*APY = Annual Percentage Yield. APYs accurate as of 03/22/2018.
*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 Bank2 as ATM transactions and purchases made with any debit card issued by someone other than Bank2. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business 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 less than $100,000.00 receive an APY* of 0.50%; and balances equal to or great than $100,000.000 earn 0.26% APY* on the portion of balances greater than $100,000.00, resulting in a range from 0.50% to 0.38% APY* depending on the account’s balance.
Kasasa Cash: Balances up to $100,000.00 receive a non-compounding APY* of 0.50%; and balances over $100,000.00 earn 0.26% APY* on the portion of balance over $100,000.00, resulting in a non-compounding range from 0.50% to 0.38% APY* depending on the account’s balance.
Kasasa Cash Back: 2.00% cash back on up to a total of $500.00 PIN-based, signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle.
When Kasasa Cash Checking and Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.10% APY*. Kasasa Cash: All balances earn a non-compounding APY* of 0.10%. Kasasa Cash Back: No cash back payments are made.
When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one 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. Rates and rewards are variable and may change after account is opened at our discretion.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-on and other requirements apply. $100.00 minimum deposit is required to open the account. Enrollment in free-internet banking and electronic statements is a condition of the account. This account is limited to personal or sole-proprietorships; no corporations, limited liability companies, partnerships or similar entities. Limit 2 account(s) per customer and/or household. 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 maintenance charges or fees to maintain the account; however, a dormant account fee of $25.00 per month will be charged after 6 months of inactivity. Fees may reduce earnings. Contact one of our Bank2 personal bankers for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.