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Kasasa Rewards Checking

 

The Right Checking Account for You - No Fees, Just Rewards

Whether you want simple cash-back or monthly interest rewards, we have an option designed for your lifestyle. Jump in, explore your options, and choose the account that fits you best! 

 

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Get More from Your Money—Because You Deserve It

You work hard for your money. What if your money worked just as hard for you? With our Cash Rewards accounts, every swipe of your debit card puts a little extra cash back in your pocket just for doing what you already do. Plus, we’ll cover up to $25 in nationwide ATM fees each month.

A person holding an open wallet that shows a dollar bill. The image says Kasasa Cash Back.
 
It’s simple, it’s rewarding, and it’s designed to fit seamlessly into your life.

Kasasa Cash Back® lets you keep more of your hard-earned cash where it belongs IN YOUR POCKET

Here’s how it works:

  1. Earn 4.00% Cash Back on your everyday purchases up to $10 every month.

  2. Get up to $25 in ATM withdrawal fee refunds— up to $4.99 per transaction.

  3. Qualify effortlessly by meeting three simple actions during each Monthly Qualification Cycle.

Start Earning Kasasa Cash Back Rewards Today!
 
 
 

Kasasa Cash® rewards you with high interest - because your money should WORK FOR YOU!

Here's how it works:

  1. Earn 2.75% APY* on balances up to and including $15,000.00.
  2. Earn 0.25% APY* on any balance over $15,000.00.
  3. Even if you don’t qualify, you’ll still earn 0.05% APY* on your entire balance. 
 
 
*Annual Percentage Yield
  A woman pulling cash out of a wallet. The image has the words, "Kasasa Cash."
 
 It’s simple, it’s rewarding, and it’s designed to help your money grow effortlessly. 
 
 
A hand holding a pen above a sheet of paper that has checkmarks in boxes. The image has the word "Qualifications" on it.
 
Didn’t qualify this month? No problem! Your account still doesn't have any monthly fees, and you can qualify again next month.
 

Qualifying for rewards is easy.

To earn high interest and ATM withdrawal fee refunds, simply do the following during each Monthly

Qualification Cycle:

  1. Make at least 12 debit card purchases that post and settle before the end of the statement cycle.
  2. Have at least 1 automatic payment (ACH) or direct deposit post and settle.
  3. Be enrolled in and agree to receive e-statements.
If your account doesn’t qualify for rewards for 6 consecutive months, it will transition to a non-reward account that might have monthly fees.
  A hand with a bright checkmark hovering about it. The words say "Kasasa Checking Accounts at a Glance."
  Kasasa Cash ® Kasasa Cash Back ®
No Monthly Fees √ √
Monthly Reward 2.75% APY on all balances up to $15,000 and .05% APY on all balances even if qualifications aren't met.  4.00% cash back on debit card purchases (up to $10 every month)
Refunds on ATM Fees Nationwide  Up to $25 per month Up to $25 per month
No Minimum Balance to Earn Rewards √ √
Debit Card  √ √
Unlimited Checking  √  √
Online Banking  √  √
Minimum Deposit to Open $25  $25 
Unlimited Checking √  √ 
Kasasa Saver Available √  √
  • Earn even more by adding a Kasasa Saver® to your Kasasa® checking account. Contact any Customer Service Representative to learn how to get Saver® rewards.

 
  • Does my Kasasa® account always have zero monthly fees?
Yes. There's never a monthly maintenance fee with any Kasasa® account, even if you keep a low balance. Also, there is no minimum balance required to earn your rewards.

  • Why do you offer monthly rewards and refunds on ATM withdrawal fees?
The simple things you do to earn your Kasasa rewards (we call them "qualifications") actually help us save money every month. The rewards and refunds are our way of saying "Thanks!"

  • What happens if I don't meet my qualifications?
You won't earn your rewards, but there is no penalty fee - you still have no-fee checking account. And you can get right back to earning your rewards the very next qualification cycle. However, If the account doesn't qualify for rewards for 6 consecutive months, the account will be changed to a non-rewards Commercial Bank account that could have a monthly fee.

  • Why can't I get Kasasa at a megabank?
Kasasa is more than a no-fee checking and monthly rewards. It's a vote of confidence in your local community. So be proud, bank local, and get rewarded for it!
 

 
  • 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 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 bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.

Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

  • Reward Information:

Depending on what Kasasa® account you have, you will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle:

  • Kasasa Cash Back®:

When Kasasa Cash Back® qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $250.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back payments may be earned per Monthly Qualification Cycle.

When your Kasasa Cash Back® account qualifications are not met, no cash back payments are made.

Cash back payments will be credited to the appropriate account on the last day of the current statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed.

  • Kasasa Cash®:

When your Kasasa Cash® account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $15,000 in your Kasasa Cash® account earn an interest rate of 2.717000000000% resulting in an APY* of 2.75%; and daily balances over $15,000 earn an interest rate of 0.25000000000% on the portion of the daily balance over $15,000, resulting in a range from 0.58% to 2.75% APY* depending on the account's daily balance.

When your Kasasa Cash® qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.0500000000% resulting in an annual percentage yield of 0.05%

Interest will be credited to your Kasasa Cash® account on the last day of the current statement cycle.

*APY = Annual Percentage Yield.

APYs accurate as of 1/17/2023.
  • ATM Rewards:

You will receive reimbursements up to $25 for nationwide ATM withdrawal fees incurred within your Kasasa account during the Monthly Qualification Cycle in which you qualified. Refunds up to $4.99 will be refunded automatically. Refunds over $4.99 require a receipt brought into the bank in order to be refunded.

When your Kasasa account qualifications are not met, no cash back payments are made, and ATM withdrawal fees are not refunded.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back account on the last day of the current statement cycle.
  • Additional Information:

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

$25 minimum deposit is required to open the account.

There are no recurring monthly maintenance charges or fees to open or close this account.

Advertised information and rewards are based on all account qualifications being met during each cycle period.

If account qualifications are not met for 6 consecutive months, account will be changed to a non-rewards checking account that could have a monthly fee. 

Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Member FDIC.

Trademarks:

Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.