Currently, Karat Banking does not offer cashback or rewards. However, Karat Banking members may qualify for new account funding bonuses, referral bonuses, or free trials for Karat Premium. Login to your dashboard to see what offers are available to you!
All offers are subject to terms and conditions as outlined in the Karat Premium Program Terms of Service.
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.