Free Kasasa Cash Checking
Free checking that pays — it's a real thing at The Home Loan Savings Bank! Free Kasasa Cash® earns up to a high 2.02% APY* on your balance each month.
Plus, you'll get refunds on your ATM fees, nationwide.* Connect Kasasa Cash to a free Kasasa Saver® to grow your savings automatically. Do you Kasasa?®
- 2.02% APY* on balances up to $25,000
- 2.02% to 0.47% 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)*
- Can link to high-interest Kasasa Saver account
- No minimum balance to earn rewards
- No monthly service fee
- Free online banking & bill pay
- Free mobile banking
- Free eStatements
- Free MasterCard® debit card
- Unlimited check writing
- $50 minimum deposit to open
It's Easy to Get Your Rewards
Just meet some simple qualifications — they're basic banking activities you're probably doing anyway. 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 in eStatements
- Access online banking at least one time a month
That's all! And even if you don't meet your qualifications during the month, your Kasasa Cash account is still free. Plus, you'll earn our base rate of interest — and you can get right back to earning your full rewards the following month.
*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 our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. 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 one (1) business day prior to the first day of the current statement cycle through one (1)business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) balances up to $25,000 receive APY of 2.02%; and balances over $25,000 earn 0.25% interest rate on the portion of balance over $25,000, resulting in a range from 2.02% to 0.47% 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 sixty (60) 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. Interest 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 08/18/2014. 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, receipt of electronic statements are conditions 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 1 accounts per social security number / individual taxpayer identification number. There are no recurring monthly service charges or fees to open or close this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.