Kasasa Cash® Checking Account
Enjoy high interest earnings and refunds on ATM withdrawal fees.*
With free Kasasa Cash® checking, we literally pay you to bank with us. Earn up to 3.00% APY* every month for doing simple activities that you probably already do. You’ll also get refunds on ATM withdrawal fees, nationwide — so every ATM is your ATM, whether you’re in Miami or elsewhere. Link your account to a free Kasasa Saver® to make saving easy.
- Free rewards checking that earns higher interest
- 3.00% APY* on balances up to $10,000
- 3.00% to 0.20% 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 minimum balance to earn rewards
- No monthly service charges
- Unlimited check writing
- Free online banking & bill pay
- Free mobile banking with mobile check deposit
- Free MasterCard® debit card
- Free e-statements
- $25 minimum deposit to open
Here’s how easy it is to earn your rewards:
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 debit transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-statements
And if you don’t meet these qualifications, don’t worry — your account is still free.
Plus, you’ll still earn our base 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) daily collected balances up to $10,000 receive an APY of 3.00%; and daily collected balances greater than $10,000 will earn an interest rate of 0.1998% on the portion of the daily collected balance greater than $10,000, resulting in a range from 3.00% to 0.20% APY depending on the account’s balance and (2) you will receive reimbursements up to $25 ($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. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM 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 transactions. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded. When your monthly qualifications are met, 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 are accurate as of 08/01/2018. 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. $25 minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit or ACH debit transaction and receipt of electronic statements is a condition of this account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons may be required to meet some of the account’s qualifications. Limit one (1) account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. Other fees may apply to this account as outlined in the latest Fee Schedule. Contact one of our bank customer 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.