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How is Karat different from other cards?
Karat Concierge avatar
Written by Karat Concierge
Updated over a week ago

Karat was designed for creators and creative-led businesses.

Our specialized underwriting has provided 80% more capital to our members. Our rewards include categories not offered by other banks, returning more money to your bottom line. And our concierge service leads the industry in satisfaction scores.

Additionally, we offer Certified Financial Planning to help with corporate structuring, planning, and taxes. We also host events for creators and creatives to network, learn, and advance their goals.

Here’s how we compare to other cards on the market:

Karat

Chase

Amex

Eligibility

No credit score required

690+ credit score

690+ credit score

Annual fee

None

$0–$550

$0–$695

Interest

None

Up to 23%

Up to 24%

Employee cards

Free

Varies

Varies

Foreign transaction fees

None

3%

3%

Rewards

1–3x custom categories

1–5x selected categories

1–5x selected categories

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