Expect more from your checking account. Free Kasasa Cash earns interest and refunds ATM withdrawal fees.*
- Earn Interest
- Refunds on ATM Withdrawal Fees*
- No Monthly Maintenance Fees
- No Minimum Balance Requirements
- Free checking that earns interest
- 0.51% APY* on balances up to $15,000
- 0.51% to 0.20% APY on balances over $15,000 depending on balance in account*
- 0.01% APY* if qualifications aren't met
- Up to $6 in refunds per cycle on ATM withdrawal fees, nationwide*
- Link to free Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free electronic banking
- Free Visa® debit card
- $100 minimum deposit to open
It’s Easy to Earn Your Rewards
It's so easy to qualify, you're probably already doing it. 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 1 ACH credit or ACH payment transaction
- 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.
**Monthly Qualification Cycle Dates for 2021:
January 12/8-1/11; February 1/12-2/8; March 2/9-3/8; April 3/9-4/12; May 4/13-5/10;
June 5/11-6/14; July 6/15-7/12; August 7/13-8/9; September 8/10-9/13; October 9/14-10/11;
November 10/12-11/8; December 11/9-12/13; January 2022 12/14-1/10
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. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
"Banking Day" means any business day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions.
"Business Day" means a calendar day other than a Saturday or a Sunday or all Federal Holidays.
"Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account.
With each Monthly Qualification Cycle, the account must receive and post at least 1 ACH Credit or ACH Debit; enroll and receive account statement via eStatement (not paper statement); and at least 12 debit card transactions must post and pay to the account.
When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $15,000.00 in your Kasasa Cash account earn an interest rate of 0.50% resulting in an Annual Percentage Yield (APY) of 0.51%; and daily balances over $15,000.00 earn an interest rate of 0.15% on the portion of the daily balance over $15,000, resulting in a range from 0.51% to 0.20% APY depending on the account's daily balance.
When qualifications are met, you will receive up to $6.00 in reimbursements for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.
When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be .01% resulting in an annual percentage yield of .01 APY and no ATM withdrawal fees are refunded.
Interest will be credited to your Kasasa Cash account on the last day of the current statement cycle. ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.
APYs accurate as of August 13, 2020.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed.
Account approval, conditions, qualifications, limits, timeframes, enrollments, and other requirements apply.
$100 minimum deposit is required to open the account.
Limit of 1 account per customer. There are no recurring monthly maintenance charges or fees to open or close this account.
This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account.
Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.