Grasshopper Bank vs Small Business Checking: which one fits your business?
Side-by-side comparison of Grasshopper Bank and Small Business Checking — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Grasshopper Bank wins on our scorecard (7.8/10 vs 7.3/10).
| Scored on | Grasshopper Bank | Small Business Checking |
|---|---|---|
| Right fit for small biz | 7 | 8 |
| Ease of use | 8 | 7 |
| Fees & pricing | 9 | 7 |
| Customer support | 6 | 6 |
| Features | 8 | 8 |
| Monthly Maintenance Fee | $0 | $10 (Waivable) |
| Minimum Opening Deposit | $0 | — |
| Domestic Outgoing Wire | $25 | $30 |
| ACH Transfers | $0 | — |
| Debit Card Cash Back | 1% (Terms apply) | — |
| Min. Balance to Waive Fee | — | $500 |
| Free Transactions | — | 150 per month |
| Cash Deposit Limit | — | $5,000 per month |
Grasshopper Bank in one paragraph
A top-tier choice for digital businesses that want to earn 1% cash back on daily spending without the hassle of a credit card application.
Skip it if: You regularly need to deposit physical cash or require 24/7 phone support for your banking.
Small Business Checking in one paragraph
A solid, low-hurdle traditional account for cash-heavy local businesses that can maintain a $500 balance.
Skip it if: You run a high-volume e-commerce store with more than 150 transactions per month.
Frequently asked questions
Which is better, Grasshopper Bank or Small Business Checking?
On our five-axis scorecard, Grasshopper Bank scores higher (7.8/10 vs 7.3/10). A top-tier choice for digital businesses that want to earn 1% cash back on daily spending without the hassle of a credit card application.
Who should skip Grasshopper Bank?
You regularly need to deposit physical cash or require 24/7 phone support for your banking.
Who should skip Small Business Checking?
You run a high-volume e-commerce store with more than 150 transactions per month.