2.00% APY1On Balances Up to $10,000 Kasasa Cash® |
3% Cash Back2Earn up to $7.50 cash back per month Kasasa Cash Back® |
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| Monthly Reward when Qualifications are met: |
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|
| Interest Earned when Qualifications are NOT met: |
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NONE |
| ATM Fee Refunds when Qualifications are met: |
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| ATM Fee Refunds when Qualifications are NOT met: | NONE | NONE |
| YES | YES | |
| YES | YES | |
| YES | YES | |
| YES | YES | |
| YES | YES | |
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Minimum Balance |
NO | NO |
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Monthly Service Charge |
NO | NO |
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Minimum Opening Deposit |
$100 | $100 |
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Kasasa Cash® |
Kasasa Cash Back® |
Whichever Kasasa checking account you choose, earning your full monthly rewards is easy. All you have to do to qualify are a few simple tasks that make banking easier. To earn your rewards, simply do the following on your Kasasa checking account each monthly qualification cycle:.
That’s it!
And if for some reason you don’t earn your rewards one month, don’t worry. There is no monthly maintenance fee for your Kasasa checking account. You can get back to earning your full rewards the very next month you qualify.
For more information:
* The following information applies to all Kasasa Cash and Kasasa Cash Back accounts: Minimum to open is $100. Rates and rewards are variable and may change after account is opened. All accounts subject to approval. Restrictions and limitations may apply.
Qualifications Information: Account transactions and activities may take one or more Business 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 BAC as ATM transactions and purchases made with any debit card issued by someone other than BAC.
"Monthly Qualification Cycle" is a period ending one (1) business day prior to the close of the current Statement Cycle with a new Monthly Qualification Cycle beginning the next calendar day. Please refer to our current Kasasa Monthly Qualification Calendar available through any branch or our web site at www.bankbac.com/kasasa-calendar.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Enrollment in electronic services (e.g. online banking, mobile banking, paperless statements) and log-ons are required to meet some of the account’s qualifications. Limit one (1) account per taxpayer identification number.
There are no recurring monthly service charges or fees to open or close a Kasasa account. See our Personal Deposit Accounts Fees & Information Schedule for fees that may apply to this account. Contact a BAC service representative for additional information, details, restrictions, processing limitations and enrollment instructions.
Kasasa, Kasasa Cash and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.
‡ Service included at no charge. Customer may need to initiate use of the service by enrolling in or requesting the service.
1 Kasasa Cash: APY=Annual Percentage Yield. APYs accurate as of 04/13/2020. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) balances up to $10,000 receive APY of 2.00%; and, (2) balances over $10,000 earn 0.25% interest rate on portion of balance over $10,000, resulting in 2.00% - 0.41% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. The advertised Kasasa Cash APY is based on compounding interest. Interest payments will be credited to your Kasasa Cash account on the last day of the current statement cycle.
2 Kasasa Cash Back: If qualifications are met each monthly qualification cycle you will receive 3.00% cash back on up to $250.00 in debit card purchases that post and settle to the account during that cycle period. A maximum of $7.50 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, no cash back payments are made. Cash back payments will be credited to your Kasasa Cash Back account on the last day of the current statement cycle.
