Earn up to 7% APY* with no minimum balance requirements or monthly service fees, plus refunds on ATM withdrawal fees, nationwide.*
3.04% APY*
on balances up to $25,000
0.15% APY*
on portion of balance greater than $25,000
0.05% APY*
if qualifications aren't met
Refunds on ATM fees, nationwide
(up to $25 monthly)2
Qualifications
- At least 15 debit card purchases
- Have at least 1 direct deposit, ACH credit or ACH payment transcation
7.00% APY*
on balances up to $25,000
0.15% APY*
on portion of balance greater than $25,000
0.05% APY*
if qualifications aren't met
Refunds on ATM fees, nationwide
(up to $25 monthly)2
Qualifications
- At least 30 debit card purchases (minimum $5.00/transaction)
- Have at least 1 direct deposit, ACH credit or ACH payment transaction
- Free checking that pays high interest
- Earn 3.04% APY* on balances up to and including $25,000 when you have at least 15 debit card purchases post and settle*
- Earn 7% APY APY on balances up to and including $25,000 when you have at least 30 debit card purchases post and settle (minimum of $5.00 per debit card transaction)
- Earn 0.15% APY on balances over $25,000 (Blended Rate of 1.52% on balance)
- Earn 0.05% APY if qualifications are not met
- Up to $20 in monthly nationwide ATM withdrawal fee refunds*
- No minimum balance to earn rewards
- No monthly maintenance fee
- $0 minimum deposit to open
Qualifications to earn rewards
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit, ACH credit or ACH payment transaction post and settle
- Have at least 15 debit card purchases post and settle* to earn the 3.04% APY rate, or
- Have at least 30 debit card purchases post and settle* to earn the 7% APY rate (minimum of $5.00 per debit card transaction)
And if you don’t meet these qualifications, don’t worry — your account is still free. Plus, you’ll still earn our base rate. And you can get right back to earning your full rewards the very next cycle that you qualify.??
That’s it! And, if you don’t qualify this monthly qualification cycle, your account is still free. Plus, you’ll still earn the base interest rate for your account. Then, next month, you can get right back to earning your full rewards.
Available to Arkansas Residents only.
***If you are a current Bank of Little Rock Kasasa Cash accountholder and would like to switch to the "NEW Kasasa Cash" please contact any branch and they will be happy to assist you with the change. ***
Qualification Information:
Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our institution as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our institution. 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.
"Monthly Qualification Cycle" means the current statement cycle. Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information:
When Kasasa Cash - Multi Level account qualifications are met during a Monthly Qualification Cycle, you will receive:
- Kasasa Cash – Principle Rewards: daily balances up to and including $25,000 in your Kasasa Cash – Multi Level account earn an interest rate of 3.00% resulting in an APY of 3.04%; and daily balances over $25,000 earn an interest rate of 0.1499% on the portion of the daily balance over $25,000, resulting in a range from 3.04% to 0.52% APY depending on the account's daily balance.
or
- Kasasa Cash – Enhanced Rewards: daily balances up to and including $25,000 in your Kasasa Cash – Multi Level account earn an interest rate of 6.7850% resulting in an APY of 7.00%; and daily balances over $25,000 earn an interest rate of 0.1499% on the portion of the daily balance over $25,000, resulting in a range from 7.00% to 1.52% APY depending on the account's daily balance.
You will also receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.
When your Kasasa Cash – Multi Level account qualifications are not met during a Monthly Qualification Cycle, ATM withdrawal fees are not refunded and the entire daily balance in the Kasasa Cash - Multi Level account earns an interest rate of 0.0499% resulting in an annual percentage yield of 0.05% APY.
Interest and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash - Multi Level account on the first processing / business day of the following statement cycle.
APY = Annual Percentage Yield. APY accurate as of 11/15/2023. APY calculations are based on an assumed balance of $125,000 in your Kasasa Cash – Multi Level account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. You will automatically qualify for the account's rewards during your account's first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.
Additional Information:
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $100 minimum deposit is required to open the Kasasa Cash – Multi Level account. $100 minimum deposit is required to open the Kasasa Saver account. There are no recurring monthly maintenance charges or fees to open or close this account. A Kasasa Cash - Multi Level account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC Kasasa, Kasasa Cash – Multi Level and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.