On top of free checking, earn up to a really high 2.50% APY* with Free Kasasa Cash®. Simple banking basics — things you're probably already doing anyway — become your key to really high dividends.
Not only that, they also open the door to ATM fee refunds nationwide*. Even if one month you don't meet the simple qualifications, your account is always free, and it still receives our base dividend rate. So no matter what, you always come out ahead!
- 2.50% APY* on balances up to $10,000*
- 0.05% APY* if qualifications aren't met
- ATM fee refunds nationwide (up to $20 monthly)*
- Can link to high-interest Kasasa Saver® account
- No monthly service fee
- No minimum balance to earn rewards
- Unlimited check writing
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free E-Statements
- Free telephone banking
- Free Visa® debit card
- 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 E-Statement notice
- Be enrolled and log into online banking
It's as simple as that. If you don't qualify, don't worry. Your account is still free and still earns our base dividend rate. You can always get back to earning rewards the next cycle.
Mistakes happen and sometimes there are not enough funds in a checking account to cover all the debits. Protect yourself with our overdraft protection options.
*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 Atlantic Financial Federal Credit Union as ATM transactions; non-retail payment transactions; Online Bill Payment transactions; and purchases made with debit cards not issued by Atlantic Financial Federal Credit Union. 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 a period beginning the last business day of the month prior to the second to last business day of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) balances up to $10,000 receive APY of 2.50%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a range from 0.45% to 2.50% APY depending on the account's balance and (2) you will receive reimbursements up to an aggregate total of $20 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $5.00 or higher. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within thirty (30) calendar days of the withdrawal transaction. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM withdrawal fees are not refunded. Dividends and ATM withdrawal fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 06/01/2016. 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. Monthly enrollment in online banking and receipt of electronic statements are a condition of this account. 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 one (1) account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact an AFFCU representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.