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Kasasa Checking Accounts

Account

Free Kasasa Cash Checking

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Free Kasasa Cash Back Checking

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Rewards

  • Earn 1.00% APY* on balances up to $25,000
  • Earn 1.00% to 0.40% APY on balances over $25,000 depending on balance in account*
  • Earn 0.03% APY* if qualifications aren’t met
  • Refunds on ATM fees nationwide (unlimited)*
  • Earn 3.00% cash back on debit card purchases*
  • No category restrictions on purchases
  • Cash back earned on up to $200 in purchases monthly
  • Earn up to $72 cash back per year, $6 per month
  • Refunds on ATM fees nationwide (unlimited)*


Monthly Service Fee

$0

$0

Free ATMs?

Yes

Yes

Free Online Banking?

Yes

Yes

Free Debit Card?

Yes

Yes

Minimum Opening Deposits

$100

$100

Kasasa Cash:

Qualification Information:

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 and credit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit or credit cards not issued by our bank. 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 the current statement cycle.

See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

Reward Information:

When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Kasasa Cash account earn an interest rate of 1.00% resulting in an APY of 1.00% and daily balances over $25,000 earn an interest rate of .25% on the portion of the daily balance over $50,000, resulting in a range from 1.00% to .38% APY depending on the account’s daily balance (assuming an average balance of $150,000).

You will receive reimbursements for nationwide domestic ATM withdrawal fees incurred within your Kasasa Cash account during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within 30 days of transaction for reimbursements of individual ATM fees of $5.00 or higher.

When your Kasasa Cash qualifications are not met, the interest rate earned on the account’s entire daily balance will be .03% resulting in an annual percentage yield of .03% and ATM withdrawal fees are not refunded.

Interest 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 3/1/2021.

APY calculations are based on an assumed balance of $25,000 + $125,000 in your Kasasa Cash account and an assumed statement cycle of thirty-one (31) days.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened 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:

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

$100.00 minimum deposit is required to open the account.

Monthly eStatements is a condition of this account.

Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications.

Limit of one (1) account per Social Security Number.

There are no recurring monthly maintenance charges.

Advertised information and rewards are based on all account qualifications being met during each cycle period.

Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Member FDIC.

Trademarks:

Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

Kasasa Cash Back:

Qualification Information:

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 and credit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit or credit cards not issued by our bank. 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 the current statement cycle.
See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

Reward Information:

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 $200.00 PIN-based/signature-based debit and credit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back payments may be earned per Monthly Qualification Cycle.
You will receive reimbursements for nationwide domestic ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within 30 days of transaction for reimbursements of individual ATM fees of $5.00 or higher.
When your Kasasa Cash Back account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.
Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back account on the last day of the current statement cycle.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened 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.

Additional Information:

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
$100.00 minimum deposit is required to open the account.
Monthly eStatements is a condition of this account.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications.
Limit of one (1) account per Social Security Number.
There are no recurring monthly maintenance charges.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Member FDIC.

Trademarks:

Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.
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FDIC-Insured – Backed by the full faith and credit of the U.S. Government. Newton Federal is a division of Affinity Bank. Newton Federal and Affinity Bank are the same entity for the purpose of calculating FDIC insurance limits and deposits. Effective September 15, 2023, the bank converted from a federal savings association to a national bank, and as a result, the Company became a bank holding company instead of a savings and loan holding company. Newton Federal is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. Please contact us with any concerns or comments. © 2025-2026 All Rights Reserved.