Kasasa Cash
Free Checking That Pays You The 2.50%APY* You Deserve (In Cash)
Kasasa Cash is a free checking account that puts 2.50%APY* right in your pocket. After all, it's your cash so you should benefit the most from it. No short-term. Just you getting the most for your money, every monthly qualification cycle. Kasasa Cash. Do you Kasasa?
- Summary
Kasasa Cash is perfect for you if you want:
- Free checking that gives you extra cash each qualification cycle
- No minimum balance to earn rewards
- Nationwide ATM fee refunds
- Free online banking
- 2.50% APY* on balances up to $25,000
- 0.75% APY* on portion of balance over $25,000
- Even 0.25% APY* on all balances if you don't qualify!
To get 2.50% APY*, do the following each qualification cycle:
- Have 10 Debit Card purchases post and clear your account
- Have one direct deposit transfer or ACH automatic payment post and clear your account
- Sign-up to receive monthly e-statements
If you miss a cycle, don't worry!
You will still enjoy free checking and there's no penalty for not qualifying in a given qualification cycle. Plus you get a base 0.25% APY* and you get right back to making 2.50% APY* and enjoying ATM refunds the next month you qualify.
*APY=Annual Percentage Yield. APYs accurate as of 3.1.13. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each qualification cycle: (1) Nationwide ATM fees incurred 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 0.75% interest rate on the portion of the balance over $25,000, resulting in 2.50% - 1.10% 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 0.25% 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.
- 2013 Qualification Cycles
2013
12.29.12 - 1.30.13
1.31.13 - 2.27.13
2.28.13 - 3.28.13
3.29.13 - 4.29.13
4.30.13 - 5.30.13
5.31.13 - 6.27.13
6.28.13 - 7.30.13
7.31.13 - 8.29.13
8.30.13 - 9.27.13
9.28.13 - 10.30.13
10.31.13 - 11.27.13
11.28.13 - 12.30.13
