Skip to main content

How is Karat Banking different from other banking products?

Karat Accounts avatar
Written by Karat Accounts
Updated this week

Karat Banking understands your creator businesses and we ensure you have all the tools you need to grow.

Other banks make it hard to send money when you need to, can’t compete with our APY yield rates, and don’t align with your unique business needs like we do. Karat understands how you operate and your specific needs; big banks aren’t built for you, but we are.



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.

Did this answer your question?