NEW! Kasasa Cash^® and Kasasa Cash Back^® Checking!

Our goal is to improve the lives of every member. Earning high returns on your money is one of your most powerful tools to attain wealth and security. Our Kasasa Cash and Kasasa Cash Back Checking accounts help you do just that, giving you the choice of how to grow your money. Say goodbye to ordinary checking accounts and hello to extraordinary benefits! 

Earning Rewards Could Not Be Easier:

Just do a few simple things you are probably already doing. Enrollments must be in place and all of the following transactions and activities must post and settle to either your Kasasa Cash^® or Kasasa Cash Back_^® account during each Monthly Qualification Cycle. 

To enjoy the 4.00% rewards, make sure you keep meeting the monthly qualifiers:

• At least 12 debit card transactions

• e-Statement required

• Online Banking or Mobile Banking login required (Minimum once a month)

NEW: Add a monthly direct deposit or ACH credit of $500 or more to qualify for the 5.00% reward!

We understand life gets busy. If you do not meet the qualifications one month, your account is still free, and you can try again the following month.

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 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 credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. 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. Go to https://www.idbglobalfcu.org/ or contact us at 202-623-3363 for specific Monthly Qualification Cycle dates.

"Banking Day" means any day on which an office of the credit union is open to the public for the purpose of carrying out substantially all of its banking functions or for processing.

"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 credit union provides a summary of the financial activities and transactions that post and settle to the accountholder's account. Go to https://www.idbglobalfcu.org/ or contact us at 202-623-3363 for specific Statement Cycle dates.

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.

Reward Information:

Kasasa Cash and Kasasa Cash Back – Multi Level qualifications are waived during the initial Monthly Qualification Cycle, and you will automatically be eligible for the Principal Rewards as described below, for that Statement Cycle. Account qualifications go into effect beginning the second Monthly Qualification Cycle.

Reward Information:

When Kasasa Cash – Multi Level account qualifications are met during a Monthly Qualification Cycle, you will receive:

• Kasasa Cash – Principal Rewards: daily balances up to and including $10,000 in your Kasasa Cash – Multi Level account earn a dividend rate of 3.93% resulting in an APY of 4.00%; and daily balances over $10,000 earn a dividend rate of 0.25% on the portion of the daily balance over $10,000, resulting in a range from 4.00% to 0.63% APY depending on the account's daily balance. APY calculation range above is based on an assumed balance of $100,000. Rates and rewards are variable and may change after the account is opened.

or

• Kasasa Cash – Enhanced Rewards: daily balances up to and including $10,000 in your Kasasa Cash – Multi Level account earn a dividend rate of 4.89% resulting in an APY of 5.00%; and daily balances over $10,000 earn a dividend rate of 0.25% on the portion of the daily balance over $10,000, resulting in a range from 5.00% to 0.73% APY depending on the account's daily balance. APY calculation range above is based on an assumed balance of $100,000. Rates and rewards are variable and may change after the account is opened.

When Kasasa Cash Back - Multi Level account qualifications are met during a Monthly Qualification Cycle, you will receive:

• Kasasa Cash Back - Principal Rewards: You will receive 4.00% cash back on up to a total of $250 qualified debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 in cash back payments may be earned per Monthly Qualification Cycle.

or

• Kasasa Cash Back - Enhanced Rewards: You will receive 5.00% cash back on up to a total of $250 qualified debit card purchases that post and settle to the account during that cycle period. A maximum of $12.50 in cash back payments may be earned per Monthly Qualification Cycle.

You will receive reimbursements up to the aggregate total of $15 for ATM withdrawal fees incurred within your Kasasa Cash or Kasasa Cash Back - Multi Level account during that Monthly Qualification Cycle. A maximum of $5 per transaction incurred within your Kasasa Cash or Kasasa Cash Back - Multi Level account during the Monthly Qualification Cycle in which you qualified. NOTE: ATM fee reimbursements only apply to Kasasa Cash – Multi Level and Kasasa Cash Back – Multi Level transactions via ATM. 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 or Kasasa Cash Back – Multi Level account qualifications are not met during a Monthly Qualification Cycle, no cash back payments are made, and ATM withdrawal fees are not refunded and the entire daily balance in the Kasasa Cash - Multi Level account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05%.

Cash back payments, Cash dividends and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash or Kasasa Cash Back – Multi Level account on the last day of the current statement cycle.

APY = Annual Percentage Yield. APY accurate as of 01/01/2024. APY calculations are based on an assumed balance of $100,000 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 the 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 initial Monthly Qualification Cycle. If the account is closed before rewards are credited, you will forfeit the rewards.

Additional Information:
Membership eligibility requirements apply

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

No minimum deposit is required to open any Kasasa Cash or Kasasa Cash Back - Multi Level account.

At least 12 debit card transactions monthly, online banking or mobile banking login required (Minimum once a month), e-Statement required are qualifier(s) of Kasasa Cash or Kasasa Cash Back Principal Rewards account(s).

At least 12 debit card transactions monthly, online banking or mobile banking login required (Minimum once a month), e-Statement, and at least $500 monthly direct deposit or ACH credit transaction are required qualifier(s) of Kasasa Cash or Kasasa Cash Back Enhanced Rewards account.

Enrollment in electronic services (e.g. online banking, e-statements) and log-ons is required to meet some of your chosen Kasasa Cash or Kasasa Cash Back - Multi Level account qualifications.

Limit of one Kasasa Cash or Kasasa Cash Back - Multi Level account per member number.

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.

Advertised information and rewards are based on all account qualifications being met during each cycle period.

There are no recurring monthly maintenance charges nor any fees to open or close this account.

You may make an unlimited number of deposits in your account(s).

Contact one of our institution’s service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA

Trademarks:
Kasasa, Kasasa Cash and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

Kasasa Account Monthly Qualification Cycle Dates

Truth in Savings Account Disclosure - Savings & Checking