Kasasa Terms and Conditions
Kasasa Cash
*For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 per statement cycle and credited to account on the last business day of monthly statement cycle; (2) balances up to $7,500 receive APY of 2.00%; and (3) balances over $7,500 earn 0.25% interest rate on the portion of the balance over $7,500, resulting in 2.00% – 0.37% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% APY. Qualifying transactions must post and settle to the Kasasa Cash account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post and settle to the account. The following activities do not count towards earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Sunrise Banks as ATM transactions and purchases made with non-Sunrise Banks issued debit cards. “Monthly Qualification Cycle” means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Contact a Sunrise Banks Relationship Banking representative for additional information. Kasasa Cash is a trademark of BancVue, Ltd., registered in the U.S.A.
***Bill Pay will become inactive after 3 months of inactivity.
Kasasa Cash Back
*When monthly qualifications are met, you receive 2% cash back on debit card purchases that post and settle to the account during monthly qualification cycle up to a total cash back of $10 per monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post and settle to the account. 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 Sunrise Banks as ATM transactions and purchases made with non-Sunrise Banks issued debit cards. “Monthly Qualification Cycle” means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle. Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 per statement cycle if qualifications are met within monthly qualification cycle. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Kasasa Cash Back is a trademark of BancVue, Ltd., registered in the U.S.A. Contact a Sunrise Banks Relationship Banking representative for additional information.
***Bill Pay will become inactive after 3 months of inactivity.
Kasasa Saver
Kasasa Cash with Kasasa Saver
*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 Sunrise Banks as ATM transactions and purchases made with non-Sunrise Banks issued debit cards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s): Kasasa Cash: (1) Balances up to $7,500 receive APY* of 2.00%; and balances over $7,500 earn .25% interest rate on the portion of balance over $7,500, resulting in a range from 2.00% to .37% APY depending on the account’s balance and Kasasa Saver: (2) Balances up to $7,500 receive APY of .30% and balances over $7,500 earn .15% interest rate on the portion of balance over $7,500, resulting in a range from 0.30% to .16% APY depending on the account’s balance. ATM Fee Reimbursements: You will receive reimbursements up to $20.00 per statement cycle for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash qualifications are not met ATM fees are not refunded and all balances in your Kasasa Cash account and in your Kasasa Saver account earn 0.01% APY* and 0.01% APY respectfully. The interest earned in your Kasasa Cash account is automatically transferred to your Kasasa Saver account. Interest and ATM fee reimbursements will be transferred to your Kasasa Saver account on the business day following the day they were credited to your Kasasa Cash account. When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Consequently, when linked to Kasasa Saver, and your Kasasa Cash qualifications are met, balances up to $7,500 in your Kasasa Cash account receive a non-compounding APY of 2.00%; and balances over $7,500 earn .25% interest rate on the portion of the balance over $7,500, resulting in a non-compounding range from 2.00% to 0.37% APY depending on the account’s balance. When your Kasasa Cash qualifications are not met, all balances in the Kasasa Cash account earn a non-compounding APY of 0.01%. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Contact a Sunrise Banks relationship banking representative for additional information. Kasasa Cash and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.
Kasasa Cash Back with Kasasa Saver
*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 Sunrise Banks as ATM transactions and purchases made with non-Sunrise Banks issued debit cards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s): Kasasa Cash Back: (1) 2.00% cash back on up to a total of $500 in debit card purchases that post and settle to the account during the monthly qualification cycle. A maximum of $10 cash back may be earned per Monthly Qualification Cycle and Kasasa Saver: (2) Balances up to $7,500 receive APY of .30% and balances over $7,500 earn .15% Interest rate on the portion of balance over $7.500, resulting in a range from .30% to .16% APY depending on the account’s balance. You will also receive reimbursements up to $20 per statement cycle for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash Back qualifications are not met, no cash back payments are made and ATM fees are not refunded. Cash back payments and ATM fee reimbursements will be credited automatically to your Kasasa Saver account on the last business day of statement cycle. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Contact a Sunrise Banks relationship banking representative for additional information. Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.
APY= Annual Percentage Yield.