Kasasa Cash Back

Get 1.60% cash back on qualifying debit card purchases when you sign up for free Kasasa Cash Back® checking. Plus, we’ll refund your ATM fees nationwide. To earn rewards, simply do the things that make banking more convenient, like sign up for e-statements and online banking. Kasasa®—a new way to bank.

What is Kasasa?

Kasasa checking and savings accounts are exclusively available at community banks and credit unions. The purpose of Kasasa accounts is to benefit individual account holders and their communities. You can enjoy free checking with cash back rewards without giving up the personal service you enjoy from Flanagan State Bank.

Benefits of a Kasasa Cash Back Account

  • Free checking that pays 1.60% cash back on debit card purchases. Earn up to $6.40 back a month!*
  • Get refunds on ATM fees nationwide*
  • Link to Kasasa Saver® for automatic savings
  • Have Kasasa Cash Back rewards transferred to Saver
  • No minimum balance required to earn rewards
  • No monthly service fee
  • Free online banking & bill pay, plus free mobile banking
  • Free e-statements
  • Free Visa® debit card
  • Unlimited check writing
  • $50.00 minimum opening deposit

How to Earn Rewards

We’ve made it really easy to rack up the rewards. All you have to do are the things that make banking easier anyway, like signing up for e-statements and online banking. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash Back account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and receive e-statement notice
  • Be enrolled in and log into online banking

That covers it! And if you don’t qualify one month, no problem! Your account is still free. You can get back to earning your full rewards the very next monthly qualification cycle!

Contact Us to Ask For Kasasa!

Are you looking for a cash back checking account in Central Illinois? Visit one of our locations to learn more or open a new Kasasa Cash Back account today. At Flanagan State Bank, we are one family helping another. Not sure if Kasasa Cash Back is right for you? Our friendly and knowledgeable employees can help you find the right account to meet your needs.

*APY=Annual Percentage Yield. APYs accurate as of 01/01/2021. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash Back and $50 for Kasasa Saver. When monthly qualifications are met, you will receive 1.60% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $6.40 per monthly qualification cycle. Domestic ATM fees incurred using Kasasa Cash Back debit card during qualification cycle will be reimbursed up to $20 if qualifications are met within monthly qualification cycle. Qualifying transactions must post to and settle to the account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle to the account. ATM-processed transactions do not count towards qualifying debit card transactions. “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. Kasasa Cash Back rewards will be credited to your Kasasa Saver account on the last day of the monthly statement cycle. If qualifications in Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 0.30%; and (2) balances over $10,000 in Kasasa Saver earn 0.15% interest rate on the portion of the balance over $10,000, resulting in 0.30% – 0.15% APY depending on the balance. If qualifications are not met on Kasasa Cash Back, all balances in the Kasasa Saver earn 0.03% APY. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Limit one account per SSN. Visa is a registered trademark of Visa International Service Association.