Are Kasasa accounts worth it?
Kasasa accounts can offer great benefits to customers who qualify. If you’re already making the required transactions, such as 12 debit card purchases per month, Kasasa accounts are something of a no-brainer, as they offer rewards, carry no monthly fees and reimburse domestic ATM withdrawals.
Is Kasasa safe?
Every bank and credit union that offers Kasasa is insured by either the FDIC, NCUA, or ASI.
What is a kasasa savings account?
Kasasa Saver is a free account that simplifies saving and earns a high rate of return. It links to your free Kasasa Cash® or Kasasa Cash Back® checking to build your savings automatically.
How does a Kasasa checking account work?
It’s a free checking account that pays cash back on everyday debit card purchases. No points, no category restrictions. Just cash. Your ATM fee refunds and interest or cash back from Kasasa Cash or Kasasa Cash Back are automatically deposited into this account, which also gets high interest, making saving super easy.
How does kasasa make money?
How do they do it? Kasasa is designed to attract the type of customers that community banks and credit unions want: people who lower their costs and generate revenue. A financial institution saves around $2 a month when an e-statement replaces a paper one. They make money every time you use your debit card.
Who owns kasasa Ltd?
Kasasa was acquired by Riverside Company on Jan 1, 2016 .
Is Kasasa a Fintech?
Based in Austin, Texas, Kasasa® is a financial technology and marketing provider committed to driving results for over 900 community financial institutions by attracting, engaging, and retaining consumers.
What is Kasasa Cash Back Reward?
Kasasa Cash Back is a free variable rewards checking account with no minimum balance that rewards members with cash back on their PIN-based/signature-based debit card purchases and nationwide ATM fee refunds when they meet minimum qualifications during the account’s Monthly Qualification Cycle.
How long has kasasa been in business?
In 2003, a small group of Kasasa’s founders set up shop in an old school building in Taylor, Texas. Their mission: to develop, market, and consult on software products for community banks in Central Texas. Their original REWARDChecking® account would play a pivotal role in the future of the company.
What’s the interest rate on a Kasasa checking account?
Pelican’s Kasasa Cash checking account earns 4.25% APY on up to $7,500, one of the highest available rates we’ve found in our research. Anything over that amount will get you 0.50%. As a bonus, you’ll be reimbursed for all ATM transactions up to $4.99 apiece.
How to earn Kasasa rewards at local banks?
Build your savings — automatically. Ask for Kasasa at more than 3,586 local bank and credit union branches nationwide. Earning cash rewards and ATM withdrawal fee refunds is super simple. Use your debit card. Utilize direct deposit. Log into online banking. Sign up for e-statements. If you don’t make it one month, just try again.
How does the free Kasasa Saver account work?
Free Kasasa Saver automatically saves money for the account holder when it’s paired with any free Kasasa checking account at the same local financial institution. Kasasa Saver sets aside the cash rewards earned in the account holder’s Kasasa checking account each month.
Do you get high APY with Kasasa Saver?
Kasasa Saver sets aside the cash rewards earned in the account holder’s Kasasa checking account each month. As a result, the account holder also earns a high APY on what he or she saves — no extra effort required.