Kasasa Cash Free Checking Account

Kasasa Cash®

Cash in on high returns with free, high-dividend Kasasa Cash® checking! Get paid really high dividends for simple things, like using eStatements, that just make life easier. What else makes life easier: nationwide ATM fee refunds. Kasasa Cash makes any ATM your ATM.™

No minimum balance requirements. No monthly service fees. No strings attached. Kasasa Cash checking works for you and your money!


View our current rates.

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Summary
  • 2.50% APY* on balances up to $10,000
  • 2.50% to 0.45% APY on balances over $10,000 depending on balance in account*
  • 0.05% APY* if qualifications aren't met
  • ATM fee refunds nationwide up to $20 ($4.99 per transaction)*
  • Can link to high-dividend Kasasa Saver® account
  • No monthly service fee
  • No minimum balance to earn rewards
  • Unlimited check writing
  • Easily set up direct deposit or automatic account transfers
  • Free online banking & bill pay
  • Free eStatements
  • Free phone banking
  • Free debit card
  • $50 minimum deposit to open

Use our financial calculator to determine your projected earnings from our Kasasa Cash account.

How Does Kasasa® Work?

Simple things like using your debit card and receiving eStatements save you time and make life easier. Those small changes also help save us some money. We can then pump that money back into the community — and to pay you rewards!

Qualifications

Qualifying for rewards is easy — so easy, in fact, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 10 debit card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Have at least 1 automatic payment (ACH) or Bill Pay transaction post and settle
  • Be enrolled and log into online banking

That's it. 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 major dividends and nationwide ATM fee refunds the very next month.

*APY=Annual Percentage Yield. APYs accurate as of 05/09/2017. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash and $5 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.99 per transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.50%; and (3) balances over $10,000 earn 0.25% dividend rate on the portion of the balance over $10,000, resulting in 2.50% to 0.45% 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 monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions and transfers between accounts do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one 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 is automatically transferred to Kasasa Saver each statement cycle and does 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. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual fee of $5.00 or higher.