Free checking that cares. Never pay monthly maintenance fees. And earn high interest just for using your account.
- High Interest
- Refunds on ATM Withdrawal Fees*
- No Monthly Maintenance Fees
- No Minimum Balance Requirements
- Free checking that pays high interest
- 2.00% APY* on balances up to $7,500
- 2.00% to 0.37% APY on balances over $7,500 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $20 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- Add Kasasa Protect® for comprehensive fraud protection*
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free online banking & bill pay
- Free Visa® debit card
- Nationwide surcharge-free ATMs with the SHAZAM® ATM Network
- $50 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 direct deposit, ACH credit, or ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and log into online banking
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.
Account opening bonus will not be paid if accountholder switches into a Kasasa Cash account from another account that offered an account opening incentive to open the initial account.
Annual Percentage Yield (APY) varies by account, account balance and if qualifications are met. See Reward Information Section below for account APY information.
Monthly Direct Deposit/ACH credit/ACH debit, access online banking at least one time per month, at least 12 debit card purchases posted and settled are all qualifications of Kasasa Cash accounts.
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 qualify toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases less than $2.50, 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, January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 falls on a Sunday, the next Monday is not a Business Day.
"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.
Kasasa Cash: average daily balances up to and including $7,500.00 receive an APY of 2.00% and average daily balances over $7,500.00 earn an interest rate of 0.25% on the portion of the average daily balance over $7,500.00, resulting in a range from 0.25% to 2.00% APY depending on the account's average daily balance.
You will receive reimbursements up to an aggregate total of $20.00 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 linked to a Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it, along with any nationwide ATM withdrawal fee reimbursements are automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account balance is less than the transferred amount when the transfer occurs.
Kasasa Saver: average daily balances up to and including $7,500.00 in your Kasasa Saver account earn an APY of 0.50% and average daily balances over $7,500.00 earn an interest rate of 0.25% on the portion of the average daily balance over $7,500.00 resulting in a range from 0.25% to 0.50% APY depending on the account's average daily balance.
Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle.
When your qualifications are not met, nationwide ATM withdrawal fees are not reimbursed, and the entire average daily balance in the Kasasa Cash account earns 0.05% APY.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
$50.00 minimum deposit is required to open a Kasasa Cash checking account.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of Kasasa Saver's linked Kasasa Cash account's qualifications.
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.
A Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account is required to have a Kasasa Saver account.
A linked Kasasa Saver account is required for automatic savings.
Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
iTunes is a registered trademark of Apple, Inc. Amazon.com is a registered trademark of Amazon.com. Google Play is a registered trademark of Google, Inc. Apple Inc., Amazon.com and Google, Inc. are not participants in or sponsors of this program.
Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Saver and Kasasa Tunes are trademarks of Kasasa, Ltd., registered in the U.S.A.