Summary

Free Kasasa® checking lets you earn really high dividends — up to 3.00% APY — plus up to $20 a month in refunds on ATM fees nationwide.* There's no monthly service fee, and no minimum balance requirements. No kidding.

Want to give your money even more momentum? Link your free Kasasa checking account to Kasasa Saver®, and your cash rewards will transfer to savings automatically.

Account Details

Earning Rewards Is Easy:

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle

If you don't qualify for your rewards for the month, don't worry. Your account's still free, you'll still earn our base rate of 0.05% APY*, and you can get right back to earning the really high rate the next qualification cycle!

Qualification Cycle

Below are the current qualification cycle dates:


  • December 31, 2015 to January 28, 2016
  • January 29, 2016 to February 28, 2016
  • February 29, 2016 to March 30, 2016
  • March 31, 2016 to April 28, 2016
  • April 29, 2016 to May 30, 2016
  • May 31, 2016 to June 29, 2016
  • June 30, 2016 to July 28, 2016
  • July 29, 2016 to August 30, 2016
  • August 31, 2016 to September 29, 2016
  • September 30, 2016 to October 30, 2016
  • October 31, 2016 to November 29, 2016
  • November 30, 2016 to December 29, 2016

*APY=Annual Percentage Yield. APYs accurate as of 12/01/2013. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20, not to exceed six (6) ATM transactions, and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 3.00%; and (3) balances over $25,000 earn 0.45% dividend rate on portion of balance over $25,000, resulting in 3.00% - 0.45% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM 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. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.