Karat Banking offers FDIC-insured checking accounts coupled with Visa® cards that can be used at any merchant that accepts Visa cards. Karat also offers the Karat Visa® Business Credit Card which sets credit limits based on your social media metrics and finances.
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.