CommonWealth One Offer

Bonus Details

Earn 5.50% APY on qualifying balances up to $30,000; the portion above $30,000 earns a 0.49886% dividend rate. Without monthly qualifications, all balances earn 0.05% APY. Qualifying accounts also receive up to $25 in nationwide ATM withdrawal fee reimbursements per monthly qualification cycle.

How To Qualify

Every month, you need at least one ACH credit/ACH payment or direct deposit, and at least 15 PIN-based or signature-based debit card purchases. Also must be enrolled in e-statements, enrolled in and logged into online banking, and keep a valid email address on record. Failing to meet requirements in a month will result in 0.05% APY for that statement cycle.

APY Details

Qualifying average daily balances up to $30,000 earn 5.50% APY. The portion above $30,000 earns a 0.49886% dividend rate; the advertised blended APY range is 1.65%–5.50%, depending on balance. If monthly qualifications are not met, the entire balance earns 0.05% APY.

APY Requirements

Every month: at least one ACH credit, ACH payment, or direct deposit, and at least 15 PIN-based or signature-based debit card purchases. You also have to be enrolled in e-statements, enrolled in and logged into online banking, and keep a valid email address on record.

The Fine Print

Monthly Fees: None
Account Type: Kasasa Cash Checking
Expiration Date: None Listed
Additional Requirements: A separate Share Savings account requires $5 to open and maintain credit union membership.
Availability: Virginia, Maryland, Washington D.C., North Carolina, West Virginia, Kentucky, Tennessee

Monthly Fee Details

No monthly maintenance fee nor minimum balance

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

Reward Information: 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: 1Kasasa Cash: average daily balances up to and including $30,000 receive an APY of 5.50%; and average daily balances over $30,000.00 earn a dividend rate of 0.49886% on the portion of the average daily balance over $30,000.00, resulting in a range from 1.65% to 5.50% APY depending on the account's average daily balance.2You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made, nationwide ATM withdrawal fees are not reimbursed and: Kasasa Cash: the entire average daily balance in the Kasasa Cash account earns 0.05% APY. Qualification Information: To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your linked Kasasa Cash account during each Monthly Qualification Cycle: At least 1 direct deposit, ACH credit, or ACH payment transaction(s) At least 15 PIN-based or signature-based debit card purchases Be enrolled in and have agreed to receive e-statements rather than paper statements Be enrolled in and log into online banking Maintain a valid email address on record with our credit union 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. There are no recurring monthly maintenance charges or fees to open or close this account.