your Karat Banking Card earn 1% cash back.

  • Are there foreign transaction fees on the Karat card?

    No — the Karat Visa® business charge card has zero foreign transaction fees. You can spend internationally without any penalty or surcharge.

  • Is there a monthly fee?

    No. There’s one Karat plan and it has no monthly fee, no minimums, and no annual fee on the charge card. ACH transfers and incoming wires are free; outgoing domestic wires are $20.

  • Is my money FDIC insured?

    Yes. Banking services are provided by Grasshopper Bank, N.A., Member FDIC. Your deposits are insured up to applicable FDIC limits.

  • How is my Karat card credit limit determined?

    Karat evaluates your limit based on your business revenue and performance — not just your personal credit score. Most businesses get a decision in minutes without impacting their credit.

Related Reading

Your Financial Stack as a CreatorWhat Creators are ACTUALLY Making5x Your Creator Income in 2025
Karat is a financial technology company, not a bank. Banking services and the Karat Visa® Business Banking Card are provided by Grasshopper Bank, N.A. and First Internet Bank of Indiana, Members FDIC, pursuant to separate licenses from Visa U.S.A. Inc. The Karat Business Charge Card is issued by First Internet Bank of Indiana and Cross River Bank, Members FDIC, pursuant to separate licenses from Visa U.S.A. Inc.