Our Story
Grit was founded on a simple concept: we are using technology to transform the banking industry to better serve working Americans.
Our team is passionate about serving people across the board, and offering what many of the wealthy have received for decades: financial privileges such as cashback rewards, high interest rates, and access to cash early, so you can start earning, saving, and paying off debt early.
While we are a relatively new company, we work with brands you know and trust including VISA, NCR, Corecard (powers the Apple Card), and Community Financial Savings Bank. You can rest assured your money is safe with us as all accounts are FDIC Insured up to $250,000 and Grit is subject to all US Banking laws.
Our founders experiences include:
Our investors have deep expertise in Banking including senior level positions at VISA, Citibank, and JP Morgan Chase.
The Grit Visa Prepaid Card is issued by Community Federal Saving Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, Call 844-474-8226 and Press 0 if you would like to speak to a Grit Representative – We are available 10 AM – 7 PM CST Monday through Friday.
*Annual Percentage Yield effective as of 7/22/2022 and subject to change.
** See our Fee Schedule for fees for using non-network ATMs and international transaction fees.
*** With Grit’s early wage access, you don’t have to wait for your regular paycheck to pay bills on time. The money you save on late fees and interest charges can go directly toward building your emergency savings.
****See our Terms of Use for information and fees for depositing your earned wage transfers to your existing bank account.
Almaz launched Grit to combat systemic inequity, financial insecurity and the challenge of accumulating emergency savings for employees across the U.S. – challenges he experienced during his college years and early career. His vision for Grit is to help people break the cycle of living paycheck to paycheck and relying on predatory payday loans, by helping them truly get ahead with financial wellness tools that empower and educate.
Experience
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How he got his financial grit: “As a first generation immigrant, I have seen the power of being able to save and invest in your skills in order to build a better future.”
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Alora is the Grit expert you’ll be speaking to if you need help – a real human! Alora has more than a decade of business and card operations experience in the tech industry. She’s happy to help whenever needed.
Experience
Dr. Ken Singleton is a distinguished professor of Management, Emeritus, a Stanford Graduate School of Business, a president of a non-profit, and an author.
Dr. Singleton is our resident expert on financial literacy and is dedicated to providing assistance specifically to low-income households, to help them get ahead.
Experience
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Experience
Accomplishments
Capabilities