Free Kasasa Cash Checking
Earn high interest with our free Kasasa Cash® checking account.* You'll also get withdrawal fee refunds from ATMs all across the country* — so you can travel far and wide without worrying about where to get cash. All it takes to earn these rewards are a few easy banking basics that you probably do anyway, like using your debit card. Start earning today with just a $100 minimum deposit.
- Free checking that pays high interest
- 5.00% APY, 4.89% interest rate on balances up to $10,000
- 5.00% to 1.36% APY, with an interest rate of 1.00% on balances over $10,000 depending on balance in account*
- 0.01% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly/(Maximum $3 per transaction)*
- Link to Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fee
- Free online banking
- Free eStatements (required to maintain account)
- Free mobile banking with mobile deposit
- Free MasterCard® debit card
- Unlimited check writing
- $100 minimum deposit to open
- Bill Pay**
Easy Banking Basics to Reap Your Rewards
Earning your rewards is simple and requires no more than using the free services that come with your account. To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and log into online banking
That's it. Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still 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!
Receipt of electronic statements is a condition of this account. Enrollment in electronic services (e.g. online banking), receipt of electronic statements and monthly log-ons are required, and can be satisfied by enrolling at harvestbankmn.com.
Limit 1 account per social security number / individual taxpayer identification number.
If you do not meet rewards qualifications in three consecutive months, the Bank may convert your account at its discretion to whatever basic checking account we are offering at that time. We will give you 30 days’ notice prior to converting your account.
Rewards are defined as: (a) Interest paid on balances based on the tiered APYs as described above. And; (b) reimbursements up to an aggregate total of $25.00 (max. $3.00 per single transaction) for ATM withdrawal fees imposed by other financial institutions and incurred in the United States during the Monthly Qualification Cycle in which you satisfied Qualification Requirements.
Important information about rewards. When linked with a Kasasa Saver account, Kasasa rewards including: interest earned and ATM fee refunds will be automatically transferred to the Kasasa Saver account within one day of crediting, and may negate the compounding effects on your APY. This transfer may bring your account balance negative, but you will not be charged an overdraft fee.
To qualify for Kasasa Cash Rewards, you must access Online Banking at least one time during the monthly qualification cycle and 12 Point of Sale debit card transactions must post and settle during the monthly qualification cycle. 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 towards the 12 Point of Sale debit card transactions: 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. 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. Statement Cycles cut on the 2nd Wednesday of the month. The Qualifying Monthly Cycle during which the account requirements must be met starts on the 2nd Wednesday of the month and end the Tuesday before the 2nd Wednesday of the next month. For example the November 2020 to December 2020 Qualifying Monthly Cycle is going to start on November 11th and goes until December 8th.
An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $5.00 or higher. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within thirty (30) calendar days of the withdrawal transaction. When Kasasa Cash qualifications are not met, all balances in the account earn 0.01% APY and ATM withdrawal fees are not refunded. Interest earned and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of current statement cycle. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings and rates are accurate as of 05/11/2023. APY stands for Annual Percentage Yield.
**$5 monthly fee for Bill Pay when customer does not have at least one Bill Pay transaction in the statement cycle.