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 5.00% 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 up to $25 of your ATM withdrawal fees, nationwide each month.* So whether you’re here in Michigan or snowbirding down south, every ATM is your ATM.

Summary
  • Free checking that pays high dividends
    • 5.00% APY* on balances up to $5000
    • 5.00% to 0.61% APY on balances over $5000, depending on balance in account*
    • 0.01% APY* if qualifications aren’t met
  • Up to $25 refunds on ATM withdrawal fees, nationwide (up to $4.99 per transaction)*
  • 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. 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) day prior to the first day of the current statement cycle through one (1) day prior to the last day of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $5000 in your Kasasa Cash account earn a dividend rate of 4.98% resulting in an APY of 5.00%; and daily balances over $5000 earn a dividend rate of .39% on the portion of the daily balance over $5000, resulting in a range from 5.00% to .61% APY depending on the account's daily balance. You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal 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 your Kasasa Cash qualifications are not met, the dividend rate earned on the account's entire daily balance will be .01% resulting in an annual percentage yield of .01 APY and ATM withdrawal fees are not refunded. Dividends will be credited to your Kasasa Cash account on the last day of the current statement cycle. Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 07/01/2018. APY calculations are based on an assumed balance of $5000+ $100,000 in your Kasasa Cash account and an assumed statement cycle of thirty-one (31) days. Balance computation methodology varies by account's qualifying status. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. Additional Information: Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Enrollment in online banking is a condition of this account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of 1 account(s) per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. Contact one of our credit union service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.