*Kasasa Cash Back Checking
Disclaimer:
Qualification Information:
To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle:
- Have at least 10 PIN-based or signature-based debit card purchases
- Have at least one automatic payment (ACH) or direct deposit post and settle
- Be enrolled in and have agreed to receive eStatements rather than paper statements
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 Natco Credit Union as ATM or PIN-based, signature-based transactions and purchases made with non-Natco Credit Union issued debit cards.
“Monthly Qualification Cycle” means the current statement cycle.
Reward Information:
When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 4% cash back on up to a total of $200 in debit card purchases that post and settle to the account during that cycle period. A maximum of $8.00 cash back payments may be earned per Monthly Qualification Cycle.
You will receive reimbursements up to an aggregate total of $20.00 (up to $4.99 per single transaction) for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher.
When your Kasasa Cash Back account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.
Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back account on the first processing/business day of the following statement cycle.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened 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. 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. No minimum deposit is required to open the account. A monthly Direct Deposit or an ACH payment and enrollment in eStatements, are conditions of this account. See accompanying Fee Schedule for fees that may apply to this account. Limit of one Kasasa checking account(s) per member. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Contact one of our credit union service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA. Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.
**Kasasa Cash Checking
Disclaimer:
*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. Click here to view a calendar of our Monthly Qualification Cycle. 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 Natco Credit Union as ATM or PIN-based, signature based transactions and purchases made with non-Natco Credit Union issued debit cards. “Monthly Qualification Cycle” means the current statement cycle. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s): Kasasa Cash: (1) Balances up to $10,000 receive APY* of 4.00%; and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a range from 0.82% to 4.00% APY depending on the account’s balance and Kasasa Saver: (2) Balances up to $10,000 receive APY of 2.00% and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a range from 0.62% to 2.00% APY depending on the account’s balance. ATM Fee Reimbursements: You will receive reimbursements up to $20 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash qualifications are not met ATM fees are not refunded and all balances in your Kasasa Cash account and in your Kasasa Saver account earn 0.10% APY* and 0.10% APY respectfully. The interest earned in your Kasasa Cash account is automatically transferred to your Kasasa Saver account. Dividends and ATM fee reimbursements will be credited to your Kasasa Cash account on the first day of the following Statement Cycle and then automatically transferred to your Kasasa Saver account no later than the second business day. *When linked to the Kasasa Saver account, the dividend earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Consequently, when linked to Kasasa Saver, and your Kasasa Cash qualifications are met, balances up to $10,000 in your Kasasa Cash account receive a non-compounding APY of 4.00%; and balances over $10,000 earn 0.50% interest rate on the portion of the balance over $10,000, resulting in a non-compounding range from 0.82% to 4.00% APY depending on the account’s balance. When your Kasasa Cash qualifications are not met, all balances in the Kasasa Cash account earn a non-compounding APY of 0.10%. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. APY = Annual Percentage Yield. APYs accurate as of 07/01/24. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Rewards may vary by account. Monthly Direct Deposit/ACH credit, receipt of electronic statements may be a condition(s) of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons may be required to meet some of the account’s qualifications. A Kasasa Cash account is required in order to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings, otherwise monthly dividends from your Kasasa Cash will remain in the Kasasa Cash. There are no recurring monthly service charges or fees to open or close this account. Comparison Source: Interest Checking, FDIC 07/01/24 http://www.fdic.gov/regulations/resources/rates/. Contact a Natco Credit Union service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA.
