Your account is always free. You even earn our base interest rate. Plus, you can still earn a higher rate and refunds on ATM fees the very next cycle.
* APY= Annual Percentage Yield. Kasasa Cash® is a variable rate checking account and rates may change after account is opened at any time. When your Kasasa Cash account qualifications are met (see above) during a Monthly Qualification Cycle, (1) balances up to $15,000 receive APY of 2.00% and balances over $15,000 earn 0.25% interest rate, resulting in a range from 2.00% to 0.48% APY depending on the account’s balance. When Kasasa® qualifications are not met, all balances in the account earn 0.02% APY and ATM fees will not be reimbursed. $50 minimum deposit to open the account. Fees may reduce earnings.
** ATM fee reimbursements: You will receive reimbursements up to $25 monthly ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you met your Kasasa Cash® qualifications (see above).
*** Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle may not qualify. Transactions and activities may take one (1) or more Business Day(s) from the date the transaction or activity occurred to post and settle to the account. The following activities do not qualify: ATM-processed transactions and transfers between accounts. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction.