No monthly maintenance fee — just rewards. Earn up to 1.25% APY* on your balance each month by banking like you usually do.
- Really High Interest
- Refunds on ATM Withdrawal Fees*
- No Monthly Maintenance Fee
- Free checking that pays high interest
- 1.25% APY* on balances up to $20,000
- 1.25% to 0.42% APY on balances over $20,000 depending on balance in account*
- *APY calculations are based on an assumed balance of $120,000.00 in your Kasasa Cash account and an assumed statement cycle of 31 days
- 0.05% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (Up to $25 monthly)*
- No minimum balance to earn rewards
- No monthly maintenance fee
- Free digital banking services, including:
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free eStatements**
- Free Visa® debit card
- $50 minimum deposit to open
Earning Your Rewards is Easy
Just do a few simple things you're probably already doing. 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 post and settle
- At least 1 direct deposit, ACH credit, or ACH payment transaction post and settle
- Be enrolled in and agree to receive eStatements
And if you don't meet these qualifications, your 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 cycle that you qualify.
*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 or credit 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): If your daily balance is below $20,000.00, the interest rate paid on the entire balance in your account will be 1.24%, with an annual percentage yield of 1.25%. The interest rate that will be paid for only that portion of your daily balance that is equal to or greater than $20,000.00 is 0.26%. The annual percentage yield for this tier will range from 1.25% to 0.42% depending on the balance in the account. APY calculations are based on an assumed balance of $120,000.00 in your Kasasa Cash account and an assumed statement cycle of 31 days. (2) you will receive reimbursements up to $25 ($4.99 per single transaction) for domestic ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. 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 = Annual Percentage Yield. APYs accurate as of 01/07/2021. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Eligibility requirements can change at any time without notice. If the account is closed, you will forfeit any rewards that have not been credited to your account. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50 minimum deposit is required to open the account. Enrollment in online banking must be maintained for E-statements to be received as a condition of the account. Limit 1 account per social security number / individual taxpayer identification 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.
**E-Statements are a requirement of this account. If E-Statements are not set up, the account will revert to a Value Checking account and will be subject to the terms and conditions of that account type.