Personal Checking – Kasasa

Kasasa Checking Accounts

Free Kasasa Checking in Iowa and Illinois

Free Checking That Pays You High Dividends and Refunds on ATM Withdrawal Fees, Nationwide*

Free Checking is nice, but, we think free is how checking should be.  Free checking that pays you?  Now that’s something really special. 

That’s Kasasa Cash®

Some interest-bearing accounts reserve the better rates for the bigger balances.  We flipped the script on that.  Earn 3.00% APY* on balances up to $10,000! But that’s not all.  We’ll pay you refunds on ATM withdrawal fees all across the country!*  So, stop paying for your money — let us pay you instead

Check out the chart below to decide which account to open today!

Kasasa Cash

You’ll love Kasasa Cash® — It’s Free!

  • No monthly service fee, even if you don’t meet the monthly qualifications
  • No minimum balance to earn rewards
  • Link to free Kasasa Saver® to build savings automatically
  • Free online banking & bill pay
  • Free eStatements
  • Free mobile banking with mobile deposit
  • Unlimited check writing
  • $100 minimum deposit to open

Kasasa Cash Back

You’ll love Kasasa Cash Back® — It’s free.

  • No monthly service fee, even if you don’t meet the monthly qualifications
  • No minimum balance.to earn rewards
  • Link to free Kasasa Saver® to build savings automatically
  • Free online banking & bill pay
  • Free eStatements
  • Free mobile banking with mobile deposit
  • Unlimited check writing
  • $100 minimum deposit to open

Earn high interest.*

When you meet your account’s qualifications during a Monthly Qualification Cycle, you’ll receive:

  • 3.00% APY on all balances up to and including $10,000 and
  • 0.25% APY on balances over $10,000, depending on balance in account

When qualifications are not met, you still earn 0.05% APY on the entire balance

Earn cash back**

When you meet your account’s qualifications during a Monthly Qualification Cycle, you’ll receive:

  • 3.00% cash back on debit card purchases, up to $300.00 in total purchases
  • Up to $9.00 total cash back per monthly qualification cycle

When qualifications are not met, cash back payments are not made

Plus refunds on ATM withdrawal fees — nationwide.*

When you meet your account’s qualifications during a Monthly Qualification Cycle, you’ll receive:

  • Unlimited ATM withdrawal fee refunds
  • ATM receipt must be presented for reimbursement of an individual ATM withdrawal fee of $5.00 or higher

When qualifications are not met, ATM withdrawal fees are not reimbursed

Plus refunds on ATM withdrawal fees — nationwide.*

When you meet your account’s qualifications during a Monthly Qualification Cycle, you’ll receive:

  • Unlimited ATM withdrawal fee refunds
  • ATM receipt must be presented for reimbursement of an individual ATM withdrawal fee of $5.00 or higher

When qualifications are not met, ATM withdrawal fees are not reimbursed

Qualifying for rewards is easy.

To earn high interest and ATM withdraw fee refunds, simply do the following each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle
  • Be enrolled in & agree to receive e-Statements

Qualifying for rewards is easy.

To earn cash back and ATM withdrawal fee refunds, simply do the following each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle
  • Be enrolled in & agree to receive e-Statements

Didn’t qualify?  Don’t worry!

  • Your account is still free
  • You can qualify again the next month

Didn’t qualify?  Don’t worry!

  • Your account is still free
  • You can qualify again the next month

Current Rewards customers wishing to upgrade to Kasasa, please contact your local Banking Center

Open a Kasasa account now.

Continue Application

We make banking easy! All accounts have access to FREE Online Banking, FREE Online Bill Pay, FREE Mobile Banking**, eStatements, Visa® Debit Cards, Safe Deposit Boxes, Telephone Banking, Gift and Travel Cards, and thousands of convenient ATMs. Learn more!

 

Kasasa Cash:

When the Kasasa Cash Checking qualifications are not met, ATM withdrawal fees are not refunded and the interest rate on your account will be 0.05% and the annual percentage yield will be 0.05%.

When the Kasasa Cash Checking qualifications are met, the interest rate on your account and corresponding annual percentage yield will be tiered.  If the daily balance is less than $10,000.01, the interest rate paid on that portion of the balance will be 2.96%.  The annual percentage yield for this tier will be 3.00%.  if the daily balance is more than $10,000.00 the interest rate paid on that portion of the balance will be 0.249%.  The annual percentage yield for this tier will range from 3.00% to 0.25%.  Interest begins to accrue on the business day you deposit noncash items (for example, checks). Rates as of 01/03/2017.

Qualifications

To qualify for Kasasa Cash rates and receive reimbursements on your ATM fee surcharges, your Kasasa Cash Checking account must meet the following qualifications during the monthly qualification cycle:

  • Have at least 12 debit card purchases post and clear
  • Have at least 1 ACH payment or direct deposit post and clear
  • Receive eStatements

Please note that transactions MUST post and clear to your account during the monthly qualification cycle. Transactions in a pending status do not qualify as one of the qualifications. Transactions may take one or more banking days from the date the transaction was made to post and clear an account. The following transactions do not count toward account rewards: ATM-processed transactions, transfers between accounts, non-retail transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

As indicated in the Truth in Savings disclosure for your Kasasa Cash Checking account, if you have met your qualifications for the month, we will reimburse you for all domestic ATM fees incurred in your Kasasa Cash Checking account.  ATM fee reimbursements will be credited to your Kasasa Cash Checking account on the last day of the current statement cycle.  If an individual ATM fee is $5.00 or higher, you must contact us for reimbursement, with your receipt, within sixty (60) calendar days of the withdrawal transaction.  When Kasasa Cash qualifications are not met, no ATM fees will be refunded.

