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Account Options

  • Accelerator Checking

    Secure operating accounts with powerful digital tools for early stage companies seeking to raise capital, scaling for growth, or funded by institutional investors.

    • Up to 1.35% APY
    • Unlimited 1% cash back
    • Unlimited fee-free transactions
    • Free domestic ACH & wire transfers
    • FDIC insurance coverage up to $250,000
    • Enhanced FDIC insurance up to $125 million
    • No monthly or overdraft fees
    • $100 minimum opening deposit

    Apply online in minutes and start accessing your funds, earning APY, and using our digital tools immediately.

    Open an Account
  • Accelerator Savings

    High-yield savings account built for venture-backed startups. Perfect for founders looking to set aside capital, optimize runway, and prepare for the next stage of growth.

    • Up to 3.00% APY
    • Unlimited fee-free transactions
    • Free domestic ACH & wire transfers
    • FDIC insurance coverage up to $250,000
    • Enhanced FDIC insurance up to $125 million
    • No monthly maintenance fees
    • $100 minimum opening deposit

    Apply online in minutes and start accessing your funds, earning APY, and using our digital tools immediately.

    Open an Account

Frequently Asked Questions

  • Through our partnership with Ramp, the #1 corporate card and finance platform, clients can apply for a corporate card on a referral basis in as little as 15 minutes. As a bonus, clients will also receive a $500 Amazon eGift Card after spending $1,000 within 30 days of account opening.

    Benefits of a Ramp Card:

    • Free 5-in-1 finance automation software
    • Unlimited physical & virtual cards with up to 20x higher limits than traditional offerings 
    • Zero-touch expense software with receipt automation, blazing fast bill payments, and seamless accounting integrations to close your books 8x faster
    • Uncapped 1.5% cash back and spend insights that save customers an average of 3.3% annually.

    For venture capital and private equity management companies interested in apply for a Ramp card, we recommend applying post-fund closing if management fees will be a primary revenue source. If you have further questions, please reach out to your Relationship Manager directly.

    To learn more about Ramp and how to unlock your exclusive offer for a $500 sign-up bonus, click here.

     

     

     

     

  • At Grasshopper Bank, cryptocurrency transactions and entities are considered regulated and specialized business activities. To ensure a compliant and sustainable banking relationship for all our clients, regulated and specialized business activities may require a tailored due diligence process. If your business operates in a regulated or specialized vertical, our team will partner with you to gather the necessary information and documentation, such as applicable licenses or registrations, both during onboarding and throughout our relationship.

    For more information, please refer to our Regulated & Specialized Activities Guidelines.

  • At Grasshopper Bank, we welcome innovators across a diverse range of industries. We understand that your business may operate in a field with specific rules or unique needs, and we’re here to support you. For more information, please refer to our Prohibited & Restricted Activities Guidelines.

    If you’re unsure whether your business or activities are permitted, please contact Client Services.

  • Grasshopper Bank is a member of the FDIC, which means your deposits are insured up to $250,000.

    Our sound banking practices along with enhanced security features, such as dual control and multi-factor authentication, also help to ensure your account is secure.

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