Free Kasasa Cash® Checking

Personal Banking  /  Checking Accounts  /  Free Kasasa Cash® Checking

More Than Just Free Checking

Kasasa Cash® is more than just free checking—it’s FREE checking that rewards you in ways that matter. Each month with Kasasa Cash, you’ll earn high dividends and refunds on your ATM fees. Connect Kasasa Cash to a free Kasasa Saver® account to start building your savings automatically. Now you can expect more from your free checking account!


  • Linked to high-interest Kasasa Saver account
  • No minimum balance to earn rewards
  • No monthly service fee
  • 1.50% APY on balances up to $25,000
  • 1.50% to 0.50% APY on balances over $25,000 (depending on balance in account)
  • 0.05% APY (if qualifications aren’t met)
  • Refunds on ATM fees, nationwide (up to $20 monthly)
  • $5 minimum deposit to open


  • FREE checking account that earns high dividends
  • FREE VISA® debit card
  • FREE direct deposit
  • FREE online banking with Bill Pay
  • FREE e-statements
  • Unlimited check writing

It’s So Easy to Earn Rewards

Just complete a few banking basics that you’re probably already doing (we call it “meeting your qualifications”). To earn your rewards, do the following in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Post and settle at least 12 debit card purchases
  • Be enrolled in and log into online banking at least once per month
  • Be enrolled in and receive e-statement notices

2024 Rewards* Qualification Cycles for Kasasa Checking Products

Month Start Date End Date Statement Date
January 12/29/2023 1/30/2024 1/31/2024
February 1/31/2024 2/28/2024 2/29/2024
March 2/29/2024 3/28/2024 3/31/2024
April 3/29/2024 4/29/2024 4/30/2024
May 04/30/2024 5/30/2024 5/31/2024
June 5/31/2024 6/27/2024 6/30/2024
July 6/28/2024 7/30/2024 7/31/2024
August 7/31/2024 8/29/2024 8/31/2024
September 8/30/2024 9/27/2024 9/30/2024
October 9/28/2024 10/30/2024 10/31/2024
November 10/31/2024 11/27/2024 11/30/2024
December 11/28/2024 12/30/2024 12/31/2024

*POS transactions must POST by the last day of the qualification cycle to be included in that month’s qualification grouping. Please note that some transactions may take up to 3 days from the transaction date to post to members’ accounts.

That’s it! Even if you don’t meet your qualifications in a month, you still have a free checking account. Plus, you’ll earn our base dividend rate—and you can get right back to earning your full rewards the following month!

APY=Annual Percentage Yield. APYs accurate as of 07/01/2022. Rates may change after account is opened. Minimum to open is $5 for Kasasa Cash and $5 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 $25,000 receive APY of 1.50%; and (3) balances over $25,000 earn 0.25% interest rate on the portion of the balance over $25,000, resulting in 1.50%-0.50% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Qualifying transactions must post and settle to the Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post and settle to the 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. The advertised Kasasa Cash APY is based on compounding interest. 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 $50,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $50,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $50,000, resulting in 0.75% – 0.42% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Limit one account per SSN.