Free Kasasa Cash

Free Checking That Pays You High Dividends and Refunds on ATM Withdrawal Fees, Nationwide*

Free checking is nice, but we think free is how checking should be. Free checking that pays you? Now that’s something really special. That’s Kasasa Cash®.

Some interest-bearing accounts reserve the better rates for bigger balances. We flipped the script on that. Earn 2.01% APY* on balances up to $10,000! But that’s not all. We’ll pay you refunds on ATM withdrawal fees all across the country*! So stop paying for your money — let us pay you instead. Open your account today!

Summary
  • Free checking that pays high interest
    • 2.01% APY* on balances up to $10,000
    • 2.01% to 0.41% APY on balances over $10,000 depending on balance in account*
    • 0.01% APY* if qualifications aren't met
  • Refunds on ATM withdrawal fees, nationwide (up to $20 monthly)*
  • Link to free Kasasa Saver® to build savings automatically
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free online banking & bill pay
  • Free eStatements
  • Free mobile banking with mobile deposit
  • Free MasterCard® debit card
  • Unlimited check writing
  • $50 minimum deposit to open

It’s Easy to Earn Rewards 

To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Have at least one direct deposit or ACH payment transaction post and settle
  • Have at least 12 signature-based debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements

That's it. Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still free. Plus, you'll still earn our base dividend rate. And you can get right back to earning your full rewards the very next month!

*APY=Annual Percentage Yield. APYs accurate as of 03/03/2015. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash and $1 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.01%; and (3) balances over $10,000 earn 0.25% interest rate on the portion of the balance over $10,000, resulting in 2.01% - 0.41% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash account are met each monthly qualification cycle, all balances in Kasasa Saver account receive an APY of 0.71%. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver account earn 0.01% APY. Transfers between accounts do not count as qualifying transactions. PIN based transactions do not count towards qualifying debit card transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.