Free Kasasa Cash® Checking

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What’s Kasasa®? It’s free checking that pays you in ways that matter. And with free Kasasa Cash® checking, you’ll earn up to 2.01% APY* and refunds on your ATM fees, nationwide!*

All you have to do to earn rewards are easy banking basics that you’re probably already doing. It’s like we pay you to bank here!

Benefits

  • Free checking that pays high interest
  • 2.01% APY* on balances up to $20,000
  • 2.01% to 0.55% APY on balances over $20,000 depending on balance in account*
  • .10% APY* if qualifications aren’t met
  • Refunds on ATM fees, nationwide (up to $25 monthly)*
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free online banking
  • Free bill pay
  • Free eStatements
  • Free mobile banking
  • Free Visa® check card
  • Unlimited check writing
  • $50 minimum deposit to open

It’s Easy to Qualify For Your Rewards!

Just have the following transactions and activities post and settle to your free Kasasa Cash account each monthly qualification cycle:

  • At least 12 check card purchases
  • At least 1 direct deposit or automatic payment (ACH)
  • Be enrolled and agree to receive eStatements

That’s it! And don’t worry if you don’t meet your qualifications during the month — there are no penalties, and your account is still free. Plus, you’ll still earn our base interest rate. And you can get right back to earning your full rewards the very next month!

 

*The Details:

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 card purchases processed by merchants and received by The First National Bank and Trust Company of Rochelle as ATM  transactions and purchases made with non-First National Bank and Trust Company of Rochelle-issued debit cards. “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.

Reward Information:  When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $20,000 receive APY of 2.01%; and balances over $20,000 earn 0.26% interest rate on the portion of balance over $20,000, resulting in a range from 2.01% to 0.55% APY depending on the account’s balance (balance of $120,000 is assumed in the APY calculation) and (2) you will receive reimbursements up to $25.00 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $4.99 or higher.

When Kasasa Cash qualifications are not met, all balances in the account earn 0.10% APY and ATM fees are not refunded.

Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle.  APY = Annual Percentage Yield. APYs accurate as of 06/01/2015. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information:  Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account. Monthly receipt of electronic statements may be a condition of this account. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit 1 account per social security number / individual taxpayer identification number. There are no recurring monthly service charges or fees to open or close this account.    Contact a First National Bank and Trust Company of Rochelle service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa & Kasasa Cash are trademarks of BancVue, Ltd., registered in the U.S.A.