Arkansas residents and others around the country can benefit from 4.44% APY if they open a Kasasa Cash checking account with First Arkansas Bank. A few perks of opening one of these accounts includes:
- No miminum balance
- Free checking
- Worldwide ATM fee refunds
- Free online banking
In order to maintain the special 4.44% APY, you must meet the following qualifications each month:
- A minimum of 10 debit card purchases
- 1 Direct Deposit, ACH automatic payment, or online bill pay
- Receive electronic statements
- Access your account online
If you don’t meet your monthly requirement, your APY will drop to the base, which is 0.05%. However, if you meet the requirements the following month, you will qualify for the 4.44% APY again.
Living in Arkansas is not required to open an account with First Arkansas Bank. You need a valid driver’s license or state-issued ID, Social Security number, checkbook, and previous home address (if less than 2 years at current residence). To apply online, click here
***For specials on CD rates, visit Go Banking Rates
