Bank like you've never banked before with Kasasa Cash® free checking. Instead of you paying us, we pay you. Earn a high dividend rate, keeping your money where it should be—in your account.
Plus, receive unlimited ATM fee refunds nationwide*. Don't just bank. Be a part of a banking revolution with Kasasa®.
- 2.51% APY* on balances up to $5,000
- 0.50% dividend rate* on amount of balance over $5,000 (resulting in a 2.51%–0.60% APY depending on balance)
- 0.05% APY* if qualifications aren't met
- Unlimited nationwide ATM fee refunds*
- No monthly service charge
- No minimum balance to earn rewards
- Direct deposit required to maintain account
- Free online banking & bill pay
- Free eStatements
- Free Visa® debit card
- No minimum deposit to open
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 settle
- Be enrolled and receive eStatement notice
- Be enrolled and log into online banking
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 dividend rate. Plus, you can get back to earning huge dividends and nationwide ATM fee refunds the very next month.
*APY = Annual Percentage Yield. APYs accurate as of 06/19/2013. 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 ($5 per single transaction) and credited to account on the last day of 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% - 0.26% 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 monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "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 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. Limit one account per Social Security Number. Must be 18 or older to open this account. Monthly direct deposit required to have these accounts.