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Forward-thinking featuresChecking designed to drive your business forward

  • Easy Digital Account Opening

    Apply online in as little as 5 minutes from any device - no lines, no hassle.

  • Earn up to 3.75% APY

    Earn up to 2.25% with Innovator Checking. Plus, clients have exclusive access to an Innovator Money Market Savings Account, which offers 3.75% APY on balances $25,000 and up.2

  • Unlimited Transfers

    Move money easily with unlimited free ACH and incoming domestic wires. Plus, no monthly fee and unlimited transactions.

  • Rewards Debit Card

    Receive a free VISA debit card and earn unlimited 1% cash back on online and signature based purchases.

  • 24/7 Online & Mobile Banking

    Access powerful digital banking tools at your fingertips and exclusive perks from industry leaders in our marketplace.

Apply Now

Meet the Grasshopper Business Debit Card

  • Convenient Payment Options

    Make secure purchases online or in-store with a tap, swipe or from your mobile wallet.

  • 24/7 Access to Your Money

    Enjoy fee-free withdrawals at 37,000+ MoneyPass and 8,500+ SUM ATMs nationwide.

  • Earn Unlimited 1% Cash Back

    Get 1% cash back on online and in-store signature based purchases.

  • Instant-Issue Virtual Cards

    Create and issue virtual debit cards instantly. Utilize these virtual debit cards for in-person contactless payments or online purchases.

  • Digital Card Controls

    Lock and unlock your card in seconds from any device with elevated security

Maximize your earnings

Boost your savings potential with our Innovator Checking and Money Market Savings account bundle.

  • Earn More on Your Idle Cash

    Earn 3.75% APY on balances of $25,000 or more with Innovator MMA Savings.

  • Unlimited Transfers

    Move money in and out of your account as often as you please.

  • FDIC Insurance

    Enjoy peace of mind knowing that your deposits are insured up to $250,000.

Put your money to work for you Open an Account

Partners & Perks

We firmly believe in a partnership approach to helping our clients achieve their goals. In addition to the powerful digital tools we provide directly, clients also receive exclusive access to our partner marketplace.

Learn More

We are GrasshopperWhy partner with us

Grasshopper combines the best of banking technology and years of industry expertise to deliver financial solutions, trusted security and unparalleled support to propel businesses forward.

  • Enhanced FDIC Insurance

    Access enhanced FDIC insurance up to $125 million. 3

  • Top Notch Security

    Your data and money are secure with two-factor authentication, fraud monitoring, bank-level encryption and security.

  • Dedicated Support

    Real humans with real expertise dedicated to giving your business the personalized attention it deserves.

Funding to scale your business

Need financing to buy a business, revamp current facilities, buy out a partner, or refinance debt? No problem! We have a loan option for you.

SBA Lending

Frequently Asked Questions

  • Innovator Business Checking is available to all small business owners, not including those in the following industries: adult entertainment, gambling, illegal substances, virtual currency, or weapons and firearms.

    To open an account, you must be 18 years of age or older and a U.S. citizen or permanent U.S. resident with a verifiable address in one of the 50 states or District of Columbia. U.S. Territories, including Puerto Rico, are ineligible. Other restrictions may apply.

    For full terms and conditions, please refer to our Master Service Agreement.


  • Many banks offer the option of opening a bank account online or in person. Whatever process you choose, the documentation needed is generally the same. Below you will find a list of information that you will need to provide to open an Innovator Business Checking Account.

    Company Information
    • Type of legal entity
    • Legal name of entity
    • EIN/Tax ID number
    • State of Registration
    • Month/year established
    • Company phone number
    • Company description
    • Company address
    Applicant Information
    • Legal name
    • Job title
    • Ownership %
    • Physical Address
    • Email address
    • Phone number
    • Date of birth
    • SSN/Tax ID number
    Owners/Authorized Signers/Control Person
    • Legal name
    • Job title
    • Ownership %
    • Email address
    • Physical address
    • Phone number
    • Date of birth
    • SSN/Tax ID number

    Beneficial owner information will be required for each individual who owns 25% or more, directly or indirectly, of the company.

  • When opening an Innovator Business Checking account, we will ask for a minimum deposit of $100. Initial funding deposits are provided by manual ACH or linking to an external account at another financial institution via Plaid.

    Once you’ve been approved and the account is open, the funds for your initial deposit will be made available within 5 business days beginning on the first day that the funds are posted to your account. Although an initial funding deposit is required to open an account, there are no monthly fees or minimum balance requirements.

    For more information, please refer to our Innovator Business Checking Fee Schedule



  • One of the benefits of choosing Grasshopper as your primary financial institution is that you can avoid the hidden fees that are often associated with traditional banking.

    When opening an Innovator Business Checking account, we do require a minimum deposit of $100. However, there are no monthly fees or minimum balance requirements once the account is open.

    For more information, please refer to the Innovator Business Checking Fee Schedule.



  • As a digital-first bank, we provide powerful digital tools to easily deposit checks from your mobile device. We do not offer cash deposits at this time.

    For more information about manual check processing or assistance with mobile check deposit, please reach out to Client Services.

  • At this time, we do not support Zelle as an integration. However, we have partnered with Plaid to provide our clients with a safe way to connect their checking accounts to other modern payment apps, such as Venmo.

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