Check out 5 Star Bank Free Kasasa Cash Checking Account to earn 2.00% APY on up to $25,000 maximum balance. It’s a free checking account that pays high interest.

To earn reward you must have per month, you must have at least 12 debit card purchases post and settle, log into online banking, receive eStatements, and must be a Colorado Springs Resident to open this account.

5 Star Bank Free Kasasa Cash Checking Summary

• Account Type: Free Kasasa Cash Checking
• Interest Rate: 2.00% APY
• Maximum Balance: $25,000
• Availability: Colorado Springs, CO (Bank Locator)
• Expiration Date: None
• Credit Inquiry: Hard pull or soft pull? Let us know
• Opening Deposit: $50 minimum
  
• Credit Card Funding: Unknown
• Direct Deposit Requirement: Optional
• Monthly Fee: No
• Refunds on ATM Fees: Yes(up to $20 monthly)
• Additional Requirements: access online banking, receive eStatements, have 12 or more POS transactions, and must be a Colorado Springs Resident to open this account.
• Closing Account Fee: Cancellation fees may apply. Be sure to speak with your representative.

Application Link

5 Star Bank Free Kasasa Checking Account – Must be a Colorado Springs Resident to open this account.

How To Earn 2.00% APY :

1. Sign up to 5 Star Bank Free Kasasa Checking Account to earn 2.00% APY for up to $25,000.
2. Signing on to Online Banking at least once a month
3. Receiving eStatements.
4. Have at least 12 debit card purchases post and settle per month.

Author’s Verdict

I think the 5 Star Bank Free Kasasa Checking Account would be a good fit for you if you live in the Colorado Springs area. The minimum to open is only $50 which is pretty low.

There is no monthly fees and no minimum balance to earn rewards which means that you’ll be earning rewards on your account every month for simply just doing basic banking.

If you have had any experiences with this bank, please let us know in the comment section below. For more reward checking accounts, you can check out our entire list of Best Reward Checking Accounts.