Texas residents can take advantage of a 5.01% APY on the Kasasa Cash rewards checking account from Founders Bank. Here are the requirements that must be met to qualify for this great rate:
- 10 debit card purchases
- 1 direct deposit or automatic payment
- Participate in online banking
- Receive e-statements
If you meet the requirements each month, you will receive the following perks:
- 5.01% APY on balances up to $10,000
- 2.25% APY on balances over $10,000
- 0.05% APY base rate if qualifications aren’t met
- Refunds on all ATM fees nationwide
A few benefits of the account regardless of meeting qualifications include no monthly service charge, no minimum balance requirement,and free online bill pay. However, there is a $100 minimum initial deposit required.
Only Texas residents are permitted to open an account and applications available online or at a Texas branch.
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