Digital operating account, innovative platform, and powerful network built for startups.
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Features that put you one step ahead
Apply online in as little as 5 minutes from any device - no lines, no hassle.
Earn up to 2.00% APY with Accelerator Checking.1 Plus, clients have exclusive access to an Accelerator Money Market Savings Account, which offers 3.55% APY on balances above $50,000. 2
Move money easily with unlimited free ACH. Plus, free incoming and outgoing domestic wire transfers when you maintain an average balance of $25,000 or more.
As a member of the FDIC, deposits are insured up to $250,000. Want more protection? Rest assured, Accelerator Checking grants you access to FDIC insurance up to $125 million.3
Debit cards with unique permissions to give autonomy to your employees while staying in control of company spending. Plus, unlimited 1% cash back on online and signature-based purchases.
We keep your account secure with multi-factor and mobile biometric authentication, 24/7 proactive fraud and transaction monitoring, dual controls and permissions and much more.
By partnering with a trusted sweep network, Grasshopper can strategically spread your deposits across multiple banks to expand your FDIC coverage. You’ll be able to receive extra peace of mind without the hassle of managing multiple banking relationships. Plus, you can access all of your deposits at any time.
As a nationally chartered bank, we uphold strict privacy policies and take all reasonable precautions to keep your private information safe. With bank-level security and encryption, your data is secure by default.
Virtual and physical debit cards, corporate credit cards, rewards on spend, custom controls, team management and much more.
Make secure purchases online or in-store with a tap, swipe or from your mobile wallet with your Grasshopper debit card and receive 1% cash back on qualified purchases.
Create and issue virtual debit cards to trust instantly. Utilize these virtual debit cards for in-person contactless payments or online purchases.
Issue team members virtual cards. Set spend limits, block unwanted categories and merchants.
Physical and virtual credit cards, expense management, automated receipt collection, team based controls and much more. ➜
Boost your savings potential with our Accelerator Checking and Money Market Savings account bundle.
Earn 3.55% APY on balances of $50,000 or more with Accelerator MMA Savings.
Move money in and out of your account as often as you please.
Enjoy peace of mind knowing that your deposits are insured up to $250,000.
Make and schedule payments from any device - via check or ACH.
Set up one-time or recurring ACH and international wire transfers — straight from your mobile app or desktop.
Seamless integrations with tools you can rely on from accounting to cash flow managment.
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 MoreGrasshopper Connect is an exclusive, curated community of investors from our network for startup clients seeking fundraising support.
Whether you want to utilize APIs for your own corporate use, or if you're looking to embed financial services for your end clients, we got you covered.
API BankingOpen an account online today.
Get Started
Accelerator Checking is available to all venture-backed startups with Seed to Series A funding, 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.
When opening an Accelerator 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 Accelerator 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 Accelerator 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 our Accelerator 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 within their network.
