Grasshopper Bank

Grasshopper Bank, N.A.

Chartered digital bank with free checking that pays interest

Grasshopper is a nationally chartered digital bank. Its Innovator Business Checking has no monthly fee, needs $100 to open, and pays interest on the balance. ACH, bill pay, and incoming wires are free; outgoing domestic wires cost $10. It suits an online business that keeps a cash cushion in checking. Cash goes in only at select MoneyPass ATMs, which makes it a poor fit for a business that deposits cash often.

FreeMultiple, with approval rulesUS
Image from grasshopper.bank

What Grasshopper Bank connects to

Accounting tools in our catalog · found on vendor and marketplace pages, October 2026 · 1 of 1 checked by us

Sources

Getting help with Grasshopper Bank

How to reach them
  • Phone: plans not stated · M-F 9am-9pm ET
  • Email: plans not stated
  • Web form: plans not stated

We found no public status page for Grasshopper Bank, N.A..

From Grasshopper Bank, N.A.'s support and pricing pages, October 2026 · checked by us 2026-10-14 · How we gather this

Sources

What reviewers say about Grasshopper Bank

Each site has its own reviewers, so we show the scores side by side and never average them. App ratings cover the mobile app only. Scores read Oct 28, 2026. How we show reviews

Recent changes at Grasshopper Bank

  • Noticed Oct 2026PriceGrasshopper Bank's outgoing domestic wire fee dropped from $10 to $5; it still has no monthly fee and a $100 opening deposit. grasshopper.bank

Picked from Grasshopper Bank, N.A.'s own pages and the press, reviewed by us before publishing · checked weekly, last check Oct 26, 2026 · How we pick news

Why people pick it

  • Checking that pays interest
  • A chartered bank, not a fintech layer

Where it falls short

  • Outgoing wires cost $10 domestic, $25 international
  • Cash deposits only at select MoneyPass ATMs

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