*Monthly Qualification Cycle: the monthly qualification cycle is not the same as the statement cycle. To learn more about the applicable dates for upcoming monthly qualification cycles, please click the link below:
**Qualification Information: Account transactions and activities may take one (1) 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 credit union as ATM transactions; and PIN-based transactions, signature based transactions, non-retail payment transactions, and purchases made with debit cards not issued by our credit union. “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® or Kasasa Cash Back® account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver®: Balances up to $20,000 receive APY of 2.00%; and balances over $20,000 earn 0.15% dividend rate on the portion of balance over $20,000, resulting in a range from 2.00% to 0.46% APY depending on the account’s balance. Kasasa Cash®: Balances up to $10,000 receive a non-compounding APY* of 4.00%; and balances over $10,000 earn 0.15% dividend rate on the portion of balance over $10,000, resulting in a non-compounding range from 4.00 to 0.79% APY* depending on the account’s balance. Kasasa Cash Back®: Reward Level 1-3.00% cash back on up to a total of $300.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back may be earned per Monthly Qualification Cycle. Reward Level 2-5.00% cash back on up to a total of $500.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $25.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash® or Cash Back® qualifications are not met, Kasasa Saver®: All balances earn 0.03% APY. Kasasa Cash®: All balances earn a non-compounding APY* of 0.03%. Kasasa Cash Back®: No cash back payments are made. *When linked to the Kasasa Saver® account, the dividends earned within the Kasasa Cash® account does not compound since it is automatically transferred to the Kasasa Saver® account within one (1) day. This automatic transfer may cause an overdraft to your Kasasa Cash® account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 01/01/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Additional Information: Account approval, qualifications, limits, timeframes, enrollments, and other requirements apply. A $5 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements) may be required to meet some of the account’s qualifications. Limit one (1) primary account per social security number. A Kasasa Cash® or Kasasa Cash Back® account is required to have a Kasasa Saver® account. A linked Kasasa Saver® account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our credit union representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Membership eligibility required. Kasasa®, Kasasa Cash®, Kasasa Cash Back® and Kasasa Saver® are trademarks of Kasasa, Ltd., registered in the U.S.A.