Kasasa Cash Back

Enjoy cash back on debit card purchases and refunds on ATM withdrawal fees.*

Make shopping a lot more fun (and rewarding!) with free Kasasa Cash Back^® checking. You’ll get 3.00% cash back on your everyday debit card purchases, up to $144 back per year ($12 per month).* 

You’ll also get cash back in the form of refunds on ATM withdrawal fees, nationwide. That way you can get to your money whenever and wherever you need it. Add a free Kasasa Saver^® account and earn 3.00% APY* to make saving effortless. Open your accounts online today. 

Benefits

• Free checking that pays you back
• 3.00% cash back on debit card purchases*
  • No category restrictions on purchases
  • Cash back earned on up to $400 in purchases monthly
  • Earn up to $144 cash back per year, $12 per month
• Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
• Link to free Kasasa Saver^® to earn 3.00% APY* savings automatically

Earning your rewards is easy!

• At least 1 direct deposit or ACH payment transaction
• At least 15 debit card purchases of at least $8
• Be enrolled in and agree to receive e-statements

And if you don’t meet these qualifications, don’t worry — your account is still free.
And you can get right back to earning your cash 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

*When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 3.00% cash back on up to a total of $400.00 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $12.00 cash back may be earned per Monthly Qualification Cycle. You will also 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 Back qualifications are not met, no cash back payments are made and ATM fees are not refunded. Cash back payments and ATM fee reimbursements will be credited to your Kasasa Cash Back account on the last day of current statement 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 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. 

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 3/1/2024. 

Account approval, conditions, qualifications, limits, timeframes, enrollments  and other requirements apply. $5.00 minimum deposit is required to open this 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 1^st 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.