Image of card swiping

Kasasa Cash

Earn a high rate in a free account with Kasasa Cash Checking

  • Earn a high rate, paid monthly
  • Refunds on ATM withdrawal fees, nationwide*
  • No monthly maintenance fees, ever
  • No minimum balance to earn your rewards
2.00% APY* on balances up to $25,000 if qualifications are met
0.05% APY* on all balances, even if qualifications are not met

Kasasa Cash is our free checking account that pays you for banking with us!

  • 2.00% APY - up to a balance cap of $25,000
  • 0.05% APY on all balances, even if qualifications are not met
  • No minimum balance
  • No monthly maintenance fees
  • Nationwide ATM withdrawal fee refund - up to $15 each cycle

To earn your rewards, we ask you do the following each monthly qualification cycle:

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive e-statements
  • Be enrolled in and log into online banking

If you don't meet the qualifications, your account is still free and you can try again the following month!

Open Your Kasasa Cash Account Now

In order to qualify for your Kasasa account rewards, enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa account during each Monthly Qualification Cycle:
  • At least 12 debit card purchases
  • Be enrolled in and agree to receive e-statements
  • Be enrolled in and log into online banking
Account transactions and activities may take one or more Banking 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 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: Rewards vary by account. Depending on what Kasasa account you open, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle:

Kasasa Cash: This account is an interest bearing account. When your Kasasa Cash account qualifications are met during a monthly qualification cycle, daily balances up to and including $25,000.00 in your Kasasa Cash account earn an interest rate of 1.98% resulting in an APY of 2.00%; and daily balances over $25,000.00 earn an interest rate of 0.10% on the portion of the daily balance over $25,000.00, resulting in a range from 2.00% to 0.48% APY depending on the account's daily balance.

Kasasa Cash with Kasasa Saver: This account is an interest bearing account. When your Kasasa Cash account qualifications are met during a monthly qualification cycle, daily balances up to and including $25,000.00 in your Kasasa Cash account earn an interest rate of 1.98% resulting in a non-compunding APY of 2.00%; and daily balances over $25,000.00 earn an interest rate of 0.10% on the portion of the daily balance over $25,000.00, resulting in a non-compounding range from 2.00% to 0.10% APY depending on the account's daily balance.

Kasasa Cash Back: 4.00% cash back on up to a total of $250.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle.
 
Kasasa Saver: This account is an interest bearing account. When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a monthly qualification cycle, daily balances up to and including $50,000.00 in your Kasasa Cash account earn an interest rate of 0.995% resulting in an APY of 1.00%; and daily balances over $50,000.00 earn an interest rate of 0.10% on the portion of the daily balance over $50,000.00, resulting in a range from 1.00% to 0.40% APY depending on the Kasasa Saver account's daily balance. When your linked Kasasa Cash or Kasasa Cash Back qualifications are not met during a Monthly Qualification Cycle: the entire daily balance in the Kasasa Saver account earns 0.05% APY.

ATM Fee Refunds: you will receive reimbursements up to $15.00 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher.

When your Kasasa account qualifications are not met all balances in a Kasasa Cash account earn 0.05% APY*; cash back payments are not made, and ATM fees are not reimbursed. Rewards and ATM fee reimbursements will be credited to the appropriate Kasasa account on the last day the current of statement cycle. Automatic transfer from Kasasa Cash to Kasasa Saver occurs within one day and may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. When linked to the Kasasa Saver account, the interest earned within the linked Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Due to non-compounding, the actual interest amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY*, the advertised APY* is represented without a linked Kasasa Saver account. APY = Annual Percentage Yield. APYs accurate as of 06/07/2020. 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. $50.00 minimum deposit is required to open a Kasasa Cash, Kasasa Cash Back, or a Kasasa Tunes account. $25.00 minimum deposit is required to open a Kasasa Saver 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 individual taxpayer identification number. There are no recurring monthly maintenance charges or fees to open this account. Closing fee of $25.00 if account closes within 60 days of opening. A Kasasa Saver account may only be opened in conjunction with a Kasasa Cash or Cash Back account. A linked Kasasa Saver account is required for automatic savings. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations, enrollment instructions, and fee schedule. Member FDIC.
 
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Tunes are trademarks of Kasasa, Ltd., registered in the U.S.A.











MEMBER FDIC
Kasasa and Kasasa Cash Back are trademarks of Kasasa Ltd., registered in the U.S.A. | “Take back banking” is a trademark of Kasasa Ltd., registered in the U.S.