Rates

APY = Annual Percentage Yield. Rates effective as of January 19, 2016. Fees may reduce earnings.

Kasasa Cash*

Balance Minimum Required Opening Deposit Interest Rate APY
$0 - $25,000 $100 2.00% 2.02%
$15,000+ $100 0.50% 2.02% to 0.80%
All balances if qualifications not met $100 0.01% 0.01%

Rates and rewards are variable and may change after account is opened. The interest rate and annual percentage yield may change after opening the account.  Daily balance: the amount of principal in the account each day.

Qualifications

Earning the full rewards is so easy, you're probably already doing it! 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
  • Have at least 1 automatic payment (ACH) post and settle

If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.

NOW Account

Minimum Required Opening Deposit Minimum Balance to Obtain APY Interest Rate APY
$500 $5001 0.05% 0.05%

The interest rate and annual percentage yield may change after opening the account.

1Average daily balance: calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Gold Reserve Account

Tier Minimum Required Opening Deposit Minimum Balance to Obtain APY1 Interest Rate APY
$2,500.00-9,999 $2,500 $2,500
0.05% 0.05%
$10,000-49,999 $2,500 $10,000 0.10% 0.10%
$50,000 and up $2,500 $50,000 0.10% 0.10%

The interest rate and annual percentage yield may change after opening the account.

1Daily balance: the amount of the principal in the account each day.

Kasasa Saver*

Balance Interest Rate APY
0 - $100,000 1.00% 1.00%
$100,000+ 0.50% 1.00% - 0.75%
Qualifications not met 0.01% 0.01%

Rates and rewards are variable and may change after account is opened. The interest rate and annual percentage yield may change after opening the account.  Daily balance: the amount of principal in the account each day.

Qualifications

Qualifying for Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate too. Simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 10 debit card purchases that post and settle
  • Have at least 1 automatic payment (ACH) or bill payment post and settle
  • Be enrolled and receive e-statement

It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.

Regular Savings

Minimum Required Opening Deposit Minimum Balance to Obtain APY Interest Rate APY
$100 $1001 0.05% 0.05%

The interest rate and annual percentage yield may change after opening the account.

1Daily balance: the amount of the principal in the account each day.

Minor Savings

Minimum Required Opening Deposit Minimum Balance to Obtain APY Interest Rate APY
$10 $101 0.05% 0.05%

The interest rate and annual percentage yield may change after opening the account.

1Daily balance: the amount of the principal in the account each day.

Money Market Account

Tier Minimum Required Opening Deposit Minimum Balance to Obtain APY1 Interest Rate APY
$1,000-24,999 $1,000 $1,000 0.05% 0.05%
$25,000-99,999 $1,000 $25,000 0.15% 0.15%
$100,000 and up $1,000 $100,000 0.20% 0.20%

The interest rate and annual percentage yield may change after opening the account.

1Average daily balance: calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Certificates of Deposit (CDs)

Term of Certificate Minimum Required Opening Deposit Minimum Balance to Obtain APY Interest Rate APY
3 months $500 $500 0.10% 0.10%
6 months $500 $500 0.20% 0.20%
9 months $500 $500 0.20% 0.20%
12 months $500 $5001
0.35% 0.35%
18 months $500 $500 0.40% 0.40%
24 months $500 $500 0.50% 0.50%
36 months $500 $500 0.70% 0.70%
48 months $500 $500 0.80% 0.80%
60 months $500 $500 1.00% 1.00%

A penalty will be imposed for early withdrawal.

1Daily balance: the amount of the principal in the account each day.

Individual Retirement Accounts (IRAs)

Minimum Required Opening Deposit Minimum Balance to Obtain APY Interest Rate APY
$500 $1001 0.60% 0.60%

A penalty will be imposed for early withdrawal.

The interest rate and annual percentage yield may change after opening the account.

1Daily balance: the amount of the principal in the account each day.