Deal has ended, view more bank account bonuses by clicking here.
Note according to the terms this is a targeted offer. It was sent out via e-mail to existing account holders.
Offer at a glance
- Maximum bonus amount:
- Availability: Nationwide but targeted
- Deposit required: $25,000-$100,000+
- Deposit length: February 16th, 2026 to April 16th 2026
- APY: 3.1%
- Hard/soft pull: Soft pull
- ChexSystems: Doesn’t pull
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None
- Expiration date: January 31st, 2026
Contents
The Offer
- Grasshopper Bank is offering a savings bonus of up to $750 when you open a new Innovator Savings account using promo code BUNDLE26. Tiers are as follows:
- Deposit $100,000 or more: Earn a $750 savings bonus.
- Deposit $50,000 – $99,999: Earn a $500 savings bonus.
- Deposit $25,000 – $49,999: Earn a $250 savings bonus.
- Must fund account by February 15th and maintain balance between February 16th, 2026 to April 16th 2026
The Fine Print
- This promotion is non-transferable and limited to individuals who received the offer via direct communications from Grasshopper Bank.
- You are not eligible for this offer if you have an existing Innovator Money Market Savings Account or Accelerator Money Market Savings Account or have had one within the last twelve (12) months. New clients are ineligible for this bonus offer.
- For the purposes of this promotion, a “New Client” is defined as any Innovator Business Checking or Accelerator Checking account holder whose account has been open for fewer than 30 days.
- Only one Grasshopper Bank Savings account bonus per business owner or authorized signer, regardless of the number of businesses owned or operated by the client.
- Conditions and Promotional Period: To receive the bonus associated with this promotion, Eligible Clients must meet the eligibility criteria outlined in the preceding section and 1) apply for and open an Innovator Money Market Savings Account or Accelerator Money Market Savings Account(“Account”) with promo code BUNDLE26 by 11:59:59 pm EST on January 31st, 2026. 2) fund their account with $25,000.00 or more of New Money* by 11:59:59 PM EST on February 15th, 3) maintain an average daily balance of $25,000 or greater during the Maintenance Period** into that new eligible Innovator Money Market Savings Account or Accelerator Money Market Savings Account.
- New Money is new funds deposited into your Innovator Money Market Savings Account or Accelerator Money Market Savings Account that are not internal transfers from other Grasshopper Bank accounts.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
No EATF as far as I can see
Our Verdict
Basically need to tie up funds for 60 days minimum (probably longer to give yourself a bit of a buffer). The two bottom tiers work out to be an additional ~6.1% annualized. Account has a base rate of 3.1% so basically 9.1% APY but only for 60 days so not really worth it. The highest tier is worse. As this is targeted we won’t add it to the best business bank bonuses.
Hat tip to reader Celia
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
