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Free Kasasa Cash Checking

Get more from your checking

No fees, no frills—start earning up to 2.75% APY* on your balance today.

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  • Straightforward checking with great perks

    High dividends, ATM fee refunds, and no monthly fee. What’s not to love?

    With high dividends and refunds on ATM fees, the Free Kasasa Checking Account is the perfect account to grow your balance and start earning more. Plus, you’ll have easy access to your money with plenty of free services and our nationwide ATM network.

    • No monthly service fees or minimum balance required
    • Unlimited check writing
    • Tiered interest rates help boost your balance
    • Refunds on ATM fees nationwide (up to $10 per monthly qualification cycle)*
    • Can easily be linked to any MagFed savings account
  • Rates

    Rates

    Kasasa Cash Rates

    Balance Dividend RateAPY
    Balances up to $10,000 2.716% 2.75%
    Balances over $10,000 0.010% 2.75% to 0.34%
    All balances if qualifications aren't met 0.010% 0.01%

    To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

    -Have at least 10 debit card purchases post and settle
    -Have at least one direct deposit, ACH credit, or ACH debit post and settle
    -Be enrolled in and agree to receive eStatements

    APY = Annual Percentage Yield

  • Frequently Asked Questions

    How do I qualify to earn rewards?
    Earning rewards is easy. During each monthly transaction cycle, simply:
    • Have at least 10 debit card purchases post and settle
    • Have at least 1 direct deposit or automatic payment (ACH Debit or Credit) post and settle
    • Receive monthly eStatements

    HELP

    For more information or if you have a question, please get in touch with us.

    Contact Us

Enjoy your dividends

Sign up for free checking today to start earning excellent dividends.

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*APY=Annual Percentage Yield. APYs accurate as of 01/01/16. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $10 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive 2.75% APY; and (3) balances over $10,000 earn 0.01% interest rate on portion of balance over $10,000, resulting in 2.75% – 0.34% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. “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 dividends. Dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual dividend amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Transfers between accounts do not count as qualifying transactions. ATM-processed transactions do not count towards qualifying debit card transactions. Limit one account per SSN. Commercial accounts may not participate in this program. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.