You won’t find this at the megabanks. Earn up to 2.75% APY* just for doing banking basics.
Refunds on ATM Withdrawal Fees*
No Monthly Maintenance Fees
- Free checking that pays high interest
- 2.75% APY* on balances up to $10,000
- 2.75% to 0.59% 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 $10 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free digital banking
- Free AF debit Mastercard®
- Overdraft protection available
- $1 minimum deposit to open
Earning Your Rewards is a Piece of Cake
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 direct deposit, ACH credit, or ACH payment transaction
- At least 10 debit card purchases
- Be enrolled in and agree to receive eStatements
Simple. Didn’t meet your qualifications one month? Don’t worry — your account is still free, and you’ll still earn our base interest rate. Then you can get 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 or credit 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) 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 APY of 2.75%; and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a range from 2.75% to 0.59% APY depending on the account’s balance and (2) you will receive reimbursements up to $10 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented for reimbursements of individual ATM fees of $5.00 or higher. If you believe that you have not been reimbursed the correct amount, please contact the bank. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% 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 04/30/2018. 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-ons and other requirements apply. $1 minimum deposit is required to open the account. Having at least 10 debit card purchases and at least one Monthly Direct Deposit or ACH debit/credit post and settle per qualification cycle and enrollment in and receipt of electronic statements are conditions of earning maximum rewards with this account. Enrollment and use of electronic services (e.g. online banking, electronic statements) may be required to meet some of the account’s qualifications. Limit 1 account(s) per individual taxpayer identification number. There are no recurring monthly service charges or fees to open or close 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.