Bank accounts
Simple and flexible accounts
Instantly open accounts with flexible account numbers and an intuitive transaction ledger.
Increase is a financial technology company and is not a bank. Banking products and services are offered by FDIC insured bank partners.
For-Benefit-Of accounts
Store money “for the benefit of” your users with virtual sub-accounts.
Demand Deposit Accounts
Deposit, store, and send funds with traditional checking accounts.
Interest
Earn interest on corporate cash and eligible platform balances.
Limits
Protect funds from fraud and unintentional spend with programmable limits.
Flexible account numbers
Create separate and unique account numbers that support both debits and credits.
Verification letters
Programatically download bank verification letters and funding instructions.
Statements
Download pre-generated statements from the dashboard or via API.
Automatic supervision
We programmatically verify identities, unblocking you to move and scale faster.
Built for automation
Auto-reconcile payments with unique account numbers
Inbound payments can be hard to link to a specific counterparty because of limited details. With Increase, you can give each counterparty a unique account number. This makes it easy to automatically match them with any incoming credits or debits.
Create unlimited account numbers
Set unique permissions and limits
Fully automate your reconciliation
Protected
Multi-million dollar FDIC insurance
You can access millions in FDIC insurance for your cash deposits. Our connections allow you to programmatically sweep funds to a network of FDIC-insured institutions.
This happens behind the scenes and does not impact your ability to spend the full available balance in your Increase account.
This happens behind the scenes and does not impact your ability to spend the full available balance in your Increase account.
Track your deposit placement
Exclude any institution
Increase is a financial technology company and is not a bank. Banking products and services are offered by FDIC insured bank partners. Deposit insurance only covers deposits in the event of the failure of the FDIC-insured bank. Subject to the terms of the applicable ICS Deposit Placement Agreement, bank partners will place deposits at FDIC-insured institutions through IntraFi’s ICS service. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks.
Bank accounts for developers
Open bank accounts of any kind, programmatically.
Accounts and account numbers are separate.
Accounts are available to use immediately.
Banking for builders
Everything you need and nothing you don't
Direct connections to the networks for money movement. Bank accounts that open instantly. Unopinionated building blocks that don't force you into legacy patterns.
ACH Payments
Originate ACH credits and debits, validate account numbers with pre-notifications and store commonly accessed details.
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Bank Accounts
Flexible account constructs with unlimited account numbers.
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Cards
Issue custom cards to your customers. Approve authorizations in real-time and configure your own limits.
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Checks
Send branded checks anywhere in the world with one API call. Or deposit checks via API or the dashboard.
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Wires
The original instantaneous money transfer. Send money anywhere, anytime Fedwire is open.
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Real-Time Payments
Transmit money to accounts at most major banks in seconds, not days.
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FedNow
The Federal Reserve’s newest payment method. Quickly move money 24/7/365 with any participating bank.
Coming soon
Read our documentation
Learn more
Increase is not a bank. Banking products and services are offered by Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. Cards Issued by First Internet Bank of Indiana, pursuant to a license from Visa Inc. Deposits are insured by the FDIC up to the maximum allowed by law through Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. FDIC deposit insurance only covers the failure of the FDIC insured bank.
Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, ICS, and IntraFi Cash Service are registered service marks of IntraFi LLC.
Increase is a financial technology company, not an FDIC-insured depository institution. Banking services are provided by Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. Subject to the terms of the applicable ICS Deposit Placement Agreement, Grasshopper Bank, N.A. and First Internet Bank will place deposits at FDIC-insured institutions through IntraFi’s ICS service. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage.
Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, ICS, and IntraFi Cash Service are registered service marks of IntraFi LLC.
Increase is a financial technology company, not an FDIC-insured depository institution. Banking services are provided by Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. Subject to the terms of the applicable ICS Deposit Placement Agreement, Grasshopper Bank, N.A. and First Internet Bank will place deposits at FDIC-insured institutions through IntraFi’s ICS service. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage.