Earn really high dividends on your balance, plus refunds on ATM withdrawal fees, nationwide!*
Kasasa Cash is a free checking account that earns really high dividends every month. It's a Kasasa® account, so you know it's packed with great rewards like earning refunds on ATM withdrawal fees, nationwide.* Plus, you'll have exclusive access to open our free Kasasa Saver® account that collects and grows these earned rewards automatically!
Kasasa® checking is part of a nationwide movement to reward people for banking locally. Money reinvested in our community is better for us all. Take a look below at the great features and benefits Kasasa Cash offers.
- Free checking that pays high dividends
- 3.00% APY* on balances up to $25,000
- 3.00% to 0.50% APY on balances over $25,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- No minimum balance requirements or monthly maintenance fees
- Refunds on ATM withdrawal fees, nationwide (up to $20 monthly)*
- Free Kasasa Saver to build savings automatically
- Free Online Banking and Bill Pay
- Free Mobile Banking with account balance, transfer and Remote Deposit features
- Free E-Statements
- Free account alerts
- Free Visa® Debit Card
- No minimum deposit to open
Qualifying Is Easy
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 12 debit card purchases
- Be enrolled in and agree to receive E-Statements
- At least one direct deposit or ACH credit transaction
And 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 dividend rate and can get right back to earning your full rewards the very next month!
*APY = Annual Percentage Yield. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Kasasa Cash account earn a dividend rate of 2.96% resulting in a non-compounding APY of 3.00%; and daily balances over $25,000 earn a dividend rate of 0.50% on the portion of the daily balance over $25,000, resulting in a non-compounding range from 0.50% to 3.00% APY depending on the account's daily balance. In addition, daily balances up to and including $50,000 in your Kasasa Saver account earn a dividend rate of 1.49% resulting in an APY of 1.50%; and daily balances over $50,000 earn a dividend rate of 0.50% on the portion of the daily balance over $50,000, resulting in a range from 0.50% to 1.50% APY depending on the Kasasa Saver account's daily balance. You will receive reimbursements up to an aggregate total of $20 for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. Maximum $4.99 per transaction withdrawal fee. When your Kasasa Cash qualifications are not met, the dividend rate earned on the account's entire daily balance will be 0.05% resulting in a non-compounding annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Kasasa Saver account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05%. APY calculations are based on an assumed balance of $25,000 + $100,000 in your Kasasa Cash account and $50,000 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. You will automatically qualify for the account's rewards during your account's first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards. Account requirements per Monthly Qualification cycle: (1) at least 1 direct deposit or ACH credit transaction, (2) at least 12 PIN-based/signature-based debit card purchases and (3) be enrolled in and have agreed to receive e-statements rather than paper statements. Dividends and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash and Kasasa Saver account on the last day of the current statement cycle. Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.