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Billing cycle

Your Karat Card billing cycle runs from the 1st through the last day of each month.

Payment due date

Your statement balance is due on the 1st day of the following month. For example, your February balance is due on March 1. Payment due dates cannot be changed.

Autopay timing

Autopay runs automatically on the 1st of each month at 6:00 AM Pacific Time. Autopay is designed to help ensure your full statement balance is paid on time.

Rescheduling a payment

If you need to reschedule a payment, contact our team as soon as possible. We must be notified at least two business days before the 1st to successfully pause or adjust autopay. Depending on your situation, our repayments team may set a new payment date or establish a payment plan. Karat is a financial technology company, not a bank. Banking services provided by Grasshopper Bank, N.A., Member FDIC. The Karat Visa® Business Credit Card is issued by Cross River Bank, Member FDIC, and pursuant to a license from Visa️ USA.