PERSONAL CHECKING ACCOUNTS
Discover the right account for you
Kasasa Cash Back®.Earn cash back when you spend it
If you don’t like getting paid for saving money, then our interest bearing checking accounts like KASASA CASH and COMMUNITY PREMIER might not be for you. But maybe you like getting paid to spend money. If you do, then you may prefer KASASA CASH BACK, our fee free checking account that rewards you with cash back on the everyday purchases you make using your debit card. When you meet the qualifications in any Monthly Qualification Cycle, you’ll really love the cash you’ll earn and having your ATM withdrawal fees reimbursed nationwide. If you happen to fall short of the requirements, don’t sweat it. You’ll always have another chance to qualify next cycle. Plus, it never stops being a fee free checking account, so you really can’t lose! See below for all you need to know about a KASASA CASH BACK checking account, and don’t hesitate to contact one of our Personal Bankers if you still have questions.
Yes, totally free. There are no monthly maintenance fees and no minimum balance requirement. Regardless of whether or not you qualify for the other perks of a KASASA CASH BACK account, it will always be free. Absolutely, totally free.
- No monthly maintenance fee.
- No minimum balance.
You’ll earn cash back.*
We’re not sure which is better: getting paid to save money, or getting paid to spend money. One is definitely more fun than the other! If you agree, you may love a KASASA CASH BACK checking account, because when you meet your account’s qualifications during a Monthly Qualification Cycle, you’ll receive:
- 3.00% cash back on debit card purchases (up to $200 in total purchases)
- Limit of up to $6 total cash back per monthly qualification cycle
Spend money, get money. It’s that simple. But what if you don’t meet the qualifications? Sure, the cash back payments won’t be made to you. But, if you fail to qualify during any cycle, you’re still eligible to qualify in any future cycle. So, there’s always next month!
Plus refunds on ATM withdrawal fees – nationwide.*
Customers really love this one. When you meet your KASASA CASH BACK account’s qualifications during a Monthly Qualification Cycle, you’ll be refunded for your ATM withdrawal fees! Qualifying customers will receive:
- Up to $25 in ATM withdrawal fee refunds
When qualifications are not met, ATM withdrawal fees are not reimbursed. But you will remain eligible and receive the refunds if you meet the qualifications in any other cycle. So, there’s always next month!
Qualifying for rewards is easy.
So, what do you need to do each Monthly Qualification Cycle to qualify for these great KASASA CASH BACK benefits? That’s the easy part. To earn cash back on debit card purchases and earn ATM withdrawal fee refunds, simply do the following:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and agree to receive e-Statements
- Be enrolled in and log into online banking at least once
It’s really that simple. Most customers are doing these things already. But if you’re not, we think you’ll find these things easy to perform and actually kind of convenient. Easy access to money via your debit card, less paper clutter with e-Statements, and fewer trips to the bank because you can do just about all of your banking online (or with our mobile app). So, make your banking more convenient and we’ll pay you money to spend money and refund your ATM withdrawal fees. That’s KASASA CASH BACK. What’s not to like?
Didn’t qualify? Don’t worry!
With a KASASA CASH BACK account, it’s really no big deal if you don’t qualify in any given qualification cycle.
- Your account is still free.
- You can qualify again the next month.
Your account will still remain fee free, and you can always qualify again next month. Like we said before, with KASASA CASH BACK, there’s really nothing to lose!
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KASASA CASH BACK – TRUTH IN SAVINGS DISCLOSURE
This disclosure contains the rules that govern your deposit account as of July 1, 2018.
Kasasa Cash Back: A free variable reward checking account with no minimum balance that rewards accountholders with cash back on their debit card purchases and nationwide ATM withdrawal fee refunds when they meet minimum qualifications during the account’s Monthly Qualification Cycle.
Purpose and Expected Use of Account
This account is intended to be the accountholder’s primary checking account in which payroll transactions and 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. 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.
LaSalle State Bank reserves the right to determine if the account is being maintained for a purpose other than day-to-day, primary use. Accountholders who persist in making debit card transactions in a calculated and limited fashion in order to meet their monthly qualifications may have their accounts converted to a different checking account or closed altogether. We also reserve the right to convert the account to a different checking account if the account does not have consistent active use over 12 consecutive Statement Cycles.
We have 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. No deposits will be accepted and no checks will be paid after the account is closed. If the account is closed, you will forfeit any rewards that have not been credited to your account. A LaSalle State Bank check for the remaining balance, if applicable, will be mailed to accountholder at the address indicated on our current records. Upon termination of your Kasasa Cash Back account, any optional add-on products / services associated with this account will also be terminated at the same time.
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:
At least 12 debit card purchases
Be enrolled in and log into online banking at least once during the Monthly Qualification Cycle
Be enrolled in and have agreed to receive e-statements 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 our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. 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 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. “Banking Day” means any business day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions. “Business Day” means a calendar day other than a Saturday or a Sunday, January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 falls on a Sunday, the next Monday is not a Business Day.
“Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account.
When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 3.00% cash back on up to a total of $200.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back payments may be earned per Monthly Qualification Cycle.
You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back 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 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 last day of the current 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.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account. See accompanying LaSalle State Bank Fee Schedule for fees that may apply to this account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications. Limit of 1 account per Social Security Number. 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 bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.