Kasasa Cash® Checking

• 6.17% APY* paid on balances up to $15,000 💸
• ATM fee refunds nationwide (up to $20 monthly) 🏧
• No minimum balance required 🙅‍♀️

To earn your higher interest, simply do the following activities and transactions in your Kasasa Cash® Checking each monthly qualification cycle:

✔️ Have at least 15 debit or credit card transactions ($5.00 minimum) post and settle

✔️ Receive eStatements

✔️ Have at least 1 automatic payment (ACH) or direct deposit post

Don’t worry if you don’t qualify during the monthly qualification cycle. You won’t pay a penalty, and your account is still free. You can get right back to earning your higher interest the very next month.

Kasasa Saver® Account

Compliment your Kasasa Cash® Checking with this free Kasasa Saver® that helps build-up savings automatically!

Ready to open your Kasasa Cash® Checking?

Already an ELGA Credit Union member?
Open up a checking account by clicking on “Add an Account” in ELGA Online or Mobile Banking.

Not a member yet?
Now is a great time to join! Click HERE  to become an ELGA Credit Union member.

For more information about opening or changing your account to a Kasasa Cash® Checking, contact any ELGA Representative.

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 less than $5.00, credit card purchases less than $5.00, debit and credit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions, and purchases made with debit and credit cards not issued by our credit union.  Credit card qualifier must be transactions on a credit card under the same account as the Kasasa account.  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) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle.

Reward Information:  When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $15,000.00 in your Kasasa Cash account earn a dividend rate of 6.00% resulting in an APY of 6.17%; and daily balances over $15,000.00 earn a dividend rate of 0.25% on the portion of the daily balance over $15,000.00, resulting in a range from 6.17% to 1.01% APY depending on the account’s daily balance.  You will receive reimbursements up to an aggregate total of $20.00 ($5.00 per single transaction) nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. An ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees more than $5.00. When your Kasasa Cash qualifications are not met, the dividend rate earned on the account’s entire daily balance will be 0.01% resulting in an annual percentage yield of 0.01% and ATM withdrawal fees are not refunded.  Dividends will be credited to your Kasasa Cash account on the last day of the current statement cycle. Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.  APY = Annual Percentage Yield.  APYs accurate as of 8/1/2023.  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:  Membership restrictions may apply.  Account approval, conditions, qualifications, limits, timeframes, enrollments, and other requirements apply. No minimum deposit is required to open the account.  Monthly Direct Deposit or automatic payment (ACH) Transaction, enrollment in online banking, receipt of electronic statements are conditions of these accounts. Enrollment in electronic services (e.g. online banking, e-statements) may be required to meet some of the account’s qualifications. Limit one Kasasa Checking account per individual taxpayer identification number. There are no recurring monthly service charges or fees to open or close this account.  Advertised information and rewards are based on all account qualifications being met during each cycle period.  Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

See all current rates and services charges.