New Free Checking and Savings Accounts
Your Winston-Salem Federal Credit Union is excited to announce that we now offer three rewards-based Kasasa Checking Accounts with an add-on, high-yield Kasasa Savings account to our members. Best of all, these accounts are no-fee, have no minimum deposit, and are free to all WSFCU members!
Learn more about our new Kasasa Accounts by clicking any of the following links:
Kasasa Cash Back
Please contact us at 336-727-2663 if you have questions or visit us in branch to meet with a Financial Services Representative and set up your Kasasa Checking Account to start earning rewards, today!
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, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. Please contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
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: Kasasa Cash: average daily balances up to and including $5,000 receive an APY of 1.25%; and average daily balances over $5,000 earn a dividend rate of 0.35% on the portion of the average daily balance over $5,000, resulting in a range from 1.25% to 0.39% APY depending on the account's average daily balance. Kasasa Cash Back: you will receive 4.00% cash back on up to a total of $300 debit card purchases that post and settle to the account during that cycle period. A maximum of $12 cash back payments may be earned per Monthly Qualification Cycle. Kasasa Saver: average daily balances up to and including $7,500 in your Kasasa Saver account earn an APY of 0.75% and average daily balances over $7,500 earn a dividend rate of 0.35% on the portion of the average daily balance over $7,500, resulting in a range from 0.75% to 0.38% APY depending on the account's average daily balance. Kasasa Tunes: you will receive up to an aggregate total of $15 (which includes any applicable taxes) in refunds for any iTunes, Amazon.com or Google Play purchases. In order to be refunded, iTunes, Amazon.com, Google Play purchases must be made with your Kasasa Tunes debit card and must post and settle to your account no more than thirty (30) days after the Monthly Qualification Cycle in which you qualified ends. Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made, iTunes, Amazon.com or Google Play purchases are not reimbursed and: Kasasa Cash: the entire average daily balance in the Kasasa Cash account earns 0.01% APY. Kasasa Saver: the entire average daily balance in the Kasasa Saver account earns 0.01% APY. Dividends will be credited to your Kasasa Cash and Kasasa Saver accounts on the last day of the current statement cycle. If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply: Kasasa Cash: When linked to a Kasasa Saver account, the dividends earned within the Kasasa Cash account do not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account, if the account balance is less than the transferred amount when the transfer occurs. Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of 06/01/2021. APY calculations are based on an assumed balance of $5,000 + $100,000 in your Kasasa Cash account and $7,500 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information: Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Qualifications, rates, rewards, fees, account specifics and restrictions may vary by account. No minimum deposit is required to open the account. No deposit is required to open the account. Enrollment in online banking and e-Statements are a conditions of Kasasa Saver's linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes accounts. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of Kasasa Saver's linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account's qualifications. Limit of one (1) account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. A Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally insured by NCUA.
Trademarks: iTunes is a registered trademark of Apple, Inc. Amazon.com is a registered trademark of Amazon.com. Google Play is a registered trademark of Google, Inc. Apple Inc., Amazon.com and Google, Inc. are not participants in or sponsors of this program. Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Saver and Kasasa Tunes are trademarks of Kasasa, Ltd., registered in the U.S.A.