Karat Banking uses bank-grade security measures including encryption to keep account information secure. Karat also maintains AICPA SOC 2 Type II accreditation which certifies the safety and security of our systems. You can find out more about the efforts that Karat undergoes to ensure the security of your information at trust.trykarat.com.
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.