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.
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.
All of our Checking Accounts include:
- $5 Initial Deposit
- No Minimum Balance to Earn Rewards
- No Monthly Maintenance Fee
- FREE VISA® Debit Card
- ATM Fee Refunds
- Unlimited Check Writing
- FREE Online Banking
- FREE Mobile Banking with Mobile Deposit
- FREE Direct Deposit
- FREE Bill Pay
- 24 Hour Telephone Teller
- Overdraft Protection
*APY = Annual Percentage Yield. APYs accurate as of the last dividend declaration date, 1/1/2025. When your Kasasa Cash - Green Tier account qualifications are met during a Monthly Qualification Cycle, (1) balances up to $15,000.00 receive APY of 2.25%; and balances over $15,000.00 earn 0.15% APY on the portion of balance over $15,000.00, resulting in a range from 0.15% to 2.25% APY depending on the account’s balance and (2) you will receive reimbursements up to an aggregate total of $25.00 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM withdrawal fees are not refunded. Dividends and ATM withdrawal fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle.
When your Kasasa Cash – Blue Tier account qualifications are met during a Monthly Qualification Cycle, (1) balances up to $25,000.00 receive APY of 4.50%; and balances over $25,000.00 earn 0.15% APY on the portion of balance over $25,000.00, resulting in a range from 0.15% to 4.50% APY depending on the account’s balance and (2) you will receive reimbursements up to an aggregate total of $25.00 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM withdrawal fees are not refunded. Dividends and ATM withdrawal fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle.
When linked to the Kasasa Saver account, the dividends earned within the Kasasa Cash or Kasasa Cash Back 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 or Kasasa Cash Back account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APY is accurate as of 1/1/2025. 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 and other requirements apply.
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 or transfers between accounts. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “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. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments and other requirements apply. $5.00 minimum deposit is required to open any Kasasa checking account. Monthly direct deposit/ACH credit and enrollment in electronic statements are conditions of this account. Limit 1 account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. Courtesy Pay is available after 90 days, if account is in good standing and if Opt-in form has been signed. Mobile banking is free; data and other wireless carrier charges may apply. Contact a Mutual 1st Federal representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa, Kasasa Cash, and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Our Members, Their Stories
The person that helped me today went above and beyond to get my account updated. Can't praise her enough. Mutual 1st Federal is the greatest. I have my account and car loans with them and will never change and have referred family members and friends. The credit union is "Awesome".