Free Kasasa Cash

Free Kasasa Cash

Free checking that pays a high rate plus refunds on your ATM fees, nationwide.*

We basically pay you to bank here. Earn up to 2.51% APY* with free Kasasa Cash® checking. You'll also get refunds on your ATM fees, nationwide* -- not just in State College or Huntingdon, but from any ATM you use in the U.S.

You can also connect your account to a free Kasasa Saver® to build your savings automatically. That's Kasasa® -- free accounts that reward you for doing banking basics that you're probably already doing.

  • Free checking that rewards you in ways that matter
  • 2.51% APY* on balances up to $5,000
  • 2.51% to 0.60% APY on balances over $5,000 depending on balance in account*
  • 0.05% APY* if qualifications aren't met
  • Unlimited refunds on ATM fees, nationwide*
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free online banking & bill pay
  • Free eStatements
  • Free Visa® debit card
  • No minimum deposit to open
  • Must maintain a valid email address on file

Earning your rewards is easy.

To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Have at least 15 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

That's really it. Even if you don't meet these qualifications during the cycle, there are no fees or penalties -- you still have a free account. Plus, you'll earn our base dividend rate. And you can get right back to earning your full Kasasa Cash rewards the very next qualification cycle.

*APY = Annual Percentage Yield. APYs accurate as of 10/1/2014. Rates may change after account is opened. New members must pay the $5 membership fee and meet the $5 qualifying share requirement at the time of account opening. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM withdrawal fees incurred during qualification cycle will be reimbursed (up to $5.00 per single transaction) and credited to the account on the last day of the monthly statement cycle; (2) balances up to $5,000 receive APY of 2.51%; and (3) balances over $5,000 earn 0.50% dividend rate on the portion of the balance over $5,000 resulting in 2.51% - 0.60% 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 settle Kasasa Cash account during each monthly qualification cycle. Transactions and activities may take one or more banking days from the date the transaction or activity occurred to post to and settle the account. The following activities do not count toward earning rewards; ATM-processed transactions, transfers between accounts, and debit card transactions processed by merchants and received by SPE as ATM transactions. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding dividends. Dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and do not compound. Actual dividend amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications are met each monthly qualification cycle; (1) balances up to $5,000 in Kasasa Saver receive an APY of 0.50%, and (2) balances over $5,000 in Kasasa Saver earn 0.25% dividend rate on portion of the balance over $5,000, resulting in 0.50% - 0.26% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Must be 18 or older to open this account. Must maintain a valid email address on file with SPE. This account is not to be used for commercial purposes. Kasasa Cash and Kasasa Saver are a trademark of BancVue, Ltd., registered in the U.S.A.