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Kasasa Cash Back

Get paid just for making everyday purchases with your debit card!


Free Kasasa Cash Back® checking pays you to shop — seriously. You’ll get 1.50% cash back on debit card purchases up to $5 per month when you do simple banking basics.* That means your morning latte just paid for itself. Plus, enjoy ATM fee refunds anywhere in the country, so you can travel with the confidence of knowing that any ATM is your ATM.


If you are an existing account holder and wish to switch to a Kasasa® account, please submit a Contact Us form explaining your request.

  • Free checking that pays you back
  • 1.50% cash back on debit card purchases*
    • No category restrictions on purchases
    • Earn up to $5 cash back per month
  • No monthly fees
  • No minimum balance to earn rewards
  • Refunds on ATM fees, nationwide (up to $10 monthly)*
  • $50 deposit to open
  • Free debit card
  • Free online banking/Mobile banking
  • Free online statements
  • Online image access
  • Direct deposit available
  • Overdraft protection available
  • FDIC insured


To earn your rewards, just do the following transactions and activities in your Kasasa Cash Back account during each Monthly Qualification Cycle:


    • Have at least 16 Debit MasterCard® point of sale transactions post and settle
    • Be enrolled in and log into online banking
    • Be enrolled in online statements via online banking

That’s it! Even if you don’t meet your qualifications during the cycle, your Kasasa Cash Back account is still free. And you can get right back to earning your cash rewards the very next month!

*Kasasa Cash Back® - Qualification Information: 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. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and debit card purchases processed by merchants and received by our bank as ATM transactions, “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash Back® account qualifications are met during a Monthly Qualification Cycle, you will receive: (1) 1.50% cash back up to a $5.00 maximum on debit card purchases that post and settle to the account during that cycle period and (2) reimbursements up to $10.00 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. If you believe you have not been reimbursed the correct amount of ATM Fees, you must contact us within thirty (30) calendar days of transaction after the Statement Cycle where the reimbursement was applicable in order to receive a refund. When Kasasa Cash Back® qualifications are not met, no cash back payments are made debit card purchases and ATM fees are not refunded. Cash back payments and ATM fee reimbursements will be credited to your Kasasa Cash Back® account on the last day of the statement cycle. At our discretion, rewards may change at any time after account is opened.  Purpose and Use Expectations: The Kasasa Cash Back® account is intended to be the accountholder’s primary checking account in which payroll transactions and day-to-day spending activities are posted and settled.  The account’s debit card is expected to be used frequently throughout each month and for transactions and amounts to reflect a wide dollar range.  The bank reserves the right to determine if this account is being maintained for a purpose other than primary, day-to-day use. Additional Information:   Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum $50.00 deposit is required to open the account. Monthly debit card point of sale purchases, enrollment in Online Statements, and monthly log-on to Online Banking required to meet account qualifications. You must provide a valid e-mail address.  Your statement will cycle at month-end at which time you will receive an email notification from us.  This account is not to be used for commercial purposes.  There is a limit of one (1) Kasasa account per household.  There are no recurring monthly service charges associated with this account.  If qualifications are not met during three (3) consecutive Statement Cycles, the bank reserves the right to convert this account to a different checking account. Contact an F&M customer service representative for additional information, details, and enrollment instructions.         


View our Kasasa Cash Back Qualification Cycle Calendar.