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Grasshopper Bank
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Grasshopper Bank Review 2023

With a high APY, cash back, built-in cash flow, invoicing, and no monthly fees, Grasshopper Bank has an enticing package for small business owners.

    Chelsea Krause
  • Last updated onUpdated

  • Shannon Vissers

    Shannon Vissers

    Lead Staff Writer: Payment Processing

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Grasshopper Bank

Total Rating 4.0
Rewards & Perks Excellent
Fees Excellent
Eligibility Requirements Good
Features Excellent
Customer Service Good
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Monthly Fee


Minimum Account Balance


Grasshopper Bank At A Glance

  • Grasshopper Bank has great rewards perks including up to 2.25% APY and 1% cash back
  • Grasshopper Bank offers a large amount of loan and lending options
  • No monthly fees and unlimited free ACH transfers

Chelsea Krause

Chelsea Krause

Lead Staff Writer
Chelsea Krause is a writer who specializes in accounting, payroll, and small business loans. She has been with Merchant Maverick helping small business owners manage their finances since 2016. She is a QuickBooks Certified User and former eCommerce store owner. Her accounting expertise has been quoted in Forbes and her work appears in Startup Nation, Small Business Bonfire, and Women on Business. Chelsea graduated summa cum laude with a BA in English & Creative Writing from George Fox University and studied abroad at the University of Oxford as well. She currently resides in Boise, Idaho.
Chelsea Krause
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Chelsea Krause

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