Enjoy high interest earnings and refunds on ATM fees.*
We basically pay you to bank here. Free Kasasa Cash® checking pays you up to 4.00% APY* when you do banking basics that you're probably already doing.
But the rewards don't stop there — you'll also get refunds on your ATM fees, nationwide. That way every ATM becomes your ATM. Link Kasasa Cash to a free Kasasa Saver® to make saving easy.
- Free checking that pays high interest
- 4.00% APY* on balances up to $9,999.99
- 4.00% to 0.45% APY on balances $10,000 and above depending on balance in account*
- 0.01% APY* if qualifications aren't met
- Unlimited refunds on ATM fees, nationwide*
- Link to free Kasasa Saver account for automatic savings
- No minimum balance to earn rewards
- No monthly service fee
- Free MasterCard® debit card
- Free online banking & bill pay
- Free mobile banking
- Free telephone banking
- Free eDocuments
- $50 minimum deposit to open
Please note: eDocuments (eStatements) are a condition of having this account. If you do not receive your monthly statements electronically, you will be charged a $3.00 fee per statement cycle.
How Do I Earn a Higher Rate and ATM Refunds?
Getting your full rewards is simple. In fact, the things you have to do to "qualify" are things that make banking easier anyway. To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:*
- Have at least 1 direct deposit or automatic debit transaction post and clear
- Have at least 12 debit card purchases post and clear
- Be enrolled in and log into online banking
That's all there is to it!
And if for some reason you don't qualify one month, don't worry — your account is still free. You'll still earn our base rate and you can get back to earning your full rewards the very next cycle that you qualify.
*APY=Annual Percentage Yield. APY is accurate as of 3/1/2023. Rates may change after account is opened. Fees could reduce earnings on this account. Minimum to open is $50 for Kasasa Cash. When monthly qualifications are met, we will refund domestic ATM surcharge and terminal fees up to $4.99 per transaction. To qualify for Kasasa Cash preferred rates, you must : (1) Have at least twelve (12) debit card point of sale transactions post and clear your account per monthly "qualification cycle" (Does not include ATM transactions); (2) Sign into online banking at least once per monthly "qualification cycle"; and (3) Have at least one (1) direct deposit or automatic debit post and clear your account per monthly "qualification cycle". Qualifying transactions must post to and clear your account during the monthly qualification cycle.
Transactions may take one or more banking days from the date the transaction was made to post to and clear an account. ATM-processed transactions 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. "Statement Cycle" means a period beginning on the Thursday after the second Wednesday of one month through the second Wednesday of the following month.
If qualifications are met each monthly qualification cycle: (1) balances up to $9,999.99 receive an APY of 4.00%; and (2) balances of $10,000.00 and above earn 0.10% interest rate on the portion of the balance of $10,000.00 and above, resulting in 4.00% to 0.45% APY depending on the balance. If qualifications are not met, all balances earn 0.01% APY. Limit one account per SSN.