Kasasa Cash
Maximize your payouts and eliminate fees with free, high interest Kasasa Cash®. Kasasa Cash is a revolutionary way to bank. Everyday things, like receiving free eStatements and using your debit card, reward you with high interest.
Plus, receive ATM fee refunds on any ATM transaction made within the United States. Get more without giving more with checking that pays.
- Summary
- 3.00% APY* on balances up to $15,000
- 3.00% – 0.61 % APY on balances over $15,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Unlimited nationwide ATM fee refunds*
- Can link to Kasasa Saver®; for more earnings
- No monthly service fee
- No minimum balance to earn rewards
- Free online banking, bill pay & mobile money
- Free eStatements
- Free Visa® debit card
- Unlimited check writing
- No minimum deposit to open
Qualifications
Qualifying for rewards is so easy, you're probably already doing it! It's as simple as doing the following each monthly qualification cycle:
- Have at least 12 debit card purchases post and clear
- Access online banking
- Receive free eStatements
If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning huge interest and nationwide ATM fee refunds the very next month.
*APY=Annual Percentage Yield. APYs accurate as of 01/14/2013. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 3.00%; and (3) balances over $15,000 earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 3.00% - 0.61% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Qualifying transactions must post to and clear Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and clear account. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $50,000 in Kasasa Saver receive an APY of 1.00%; and (2) balances over $50,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $50,000, resulting in 1.00% - 0.50% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Limit one account per SSN. ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher.
