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The Savings Account Your Runway Deserves

Earn up to 3.00% APY 1on savings and unlock 5%+ target yields plus a $5,000 cash bonus via Waldo Treasury.2

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Trusted by Startups & Investors

Maximize Your Runway, Minimize Your Risk

From high-yield savings to AI-driven treasury management, we provide the tools and human expertise startups need to make every dollar work harder.

  • Accelerator Savings

    Turn your idle cash into a powerful growth tool. Earn 1.55% APY on balances between $0.01 and 24,999.99 and 3.00% on balance $25k and up.

  • Waldo Treasury

    Available exclusively for our startup clients, we partnered with Waldo to help optimize returns through smarter cash positioning, with target yields of up to 5%+.2

  • 24/7 Online & Mobile Banking

    Empower your business with digital banking tools at your fingertips. From seamless software integrations to real-time financial visibility, our platform is built for modern entrepreneurs.

  • Enhanced FDIC Insurance

    Scale your startup with confidence. Your funds are protected by standard FDIC insurance up to $250,000, with access to enhanced coverage up to $125 million through our extended network.3

  • Dedicated Support

    Experience unparalleled service with a dedicated onboarding specialist via Google Meet. Plus, real humans, real expertise always available via phone, chat, email or secure message whenever you need it.

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High-Yield Fuel for Your Runway

Stop letting your cash sit idle. With tiered interest rates up to 3.00% APY, our Accelerator Savings account ensures your capital is constantly working to extend your runway while remaining fully liquid.

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Power up your treasury

  • Up to 5%+ Yield2

    Waldo minimizes fees, automates holdings and provides best-in-class yield on idle company cash.

  • 6 Tailored Strategies

    Explore a diverse array of investment strategies tailored to different risk and return goals.

  • Same-Day Withdrawals

    Instant access to your cash whenever you need it.

  • $75M SIPC Coverage

    Extended SIPC protection to safeguard your funds.

Your Path to Smarter Treasury

Follow these steps to activate Waldo’s AI-driven cash management, connect with a dedicated Relationship Manager, and unlock up to $5,000 in cash bonuses.2

  1. Open a Grasshopper Account

    Open an Accelerator Checking or Money Market Savings account to unlock exclusive tools and offers designed specifically for the needs of Grasshopper startup clients.

  2. Meet Eligibility & Join Waitlist

    Once your balance reaches $250,000, join the waitlist for Waldo. Access custom treasury portfolios and AI-driven insights that adapt to your specific needs for liquidity and yield.

  3. Start Optimizing

    Once on the waitlist, a Relationship Manager will reach out to help you optimize your cash. Meet requirements to unlock exclusive incentives up to 3 months fee-free + $5k cash bonus.3

Get Started

Automate Your Finances with Grasshopper AI Connections

In just a few minutes, you can easily and securely connect your Grasshopper Bank account to your preferred AI tool, granting it secure, read-only access to live bank data. This seamless integration allows you to get instant answers to your most complex questions about your spending, savings, and cash flow—providing actionable insights, smarter financial guidance, and better visibility into your finances.

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Digital-first approach Access powerful digital tools anywhere, anytime

  • Make and schedule payments from any device - via check or ACH.

  • Deposit a check in seconds by taking a photo. Unlimited check deposits, no additional charge.

  • Connect to Quickbooks, Autobooks or your preferred accounting software to streamline your bookkeeping.

  • Manage users, set permissions, create approval workflows and establish security measures.

Award-Winning Digital Banking Solutions

Nimble Award

Gonzo Banker Awards 2025

Banking Tech of the Year

US FinTech Awards 2025

Best Use of Tech in Business Banking

Banking Tech Awards USA 2025

Best Use of Tech in Business Banking

Banking Tech Awards USA 2024

Best Risk Implementation

IBSi Global Fintech Innovation Awards 2024

Innovation in Integration

Narmi Innovation Awards 2024

Best Use of Tech in Business Banking

Banking Tech Awards USA 2023

Join thousands of business growing with Grasshopper

Open an account in as little as 5 minutes.

