Kasasa Cash®

Make your money work for you!

Would you like to earn hundreds of dollars a year from a checking account?  Believe it, it’s true.  Welcome to ONB’s newest checking account, Kasasa Cash® Checking.  We will pay you 1.01% APY* on your checking account when you use your debit card at least 12 times a qualification cycle, have one direct deposit or Automatic Payment from your account, and enroll and receive electronic statements.  What could be easier? We will pay you 1.01% APY* to use your money, not tie it up for 12 months or longer, and get ATM Fee Refunds Nationwide!*Kasasa 1


Further Benefits:

  • Unlimited check writing
  • Interest is earned, rate is variable
  • Direct deposit available
  • E-Statements
  • Free introductory checks
  • Free return of imaged checks
  • Free Online Banking
  • Free Bill Pay *
  • ATM Cash Card available to qualified customers
  • MasterCard ® Check Card available to qualified customers. Apply today! *
  • Ready Reserve available to qualified customers. Apply today! *
  • FDIC Insured up to $250,000 per depositor

REWARD RATE QUALIFICATIONS PER QUALIFICATION CYCLE:

  • Minimum of 12 Debit Card Transactions post and clear per qualification cycle
  • Enroll and Receive Electronic Statements
  • Have at least one Direct Deposit or one Automatic Payment post and clear per qualification cycle

* APY = Annual Percentage Yield. APYs accurate as of 07/27/2015. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Minimum to open is $25 for Kasasa Cash. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $25,000.00 receive APY of 1.01%; and balances over $25,000.00 earn 0.25% interest rate on the portion of balance over $25,000, resulting in a range from 1.01% to 0.25% APY depending on the account’s balance and (2) you will receive reimbursements up to$25.00 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash qualifications are not met, all balances in the account earn 0.15% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle. Qualification Information: 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. ATM-processed transactions do not count towards qualifying debit card transactions. “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. Direct Deposit or ACH credit/debit and receipt of electronic statements are conditions of this account. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit one account per social security number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. There are no recurring monthly service charges or fees to open or close this account. Inactivity fee of $5.95 per month after two consecutive months of non-use of active Billpay feature. Please contact an ONB customer service representative with any questions by calling 1-507-280-0621 or use Secure Messaging via your online banking account. Check card and Ready Reserve subject to credit approval. Member FDIC.

QUALIFICATION CYCLES:

June 15, 2016 – July 19, 2016
July 20, 2016 – August 16, 2016
August 17, 2016 – August 20, 2016
August 21, 2016 – October 18, 2016
October 19, 2016 – November 15, 2016
November 16, 2016 – December 20, 2016
December 21, 2016 – January 17, 2017
January 18, 2017 – February 14, 2017
February 15, 2017 – March 14, 2017
March 15, 2017 – April 18, 2017
April 19, 2017 – May 16, 2017
May 17, 2017 – June 20, 2017
June 21, 2017 – July 18, 2017
July 19, 2017 – August 15, 2017
August 16, 2017 – September 19, 2017
September 20, 2017 – October 17, 2017
October 18, 2017 – November 14, 2017
November 15, 2017 – December 19, 2017
December 20, 2017 – January 16, 2018

Patent Pending, BancVue, Ltd. test