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Kasasa Cash Checking

What's better than free checking? Kasasa Cash is free checking that pays really high rates each month. Plus, there is no minimum balance to earn even our highest rate - that's a 2.50%APY*.

And we will refund your ATM fees, nationwide*. So you can withdraw cash when you need it. No more searching for a "free" ATM, whether you're in Michigan or on the road. Click Here to open a Kasasa Cash checking today!

Apply Online for a Frankenmuth CU Kasasa Cash Checking AccountApply Now

Free Kasasa Cash Checking includes:

  • 2.50% APY* on balances up to $15,000
  • 2.50% to 0.45% APY on balances over $15,000 depending on balance in account*
  • 0.01% APY* even if qualifications aren't met
  • Refunds on ATM fees, nationwide (up to $25 monthly)*
  • Can link a free Kasasa Saver® account for even more cash
  • No minimum balance to earn rewards
  • No monthly service fees
  • Free online banking & bill pay
  • Free e-statements
  • Free debit card
  • Unlimited check writing
  • $15 minimum deposit to open
  • Add a free Kasasa Saver savings account to earn high rates of return on the first $100,000

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It's easy to earn your Kasasa Cash rewards!

By doing what you have always done with your debit card you can easily qualify for rewards. To earn your full rewards, do the following transactions and activities within your Kasasa Cash account during each monthly qualification cycle:

  • Have at least 15 debit card purchases post and settle
  • Be enrolled and receive e-statement notices
  • Have at least one ACH debit withdrawal post and settle

That's it! Plus, if you miss your qualifications for the month, your account is always free. You are always able to earn the base interest rate; and you can get back to earning your complete rewards the very next month.

*APY=Annual Percentage Yield. APYs accurate as of 09/01/2018. Rates may change after account is opened. Minimum to open account is $15 for Kasasa Cash. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 2.50%; and (3) balances over $15,000 earn 0.25% dividends rate on the portion of the balance over $15,000, resulting in 2.50% - 0.45% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions and transfers between accounts do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding dividends. Dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual dividends amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $100,000 in Kasasa Saver receive an APY of 1.75%; and (2) balances over $100,000 in Kasasa Saver earn 0.25% dividends rate on portion of balance over $100,000, resulting in 1.75% - 0.95% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.01% APY. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Limit one account per SSN.

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