Apply Now

Frequently Asked Questions

  • Yes! The minimum opening deposit for an Accelerator Savings account is $100.

  • The rate tiers to earn interest on your deposits are below:

    • 1.55% APY applies to balances of $0.01—$24,999.99.
    • 3.00% APY applies to balances of $25,000 and up

  • At Grasshopper we use the daily balance method to calculate interest on our deposit accounts. This method applies a daily periodic rate to the principal available in your account each day.

    For more information about rates, refer to our rate sheet.

© 2026 Grasshopper Bank, N.A. | Member FDIC. Equal Housing Lender | All rights reserved

1. Annual Percentage Yield (APY) is accurate as of 01/05/2026. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.55% APY applies to balances of $0.01—$24,999.99.  3.00% APY applies to balances of $25,000 and up.  Rates may change after the account is opened. Fees may reduce earnings.

Important Tax Information
The value of this reward may constitute taxable income and may be reported to the Internal Revenue Service as miscellaneous income to the first signer on the account, in the year received, as required by applicable law. Offer is limited to clients who are citizens of the United States that furnish or have a valid Form W-9 on file and the account must not be subject to backup withholding. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax adviser, as Grasshopper Bank does not provide tax advice. Grasshopper Bank reserves the right to modify or discontinue this program for any reason without notice, except as otherwise expressly indicated.

2. Grasshopper Bank, NA is a bank operating in partnership with Waldo.ai, Inc., is not a Registered Investment Advisor or a Broker Dealer and does not provide investment advice or services. All investment services are provided by Waldo.ai, Inc. and its custodian. Treasury accounts are brokerage accounts, not bank accounts and are SIPC insured, not FDIC insured.

Waldo.ai, Inc. (“Waldo”) is registered with the U.S. Securities and Exchange Commission as an Investment Adviser. Registration does not imply a certain level of skill or training. This website is for informational purposes only, is intended solely for U.S. accredited investors, and does not constitute an offer to sell or a solicitation of an offer to buy any securities. It should not be construed as investment, tax, legal, or other advice. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to purchase any securities, or a recommendation regarding any investment strategy or product.

Past performance is not indicative of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses. Any projections, estimates, or forward-looking statements are speculative in nature, are based on certain assumptions, and are subject to change without notice.

This information contains certain “forward-looking statements,” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential” and other similar terms.

Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of the depicted investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting operations that could cause actual results to differ materially from projected results.

To view the entire Solicitor Disclosure Statement, click here.

3. By opening an Accelerator Money Market Savings account you have access to Grasshopper’s ICS Deposit product. If you choose to open a ICS Deposit account through Grasshopper Bank N.A. you deposit your funds into a deposit account at Grasshopper bank which  sweeps those funds into deposit accounts across a network of FDIC-insured banks, for up to the current SMDIA of $250,000 per eligible depositor, per destination institution, for each ownership capacity or category, subject to applicable terms and conditions of Grasshopper’s ICS Deposit Placement Agreement. A sweep network is a secure network of partner banks that allows us to strategically distribute your ICS Deposit balances. This way, your funds are held by multiple trusted, FDIC-insured banks within the network, and you can manage your finances more confidently, knowing that your deposits are protected up to $125 million instead of the standard limit of $250,000, subject to change at any time by Grasshopper. Terms and restrictions apply. Subject to applicable rate sheet. Interest rates and yields are effective as per the date on the rate sheet and are subject to change without notice. See applicable rate sheets. See our Account Agreements and other applicable terms. Grasshopper Bank, N.A. uses a third-party vendor and agent to help administer this sweep process. Grasshopper Bank reserves the right to modify or discontinue this program for any reason without notice, except as otherwise expressly indicated.

For full terms and conditions about our products and services, please refer to the Master Service Agreement.

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