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NBC News Article On Kasasa Cash Reward Checking Accounts

Tuesday, February 12, 2013 - 4:25 PM
This NBC News article is a little too positive about Kasasa Cash (reward checking) accounts by highlighting 3% and 4% interest rates. These are rare today, especially for $25K balance caps. Nevertheless, it has a few interesting stats on Kasasa Cash accounts:
A financial institution saves around $2 a month when an e-statement replaces a paper one. They make money every time you use your debit card. People who use online banking are more self-serve and that helps reduce overhead costs.

And it turns out, someone who has Kasasa checking is also twice as likely to apply for a loan.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708