Skip to content

Rates Calculator

Your eyes are fine. And it’s not a typo. Earn up to 3.25% APY* with basic account activity — courtesy of Kasasa®.

Key Features

  • Really High Dividends
  • No Monthly Maintenance Fees
  • Electronic Banking
  • Debit Mastercard®
  • Free checking that pays high dividends
  • 3.25% APY* on balances up to $10,000
  • 3.25% to 0.34% APY on balances over $10,000 depending on balance in account*
  • 0.05% APY* if qualifications aren't met
  • Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
  • Link to free Kasasa Saver® to build savings automatically
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free electronic banking
  • Free debit Mastercard®
  • Shared branching available
  • No minimum deposit to open

Rewards are yours in 1,2,3…

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:

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive e-statements
  • Be enrolled in and log into online banking

You’ve got this in the bag. But just in case you don't meet your qualifications one cycle, your account is still free — and you’ll still earn our base dividend rate. Then you can get back to earning your full rewards the very next month.


Not sure these rewards are for you?

Head back to the account comparison page to see if Kasasa Cash Back® or Kasasa Tunes® are more your style. We have a FREE Kasasa account just for you!


Federally Insured by NCUA

*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 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 Service 1 Federal Credit Union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by Service 1 Federal Credit Union. Transactions bundled together by merchants and received by Service 1 Federal Credit Union as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $10,000.00 receive APY of 3.25%; and balances over $10,000.00 earn 0.05% interest rate on the portion of balance over $10,000.00, resulting in a range from 3.25% to 0.34% APY depending on the account balance, and (2) you will receive reimbursements up to $25.00 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded. Dividends and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 05/01/2021. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Must have twelve (12) qualifying debit card transactions post and settle to the account per cycle. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons are also required to meet some of the account qualifications. Limit one (1) account per member account number. There are no recurring monthly service charges or fees to open or close this account. Contact a Service 1 Federal Credit Union member service representative for additional information, details, restrictions, reward calculations, processing limitations and enrollment instructions. Federally Insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

Purpose and Expected Use: The Kasasa Cash account is intended to be the accountholder's primary share draft account in which day-to-day spending activities — including, but not limited to, grocery, gasoline, apparel, shopping, dining, sporting and entertainment transactions — are posted and settled.

Commensurate with the spending activities identified above, we expect the account’s debit card to be used frequently throughout each month and for transaction amounts to reflect a wide dollar range. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. For example, five debit card transactions, each for a dollar, conducted at a convenience store two days before the end of the cycle period, would not be considered by our institution as normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole purpose of qualifying for the account’s rewards and thus will be deemed inappropriate transactions and will not count toward earning the account’s rewards. Service 1 FCU reserves the right to determine if the Kasasa Cash  account is being maintained for a purpose other than day-to-day, primary use, and accountholders may be subject to their accounts being converted to a non-Kasasa share draft account or closed altogether. We also reserve the right to convert the account to a different share draft account if the account does not have consistent active use over three consecutive Statement Cycles. Service 1 FCU has the right to close this account at any time, with proper notice. Our decision to close the account will not affect your existing obligations to us including any obligation to pay fees or charges incurred prior to termination. Please contact Service 1 Federal Credit Union for additional details.

Sweet discounts & benefits

Love My Credit Union Rewards®

It's easy to join us

Become a Member