Mancolt
Level 2 Member
Is anyone familiar with, or does anyone have a Kasasa Cash or Kasasa Saver account? It seems almost too good to be true. Local Credit Unions and Banks have banded together under the Kasasa moniker and are able to offer unparalleled APYs on deposits/balances. The website is: https://kasasa.com/ and a list of Kasasa banks/CUs can be found here: https://www.depositaccounts.com/kasasa/
There are a large number offering 2.00% APY on balances up to $10k, and sometimes up to $25k or more. They also appear to offer Kasasa Saver accounts, which earn 1.00% APY (comparable to the best major online banks) with a fair number of them offering that on up to $25k (some as high as $50k). The limits are a little disappointing, but probably worth the hassle to set up given the double or more interest rates they offer.
The biggest challenge I've seen is filtering down to those in your local area, and that you might be eligible for. Looks like I have a lot more reading to do.
Searching this forum turned up a few mentions of Kasasa accounts, but nothing more. They were mentioned as a very small part of the larger thread discussions.
There are a large number offering 2.00% APY on balances up to $10k, and sometimes up to $25k or more. They also appear to offer Kasasa Saver accounts, which earn 1.00% APY (comparable to the best major online banks) with a fair number of them offering that on up to $25k (some as high as $50k). The limits are a little disappointing, but probably worth the hassle to set up given the double or more interest rates they offer.
The biggest challenge I've seen is filtering down to those in your local area, and that you might be eligible for. Looks like I have a lot more reading to do.
Searching this forum turned up a few mentions of Kasasa accounts, but nothing more. They were mentioned as a very small part of the larger thread discussions.