APY = Annual Percentage Yield. Rates effective as of 5/18/2023. Fees may reduce earnings.

Kasasa Cash* Learn More

Level 1 Balance Minimum Opening Deposit Rate APY
0 - $50,000 $100 1.98% 2.00%
$50,000+ $100 0.25% 0.83% to 2.00%
All balances if qualifications not met $100 0.05% 0.05%
Level 2 Balance Minimum Opening Deposit Rate APY
0 - $50,000 $100 3.93% 4.00%
$50,000+ $100 0.25% 1.50% to 4.00%
All balances if qualifications not met $100 0.05% 0.05%

Qualifications

Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:

LEVEL 1:

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking/mobile app at least one time

LEVEL 2:

  • At least 20 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking/mobile app at least one time

If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.

Kasasa Saver* Learn More

Balance Minimum Opening Deposit Rate APY
0 - $150,000 $100 1.49% 1.50%
$150,000+ $100 0.25% 0.88% to 1.00%
All balances if qualifications not met $100 0.05% 0.05%

Qualifications

Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking/mobile app at least one time

It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.