Privately owned and headquartered in New York City, Grasshopper is client-first digital bank 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, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, and white-labeled consumer banking. As a federally chartered commercial bank, Grasshopper is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender.
Grasshopper Bank (grasshopper.bank) has 459 customer reviews on Five Star Index, with an average rating of 4.0 out of 5.
Also known as
grasshopper.bank
Website
grasshopper.bank
Category
Banking & Money
Location
New York, New York
Listed on Five Star Index
2026
About these reviews
Replies
The company replied to 88% of reviews.
Latest
Most recent review: October 2026.
Edits
Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
Score
This company cannot pay to remove reviews or change its score.
Agent was very helpful.
Answered my question and received a follow-up email as promised. Very easy to talk to.
Response from Grasshopper BankFeb 26, 2026
Hi Latonia,
Thank you for the 5-star review! We’re pleased that our team was able to answer your questions and make good on our commitments. We know that clear guidance and following through on what we promise help build confidence in our team and who you choose to bank with, so it’s rewarding to hear that come through in your experience. We truly appreciate the opportunity to support your business and look forward to being here whenever you need us.
MA
Matthew
Opened a business checking account and…
Opened a business checking account and Grasshopper.charges $330 for a basic check book. Um no thanks I’ll go with someone else that's a huge red flag
Response from Grasshopper BankFeb 24, 2026
Hi Matthew,
Thank you for your review. As a digital bank, we are strong advocates of using technology to complete financial transactions online whenever possible. Many of our clients choose to send ACH payments or issue checks to vendors through digital services like Bill Pay, which can help streamline payments and reduce the need for traditional paper checkbooks.
While complimentary checkbooks are not offered directly by us at this time, you are always welcome to order them through our preferred vendor, Harland Clarke, or any third-party provider of your choice. A member of our team has followed up to review the available options with you and ensure you’re selecting the most cost-effective offering available.
We recognize that every business operates differently and this approach may be limiting, which is why we continuously evaluate how we can better serve our clients as their needs evolve. If you’re up for it, we would be happy to connect further to explore the payment tools that best align with your workflow.
We appreciate you taking the time to share your perspective and hope the vendor’s pricing does not detract from the broader digital experience we aim to deliver. We value your business and remain committed to earning your trust and providing the five-star experience you expect and deserve.
Only Forward,
Grasshopper Bank
AC
Alfred C.
Walked me through the process
The representative walked me through the process, on how to get my address changed, and explained the timeline, it would be to get me a new card issued.
Response from Grasshopper BankFeb 24, 2026
Hi Alfred,
Thank you for the 5-star review! We’re pleased to know our team provided the clarity and support needed to make your address change as smooth and straightforward as possible. Even small account changes like this can sometimes feel confusing or disruptive, so setting clear expectations and keeping clients informed throughout the process is something we take seriously. We appreciate the trust you place in us as your banking partner and are always here if you need any further assistance in the future.
AA
Andres A.
Without explanation my account was…
Without explanation my account was closed; I never was able to use it. I made two $100 deposits on two accounts, and I am waitng for the refund.
Response from Grasshopper BankFeb 25, 2026
Hi Andres,
We understand that receiving notice of an account closure, particularly early in the relationship, can be unexpected.
As a federally regulated bank, we are obligated to perform comprehensive account and transaction reviews both at onboarding and on an ongoing basis. In certain situations, if required verification cannot be completed or activity does not align with our risk policies, we may decide to close an account in accordance with those policies.As previously communicated, any remaining funds will be returned following our standard procedures and processing timelines.
While this may not have been the desired outcome that you were hoping for, we can assure you that these measures are in place to protect all clients and maintain a secure, reliable digital banking experience. Although our services may not be the ideal fit for your needs, we wish you success in finding the right solution that works best for you.
Only Forward,
Grasshopper Bank
KA
Kat
Exactly what my small business needs
I appreciate that Grasshopper has exactly what I need for my small business. It was easy and very quick to get set up. Instructions on the website were very clear, and the whole process went smoothly from exploring options to opening accounts.
Response from Grasshopper BankFeb 24, 2026
Hi Kat,
Thank you for the 5-star review! It’s rewarding to hear that we’re supporting your small business in a way that fits your needs perfectly.
Starting or transitioning a banking relationship is an important step for any business owner, and having a process that’s simple, efficient and easy to navigate makes all the difference.
We truly appreciate the trust you’ve placed in us and look forward to continuing to support your business as it grows and evolves!
HA
Hall
The support staff is great
The support staff is great. When you have questions about your business and finances you want someone to take the time to ensure your issues are resolved.
Response from Grasshopper BankFeb 24, 2026
Hi there,
Thank you for the 5-star review! We know how important it is to have guidance and a team you can rely on, especially when it comes to your finances. Supporting our clients with clarity, patience, and real accountability is central to how we operate, and it’s rewarding to hear that came through in your experience. We appreciate your trust in us and look forward to continuing to support you as your business moves forward.
MA
Manuel
Zelle
Zelle
PayPal
Can’t deposit cash anywhere
Response from Grasshopper BankFeb 25, 2026
Hi Manuel,
Thank you for taking the time to share your experience. We understand how frustrating it can be when certain payment and deposit solutions don’t function the way you expect, especially when you’re trying to move funds quickly.
As a digital bank, we are strong advocates of using technology to complete financial transactions online and prioritize reliable, business-grade payment rails that most companies commonly use, such as ACH, wires or instant transfers and payments via FedNow. At this time, we do not support certain peer-to-peer services, including Zelle, or debit-based transactions on platforms like PayPal due to historically elevated fraud risks associated with some P2P transaction types. These safeguards are intended to protect our clients and maintain a secure digital banking experience for all. Although Grasshopper business debit cards currently do not support instant transfers or payments through P2P apps, you can still use many platforms like Paypal by linking your bank account directly via routing and account numbers.
While this approach may feel limiting in some situations, we take our role as your banking partner very seriously. It is never our intention to make banking more difficult or slow you down, which is why we are actively evaluating our payment capabilities and exploring new technologies to expand flexibility while maintaining the bank-grade security standards our clients expect.
Your feedback plays an important role in how we assess and prioritize future enhancements. We recognize that certain limitations exist today, but we hope they are not reflective of the broader digital experience we’re committed to delivering. In the meantime, if you would like assistance connecting your account or exploring available options, our Client Services team would be glad to help.
Only Forward,
Grasshopper Bank
DA
Daisy
Don’t like I can’t deposit cash and it…
Don’t like I can’t deposit cash and it takes so long when you deposit check to show.
Response from Grasshopper BankFeb 15, 2026
Hi Daisy,
Thank you for your feedback. We understand that when you’re managing your business, timely access to funds and deposit flexibility are important — and delays can be frustrating.
As a digital bank, prioritizing electronic payments and efficient money movement has always been central to how we serve our clients. We recognize, however, that this approach can be limiting for some businesses that still handle cash. Which is why we are in the process of enabling cash deposits at thousands of MoneyPass ATMs nationwide, giving clients like you more ways to access and deposit funds conveniently, while also exploring ways to expedite funds availability. Although our approach may not suit every situation, it is never our intention to make banking feel like a burden or slow you down. Our goal is to make managing your business as simple and seamless as possible, and we hope these enhancements inspire confidence in us while delivering the exceptional, 5-star experience you deserve.
If there’s anything else we can do to support your business now or in the future, please don’t hesitate to reach out. We’re just a call or message away.
Only Forward,
Grasshopper Bank