This free, high-interest checking account rewards you with 3.75% APY*, plus up to $25 in ATM fee refunds, nationwide*, all just for doing a few simple banking activities each month.
Even if you don't meet the qualifications, your account is still free! And for automatic savings, you can attach it to Kasasa Saver®, a free savings account that also earns a high rate!
- 3.75% APY* on balances up to $15,000
- 3.75% to 0.71% APY on balances over $15,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Up to $25 in ATM fee refunds nationwide*
- No monthly service fee
- No minimum balance to earn rewards
- Link to Kasasa Saver for automatic savings
- Free online banking and bill pay
- Free Mobile Money (mobile banking)
- Free eStatements
- Free Visa® debit card
- Unlimited check writing
- No minimum deposit to open
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
- Be enrolled and log into online banking
That's it. And even if you don't qualify, there's still no monthly service fee and you still earn interest at the base rate. Plus you can get back to earning the huge rewards the very next monthly qualification cycle!
*APY=Annual Percentage Yield. APYs accurate as of 1/1/18. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 3.75%; and (3) balances over $15,000 earn 0.25% dividend rate on the portion of the balance over $15,000, resulting in 3.75% - 0.71% 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 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. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. ATM Transactions performed in the Kasasa Saver Account are not eligible for reimbursements. Limit one account per SSN.
Qualification Information: 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 credit union as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our credit union. "Monthly Qualification Cycle" means the current statement cycle.
Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $15,000 receive an APY* of 3.75%; and balances over $15,000 earn 0.25% interest rate on the portion of balance over $15,000, resulting in a range from 3.75% to 0.71% APY* depending on the account's balance and (2) you will receive reimbursements up to $25 ($5.00 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the second business day following the statement cycle and interest will be effective dated to the 1st day of the current month. APYs accurate as of 1/1/18. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons) are required to meet some of the account's qualifications. Limit 1 account per social security. There are no recurring monthly service charges or fees to open or close this account. Contact one of our credit union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. MCCU is federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.
*APY = Annual Percentage Yield