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 minimum balance requirements once the account is open.
Innovator Business Checking also offers unlimited transactions with no monthly fees and unlimited transfers, including free ACH and incoming domestic wires. Plus, clients can enjoy the benefit of unlimited 1% cash back on online and signature-based purchases, no overdraft fees or NSF charges, and fee-free withdrawals at 37,000+ MoneyPass and 8,500+ SUM ATMs nationwide. Additional third-party ATM fees may vary by ATM operator.
For more information, please refer to the Innovator Business Checking Fee Schedule.