Kasasa Cash Back - Free Checking Account
Isn't it time you were rewarded for the things you already do? With a free Kasasa Cash Back checking account, you'll earn cash back on your everyday debit card purchases. Plus, there's no minimum balance to earn cash back and you'll get refunds on ATM fees, nationwide.*
Features and benefits
- 3.00% cash back on debit card purchases*
- No category restrictions on purchases
- Cash back earned on up to $250 in purchases monthly
- Earn up to $90 cash back per year, $7.50 per month
- Unlimited Nationwide refunds on ATM fees
- No monthly maintenance fee
- No minimum balance to earn rewards
- Free online banking and online bill pay
- Free paperless e-statements
- Free debit card
Qualifying is easy. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and agree to receive e-statements
- Be enrolled and log into online banking
If you don't qualify during the month, don't worry. There's still no monthly maintenance fee. Plus, you can get back to earning your cash rewards the very next monthly qualification cycle!
How to open a Kasasa Cash Back® Account
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 card purchases processed by merchants and received by 1st MidAmerica Credit Union as ATM transactions, and purchases made with debit cards not issued by 1st MidAmerica Credit Union. “Monthly Qualification Cycle” means a period beginning on the first day of the current statement cycle through the last day of the current statement cycle.
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 $250.00 in debit card purchases that post and settle to the account during that cycle period. A maximum of $7.50 cash back may be earned per Monthly Qualification Cycle. In addition, you will receive unlimited reimbursements ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented [within thirty (30) calendar days of transaction] for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash Back qualifications are not met, no cash back payments are made and ATM fees are not refunded. Cash back payments and ATM fee reimbursements will be credited to your Kasasa Cash Back account on the first business day of the statement cycle after the cycle in which the account qualified for the rewards. Rates and rewards are variable and may change after account is opened.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the 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 1st MidAmerica Credit Union service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA.
Other membership fees may apply to your accounts. See our fee schedule for full details. Free checking offer excludes business checking services.
The National Credit Union Administration (NCUA), a U.S. government agency, insures your account up to $250,000 per member. When your accounts exceed $250,000, the maximum level of coverage provided through NCUA, you are also insured up to an additional $250,000. Your board of directors has chosen to provide this exceptional level of insurance through a private company. This supplemental insurance is provided by Excess Share Insurance (ESI) Corporation. ESI is a subsidiary of American Share Insurance, the nation's largest private deposit insurer for credit unions. Excess share insurance is available only to credit unions meeting the company's rigid requirements and standards of performance.