Free Kasasa Cash Checking
There’s free checking — and then there’s free checking that pays! Get the latter when you open a Kasasa Cash® checking account. You’ll earn a really high 3.00% APY* just for doing a few banking basics every month, like using your debit card.
You’ll also get up to $25 in nationwide ATM fee refunds* each month. So whether you’re out here in the Berkshires, venturing into New York City, or traveling cross-country, you’ll have easy access to your cash.
- Free checking that pays really high interest
- 3.00% APY* on balances $0.01 up to $15,000
- 3.00% to 0.50% APY on balances over $15,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Refunds on ATM fees, nationwide (up to $25 monthly)*
- Link to high-interest Kasasa Saver® account
- No monthly service fee
- No minimum balance to earn rewards
- Free online services, including:
- Online banking and bill pay
- Mobile banking
- Free MasterCard® rewards debit card
- Overdraft programs available
- Kasasa Protect™ available at an exclusive price
- Unlimited check writing
- $25 minimum deposit to open
It’s So Easy to Earn Your Rewards!
Use account freebies, like your debit card and eStatement services, to cash in on rewards! To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or automatic payment (ACH) post and settle
- Have at least 12 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
It’s really that simple! But if you don’t qualify one month, don’t worry — your Kasasa Cash account is still free and will still earn our base rate of interest. And you can get back to earning your full rewards the very next month!
*APY=Annual Percentage Yield. APYs are accurate as of 1/16/2020. Rates may change after account is opened. 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 purchase processed by merchants and received by Lee Bank as ATM or PIN based transactions and purchases made with non-Lee Bank issued debit cards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) 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 $0.01 up to $15,000 receive an APY of 3.00%, and balances over $15,000 earn .50% APY on the portion of balances over $15,000, resulting in a range from 3.00%- 0.50% APY depending on the account's balance and (2) you will receive reimbursements up to $25 ($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 for reimbursements of individual ATM fees of $5.00 or higher.
When Kasasa Cash qualifications are not met, all balances in the account earn .05% APY and ATM fees are not refunded.
Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the statement cycle. Rates and rewards are variable and may change after the account is opened. Fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. $25 minimum deposit is required to open the account. Monthly direct deposit or ACH credit/debit and 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 account per social security number per household. There are no recurring monthly service charges or fees to open or close this account. Contact a Lee Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Kasasa & Kasasa Cash are trademarks of BancVue Ltd., registered in the U.S.A.