Northwest Federal’s FREE Kasasa Cash® Checking benefits debit card users who want to earn the highest dividend rate we offer on checking accounts:
- 2.00% APY on the first $25,000*
- 0.25% APY on portion of balance above $25,000*
You’ll need a minimum deposit of $100 to open your Kasasa Cash® Checking account. Then, you’ll earn our highest checking account dividend rate and enjoy unlimited ATM fee refunds provided you meet these monthly qualifications:
Open your FREE Kasasa Cash® Checking today!
Once you’ve opened your Kasasa Cash® checking account, open our Kasasa Saver savings account for even greater benefits.
*APY = Annual Percentage Yield. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $25,000 receive APY of 2.00%; and balances over $25,000 earn 0.25% interest rate on the portion of balance over $25,000, resulting in an annual percentage yield for this tier ranging from 2.00% to .48% APY depending on the account’s balance. When Kasasa Cash qualifications are not met, all balances in the account earn .05% APY. Dividends will be credited to your Kasasa Cash account on the last day of statement cycle. APYs accurate as of 7/1/2020. Rates and rewards are variable and may change after account is opened. $100 minimum deposit is required to open the account. There are no recurring monthly maintenance charges or fees to open or close this account. Rewards less than a penny cannot be distributed. This account is not to be used for commercial purposes. Each individual is limited to being the primary owner on 1 (one) account. In order to receive reimbursement of all ATM fees incurred in a statement cycle your account qualifications must be met during the Monthly Qualification Cycle. Qualifications must be met during the Monthly Qualification Cycle. Monthly qualification cycle means the period beginning on the last day of the previous month and closing one (1) day prior to the last day of the current month. Debit card transactions may take one or more days to post to the account and must post 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 transactions, Debit card purchases processed by merchants as ATM transactions, transactions made with debit cards not issued by Northwest Federal.
Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.