KASASA CASH® CHECKING
Banking that is truly rewarding.
6.00%
APY* on balances up to and including
$25,000 when qualifications are met
0.05%
APY* on all balances when
qualifications are not met
A free checking account that pays 6.00% APY* on balances as much as $25,000 when qualifications are met.
Daily balances over $25,000 earn an interest rate of 0.50% on the portion of the daily balance over $25,000, resulting in a range from 6.00% to 1.60% APY* depending on the account's daily balance. 
- 0.05% APY* on all balances if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fee
- $50 minimum deposit to open
Qualifications to Earn Rewards with a Kasasa Cash Checking Account:
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 15 debit card purchases
- At least 1 direct deposit or ACH credit transaction
- Be enrolled in and agree to receive e-statements
And if you don’t meet these qualifications, don’t worry — your account is still free. Plus, you’ll still earn our base rate. And you can get right back to earning your full rewards the very next cycle that you qualify.
Open your Kasasa Cash account today!
Kasasa Cash Checking Account FAQs
What is the Kasasa Cash Checking Account?
A Kasasa Cash Checking Account is a rewards checking account focused on helping you earn a higher interest rate than you'll find in most traditional checking and savings accounts. This allows you to earn more on your balance while maintaining easy access to your money.
Is there a fee for the Kasasa Cash Checking Account?
Falcon National Bank's Kasasa Cash Checking Account is free with no monthly maintenance or minimum balance fees.
How do I earn the rate with my Kasasa Cash Checking Account?
Simply meet all the qualification guidelines during your Monthly Qualification Cycle.
What if I don't hit all the requirements for Kasasa Cash Back Checking?
If you fail to meet the Kasasa Cash qualification requirements for the month, you will still earn the base rate of 0.05% APY*. Your account is still free, even if qualifications aren't met. You can resume earning the higher rate if you meet all the qualifications during the next Monthly Qualification Cycle.
Is the interest I earn with the Kasasa Checking Account taxable?
Yes, the interest you earn with a Kasasa Cash Checking Account is generally considered taxable income, so you may need to report it on your tax return.
Learn about some other great Kasasa account options:
Kasasa Cash Back® Checking
A free checking account that pays cash back on debit card
purchases -- plus refunds on ATM withdrawal fees.
Kasasa Saver®
Link this free account to your Kasasa Cash or Kasasa Cash Back checking -- and build savings automatically while earning high interest.
*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. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle. See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000.00 in your Kasasa Cash account earn an interest rate of 5.841% resulting in an APY of 6.00%; and daily balances over $25,000.00 earn an interest rate of 0.499% on the portion of the daily balance over $25,000.00, resulting in a range from 6.00% to 1.60% 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. NOTE: ATM fee reimbursements only apply to Kasasa Cash or Kasasa Cash Back transactions via ATM; Kasasa Saver ATM transaction fees are not reimbursed nor refunded. When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Interest and ATM withdrawal fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 08/23/2023. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change 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.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, and other requirements apply. $50.00 minimum deposit is required to open the Kasasa Cash account. Limit of one account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our bank service representatives for additional information and details.