Forget about saving rewards points — instead, get real cash back when you meet the simple qualifications.
- High Interest
- ATM Withdrawal Fee Refunds
- No Monthly Maintenance Fees
- Free checking that pays you back
- 5.00% cash back on debit card purchases*
- No category restrictions on purchases
- Cash back earned on up to $200 in purchases monthly
- Earn up to $120 cash back per year, $10.00 per month
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® for automatic savings
- No minimum daily balance to earn rewards
- No monthly maintenance fees
- Includes digital banking services:
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free eStatements
- Free EMV debit card
- No minimum deposit to open
Here’s How You Earn Rewards
It's easy to qualify — as a matter of fact, you're probably already doing it! Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 1 direct deposit, ACH credit, or ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
That's all there is to it. Even if you don't meet your qualifications during the cycle, your Kasasa Cash Back account is still free. And you can get right back to earning your cash rewards the very next month!
To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 1 direct deposit, ACH credit, or ACH payment transaction(s)
- At least 12 debit card purchases
- Enroll in online banking and have agreed to receive e-statements rather than paper statements
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 in order 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 the statement cycle preceding the current statement cycle. See our website or contact a bank representative for specific Monthly Qualification Cycle dates.
"Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account. See our website or contact a bank representative for specific Statement Cycle dates.
When Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, you will receive 5.00% cash back on up to a total of $200.00 for 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.
In addition, daily balances up to and including $25,000.99 in your Kasasa Saver account, if linked, earn an interest rate of 0.75% and daily balances $25,001.00 and over earn an interest rate of 0.25%, resulting in a range from 0.25% to 0.75% APY* depending on the account's daily balance.
You will receive reimbursements up to a maximum aggregate total of $25.00 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during that Monthly Qualification Cycle. An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $5.00 or higher. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction up to the maximum amount.
When your Kasasa Cash Back account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Kasasa Saver account, if linked, earns an interest rate of 0.01% resulting in a 0.01% APY*.
Nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Saver, if linked, on the last day of the statement cycle. Interest will be credited to you Kasasa Saver account, if linked, on the last day of the statement cycle. If no Kasasa Saver is linked, nationwide ATM withdrawal fees will be credited to your Kasasa Cash Back account the first business day of the next statement cycle.
APY = Annual Percentage Yield*. APYs* accurate as of 7/1/2018. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account at any time. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. You will automatically qualify for the account's rewards during your account's first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the Cash Back account. No minimum deposit is required to open the savings account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of one account(s) per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account.
You will not receive cancelled checks back with your monthly statement. Check printing fees depends on style of checks ordered.
FEES — See separate fee schedule for a listing of fees and charges applicable to your account(s).
Account Limitations: If Kasasa Saver Is Established As A Savings Account:
We reserve the right to at any time require not less than seven days’ notice in writing before any withdrawal from an interest-bearing account.
Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.