Available nationwide, Grasshopper Bank Business Checking is offering a staggering 1.80% APY Rate on balances over $10,000. On top of that, earn 1% cash back with no monthly fee and unlimited transactions.
Update 11/25/24: If you have a business checking account earning little to no interest, consider this account to earn up to 1.80% APY on top of 1% cash back on your transactions! An alternative is the Live Oak Bank Business Savings account currently yielding 4% APY.
About Grasshopper Bank
Grasshopper is a client-first digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.
| Balance Requirement | APY Rate |
| $0.01 – $24,999.99 | 1.00% APY |
| $25,000 to $250,000 | 1.80% APY |
| $250,000+ | 1.00% APY |
Grasshopper Bank Business Checking Rate
- Learn More at Grasshopper Bank
- Account Type: Business Checking
- Interest Rate: Up to 1.80% APY + 1% Cash Back
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Credit Card Funding: Unknown
- Opening Deposit: $100
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Grasshopper Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | ? |
| Pull | ? | ? | ? | ? |
Why You Should Sign Up For This Account
- Innovator Checking clients get exclusive access Grasshopper’s to Innovator MMA Savings account which earns 3.30% APY with balances over $25,000.
- Convenient Payment Options: Make secure purchases online or in-store with a tap, swipe or from your mobile wallet with your Grasshopper debit card.
- 24/7 Access to your Money: 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: Elevated security allows you to lock and unlock your card in seconds.
- Unlimited Transfers: Move money easily with unlimited free ACH and incoming domestic wires.
| PROMOTIONAL LINK | OFFER | REVIEW |
| U.S. Bank Silver Business Checking Package | $900 Cash | Review |
| U.S. Bank Gold Business Checking Package | $900 Cash | Review |
| U.S. Bank Platinum Business Checking Package | $900 Cash | Review |
| Chase Business Complete Checking® | $300 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $100 Cash | Review |
| Axos Bank Basic Business Checking | $400 Cash | Review |
| Axos Bank Business Interest Checking | $400 Cash | Review |
| Regions Bank Business Checking | $150 Cash | Review |
| NorthOne Business Checking | $20 Credit | Review |
| Novo Business Checking | $75 Cash | Review |
| BlueVine Business Checking | 2.00% APY | Review |
Bottom Line
Finally, check out Grasshopper Bank and open a Business Checking account this amazing rate! The fact that you can earn a high rate on any balance makes this checking account all worthwhile. Let us know about your experience with this bank and comment below.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Check back often to see the latest info on Grasshopper Bank Business Checking.
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