Kasasa Cash Checking
With Kasasa Cash®, your money can make more money. Enjoy high interest rates and nationwide ATM refunds. All this is yours for doing a few simple things that make baking easier, like using Online Banking.
Earn 3.05% APY (annual percentage yield) on balances up to and including $15,000.99. On balances over $15,000.99, earn 3.05% to 0.62% APY, depending on balance in account.¹
Receive nationwide ATM fee refunds, up to $25 per monthly qualification cycle²
There's no monthly service charge and no minimum balance requirement. Get started with a minimum opening deposit of $100.
Unlock your rewards
Meet these qualifications3 each monthly cycle to enjoy your rewards:
- At least 15 debit card transactions
- Log into Online Banking from your favorite device
- Receive electronic statements
If you don't meet the qualifications in a cycle, no worries! You will still earn 0.05% APY on your entire balance1, and your account is still service charge free. Even better, you can get back to earning your rewards the next cycle that you qualify.
Ready to Get Started?
Visit our online application, where you can open your account without ever stepping foot inside the bank. You can also stop by one of our convenient locations across Missouri, where our team is ready to help you get started earning high interest.
We want to reward you with what matters most to you. If high interest isn't the right reward for you, we also have accounts that offer cash back on debit card purchases or refunds on digital purchases. Compare other rewards accounts>>
Let's learn a little more about your rewards
We're excited to offer you these high interest rates. Making your money grow into more money is something we really enjoy! Let's take a look at how the tiered interest rate works.
How the Interest Rate Works
Earning interest on the first $15,000.99, when rewards qualifications are met
If you meet your rewards qualifications, you will earn 3.05% APY on the first $15,000.99 in your account. Whether you have $15, $150, or $15,000 in your account, your interest rate is 3.00% (3.05% APY). Then we offer an additional tier of interest rates for any amount you have in your account that's above $15,000.99.
Earning interest on amounts over $15,000.99, when rewards qualifications are met
Remember, you earn 3.05% APY on a balance up to $15,000.99. Now, let's look at what happens if you have more than $15,000.99 in your account. You will earn anywhere from 3.05% to 0.62% APY on the balance that is above $15,000.99. If you have $17,000 in your account, you receive an interest rate of 3.00% on the first $15,000.99 and then you get the lower rate of 0.25% on the remaining $2,000.00. The APY on your account will range anywhere from 3.05% to 0.62% depending on your balance.
Fast Tip: Even though you receive two different interest rates when you carry a balance over $15,000.99, we are required to show you only one APY on your bank statement. So, we'll blend your two rates together, which results in one APY shown on your bank statement that will likely be lower than 3.05%. Rest assured, you do earn 3.05% APY on the first $15,000.99. We are showing you one APY, but you are still receiving two rates.
Earning interest when the account rewards qualifications are not met
If you do not meet the rewards qualifications, you will still earn 0.05% APY on your entire account balance.
How ATM refunds work
The Bank of Missouri has ATMs at bank locations across the state. We also want to make sure you're covered for those times when you aren't nearby. That's why we offer nationwide ATM fee refunds.
What happens when I use a Bank of Missouri ATM?
Bank of Missouri customers can use our bank ATMs any time at no charge. While certain withdrawal limits are in place for your security, you're not limited on the number of times you can use the ATM. We have ATMs at 35+ locations across Missouri.
What about when I use a non-Bank of Missouri ATM?
You will typically have a fee from our bank and the out-of-network bank. If you meet your rewards qualifications, we'll refund you up to $25 worth of fees for the qualifying cycle.2 If you don't meet the rewards qualifications, you will not receive a refund on those fees.
How many times can I use out-of-network ATMs before I'm charged?
First of all, you will see a charge every time you use an out-of-network ATM. Kasasa accounts offer refunds on those fees when the monthly criteria are met.2
Between the fee your own bank charges you and the other bank's fee, that's typically around $6 per ATM transaction, based on national averages. At that rate, $25 in ATM refunds would get you about four out-of-network ATM withdrawals. Keep in mind though that fees can be higher, especially at special events or in touristy areas. Be sure to check the fees before you withdrawal to avoid surprises.
Fast tip: Keep up with your ATM fees and your account any time with Online Banking and our mobile banking app.
All the extras you need to make banking easier
In addition to your rewards, we have a collection of products to help you get the most out of your account. No qualification required; they're yours every month regardless.