Even with so many banking options available, it’s tough to find checking and savings accounts that work for you. Considerations include ease of access, how secure your money will be, minimum balance requirements, and the gains you can expect to make on interest. As if that weren’t enough, sometimes even the most promising checking accounts secretly bundle fees into their service. Monthly fees, per check fees, and account assistance fees are all ways that banks cash in on your hard-earned money. This is where Kasasa comes in.
Instead of charging monthly fees, a Kasasa checking account pays you! It’s our way of saying thank you for trusting us with your finances.
What is Kasasa?
Kasasa is a financial services company based in Austin, Texas. Since 2003 they’ve partnered with credit unions and small banks across the country to help them compete with big banks.
While credit unions offer their owner-members many unique benefits, it has historically been difficult for smaller financial institutions to compete with national and corporate banks. Because of their enormous customer base, national banks have the resources and infrastructure to offer rewards that credit unions just couldn’t match.
Kasasa levels the playing field, and credit union members reap the benefits. Kasasa accounts reward people for their normal spending behavior. These rewards come in the form of cashback, high-interest checking accounts, and refunds on ATM fees.
How it works
Kasasa is a banking partner, not a bank. To open a Kasasa account, you’ll need to find a credit union that offers their program. When you choose DEXSTA, you qualify for a free checking account that comes with different types of rewards.
Free Kasasa Cash Back®
Enjoy 3.00% cashback on your everyday debit card purchases. No category restrictions. No hidden fees. You’ll also get cashback in the form of nationwide ATM fee refunds. With a Kasasa account, every ATM is your ATM.
Free Kasasa Cash®
This account puts your money to work for you. Earn 2.5% APY on balances up to $10,000 with no minimum balance or monthly service fees.
Free Kasasa Saver®
Your Kasasa Saver account links to your Cash or Cash Back checking to make savings easy. When you earn rewards, they’ll be automatically deposited into your account, where they’ll earn 0.6% APY.
How do you qualify?
High-interest rates, automatic savings, and cashback on all of your regular purchases? If you’re looking for the catch, you’re not alone. In fact, Kasasa wrote an entire blog busting myths and explaining the benefits of their program. There’s no minimum deposit to open your account. You don’t need to maintain a minimum balance to earn rewards, and there are no service fees or penalties.
You earn rewards by completing these monthly banking basics:
- Use your debit card on at least 12 purchases per month
- Log into DEXSTA@home or DEXSTA mobile one time per month
- Enroll in e-statements
That’s it! With your new debit card, each coffee stop or grocery store run keeps you eligible for rewards. If you don’t meet your qualifications for the month, don’t worry. Kasasa checking is always free, and you’ll have a chance to earn your rewards again during the next monthly cycle.
Want to learn more about how an account can earn you 60-70% more interest than other accounts? Contact us today to see if Kasasa is right for you.