Every month the rewards earned in your Kasasa® checking are transferred to free Kasasa Saver®, where they continue to grow automatically.
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 0.75% APY* on balances up to $25,000
- 0.75% to 0.35% APY on balances over $25,000 depending on balance in account*
- 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free digital banking
- Free EMV debit card
- $25 minimum deposit to open
Earning rewards really is this simple.
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- Be enrolled in and log into online banking
And that’s it. If you miss the qualifications, don't worry. You still earn the base dividend rate. Plus, you can get back to qualifying for the full rewards again during the next monthly qualification cycle.
*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, [PIN-based, signature based] transactions, non-retail payment transactions, and purchases made with debit [or credit] cards not issued by our credit union].Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $25,000 receive APY of 0.75%; and balances over $25,000 earn 0.2497% interest rate on the portion of balance over $25,000, resulting in a range from 0.35% to 0.75% APY depending on the account’s balance. Kasasa Cash: Balances up to $10,000 receive a non-compounding APY* of 2.00%; and balances over $10,000 earn 0.2497% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from 0.41% to 2.00% APY* depending on the account’s balance. When Kasasa Cash qualifications are not met, Kasasa Saver: All balances earn 0.05% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.05%. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 1/1/2018. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No /$0.00 minimum deposit is required to open the account. Enrollment in online banking (Virtual Branch) and receipt of electronic statements (eStatements) are conditions of this account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons may be required to meet some of the account’s qualifications. Limit two (2) Kasasa Cash Back accounts per social security number or individual taxpayer identification number. There are no recurring monthly maintenance charges or fees to open or close this account. Contact one of our credit union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.