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Money & Insurance

Grasshopper Bank

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102 reviews

4.2102 reviews
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About Grasshopper Bank

Data updated
Website
www.grasshopper.bank
Category
Money & Insurance
Location
United States
Status
Unclaimed
Last 12 months
102 reviews
Replies to negative
69% (11/16)
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About this business

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.

Written by the business, not verified by us.

Is Grasshopper Bank legit?

Grasshopper Bank (www.grasshopper.bank) has a 4.2 out of 5 rating on OK.one, based on 102 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 80% of reviews are 4 stars or higher and 14% are 1 star; The business has replied to 69% of negative reviews; Reviews mostly discuss Customer service, User experience. Last updated 2026-09-02.

What reviewers say

AI generated

Reviewers had a great experience with this company. Customers frequently praise the friendly staff and representatives for providing quick support, detailed explanations, and genuinely helpful guidance when setting up new business accounts. Many consumers appreciate the remarkably easy platform navigation and smooth online banking processes that allow them to manage multiple financial tasks efficiently without unnecessary stress. However, some people mentioned experiencing frustrating delays with online money transfers and deposit processing times that created unexpected obstacles. A few reviewers also noted occasional difficulties with getting timely assistance, fixing address errors, or fully resolving specific account issues through support channels.

Auto-generated from all reviews of this business. For reference only.

What people say

Love the high interest bearing business…

Love the high interest bearing business checking account. Now pending deposits, bills and transfers show on page one more quickly. It is obvious that your customer service is outsource. While typically helpful, just not the professional background noise you expect. Would love for you to add a Venmo or Zelle like add-on.

Reply from Grasshopper Bank2025-12-23

Hi John, Thank you for taking the time to share such thoughtful feedback. We’re pleased to know that recent improvements to the platform have made it easier to manage your account and stay on top of activity. Creating a smooth, intuitive digital banking experience is something we continue to invest in. We also value your perspective on both service quality and future feature enhancements. While we do partner with third-party providers to help manage call volume and maintain service levels, specifically after hours, we also have our own in-house Client Services team. That said, your comments have been passed along to our leadership team so they can take a closer look at your experience, as nothing short of the utmost professionalism in client interactions is our standard Input like yours helps inform how support is refined and how product development is prioritized. The good news is that Zelle is on our roadmap, and clients like you will be the first to receive updates as implementation progresses and early access once available. We appreciate your trust in us, and we are truly grateful for the opportunity to support your business. If there’s ever anything we can assist with, please don’t hesitate to reach out. We’re always a message or call away. Only Forward, Grasshopper Bank

When i called for an update I got…

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.

Reply from Grasshopper Bank2025-12-10

Hi Sara, Thank you for the 4-star review. We’re glad to hear your interactions with our team were helpful and that you felt supported throughout the process. After taking a closer look, we found that your application got stuck in a review state and to be resubmitted, which caused your funding deposit to not process as expected. We sincerely apologize that this wasn’t clearly communicated when you first reached out, but our records now show that your account is set up with full access. Moments like that help us see where communication can be clearer, and we’re grateful you brought it to our attention. If anything else comes up as you explore and navigate the platform, we’re always here to assist. Only Forward, Grasshopper Bank