Kasasa® Cash and Kasasa® Cash Back
If you prefer online banking and use a debit card, you could qualify for some serious cash. And with each account, you'll enjoy unlimited nationwide ATM fee refunds when requirements are met. Both checking accounts are free, and require no minimum balance.
When qualifications are met: you will receive unlimited nationwide ATM fee refunds and either a premium rate or cash back on qualifying debit card purchases depending on your account.
Kasasa® Cash: 3.00% APY will be paid on the portion of daily balance of $15,000 or less. Portion of daily balance over $15,000 earns an interest rate of 0.15%, resulting in an APY of 3.00% to .45% depending on the balance. The Annual Percentage Yields (APY's) are accurate as of 9/1/2016 and subject to change without notice.
Kasasa® Cash Back: 3.00% cash back on debit card purchases (PIN-based and signature-based) of $300 or less (maximum cash back of $9.00 per monthly qualification schedule), that post and settle to the account during that cycle period. ATM transactions do not qualify.
If qualifications not met: ATM fees will not be refunded. Additionally, on Kasasa Cash: entire balance will earn 0.03% APY, on Kasasa Cash Back: you will not receive cash back on your debit card purchases. Try again the next month.
Qualification Cycle: To qualify, all transactions must post and clear your account during the monthly cycle which is defined as: A period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle. For your reference, the qualification cycles for 2017 are:
January: December 31 - January 30
February: January 31 - February 27
March: February 28 - March 30
April: March 31 - April 29
May: April 30 - May 30
June: May 31 - June 29
July: June 30 - July 30
August: July 31 - August 30
September: August 31 - September 29
October: September 30 - October 30
November: October 31 - November 29
December: November 30 - December 30
Kasasa® Saver: A Kasasa Saver account must be linked to either a Kasasa Cash or Kasasa Cash Back account. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs.
If qualifications in Kasasa Cash or Cash Back are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 0.50%; and (2) balances over $15,000 in Kasasa Saver earn 0.25% APY on the portion of the balance over $15,000, resulting in 0.50% APY to 0.28% APY depending on the balance. If qualifications are not met in the Kasasa checking accounts, all balances in Kasasa Saver earn 0.03% APY.