When you use an ATM not owned by us, you may be charged a fee by the ATM operator or network. You may be charged a fee for a balance inquiry even if you do not complete a fund transfer or withdrawal.

Monthly Qualification Cycle and Monthly Statement Cycle Explanation “Monthly Qualification Cycle” means a period beginning one banking day prior to the first day of the current statement cycle through one banking day prior to the close of the current statement cycle. Your account will be automatically qualified on that one day prior to the first day of the current statement cycle. What this means for you is if you did not qualify for the higher preferred rate, you might notice a slightly higher than the base rate APY earned on your statement due to the one day (the last day) being calculated with the higher preferred rate. The qualification cycle is the 21st of the month through the 20th of the next month. The qualification cycle may end earlier if the 20th falls on a weekend or holiday.

Cycle Date Information

Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates.  Please refer to your account’s Truth in Savings disclosure for your account’s specific qualifications.  To qualify for your account’s rewards, all of your account’s qualifying transaction must post and settle to your Kasasa Cash account within the Monthly Qualification Cycle dates.  Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning your account’s rewards.  Account transactions and activities may take one or more days to post and settle the account and all must do so during the Monthly Qualification Cycle in order to qualify for your account’s rewards.  Go to SENB.com to see your Kasasa Cycle Date Information.

Other Account Information

Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield.

SENB reserves the right to limit the number of accounts to two (2) accounts per social security number.

Other Contract Terms

To receive your monthly statement electronically, the following minimum computer hardware and software requirements must be met: One of the following operating systems: Windows XP, 2000 or Macintosh OSX. A secure session is established by using Secure Socket Layer (SSL) encryption and a compatible browser, such as; Internet Explorer 7.0, Netscape 7.2, Mozilla Firefox 1.0 or Safari 1.2.

If you choose not to have electronic delivery of eStatements, your account will be converted to a SENB Essential Checking account after three (3) monthly qualification cycles.

Kasasa Cash Back:

When Kasasa Cash Back qualifications are not met, no cash back payments are made, and ATM withdrawal fees are not refunded. 

When the Kasasa Cash Back qualifications are met during a monthly qualification cycle, you will receive 3.00% cash back on up to a total of $300 in debit card purchases that post and settle to the account during that qualification cycle.  A maximum of $9.00 cash back may be earned per monthly qualification cycle.  Kasasa Cash Back Checking Payments will be credited to your Kasasa Cash Back account on the last day of the current statement cycle. 

Qualifications

To qualify for Kasasa Cash Back rewards and receive reimbursements on your ATM fee surcharges, your Kasasa Cash Back Checking account must meet the following qualifications during the monthly qualification cycle:

  • Have at least 12 debit card purchases post and clear
  • Have at least 1 ACH payment or direct deposit post and clear
  • Receive eStatements

Please note that transactions MUST post and clear to your account during the monthly qualification cycle. Transactions in a pending status do not qualify as one of the qualifications. Transactions may take one or more banking days from the date the transaction was made to post and clear an account. The following transactions do not count toward account rewards: ATM-processed transactions, transfers between accounts, non-retail transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

As indicated in the Truth in Savings disclosure for your Kasasa Cash Back Checking account, if you have met your qualifications for the month, we will reimburse you for all domestic ATM fees incurred in your Kasasa Cash Back Checking account.  ATM fee reimbursements will be credited to your Kasasa Cash Back Checking account on the last day of the current statement cycle.  If an individual ATM fee is $5.00 or higher, you must contact us for reimbursement, with your receipt, within sixty (60) calendar days of the withdrawal transaction.  When Kasasa Cash Back qualifications are not met, no ATM fees will be refunded.

When you use an ATM not owned by us, you may be charged a fee by the ATM operator or network. You may be charged a fee for a balance inquiry even if you do not complete a fund transfer or withdrawal.

Monthly Qualification Cycle and Monthly Statement Cycle Explanation “Monthly Qualification Cycle” means a period beginning one banking day prior to the first day of the current statement cycle through one banking day prior to the close of the current statement cycle. Your account will be automatically qualified on that one day prior to the first day of the current statement cycle. What this means for you is if you did not qualify for the higher preferred rate, you might notice a slightly higher than the base rate APY earned on your statement due to the one day (the last day) being calculated with the higher preferred rate. The qualification cycle is the 21st of the month through the 20th of the next month. The qualification cycle may end earlier if the 20th falls on a weekend or holiday.

Cycle Date Information

Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates.  Please refer to your account’s Truth in Savings disclosure for your account’s specific qualifications.  To qualify for your account’s rewards, all of your account’s qualifying transaction must post and settle to your Kasasa Cash account within the Monthly Qualification Cycle dates.  Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning your account’s rewards.  Account transactions and activities may take one or more days to post and settle the account and all must do so during the Monthly Qualification Cycle in order to qualify for your account’s rewards.  Go to SENB.com to see your Kasasa Cycle Date Information.

Other Account Information

Rates, rewards and bonuses are variable and may change after account is opened. Fees may reduce earnings.

SENB reserves the right to limit the number of accounts to two (2) accounts per social security number.

Other Contract Terms

To receive your monthly statement electronically, the following minimum computer hardware and software requirements must be met: One of the following operating systems: Windows XP, 2000 or Macintosh OSX. A secure session is established by using Secure Socket Layer (SSL) encryption and a compatible browser, such as; Internet Explorer 7.0, Netscape 7.2, Mozilla Firefox 1.0 or Safari 1.2.

If you choose not to have electronic delivery of eStatements, your account will be converted to an SENB Essential Checking account after three (3) monthly qualification cycles.