Free Kasasa Cash Checking

What's better than free checking? Free checking that pays you, regardless of your minimum balance! Kasasa Cash® checking pays up to 2.25% APY* on your balance every month — just for doing banking basics you probably already do. In addition to high dividends, free online banking, and a free debit card, we'll refund your ATM withdrawal fees, nationwide.* So whether you’re here in Michigan or snowbirding down south, every ATM is your ATM.

  • Free checking that pays high dividends
    • 2.25% APY* on balances up to $25,000
    • 2.25% to 0.77% APY on balances over $25,000, depending on balance in account*
    • 0.01% APY* if qualifications aren’t met
  • Refunds on ATM withdrawal fees, nationwide (up to $4.99 per transaction)*
  • Link to free Kasasa Saver® to build savings automatically
  • No minimum balance to earn rewards
  • Never pay a monthly service fee
  • Free online banking & bill pay
  • Free eStatements
  • Free mobile banking with mobile deposit
  • Free MasterCard® debit card
  • Unlimited check writing
  • No minimum deposit to open

It’s easy to earn your rewards!

It's so easy to qualify — 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 in and agree to receive eStatements
  • Be enrolled in and log into online banking

And if you don't meet these qualifications, don't worry. Your account is still free. Plus, you'll still earn our base dividend rate. And you can get right back to earning your full rewards the very next cycle that you qualify.

Qualification Calendar

Download the 2018 Qualification Calendar to see when you'll receive your rewards and ATM fee refunds!

Will this account be added to an existing Chief Financial Credit Union account?

*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 credit union as ATM 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 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: (1) Kasasa Cash: Balances up to $25,000.01 receive a non-compounding APY* of 2.25%; and balances over $25,000.01 earn .39% interest rate on the portion of balance over $25,000.00, resulting in a non-compounding range from 2.25% to .77% APY* depending on the account’s balance; (2) Kasasa Saver: Balances up to $50,000.00 receive APY of 1.00% and balances over $50,000.01 earn .39% interest rate on the portion of balance over $50,000.00, resulting in a range from 1.00% to .60% APY depending on the account’s balance and (3) ATM Fee Reimbursements: In addition, you will receive unlimited reimbursements for nationwide ATM fees up to $4.99 per single transaction incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash qualifications are not met ATM fees are not refunded and all balances in your Kasasa Cash account earn a non-compounding APY of .01%, all balances in your Kasasa Saver account earn .01% APY and the dividends earned in your Kasasa Cash account are automatically transferred to your Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your linked Kasasa Cash account, if the account’s balance is less than the transferred amount when transfer occurs. *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. APY = Annual Percentage Yield. APYs accurate as of 05/01/2016. 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. Rewards may vary by account. No minimum deposit is required to open the account. Monthly enrollment in online banking, receipt of electronic statements and 12 qualifying debit card post and settled transactions are conditions of these accounts. 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. A Kasasa Cash 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. Comparison Source: Interest Checking, FDIC 05/01/16 Contact one of our credit union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Chief Financial is federally insured by the NCUA. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.