Experience the power of Kasasa Cash and earn up to 2.50% APY* with no monthly service fee or minimum balance to earn rewards.
Kasasa Cash is a free checking account that also includes domestic ATM fee refunds*. After all, it’s your cash so you should benefit the most from it. Kasasa – giving you the most for your money!
- 2.50% APY* on balances up to $10,000 when qualifications are met
- Ranging from 2.50% to 0.68% APY on balances over $10,000 depending on the balance in the account*
- 0.10% APY* if qualifications are not met
- Domestic ATM fee refunds (up to $20 total per month – $4.99 per single transaction)
- No minimum balance to earn rewards
- Free online banking
- Overdraft courtesy, protection and privilege available
- Optional identity theft protection
- Same-Day ACH Debits
To receive 2.50% APY* on balances up to $10,000 simply do the following each monthly qualification cycle:
- Have at least 10 debit card purchases post and settle
- Have at least one automatic payment (ACH) or direct deposit post and settle
- Be enrolled and receive eStatement notice
If you miss a monthly qualification cycle, don’t worry!
You will still enjoy free checking and there’s no penalty for not qualifying in a given monthly qualification cycle. Plus you get a base 0.10% APY* and you get right back to earning higher interest and enjoying ATM refunds the next cycle you qualify. Kasasa Cash still offers the same great benefits as free checking.
*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. Click here to view a calendar of our Monthly Qualification Cycle. 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 Natco Credit Union as ATM or PIN-based, signature based transactions and purchases made with non-Natco Credit Union issued debit cards. “Monthly Qualification Cycle” means the current statement cycle. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s): Kasasa Cash: (1) Balances up to $10,000 receive APY* of 2.50%; and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a range from 2.50% to 0.68% APY depending on the account’s balance and Kasasa Saver: (2) Balances up to $10,000 receive APY of 1.00% and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a range from 1.00% to 0.50% APY depending on the account’s balance. ATM Fee Reimbursements: You will receive reimbursements up to $20 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash qualifications are not met ATM fees are not refunded and all balances in your Kasasa Cash account and in your Kasasa Saver account earn 0.10% APY* and 0.10% APY respectfully. The interest earned in your Kasasa Cash account is automatically transferred to your Kasasa Saver account. Dividends and ATM fee reimbursements will be credited to your Kasasa Cash account on the first day of the following Statement Cycle and then automatically transferred to your Kasasa Saver account no later than the second business day. *When linked to the Kasasa Saver account, the dividend earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Consequently, when linked to Kasasa Saver, and your Kasasa Cash qualifications are met, balances up to $10,000 in your Kasasa Cash account receive a non-compounding APY of 2.50%; and balances over $10,000 earn 0.50% interest rate on the portion of the balance over $10,000, resulting in a non-compounding range from 2.50% to 0.68% APY depending on the account’s balance. When your Kasasa Cash qualifications are not met, all balances in the Kasasa Cash account earn a non-compounding APY of 0.10%. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. APY = Annual Percentage Yield. APYs accurate as of 01/01/18. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Rewards may vary by account. Monthly Direct Deposit/ACH credit, receipt of electronic statements may be a condition(s) 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. A Kasasa Cash account is required in order to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings, otherwise monthly dividends from your Kasasa Cash will remain in the Kasasa Cash. There are no recurring monthly service charges or fees to open or close this account. Comparison Source: Interest Checking, FDIC 01/01/18 http://www.fdic.gov/regulations/resources/rates/. Contact a Natco Credit Union service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA.