Let’s be honest, there aren’t a ton of checking accounts that would make you jump for joy. Actually, Kasasa® might be the only one. Free Kasasa Cash® checking pays you really high interest just for using the free services that come with your account. And you’ll even get refunds on ATM fees all over the country*, not just here in Acadiana. An account that actually makes you money — Kasasa is a no-brainer.
To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
No sweat! Even if you don’t meet your qualifications during the cycle, your Kasasa Cash account is free. Plus, you’ll still earn our base interest rate. And you can get right back to earning your full rewards the very next month!
(Your monthly qualifications must be met by this day in order to receive your rewards.)
*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 St. Martin Bank as ATM transactions and purchases made with non-St. Martin Bank issued debit cards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s): Kasasa Cash: (1) Balances up to $10,000 receive APY of 3.01%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a range from 3.01% to 0.25% APY depending on the account's balance and Kasasa Saver: (2) Balances up to $50,000 receive APY of 1.01% and balances over $50,000 earn 0.25% interest rate on the portion of balance over $50,000, resulting in a range from 1.01% to 0.50% APY depending on the account's balance. ATM Fee Reimbursements: You will receive reimbursements up to $12.50 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash qualifications are not met ATM fees are not refunded and all balances in your Kasasa Cash account and in your Kasasa Saver account earn 0.05% APY. The interest earned in your Kasasa Cash account is automatically transferred to your Kasasa Saver account. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of Statement Cycle and then automatically transferred to your Kasasa Saver account on the following day. 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. Consequently, when linked to Kasasa Saver, and your Kasasa Cash qualifications are met, balances up to $10,000 in your Kasasa Cash account receive a non-compounding APY of 2.969%; and balances over $10,000 earn 0.25% interest rate on the portion of the balance over $10,000, resulting in a non-compounding range from 2.969% to 0.25% APY depending on the account's balance. When your Kasasa Cash qualifications are not met, all balances in the Kasasa Cash account earn a non-compounding APY of 0.05%. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. APY = Annual Percentage Yield. APYs accurate as of 6/23/2015. APY calculations are based on an assumed total account balance of the cap plus $100,000. Kasasa Saver cap effective as of 10/13/2015. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Rewards may vary by account. $50 minimum deposit is required to open the account. Monthly direct deposit or third-party ACH automated debit, enrollment in online banking, receipt of electronic statements, and 10 debit card transactions posted and settled are conditions of the Kasasa Cash 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. Corporations, partnerships, and non-profit organizations are not eligible. There are no recurring monthly service charges or fees to open this account. If the account remains at a zero balance for more than five business days, it will automatically close. For additional fees that may affect this account, see the standard fee schedule disclosed separately. Comparison Source: Interest Checking, FDIC website http://www.fdic.gov/regulations/resources/rates/. Contact a St. Martin Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Kasasa, Kasasa Cash, and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A. Member FDIC