Need to cancel your free trial? Here’s what happens:
Your KP subscription will end immediately.
Yield stops accruing.
All earned yield will be paid on the 1st of the following month.
If you decide to resubscribe to Karat Premium, you can do so anytime under ‘Manage Karat Premium Subscription’.
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.