To set up direct deposit, you can find your account ACH details on the homepage of the app or via the “Send money” feature. You’re able to set up direct deposit with any service that supports it, like YouTube, Instagram, Twitch, Shopify, and more.
Karat is a financial technology company and not a bank. Banking services provided by Grasshopper Bank, N.A., member FDIC.
Karat perks including offering APY rewards on deposits are offered by Karat. The advertised rates are effective as of 4/18/25 and are subject to change. See Deposit Account Agreement Disclosures (trykarat.com/deposit-account-agreement-disclosures) and Karat Premium Terms of Service (trykarat.com/karat-premium-terms-of-service) for details.