Grasshopper Bank Accelerator Checking

Startup checking from a federally chartered digital bank: no monthly fee, interest on balances, 1% debit cash back and a partner marketplace.

Grasshopper BankUpdated weekly · checked 5 h ago

Grasshopper Bank Accelerator Checking is a banking and fintech perk from Grasshopper Bank, offering free startup checking; up to 1.35% APY; 1% cash back; partner marketplace, for startups in the US, no funding required.

Who qualifies
No funding needed
Benefit type
Free plan
What you get

Inside Grasshopper Bank Accelerator Checking

Accelerator Checking from Grasshopper Bank, N.A., a federally chartered digital bank: no monthly fee ($100 minimum opening deposit), up to 1.35% APY on balances from $25,000 to $250,000, 1% debit cash back with a $10,000 average monthly balance, free domestic wires with a $25,000 average balance, optional sweep coverage up to $125 million, savings up to 3.00% APY, and a partner marketplace.

Eligibility

Who it's for

Funding / backing
No funding needed
Geography
United States
Deadline
Apply by October 20, 2026Apply soon
Other requirements
For startups; the applicant must be 18 or older and a US citizen or permanent resident with an address in the 50 states or DC.
How to claim

How to apply for Grasshopper Bank Accelerator Checking

What to have ready
  • A short description of what your startup does
  • A company email on your own domain
Steps to apply
  1. 1Open Accelerator Checking online at grasshopper.bank (digital account opening in ~5 minutes).
Good to know: Re-verified on grasshopper.bank on 2026-09-25: the earlier 'up to 4.00% APY' is gone (checking up to 1.35%, savings up to 3.00%). Grasshopper Bank, N.A. is a chartered, FDIC-insured digital bank.
Value is the headline maximum Grasshopper Bank advertises. What your company actually receives depends on your eligibility and how you use the program, and terms can change. Independent comparison, not affiliated with the programs listed. Confirm current terms on the provider's page.
If you don't qualify

Compare other banking & fintech programs

Grasshopper Bank Accelerator Checking has eligibility restrictions. These alternatives have no accelerator or investor requirement. Check each provider’s current terms and availability.

Questions

Grasshopper Bank Accelerator Checking: common questions

What do you get with Grasshopper Bank Accelerator Checking?

Grasshopper Bank Accelerator Checking offers free startup checking; up to 1.35% APY; 1% cash back; partner marketplace.

Who qualifies for Grasshopper Bank Accelerator Checking?

Grasshopper Bank Accelerator Checking is for startups in the US, no funding required. For startups; the applicant must be 18 or older and a US citizen or permanent resident with an address in the 50 states or DC.

Do I need to be VC-backed or in an accelerator to get Grasshopper Bank Accelerator Checking?

No. Grasshopper Bank Accelerator Checking is open to any startup that meets the stated criteria, no investor or accelerator backing required.

How do I apply for Grasshopper Bank Accelerator Checking?

Open Accelerator Checking online at grasshopper.bank (digital account opening in ~5 minutes).

How long do I have to use Grasshopper Bank Accelerator Checking, and does it expire?

Ongoing (Accelerator Checking launched Oct 2023)

Is Grasshopper Bank Accelerator Checking available outside the US?

Grasshopper Bank Accelerator Checking is available in the US.

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