JACKSON, Miss. – Magnolia FCU now is offering rewards-based Kasasa checking and savings accounts.
The $90 million credit union is offering two Kasasa banking products, including Kasasa Cash and Kasasa Saver. All Kasasa products are free accounts, with no minimum balance, no monthly fees, free online banking and nationwide ATM fee refunds.
Kasasa Cash is a free checking account that pays high interest in cash every month.
Kasasa Saver is a high-interest savings account linked to a Kasasa Cash checking account. The high interest and ATM fee refunds earned in the Kasasa Cash accounts are automatically deposited into Kasasa Saver accounts each month. Balances in Kasasa Saver accounts also earn a high rate of interest.
To receive Kasasa account benefits, account holders need to meet easy monthly qualifications, including receiving an e-Statement, accessing online banking, using a debit card and making an electronic transaction.
Kasasa is a product of BancVue of Texas.
