Plus, get 1% cash back and unlimited transactions with no monthly fees. Open online in little as 5 minutes today.1
Open an Account
Apply online in as little as 5 minutes from any device - no lines, no hassle.
No monthly maintenance or overdraft fees. Plus, benefit from free unlimited ACH transfers, incoming domestic wires, and unlimited fee-free transactions.
Earn up to 1.80% with Innovator Checking. Plus, earn up to 3.30% APY with exclusive access to Innovator Money Market Savings Account. 1
Earn unlimited 1% cash back on online and signature-based purchases with your free physical Visa debit card or instant-issue virtual cards.
Access powerful digital banking tools at your fingertips and exclusive perks from industry leaders in our marketplace.
Make and schedule payments from any device - via check or ACH.
Deposit a check in seconds by taking a photo. Unlimited check deposits, no additional charge.
Create and issue virtual debit cards instantly. Utilize these virtual debit cards for in-person contactless payments or online purchases.
Connect outside accounts securely and get a 360 view of what your are spending, saving and earning from all your business accounts. Create spend categories and budgets, and track debts and transaction trends.
Manage users, set permissions, create approval workflows and establish security measures.
Connect to Quickbooks, Autobooks or your preferred accounting software to streamline your bookkeeping.
Make or schedule one-time and recurring ACH payments for free from any device.
If a vendor doesn’t accept ACH, we’ll handle printing and mailing checks for you through Bill Pay.
Send payments across the US quickly with fees over $15 less than the industry average.4
Seamlessly send payments worldwide with our International Wires feature.
Secure your funds with customizable SMS and email alerts and dual approvals.
Boost your savings potential with our Innovator Checking and Money Market Savings account bundle.
Earn more than 25X the national average interest rate on your checking deposits.1
Open an Innovator MMA Savings account and Earn 3.30% APY on balances of $25,000 or more.
Move money in and out of your account as often as you please.
Enjoy fee-free withdrawals at 37,000+ MoneyPass and 8,500+ SUM ATMs nationwide.
Get 1% cash back on online and in-store signature based purchases. Plus, earn even more when you link your card to VisaSavingsEdge. 2
Lock and unlock your card in seconds from any device with elevated security
Grasshopper combines the best of banking technology and years of industry expertise to deliver financial solutions, trusted security and unparalleled support to propel businesses forward.
Access enhanced FDIC insurance up to $125 million. 3
Your data and money are secure with two-factor authentication, fraud monitoring, bank-level encryption and security.
Real humans with real expertise dedicated to giving your business the personalized attention it deserves.
Open an account in little as 5 mintues today!
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We firmly believe in a partnership approach to helping our clients achieve their goals. In addition to the powerful digital tools we provide directly, clients also receive exclusive access to our partner marketplace.
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Need financing to buy a business, revamp current facilities, buy out a partner, or refinance debt? No problem! We have a loan option for you.
SBA LendingOpen an account online in minutes.
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Innovator Business Checking is available to all small business owners, not including those in the following industries: adult entertainment, gambling, illegal substances, virtual currency, or weapons and firearms.
To open an account, you must be 18 years of age or older and a U.S. citizen or permanent U.S. resident with a verifiable address in one of the 50 states or District of Columbia. U.S. Territories, including Puerto Rico, are ineligible. Other restrictions may apply.
For full terms and conditions, please refer to our Master Service Agreement.
Many banks offer the option of opening a bank account online or in person. Whatever process you choose, the documentation needed is generally the same. Below you will find a list of information that you will need to provide to open an Innovator Business Checking Account.
Beneficial owner information will be required for each individual who owns 25% or more, directly or indirectly, of the company.
When opening an Innovator Business Checking account, we will ask for a minimum deposit of $100. Initial funding deposits are provided by manual ACH or linking to an external account at another financial institution via Plaid.
Once you’ve been approved and the account is open, the funds for your initial deposit will be made available within 5 business days beginning on the first day that the funds are posted to your account. Although an initial funding deposit is required to open an account, there are no monthly fees or minimum balance requirements.
For more information, please refer to our Innovator Business Checking Fee Schedule.
One of the benefits of choosing Grasshopper as your primary financial institution is that you can avoid the hidden fees that are often associated with traditional banking.
When opening an Innovator Business Checking account, we do require a minimum deposit of $100. However, there are no monthly fees or minimum balance requirements once the account is open.
For more information, please refer to the Innovator Business Checking Fee Schedule.
As a digital-first bank, we provide powerful digital tools to easily deposit checks from your mobile device. We do not offer cash deposits at this time.
For more information about manual check processing or assistance with mobile check deposit, please reach out to Client Services.
At this time, we do not support Zelle as an integration. However, we have partnered with Plaid to provide our clients with a safe way to connect their checking accounts to other modern payment apps within their network.
