Very happy so far with my setup in Grasshopper. Utilizing remote deposit, Audiobooks for payment links to clients, transfers to and from our existing banks. All without much effort or issues. The dela... See more
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Privately owned and headquartered in New York City, Grasshopper is client-first digital bank built for the business and innovation economy with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources. Grasshopper replaces the traditional one-size-fits-all approach to banking with a suite of products and services tailored to specific industries and a passionate team of experts with deep expertise in their fields. Grasshopper’s banking solutions cover small business, startups, venture capital and private equity firms, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, and commercial real estate lending. As a federally chartered commercial bank, Grasshopper is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender.
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261 5th Ave, Suite 610, 10016, New York, United States

Replied to 97% of negative reviews
Typically takes over 1 month to reply
I've had a few questions since creating my account and the reps that have helped me (especially my encounter with Rebecca) have been great.
They always know what they're doing and they make any questions I have simple to answer without fluff or time wasted. As a small business, this is really important to me. Thanks.

Reply from Grasshopper Bank
When i called for an update I got exactly the information I was asking for. Be responses to things were within the expected time frames. The representative I was given and did not expect was fantastic. I was able to receive extra help from her with random questions I had. My only issue was with transferring money from my bank persjnal account to this one. It didn't happen and I didn't get an explanation on that so I had to go and ask why and do it again.
I reached out with a question about a deposit hold on a weekend evening and had an answer before I checked my phone the next day.
More importantly, Grasshopper Bank offered the convenience of online banking for my LLC and had fewer deposit limits than my local bank. This was essential because of my monthly billing structures. I am fortunate to have found this business partner!

Reply from Grasshopper Bank
Savings account should be opened automatically, there are too many forms to fill for such as trivial thing

Reply from Grasshopper Bank
I was told I would have a resolution today. I did not get a response in any way. I am not confident that my hard-earned money will be in the right hands and am seriously considering taking my money elsewhere.

Reply from Grasshopper Bank
Great bank, fast support and very reliable for my business needs. Highly recommended

Reply from Grasshopper Bank
Great service & my technical issue was resolved with one phone call!

Reply from Grasshopper Bank
Disappointed in the dollar limits for transfers. Not nearly high enough.

Reply from Grasshopper Bank
Grasshopper is fast and reliable. They do their due diligence to make sure their customers comply (in a helpful way); and they simultaneously attend to all of my needs quickly and with high quality. Their fees are extremely reasonable and fully transparent. Their interest options are as good as any I've found. A friendly human being always picks up the phone when I call with any need, and they take care of that need during that call 100% of the time.

Reply from Grasshopper Bank
Great service
ACH is a decent speed and their phone customer service is top notch!

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Reply from Grasshopper Bank
The team at Grasshopper is very polite, professional, and helpful. They will stay on the phone with you until the issue is resolved.

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Reply from Grasshopper Bank
I like everything about it except two things:
1. I don't see that it integrates with Xero (www dot xero dot com) so reconciliations are a bit of a pain
2. Online transfers (both from external banks as well as between Grasshopper accounts) took longer than I was expecting
Otherwise, no complaints :)

Reply from Grasshopper Bank
Customer service agent was helpful and great spirited. Made my experience that much difference.

Reply from Grasshopper Bank
I like the quick response on the message feature, but the replies are normally what i can find on the q And A page

Reply from Grasshopper Bank
The user interface is great! I need very fast speeds to conduct my business and grasshopper gives me access to foreign markets by receiving payments internationally. I am currently working to get more foreign companies comfortable sending money to a receiver called grasshopper.

Reply from Grasshopper Bank
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