Update 10/2/22: Per email, it’s changing on October 20th to 4% on up to $15,000 when qualifications are met (ht Michael)
Update 12/29/21: Kasasa Checking is now 2.0% up to $10,000.00 and Kasasa Saver is 1.0% up to $25,000.00.
Update 2/24/21: Down to 2% now.
Offer at a glance
- Interest Rate: 2.5% APY
- Minimum Balance: None
- Maximum Balance: $25,000
- Availability: Nationwide
- Direct deposit required: No, ACH credit or debit transaction works
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Insured: FDIC
The Offer
- The Bank of Denver is offering 3% APY on balances up to $25,000 when the following requirements are met each qualification cycle:
- At least 12 debit card purchases
- At least 1 ACH credit or debit transaction
- Be enrolled in and agree to receive e-statements
Avoiding Fees
This account has no monthly fees to worry about
Our Verdict
Need to know if it’s a hard or soft pull. This can be opened nationwide but personally I can’t see this rate lasting too long if that’s the case. We will add this to the best high yield savings accounts.
View Comments (192)
It has min balance, and charged me 35 USD. I'm closing this account.
Could you share what you did to get account closed?
It has changed to MidWestOne Bank.
Not nationwide. I was rejected because I was OOS. They said that was the only reason to reject me.
Thanks Sue!! I was about to apply.
Checking account now offers 5% for up to $25k. I may jump on this now.
Credit card funding?
Got an email, BoD is now 5% APY up to $15,000
12 debit card purchases must each be at least $5.
@chucksithe @will Update: Kasasa Checking is now 2.0% up to $10,000.00 and Kasasa Saver is 1.0% up to $25,000.00.
Updated, thanks
Did anyone keep a copy of the Cycle Date Information that shows the Kasasa cycle would end this month on 09/21/2021? I'm sure it was that way originally and I marked it on my calendar, but it now shows and did end as 09/14/2021.
I just contacted The Bank of Denver, the checking APY is 2%, the saving is 1%. Any idea what better APY account I should switch to?