Kasasa Cash

Choose Kasasa Cash, not old-fashioned free checking. It's free checking that pays, and pays you back your ATM fees. Earn rates so high they graze the South Dakota sky, to the tune of 2.51% APY* on balances up to $10,000.

We'll even refund your ATM fees up to $20 per month* — all for meeting easy, penalty-free qualifications that save you time. It's people-first free checking to put you in control, and put money in your pocket.

Kasasa Cash Essentials:

  • 2.51% APY* paid on balances up to $10,000
  • 2.51% to 0.46% APY paid on balances over $10,000 depending on balance in account*
  • 0.01% APY* paid even if qualifications aren't met
  • Up to $20 in refunds on ATM fees per month*
  • No minimum balance to earn interest
  • Free online banking & bill pay
  • Free eStatements
  • Free debit card
  • Direct deposit required to open
  • Low $100 minimum deposit to open
  • Connect to Kasasa Saver — free savings that builds your balance automatically!

Penalty-free Qualifications!

There's never a penalty fee if you come up short on monthly Kasasa Cash qualifications. In fact, our easy qualifications save you time and hassle. To earn your complete rewards, just do the following during each monthly qualification cycle:

  • Have at least 12 check card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Have at least one automatic payment (ACH) post and settle

Simple. And again, there's no penalty fee for failing to qualify. Even better, you still earn base-rate interest! Then get back to earning your full rewards with a clean slate the very next cycle.

*APY=Annual Percentage Yield. APYs accurate as of 1/14/2013. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 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 2.51%; and (3) balances over $10,000 earn 0.25% interest rate on the portion of the balance over $10,000, resulting in 2.51% - 0.46% 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 check 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. In order to open a Kasasa Saver account, accountholders must have a Kasasa Cash account, as the Kasasa Saver account is linked to the Kasasa Cash account. 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 are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $10,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $10,000, resulting in 0.75% - 0.30% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.01% APY. Limit one account per Social Security Number. Transfers between accounts do not count as qualifying transactions. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.