To issue a new card, log in to your Banking dashboard at app.trykarat.com/signin. Then, navigate to the Banking > Cards section. Select Issue New Card, and choose the employee you want to assign the card to. You can confirm a spending limit on that card.
If the employee is not already part of the organization, you can add them in Settings > Manage team > Invite team member.
Note: Banking card spending limits are tied to the employee and shared across all card(s) that are issued to them.
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 9/09/25 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.