Free Kasasa Cash Checking

Convenience is the name of the game with free Kasasa Cash®, the only checking account that lets you score big rewards by banking the easy way. You can swipe your way to high-dividend glory every month by using your debit card more often and managing the most basic banking tasks online — the kind of moves that keeps costs down at your credit union too!

On top of that, you also get refunds on your ATM fees*, not just in and around New Jersey, but nationwide! Even if one month you don't meet the simple qualifications, your account is always free, and you still get the base dividend rate. There’s really no need to keep score — it’s a win-win for you and for us when you go with Kasasa Cash!

Summary
  • Free checking that pays high dividends
    • 0.60% APY* on balances up to $10,000
    • 0.60% to 0.15% APY on balances over $10,000, depending on balance in account*
    • 0.01% APY* if qualifications aren’t met
  • Refunds on ATM fees, nationwide (up to $7.50 monthly)*
  • Link to high-interest Kasasa Saver® account for automatic savings
  • No minimum balance to earn rewards
  • Never pay a monthly service fee
  • Free online banking & bill pay
  • Free eStatements
  • Free mobile banking
  • Free 24/7 telephone banking
  • Free Visa® debit card
  • Overdraft protection available
  • $25 minimum deposit to open
  • Federally insured by NCUA up to $250,000

Qualifications:

You'd think rewards this big would have difficult qualifications. But that's not the Raritan Bay way. To earn your rewards, simply do the following transactions and activities in Kasasa Cash each Monthly Qualification Cycle:

  • Have at least 10 signature-based debit card purchases post and settle
  • Be enrolled and receive monthly eStatement notice
  • Have at least one direct deposit or automatic payment (ACH) post and settle
  • Be enrolled and log into online banking

That's it. Odds are you're already qualifying without even trying. But if you miss one month, don't worry. The account is always free and you can get back to earning the premium rewards the very next month.

*Kasasa Cash: APY=Annual Percentage Yield. The Kasasa Cash® account, with or without the Kasasa SAVER® option, is a tiered rate account. The rate tiers are as follows: the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule applies to balances of $0.01 - $10,000.00 and the second Dividend Rate and Annual Percentage Yield listed for this account applies to balances over $10,000.00 if qualifications are met during the Monthly Qualification Cycle. Each rate will apply only to that portion of the account balance within each range. The third Dividend Rate and Annual Percentage Yield listed for this account applies to all balances if the qualifications are not met. All balances will earn 0.60% APY - 0.15% APY if qualifications are met. The disclosed Kasasa Cash® APY is based on compounding dividends. The dividends earned in Kasasa Cash® with SAVER are automatically transferred to Kasasa SAVER® each statement cycle and do not compound. The actual dividends paid may be less than the disclosed APY. The Kasasa SAVER® APYs may be less than the Kasasa Cash® APYs. If you have met your qualifications for the Monthly Qualification Cycle, we will reimburse you for domestic ATM fees (checking only) up to $7.50 per qualification cycle. ATM fee reimbursements will be credited to your account on the last business day of your statement cycle. ATM fees of $ 4.99 or less will be reimbursed up to a maximum of $4.99 per individual transaction. Individual ATM fees of $5.00 or higher will only be reimbursed if the appropriate ATM receipt is presented to a representative at one of our branches. If you believe that you have not been reimbursed the correct amount, please contact us. We must hear from you no later than 30 days after the statement cycle when the reimbursement was applicable. Note: ATM withdrawals do not count as qualifying debit card transactions for purposes of earning rewards within this account. The qualifications per Monthly Qualification Cycle are: 1) Have at least ten (10) signature-based debit card purchases post and settle. PIN based transactions do not count toward qualifying signature-based debit card purchases. When given the option, always choose, "Credit" to complete your purchase. Transactions may take one or more banking days from transaction date to post to an account. Debit card transactions processed by merchants and received by the Credit Union as ATM transactions do not count towards qualifying debit card transactions. Only debit card transactions processed by merchants and received by the Credit Union as POS transactions count towards qualifying debit card transactions. 1.) Have at least one (1) automatic payment or direct deposit post and settle. Intra-bank transfers do not count as qualifying transactions. 2.) Receive eStatements and eNotices. 3.) Be enrolled and log into online banking. For the Kasasa Cash® account, the Monthly Qualification Cycle is defined as a period beginning on the last business day of the prior month through the calendar day prior to the last business day of the current statement cycle. One (1) Kasasa Cash® account allowed per primary member's Social Security Number. This account is available to consumer/personal accountholders only. For Kasasa Cash® with SAVER, if qualified, the nationwide ATM fee refunds will post to Kasasa SAVER® on the last business day of the month. Kasasa Cash® with SAVER dividends will transfer to Kasasa SAVER® on the business day following the end of the statement cycle. Rates may change after account is opened. Fees may reduce earnings.

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