Karat for SMBs — Creator Banking & Financial Tools for Small Businesses

One-stop-shop banking for SMBs

Built for any business that means business. One account for banking, cards, invoicing, bookkeeping and more with no minimums or hidden fees.

Banking tools and services to power your business

High yield checking

Earn up to 2.75% APY on completely liquid cash balances

Easy payments

Move money with free ACH, wires, tax-compliant bulk payments

Team management

Set different limits and permissions for your team and accountants

Extended coverage

Millions of dollars in FDIC insurance on your balances

Business Visa® cards

Physical and virtual cards for you and your team's expenses

Tax planning accounts

Automatically set-aside money for tax season while earning higher APY

Automated bookkeeping

AI-powered categorized transactions for tax-ready reports

Effortless invoicing

Create, send, and manage branded invoices from your bank account

Business banking to stay organized

Karat Banking gives you a U.S. business checking account with no hidden fees.

You can create multiple checking accounts to organize your income, expense, and operational accounts.

Everything runs through one dashboard, and your funds are FDIC-insured (up to millions of dollars per account) through our banking partner.

A credit card that sees your real potential

Karat looks at your audience, your growth trajectory, and your actual business activity when underwriting your credit limit. You don't need a decade of business credit history to get started. You'll get a limit that makes sense and compelling rewards to kickstart your business.

Let your money make you money

Earn up to 1.75% APY on your checking balance, more than 10x what you get from other banks.*

*Based on an average publicly available interest rate of 0.00% APY at other banks. Rate as of 12/10/25. See Business Deposit Account Agreement Disclosure for details.

Your bookkeeping on autopilot

Stop sorting spreadsheets — we’ve got it covered.

We auto-categorize your transactions

Get monthly insights to your business

Access your P&L, balance sheet, and cash flow statement from your dashboard

All-in-one business banking for growing businesses

A single product for everything you want to accomplish with your money.