Kasasa Cash

Kasasa Cash

The Basics

What if there was a way to get free checking, really high dividends, plus refunds on ATM fees nationwide*? Thanks to Magnify Credit Union, there is. Sign up for free Kasasa Cash® and get more than free checking. Earn a high rate of interest and other rewards.

Kasasa Cash rates are so high they make Bruster's ice cream look low-cal. And there's no minimum balance requirement to qualify for your rewards, and no monthly service fees. Talk about a sweet deal!

View our current rates.

Qualifications

Meeting the qualifications is easy. In fact, you're probably doing most, if not all of these things already. To earn the higher dividend rate and refunds on ATM fees, simply do the following activities in your Kasasa Cash account each month:

  • Have at least 12 debit card purchases authorize and post to your account
  • Be enrolled to receive eStatement notice
  • Be enrolled and log into internet banking

That's all! And if for some reason you don't qualify one month, the account is still free and you still earn the base interest rate. You can get back to earning the full rewards the very next month.

Disclaimer

*APY=Annual Percentage Yield. APYs are accurate as of 07/01/2014. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. For Kasasa Cash, if qualifications are met each month: (1) balances up to $10,000 will earn 3.00% APY; and balances over $10,000 earn 0.25% APY on the portion of the balance over $10,000. Dividends are paid on the 1st business day of the next month; (2) domestic ATM fees incurred during the month will be refunded up to $20 ($4.99 per single transaction) and credited to the account on the 1st business day of the next month. If qualifications are not met on Kasasa Cash, all balances earn 0.05% APY. Debit card purchases must authorize and post to the Kasasa Cash account during the month. Debit card purchases may take one or more banking days from the date the transaction is authorized until the date the transaction posts to the account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning the first day of the month through the last day of the month (calendar month). The advertised Kasasa Cash APY is based on compounding dividends. Dividends and ATM refunds posted to the Kasasa Cash account are automatically transferred to the Kasasa Saver account on the 2nd business day of each month. Actual dividends paid may be less than the advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Limit one account per SSN. The ATM receipt must be presented in order to receive a refund of an individual ATM fee of $5.00 or higher.


*APY=Annual Percentage Yield. APYs are accurate as of 07/01/2014. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash. For Kasasa Cash, if qualifications are met each month: (1) balances up to $10,000 will earn 3.00% APY; and balances over $10,000 earn 0.25% APY on the portion of the balance over $10,000. Dividends are paid on the 1st business day of the next month; (2) domestic ATM fees incurred during the month will be refunded up to $20 ($4.99 per single transaction) and credited to the account on the 1st business day of the next month. If qualifications are not met on Kasasa Cash, all balances earn 0.05% APY. Debit card purchases must authorize and post to the Kasasa Cash account during the month. Debit card purchases may take one or more banking days from the date the transaction is authorized until the date the transaction posts to the account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning the first day of the month through the last day of the month (calendar month). The advertised Kasasa Cash APY is based on compounding dividends. Actual dividends paid may be less than the advertised Kasasa Cash APY. Limit one account per SSN. The ATM receipt must be presented in order to receive a refund of an individual ATM fee of $5.00 or higher.