Have more questions? Visit help.trykarat.com
Karat builds financial products designed for growing businesses — from agencies and e-commerce brands to creators and digital entrepreneurs. Instead of relying solely on W-2 income or conventional underwriting, Karat evaluates business performance and revenue signals. It combines banking, charge cards, payouts, invoicing, and automated tax planning into one unified platform.
Karat Banking has no traditional monthly maintenance fees. Some services like wires may carry fees. The Karat Charge Card has no annual or foreign transaction fees.
Karat uses encrypted connections, bank-grade security, and SOC 2 Type II accreditation. Two-factor SMS authentication is required. Social connections are read-only for verification, with no credential access.
Karat supports agencies, e-commerce brands, consultants, creators, and other digital businesses. Sole proprietors and incorporated businesses are eligible. International founders may apply if they have a U.S. LLC.
You’ll provide basic information about your business and owner(s), including legal name, date of birth, SSN or passport (for eligible international applicants), business address, and details. You’ll also connect social platforms for identity and revenue verification.
ACH transfers take 1–3 business days. Domestic wires are typically same-day if submitted before cutoff times.
Yes. Every Karat Banking account includes account and routing numbers for payouts, client payments, ACH, and wires.
Karat's Automated Tax Planning (ATP) account sets aside a portion of your income for taxes automatically, with full visibility — and your ATP balance earns [standard_atp_rate]% APY.
ACH transfers are free. Domestic and international wire fees may apply — see the fee schedule in your Karat dashboard.
Business checking with account and routing numbers, ACH and wire transfers, spending cards, recurring transfers, and team access controls — all managed from one dashboard.
Yes. You’re protected against unauthorized transactions and can freeze cards, set limits, and dispute charges.
Limits are based on financial performance, platform signals, credit profile, and business variables.
Yes. Earn 1 point for every dollar you spend on the Karat Charge Card. Points can be redeemed for statement credits. Purchases on your Karat Banking Card earn 1% cash back.
No. The Karat Card has no annual fee and no foreign transaction fees.
No — applying does not impact your personal credit score. Responsible usage can help build credit over time.
The Karat Card operates on monthly billing cycles with balances due on the 1st. Autopay is available.
Yes. Karat integrates with QuickBooks via exports and integrations for bookkeeping and tax prep.
Yes. Download statements and access detailed transaction history from your dashboard.
Yes. Roles include Admins, Managers, Employees, and Accountants with tailored permissions.
Create and send professional invoices, track status, and manage billing directly in your dashboard.
Scale smoothly and build to last on Karat.