For a limited time, you can save big when you combine a rewards checking account with an auto loan from Freedom Credit Union.
Just set up automatic payment from a High Yield or Cash Back checking account at Freedom Credit Union and get a 1.50% discount on your auto loan. That means your auto loan rate could be as low as 4.99% apr on approved credit. Apply now.
To earn checking account rewards and maintain loan rate discounts, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa High Yield Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
At least 1 direct deposit, ACH credit, or ACH payment transaction(s)
At least 12 debit card purchases
Be enrolled in and have agreed to receive e-statements rather than paper statements
Maintain a valid email address on record with our credit union
Depending on what Kasasa account you have, you will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle:
Kasasa Cash: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, average daily balances up to and including $10,000.00 in your Kasasa Cash account earn a dividend rate of 4.889% resulting in an APY of 5.000%; and average daily balances over $10,000.00 earn a dividend rate of 0.250% on the portion of the average daily balance over $10,000.00, resulting in a range from 5.000% to 0.260% APY depending on the account's average daily balance.
Kasasa Cash Back: When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 2% cash back on up to a total of $500.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back payments may be earned per month.
ATM Fee Reimbursement: When your Kasasa High Yield Cash or Kasasa Cash Back qualifications are met, you will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa High Yield Cash or Kasasa Cash Back account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if you provide to us the ATM transaction receipt within sixty (60) calendar days of the withdrawal transaction.
Consumer Loan Discounts: You may be eligible for a discounted loan rate on your consumer loan if you maintain a qualifying rewards checking account. Refer to your consumer loan disclosure for more information.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle.
Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
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.
If Qualifications are not met:
Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made to Kasasa Cash Back accounts, the entire average daily balance in the Kasasa High Yield Cash account earns 0.01% APY, and ATM fee reimbursements are not made. Loan discounts provided for maintaining an active rewards checking account, if any, may be cancelled and the standard loan rate will be in effect. Refer to your consumer loan agreement for more information.
There is no monthly fee for rewards checking accounts, regardless of whether account qualifications are met.
If an account fails to meet monthly qualification requirements for three consecutive months, or for any five months in a twelve-month period, the account may be converted from a rewards account to a standard checking account. All future rewards including loan rate discounts will be terminated.
Dividends will be credited to your Kasasa Cash account on the last day of the current statement cycle.
APY = Annual Percentage Yield and is accurate as of 3/1/2023.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Membership restrictions may apply.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Qualifications, rates, rewards, fees, account specifics and restrictions may vary by account.
$5.00 minimum deposit is required to open the account.
There are no recurring monthly maintenance charges or fees to open or close this account. Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Federally insured by NCUA.
Kasasa, Kasasa Cash and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.