Free Kasasa Cash Checking
Not only is Kasasa Cash® always free, you also earn ATM fee refunds* and 1.25% APY* as a reward for everyday banking activities.
- Free checking that pays high interest
- 1.25% APY* on balances up to $10,000
- 1.25% to 0.30% APY on balances over $10,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No monthly service fee
- No minimum balance to earn rewards
- Free online banking and bill pay**
- Free eStatements
- Free telephone banking
- Free debit card
- Unlimited check writing
- $50 minimum deposit to open
Earning Rewards Is Easy
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
That's it! Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still free. Plus, you'll still earn our base interest rate. And you can get right back to earning your full rewards the very next month!
*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle.
Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $10,000 receive an annual percentage yield (APY) of 1.25%; and balances over $10,000 earn .199% interest rate on the portion of balance over $10,000, resulting in a range from 1.25% to .20% APY depending on the account’s balance and (2) you will receive reimbursements up to $25.00 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipts for individual ATM fees of $5.00 or higher must be presented within 60 calendar days of the transaction to receive reimbursement. International ATM Fees are ineligible for reimbursement. When Kasasa Cash qualifications are not met, all balances in the account earn .05% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. APY’s are accurate as of 6/12/2017. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ins and other requirements apply. $50 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ins) may be required to meet some of the account’s qualifications. Limit 1 account per social security number. There are no recurring monthly maintenance charges or fees to open this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.
**With monthly login and estatements.