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What happens if my transaction is declined?

Karat Accounts avatar
Written by Karat Accounts
Updated this week

Karat maintains robust fraud and risk mitigation systems, which may lead to transactions being blocked. To ensure the safety of your Karat Banking account, we will notify you if a transaction is flagged due to potential fraudulent activity.
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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.

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