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Rates

APY = Annual Percentage Yield. Rates effective as of June 15, 2020. Fees may reduce earnings.

Kasasa Cash

Balance Minimum Required Opening Deposits Rate APY
$0 - $25,000
$100
1.00%
1.00%
$25,000 +
$100
0.25%
1.00% to 0.40%
All balances if qualifications not met
$100
0.03%
0.03%

Qualifications

Earning the full rewards is so easy, you’re probably already doing it. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

If you don’t meet the qualifications one month, don’t worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.

Kasasa Saver

Balance Minimum Required Opening Deposits Rate APY
$0 - $50,000
$25
0.50%
0.50%
$50,000 +
$25
0.25%
0.50% to 0.33%
All balances if qualifications not met
$25
0.03%
0.03%

Qualifications

Qualifying for Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate too. Simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

It’s no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.

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Newton Federal Bank is a division of Affinity Bank. Newton Federal Bank 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. © 2023-2024 All Rights Reserved.