Karat Banking offers a free, robust business banking product for any creator business, including checking accounts, ACH and wire transfers, Visa® cards, and automatic tax planning accounts.
We also offer Karat Premium Banking for only $20 a month waivable by maintaining a $35k average balance each month. Karat Premium unlocks earning up to 3.00% on your checking and automatic tax planning accounts, free domestic wires, 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.