Kasasa Accounts
Not all banks are the same. Not all checking accounts are either.
In the spirit of doing things differently, here at Passumpsic Bank we’re offering Kasasa checking accounts. With a Kasasa account, you can take advantage of:
No monthly fees
High interest rate up to 5.00% APY*
Earn cash back or cool rewards
Pretty wild, right? Stop by your local branch or open your Kasasa account online. You can choose an account with benefits that suit your needs. No matter where you’re at in life, start your adventure with Passumpsic Bank.
It's how we thank you for banking with us
When you choose Kasasa through Passumpsic Bank you get:
- A detailed monthly statement
- Free internet banking service
- Overdraft protection available
- 24-hr banking at Passumpsic Bank ATMs
- Free online bill pay service
- ATM/Debit card available
Choose the checking account that best suits you and your family:
Comparing Accounts
Effective Date: Saturday, December 21, 2024
| Kasasa Cash® | Kasasa Cash Back® | Kasasa Tunes® | |
|---|---|---|---|
| Free Checking | ✓ | ✓ | ✓ |
| Monthly reward when qualifications are met** | 5.00% APY* paid on balances up to $15,000 if qualifications are met. .20% APY* on balances of $15,000 and over. .05% APY* on all balances even if qualifications aren't met. | 3.00% cash back on debit card purchases---that's up to $6.00 per month. | Up to $5 in refunds on iTunes®, Amazon® & Google Play™ purchases each month. $20 in refunds for opening an account |
| Refunds on ATM fees, nationwide*** | Up to $20 per month*** | Up to $20 per month*** | Up to $20 per month*** |
| No minimum balance to earn rewards | ✓ | ✓ | ✓ |
| No monthly maintenance fees | ✓ | ✓ | ✓ |
| Kasasa Saver® available | ✓ | ✓ | |
| Minimum deposit to open | $25 | $25 | $25 |
| Free debit card & online banking | ✓ | ✓ | ✓ |
| Unlimited checking | ✓ | ✓ | ✓ |
*Annual Percentage Yield as of May 10, 2024 and can change at any time.
** Qualification cycle means the period beginning on the 2nd Wednesday of the month through the business day prior to the 2nd Wednesday of the following month
***ATM fees up to $4.99 per transaction incurred during the monthly qualification cycle (maximum reimbursement is $20.00 per monthly qualification cycle) when the qualifications are met each monthly qualification cycle.
Here’s how to earn your Kasasa rewards…
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account during each Monthly Qualification Cycle:**
- At least 12 debit card purchases (exclude ATM transactions)
- At least 1 automatic payment(s) (ACH debit transaction or direct deposit)
- Be enrolled in and agree to receive e-statements
Plus, there are no additional qualifications to earn a higher Kasasa Saver rate. Just meeting for Kasasa Cash or Kasasa Cash Back qualifications and get a higher rate on your savings, too!
Add Kasasa Saver – an automatic way to save!
Have your rewards transferred into a free Kasasa Saver account – where you can earn up to a .50% APY* on balances up to $50,000, each qualification cycle that you qualify .15% APY* on balances over $50,000 or a .05% APY*, even if you don’t meet your qualifications for the month.
Frequently Asked Questions
Answer:
Yes. There’s never a monthly maintenance fee on any Kasasa account, even if you keep a really low balance. Also, there’s no minimum balance required to earn your rewards.
Answer:
Yep! The simple things you do to earn you Kasasa rewards (we call them “qualifications”) actually help us save money every month. The rewards and refunds are our way of saving “thanks!”
Answer:
You won’t earn your rewards, but there’s no penalty fee – you still have a free checking account. And you can get right back to earning your rewards the very next qualifications cycle.
Answer:
Because Kasasa is more than free checking and monthly rewards. It’s a vote of confidence in your local community. So be proud, bank local, and get rewarded for it!