Kasasa Cash free checking account with rewards

Kasasa Cash


Make the most of your money with free, high-interest Kasasa Cash® checking. Rather than waste your hard-earned money on monthly fees, hold on to every dime, plus more, thanks to really high interest rates.

But the benefits don't stop there. Withdraw funds at ATMs, nationwide, without paying pesky fees. Kasasa Cash reimburses up to $30 in ATM fees not just in Illinois, but across the country.* It's your money — make it work for you. Do you Kasasa?®

Account Details

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!


It's so easy to qualify, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each qualification cycle:

  • Have at least 10 debit card purchases (PIN or Signature based) post to and settle to your account
  • Be enrolled and receive eStatement notice
  • Have at least 1 direct deposit or automatic payment (ACH) post to and settle to your account

That's it. If you don't meet the qualifications one cycle, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate.

Qualification Cycles

2016 Qualification Cycles

• 7.31.16 - 8.30.16

• 8.31.16 - 9.29.16

• 9.30.16 - 10.28.16

• 10.29.16 -11.29.16

• 11.30.16 -12.29.16

2017 Qualification Cycles

  • 12.30.16 - 01.30.17
  • 1.31.17 - 2.27.17
  • 2.28.17 - 3.30.17
  • 3.31.17 - 4.27.17
  • 4.28.17 - 5.30.17
  • 5.31.17 - 6.29.17
  • 6.30.17 - 7.28.17
  • 7.29.17 - 8.30.17
  • 8.31.17 - 9.28.17
  • 9.29.17 - 10.30.17
  • 10.31.17 - 11.29.17
  • 11.30.17 - 12.28.17

*APY=Annual Percentage Yield. APYs accurate as of 6.01.15. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each qualification cycle: (1) Nationwide ATM fees incurred, up to $30, during qualification cycle will be reimbursed and credited to Kasasa Cash account on the last day of the monthly statement cycle: (2) balances up to $25,000 receive APY of 2.50%; and (3) balances over $25,000 earn 0.25% interest rate on the portion of the balance over $25,000, resulting in 2.50% - 0.70% APY depending on the balance. This means if qualifications are met, the APY decreases as your balance increases above $25,000. If qualifications are not met on Kasasa Cash all balances earn 0.03% APY. Qualifying transactions must post to and settle Kasasa Cash account during qualification cycle. Transactions may take one or more business days from the date transaction was made to post to and settle account. "Qualification Cycle" means a period beginning the last business day of the previous statement cycle through the business day prior to the last business day of the current statement cycle. "Qualification Cycle" is not the same as Monthly Statement Cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver after each statement cycle and then compounds at the Kasasa Saver interest rate. Actual interest 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 debit card/ACH transactions. Nationwide ATM fee reimbursements (Kasasa Cash account only) provided only if qualifications are met within the qualification cycle. Limit one account per SSN. ATM receipt must be presented for reimbursement of a questioned ATM fee. Fees could reduce the earnings on the account. Electronic Checks and FSB Bank to Bank transfers do not count towards qualifying payments.