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Good news - we don’t charge any fees for making deposits! Just keep in mind there may be limits on how much and how often you can transact. For withdrawals and transfers, fees can vary depending on the method you choose. Our fee schedule is detailed below:
Fee DescriptionFee Amount & FrequencyAdditional Details
Karat Premium Monthly Maintenance Fee$20.00 / monthCharged to maintain Premium Account status. Waived if an average monthly balance of $35,000 is maintained.
Karat Basic Domestic Outbound Wire Fee$20.00 / per wire sentCharged only to Karat Basic accounts. Free for Karat Premium.
International Outbound Wire Fee$40.00 / per wire sentApplies to all account tiers.