When we find ways to lower costs, we’re all about sharing those savings with our members. (When’s the last time a megabank did that?) Kasasa accounts are designed with cost-saving actions built-in — so accountholders can benefit by earning significant cash rewards every month!
Kasasa Cash is a free checking account that earns high dividends on your balance, plus refunds on ATM withdrawal fees.* Each cycle, just do a few easy banking activities (called “qualifications”) that you probably already do anyway. Take a look below to see how easy it is!
- Free checking that pays a really high rate
- 2.00% APY* on balances up to $10,000
- 2.00% to 0.41% APY on balances over $10,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- Both earned dividend rewards and ATM refunds can be swept to a Kasasa Saver account
- No monthly maintenance fee
- No minimum balance requirements
- Unlimited monthly transactions
- Free online banking & bill pay
- Free mobile banking
- Free person-to-person (P2P) payments
- Free e-statements
- Free telephone banking
- Free Visa® debit card
- Nationwide surcharge-free ATMs and thousands of shared branch locations via the CO-OP Network
- Overdraft protection available
- $25 minimum deposit to open
- Federally insured by NCUA
Fill out our easy online form to ensure you have full overdraft protection on everyday debit card purchases and ATM withdrawals.
Qualifying is Easy
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- At least 12 debit card purchases, each greater than $3.99
- At least 1 direct deposit, ACH credit, or ACH payment transaction
- Be enrolled to receive e-statements
And if you don’t meet these qualifications, don’t worry — your account is still free and you can still earn the base rate. Plus, you can get right back to earning your full rewards the very next cycle that you qualify.
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.
"Monthly Qualification Cycle" means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.
See our website www.mountaincrestcu.com for specific Monthly Qualification Cycle dates.
When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $10,000 in your Kasasa Cash account earn a dividend rate of 1.981% resulting in an APY of 2.00%; and daily balances over $10,000 earn a dividend rate of 0.249% on the portion of the daily balance over $10,000, resulting in a range from 2.00% to 0.41% APY depending on the account's daily balance.
You will receive reimbursements up to an aggregate total of $25.00 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 0.049% resulting in an annual percentage yield of 0.05% 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 10/01/20.
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.
Membership restrictions may apply.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
$25.00 minimum deposit is required to open the account.
There are no recurring monthly maintenance charges or fees to open or close this account.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Federally insured by NCUA. Your Savings Insured To $250,000 per account ownership.
Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.