Free Checking that pays you a rate of 3.25% APY* you deserve (in Cash)
Kasasa Cash® is a free, high dividend checking account with no minimum balance requirement and no monthly service fee. You choose the amount you keep in your account and we won’t charge you for keeping it there. Isn’t it about time you put your money to work for you, rather than the other way around? After all, it’s your cash so you should benefit the most from it. Kasasa Cash. Do you Kasasa?
Kasasa Cash is perfect if you want:
- Free checking that gives you extra cash
- 3.25% APY* on balance up to $10,000 when qualifications are met
- 0.25% APY* on amount of balance over $10,000 when qualifications are met
- 0.05% APY* if qualifications are not met
- No minimum balance to earn rewards
- Nationwide ATM fee refunds (up to $10 per monthly qualification cycle)
- Free online banking
To get the 3.25% APY* and ATM fee refunds do the following each monthly qualification cycle:
- Have at least 10 debit card purchases post and clear
- Have at least one ACH debit or bill pay transaction post and clear your account
- Access online banking
- Receive monthly e-statement
If there is a month you don’t meet the qualifications, don’t worry! There’s no penalty, and you still have free checking with no minimum balance. Plus, you’ll get right back to earning high dividends and receiving ATM fee refunds the next month you qualify.
*APY=Annual Percentage Yield. APYs accurate as of 01/22/2013. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $10 (up to $4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 3.25%; and (3) balances over $10,000 earn 0.25% dividend rate on portion of balance over $10,000, resulting in 3.25% -0.5227% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post and clear account during monthly qualification cycle. Transactions must be $5 or more to qualify. Transactions may take one or more banking days from the date transaction was made to post and clear an account. “Monthly Qualification Cycle” is the next to last business day of the prior month through the next to last business day of the current month. Debit card transactions processed by merchants and received by the credit union as ATM transactions do not count towards qualifying debit card transactions. Only debit card transactions processed by merchants and received by the credit union as POS transactions count towards qualifying debit card transactions. 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. ATM receipt must be presented for reimbursement of ATM fees of $5 or more. Monthly direct deposit is required to have this account. Transfers between accounts do not count as qualifying transactions. Limit one Kasasa account per Social Security Number.
Eligible for Discretionary OOPS!™*
which can mean…
fewer returned check charges when you make
mistakes for more money than you have in your checking account.
*Overdraft Privilege is a purely discretionary service and we are not obligated to pay any overdraft. Not all accounts are eligible and restrictions apply. For example, we typically do not pay overdrafts if your account is not in good standing or if you have too many overdrafts. See our Occasional Overdraft Privilege Service Policy. The categories or types of transactions that may overdraw your account include checks, in-person (teller) withdrawal, ATM withdrawal, or other electronic means. Our normal non-sufficient funds or overdraft charge (currently $35) will apply to each item overdrawing your account, and we reserve the right to require you to repay your overdrafts immediately or on demand.