Kasasa Cash

Kasasa Cash

Free checking that pays you in really high interest, plus get refunded for ATM fees nationwide.*


Get paid in really high rates with our free Kasasa Cash® checking account. Kasasa® rates are so high they make the Ozarks look undersized.

And there's no minimum balance to keep or points to collect. We'll even refund your ATM fees nationwide.* All you have to do to earn your rewards are simple things that make banking easier anyway, like sign up for online banking or e-statements. Kasasa®, a new way to bank.

  • Free checking that pays really high interest
  • Earn 2.25% APY* on balances up to $10,000
  • Earn 2.25% to 0.46% APY* on balances over $10,000 depending on balance in account
  • Earn 0.05% APY* if qualifications aren't met
  • Get refunds on ATM fees nationwide*
  • Option to link to high-interest Kasasa Saver account
  • Have Cash rewards transferred to Saver for automatic savings
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free online banking
  • Free Bill pay available
  • Free mobile banking
  • Free In-Touch telephone banking
  • Free E-Statements
  • Free MasterCard® debit card
  • Unlimited check writing
  • $100 minimum opening deposit

Things You Must Do (That Make Banking Easier Anyway)

While there isn't a minimum balance to keep or points to collect, there are a few things you must do to earn your full rewards. (You're probably doing most, if not all, of these things already). To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled and log into online banking
  • Be enrolled and receive e-statement notice
  • Have at least 1 direct deposit or 1 ACH auto debit post and settle

That does it. And if one month you don't qualify, no problem. Your account is still free and you still earn our base interest rate. You can get back to earning your full rewards the very next monthly qualification cycle.

*disclaimer text

Seed by Farmers Bank

Our Seed by Farmers Bank personal finance manager makes it easy to stay in control of your banking. Use our budget generator to know when you're getting off track -- or doing well. Meet your financial goals with this great tool! 

  • Online money management tool with mobile access
  • Panoramic view of all your Farmers Bank accounts
  • Aggregates accounts and transactions in one place for a more complete financial picture
  • Track expenses
  • Create budgets
  • Confidential and secure
  • Access Seed by Farmers Bank

To obtain the annual percentage yield (APY), you must maintain a minimum balance of .01 in the account each day. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $25 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $4.99 per single transaction and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.25%; and (3) balances over $10,000 earn 0.30% interest rate on the portion of the balance over $10,000, resulting in 2.25% - 0.46% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions and transfers between accounts do not count towards qualifying debit card transactions. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 0.50%; and (2) balances over $10,000 in Kasasa Saver earn 0.15% interest rate on portion of balance over $10,000, resulting in 0.50% - 0.18% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Limit one account per SSN.