Kasasa “Choose Your Rewards” Checking
Your rewards. Your choice. Your Kasasa.
Kasasa “Choose Your Rewards” means you choose between high dividends or cash back on debit card purchases every month you qualify. Either way, you’ll earn refunds on ATM withdrawal fees when you qualify.
Every Kasasa checking account is FREE and includes:
- ATM Fee Refunds Nationwide
- No Minimum Balance to Earn Rewards
- FREE Online banking
- FREE Online bill pay
- FREE Mobile banking
- FREE e-statements 1
- FREE CO-OP Shared Branching 2
E-statements are required to open and maintain a Kasasa account. Kasasa products are eligible for Discretionary OOPS!™(Occasional Overdraft Privilege Service)* which can mean fewer returned check charges when you make mistakes for more money than you have in your checking account.
Members Exchange Federal Credit Union reserves the right to convert the Kasasa Checking account to a different checking account if it does not meet the account qualifications for three consecutive statement cycles. At that time, the Kasasa Rewards Checking account will be converted to the Kasasa Base account.
Choose Your Rewards
Kasasa Base
- The Kasasa Base account is a free account, waiting for you to choose your rewards.
High Dividends
- 3.00% APY on balances up to and including $10,000 when qualifications are met
- 0.15% APY* on all balances when qualifications are not met
Cash Back on Debit
- 3.00% cash back on debit card purchases up to $250 when qualifications are met
- $90 per year in cash back on debit card purchases up to $7.50 per month, when you qualify
Qualifying is easy:
To earn rewards, the following enrollments must be in place, and all transactions and activities must post and settle to your Kasasa account during each Monthly Qualification Cycle.
- Have at least 15 debit card purchases post and clear (Transactions must be $15 or more to qualify)
- Have at least one ACH debit or bill pay transaction post and clear your account
- Access online banking
- Receive monthly e-statement 1
- e-statements are required to open and maintain the account (fee for paper statements)
Kasasa Saver
Earn rewards on your savings and automatically save your checking rewards. Get amazing interest on your savings balance when you qualify for rewards in your linked Kasasa checking account:
- 4.00% APY* on balances up to and including $75,000 when qualifications are met
- 0.05% APY* on all balances when qualifications are not met
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.
[1] Paper Statement Fee. A recurring $3.00 fee will apply if you choose to receive an account statement in paper form. To avoid the paper statement fee, login to your Online Banking and sign up for free e-statements. New members will have two statement cycles to sign up for e-statements.[2] CO-OP Shared Branching: Account access at CO-OP shared branches is available after 60 days of membership.
Click here to view disclaimers for all Kasasa accounts.
Click here to view Kasasa Cycle Dates
Learn more about our other Personal Savings Accounts and Personal Checking Accounts.