Great Bank Easy App
New to Grasshopper but they keep impressing… it’s been a very pleasant experience tween deposits, transfers and online banking!
Great for small businesses!
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
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Ok but not great
Cons: Grasshopper is not connected to Zelle so that limits the way my clients can pay me. The app gives an error almost every time I open it that it cannot display all my account info. To fix it, I just have to tap the error notification and it goes away but it is really weird and annoying.
Pros: I like the high-ish interest rate for a basic checking account and transferring to and from other bank accounts and Venmo/PayPal is seamless.
Pros: I like the high-ish interest rate for a basic checking account and transferring to and from other bank accounts and Venmo/PayPal is seamless.
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Highly recommend Grasshopper Bank!
The app is clean and easy to use, all our business banking at our fingertips. Great customer service and pricing/fees!
Long money holds
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.
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A lot of potential
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) And the app needs some work. (E.g. there’s no tools tab to access auto books) 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.
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Need weekend support
Why isn’t there anyone to speak to on weekends?
Great for small business
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!
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!
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Works fine but limited visibility.
Functional and generally does what I need it to do. The main complaint I have is that the description of the transactions is often obscure and limited making it difficult to identify what transactions are and who they’re for. More visibility into the merchant would be helpful.
Good enough
App is fine but jeez does it take a long time for some checks to clear. This is especially frustrating with connected accounts that I have transferred money from many times yet still takes a week or more to clear. Looking for other options given this long delay not being great for a small business.
