Grasshopper Bank Business

Name: Grasshopper Bank Business
Rating: 4.5 (303 reviews)
Author: Grasshopper Bancorp Inc.

Finance

Free · Designed for iPad

303 Ratings
Ages

4+
Years
Category

Finance
Developer

Grasshopper Bancorp Inc.
Language

EN
English
Size

67.5
MB

Built for modern small business owners, founders, and entrepreneurs, our Business Banking app puts powerful digital banking tools at your fingertips so you can run your business and manage your finances anytime, anywhere. Whether you’re in the office, off-site or in transit, Grasshopper gives you the flexibility and control to keep your business moving forward with digital banking that works wherever you do.

Ratings & Reviews

4.5

out of 5

303 Ratings

Great for small businesses!
10/16/2024

Fenando789
I’m a small business owner and didn’t want to pay a lot of money for incoming wires and outgoing wires and ACH transfers. Love that there isn’t a cost for incoming wires nor ACH and outgoing wires is only $10! Heads up though that bounced wires are $45 each time it bounced which I learned the hard way lol also love the dual approval feature! I can also add team members to have view access too
Great for small businesses!
10/16/2024

Fenando789

I’m a small business owner and didn’t want to pay a lot of money for incoming wires and outgoing wires and ACH transfers. Love that there isn’t a cost for incoming wires nor ACH and outgoing wires is only $10! Heads up though that bounced wires are $45 each time it bounced which I learned the hard way lol also love the dual approval feature! I can also add team members to have view access too
Long money holds
07/17/2024

Elisha's
Grasshopper offers a collection of features that not many other banks do. Automated book keeping through auto books integration, high yield checking account (1.5% currently) great customer service, invoicing, and lending options such as SBA. Unfortunately, the amount of time it takes deposited funds to clear is a bit lengthy (About a week). I also had a problem when initially applying where my application got “canceled in error” twice. Also, when transferring money from my personal bank account, I was notified in app that if I login to my personal bank with my credentials via plaid, I would have instant access to the transferred money. However, a transfer hold was still put on it and it won’t be available for a week.
Long money holds
07/17/2024

Elisha's

Grasshopper offers a collection of features that not many other banks do. Automated book keeping through auto books integration, high yield checking account (1.5% currently) great customer service, invoicing, and lending options such as SBA. Unfortunately, the amount of time it takes deposited funds to clear is a bit lengthy (About a week). I also had a problem when initially applying where my application got “canceled in error” twice. Also, when transferring money from my personal bank account, I was notified in app that if I login to my personal bank with my credentials via plaid, I would have instant access to the transferred money. However, a transfer hold was still put on it and it won’t be available for a week.
Great for small business
04/17/2024

Moose_122
The bank is exceptional, they have great customer service, an easy to navigate online dashboard, and great benefits & incentives for small businesses. Would be a 5 star review if not for the app, the app could use a facelift and better functionality. Overall, I recommend Grasshopper to all of my clients at Purple Moose Consulting who are in the start up to small business phase of their journey!
Great for small business
04/17/2024

Moose_122

The bank is exceptional, they have great customer service, an easy to navigate online dashboard, and great benefits & incentives for small businesses. Would be a 5 star review if not for the app, the app could use a facelift and better functionality. Overall, I recommend Grasshopper to all of my clients at Purple Moose Consulting who are in the start up to small business phase of their journey!
Horribly long holds and bad accounting
08/14/2023

PilotChance
Every time I make a deposit I get a notification it’s going to be on hold. Waiting for the funds to clear takes a couple weeks. So far the past two times I’ve done so there’s been large account errors in my account prior to the deposit. This time there was a recent -$4800 taken out. I’ll send an in app message and they fix it but this is pretty ridiculous. If they can’t do something about these long deposit holds I’ll move to another company.
Horribly long holds and bad accounting
08/14/2023

PilotChance

Every time I make a deposit I get a notification it’s going to be on hold. Waiting for the funds to clear takes a couple weeks. So far the past two times I’ve done so there’s been large account errors in my account prior to the deposit. This time there was a recent -$4800 taken out. I’ll send an in app message and they fix it but this is pretty ridiculous. If they can’t do something about these long deposit holds I’ll move to another company.

This version includes fixes, performance improvements, and enhancements to security capabilities.

Version 5758.2601.328

Feb 13

Data Linked to You

The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- User Content
- Identifiers
- Diagnostics