Kasasa Cash

Kasasa Cash

Having you as a customer is important to us, and we want to give you the best banking experience we can. That's why we offer free Kasasa Cash® checking -- free checking that rewards you in ways that matter.


Earn up to 2.00% APY* each month. Plus, get refunds on your ATM fees from any ATM you use in the United States*. Make saving easy by connecting your account to a free Kasasa Saver®. That's Kasasa® at Carolina Premier Bank -- a better way to bank that puts you first.


Summary
  • Free checking that rewards you in cash monthly
  • 2.00% APY* on balances up to $25,000
  • 0.25% to 2.00% APY* on balances over $25,000 depending on balance in account*
  • 0.05% APY* if qualifications aren't met
  • Refunds on ATM fees, nationwide (up to $3.00 per transaction, up to $10 per month)*
  • Can link to high-interest Kasasa Saver account
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free MasterCard® debit card
  • Free online banking with bill pay
  • Free e-delivery of monthly statements
  • Unlimited check writing and debit card use
  • $200 minimum deposit to open

It's easy to earn your rewards.

Do a few banking basics that you're probably already doing (we call them "qualifications"). To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Have at least 1 ACH direct deposit post and settle
  • Have at least 12 debit card purchases post and settle
  • Enroll in and receive monthly e-Statements

That's really it. And don't worry -- even if you don't meet your qualifications during the cycle, your account is free. Plus, you'll still earn our base interest rate. And you can get right back to earning your full Kasasa Cash rewards the very next cycle.




Qualifications Information: To earn your rewards just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

• Have at least 1 ACH direct deposit post and settle;

• Have at least 12 debit card purchases post and settle; and,

• Be enrolled in and agree to receive e-statements

*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 bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. "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 account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $25,000 receive an Annual Percentage Yield (APY) of 2.00%; and balances over $25,000 earn 0.249% interest rate on the portion of balance over $25,000, resulting in a range from 2.00% to 0.25% APY depending on the account's balance and (2) you will receive reimbursements up to $10 ($3.00 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle. If you maintain a Kasasa Saver account with your Kasasa Cash account, the interest credited each month to your Kasasa Cash account will automatically transfer to your linked Kasasa Saver account on the first business day after your interest is credited. A linked account is the account reflected on your combined statement and must have identical titling. APYs accurate as of September 15, 2015. 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. $200 minimum deposit is required to open the account. Monthly Direct Deposit, debit card transactions, and receipt of electronic statements are qualifications for this account. 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. There are no recurring monthly service charges or fees to open or close this account. Contact one of our customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa Kasasa Cash, Kasasa Cash with Saver, and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.