How to apply for the Karat Card - Karat Help Center

What you’ll provide

To verify your identity and review your application, we’ll ask for:

• Legal name
• Date of birth
• Social Security Number (SSN)
• Business & mailing address
• Business details
• Social media profiles

We use this information to verify identity and contact you if we have updates or follow-up questions. You’ll be asked to verify your connected social media handles. For certain businesses, this helps us better understand your activity and audience engagement.

Bank account connection (required)

During the application, you must securely link your primary U.S. bank account through Plaid. Currently, we can only process applications that have a U.S. based bank account linked. You can link any account that has a routing number and account number. If you experience issues linking a bank account that should be supported by Plaid, contact us and we can assist with troubleshooting or discuss an alternative ACH connection.

How we evaluate applications

Karat takes a broader approach than traditional lenders. When reviewing applications and determining your spending limit, we primarily consider:

• Bank account history, including cash on hand and cash flow patterns
• Social presence and engagement (where applicable)
• Credit profile

No single factor determines approval or limit as we evaluate your business holistically. Having consistent activity may help support a higher spending limit.

Strengthening your application

Karat evaluates applications holistically. The more complete the picture of your business activity, the more accurately we can assess your eligibility and determine an appropriate spending limit. To provide a stronger application, we recommend:

• Linking your primary operating bank account
• Connecting any additional U.S. bank accounts that reflect your cash flow
• Verifying your primary social media profiles
• Connecting additional social accounts that represent meaningful audience activity

If your business operates across multiple platforms or accounts, linking them during the application (or immediately after submission) helps us better understand your financial patterns and engagement metrics. Applications supported by consistent cash flow history and verified business activity may allow for a more comprehensive review. If you realize after submitting that additional information would better reflect your business, you can return to your dashboard and complete any pending connections.

Karat is a financial technology company, not a bank. Banking services provided by Grasshopper Bank, N.A., Member FDIC. The Karat Visa® Business Credit Card is issued by Cross River Bank, Member FDIC, and pursuant to a license from Visa️ USA.