BankFirst 2% APY Checking on Balances up to $10,000

Offer at a glance

Contents

The Offer

BankFirst offers 2.02% APY on up to $10,000 with their Kasasa checking account; the interest is deposited into the linked Kasasa Saver account.

To be eligible for the 2% interest rate, the following qualifying activities are necessary:

Have at least one direct deposit or ACH payment transaction post and settle (tip: automate this by setting up a recurring transfer from another checking account)
Have at least 18 debit card purchases post and settle

The account requires e-statements. It also comes with up to $25 of ATM fee waivers, nationwide.

There aren’t any monthly fees on this account.

Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver
For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000.99 receive APY of 2.02%; and (3) portion of balance over $10,000.99 will earn 0.15% APY depending on the balance.
If qualifications are not met on Kasasa Cash all balances earn 0.10% APY
Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle; “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle
Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound; the Kasasa Saver APYs may be less than Kasasa Cash APYs
ATM receipt must be presented for reimbursement of an individual ATM fee of $10.00 or higher
Direct Deposits include payroll, Social Security, and other government benefits, and tax refunds
Limit one account per Social Security Number (SSN)