Update 10/2/22: Per email, it’s changing on October 20th to 4% on up to $15,000 when qualifications are met (ht Michael)
Update 12/29/21: Kasasa Checking is now 2.0% up to $10,000.00 and Kasasa Saver is 1.0% up to $25,000.00.
Update 2/24/21: Down to 2% now.
Offer at a glance
- Interest Rate:Â 2.5% APY
- Minimum Balance: None
- Maximum Balance:Â $25,000
- Availability:Â Nationwide
- Direct deposit required:Â No, ACH credit or debit transaction works
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Insured:Â FDIC
The Offer
- The Bank of Denver is offering 3% APY on balances up to $25,000 when the following requirements are met each qualification cycle:
- At least 12 debit card purchases
- At least 1 ACH credit or debit transaction
- Be enrolled in and agree to receive e-statements
Avoiding Fees
This account has no monthly fees to worry about
Our Verdict
Need to know if it’s a hard or soft pull. This can be opened nationwide but personally I can’t see this rate lasting too long if that’s the case. We will add this to the best high yield savings accounts.