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How much does Karat Premium cost? Can the fee be waived?

Concierge avatar
Written by Concierge
Updated over 2 weeks ago

Karat Premium has a $20/month subscription fee per organization. The $20/month fee is waived if your organization maintains an average monthly balance of $35,000 or more.





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 9/22/25 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.

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