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
- Must maintain a valid email address on file
- 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 15 debit card purchases post to 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 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.