To earn your rewards just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 12 PIN-based, signature-based debit card purchases, post and settle
- Be enrolled in and agree to receive e-statements
- Be enrolled in and log into online banking
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 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 current statement cycle.
Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Balances up to $10,000 receive an APY of 3.00%; and balances over $10,000 earn an interest rate of 0.2996% on the portion of balance over $10,000 resulting in a range from 3.00% to 0.55% APY depending on the account’s balance. When Kasasa Cash qualifications are not met, the interest rate paid on the entire balance will be 0.0300% with an annual percentage yield of 0.03% and ATM fees are not refunded. Rates and rewards are variable and may change after account is opened.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A $50 minimum deposit is required to open the account. Enrollment in online banking, receipt of electronic statements, minimum debit card transactions that post and settle are conditions of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons) may be required to meet some of the account’s qualifications. Limit 1 account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.