Apply at app.trykarat.com. You’ll receive confirmation by text and email once approved.To fund your account, go to Banking > Move Money > Add Money in your dashboard. You can begin using your virtual Banking Card immediately while waiting for your physical card to arrive.
Provide your new Karat account details to any platforms or partners that send you payments, such as payroll providers, brand partners, marketplaces, or ad platforms.Make sure future direct deposits are routed to your Karat Checking account.
Update any services that charge your previous bank account or card. This includes subscriptions, utilities, rent, insurance, software tools, and linked payment platforms such as PayPal or Venmo.For detailed instructions, see Update your subscriptions after switching to Karat.
Move any remaining balance from your old account once pending transactions have settled. Keep sufficient funds in your old account for 30 to 60 days to avoid missed or delayed charges.
After confirming that deposits and recurring payments are successfully routing through Karat, you can close your previous account.Karat is a financial technology company, not a bank. Banking services provided by Grasshopper Bank, N.A., Member FDIC. The Karat Visa® Business Credit Card is issued by Cross River Bank, Member FDIC, and pursuant to a license from Visa️ USA.
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