Day Air Credit Union (OH) Kasasa Products Remain Competitive


Deal Summary: Kasasa Cash Checking, 2.00% APY, up to $25k; Kasasa Saver, 1.00% APY, up to $100k.

Availability: Nine Ohio counties (Miami Valley)

Day Air Credit Union (Day Air) has been offering Kasasa brand products for more than five years. The Kasasa Cash Checking’s initial 2.00% APY on qualifying balances up to $25k is still in effect. Qualifying balances of $25k+ earn 0.25% APY, with non-qualifying balances earning 0.02% APY.

The monthly qualifying requirements are straightforward and do not include a direct deposit or ACH transaction.

  • Have at least 12 debit card purchases
  • Enroll in and agree to receive eStatements
  • Enroll in and log into online banking at least once a month

The Kasasa Cash Checking account has no monthly service fee, no minimum balance requirement, and no minimum opening deposit requirement. Unlimited check writing is available and a free Visa debit card will be issued following account opening. Nationwide ATM fees will be reimbursed up to $15 per month, if the qualifying requirements are met. There is a limit of one account per membership.

Kasasa Saver

The Kasasa Saver account links to a Kasasa Cash Checking/Kasasa Cash Back account, with automatic transfer of earned rewards on a monthly basis. Qualifying balances earn 1.00% APY up to $100k, with qualifying balances of $100k+ earning 0.25% APY; non-qualifying balances earn 0.02% APY.

Like the Kasasa Cash Checking, the Kasasa Saver has no monthly service fee, no minimum balance requirement, or minimum opening deposit requirement. There is a limited of one Kasasa Saver account per membership.

Annual Earnings of Combined Kasasa Cash Checking/Kasasa Saver Accounts

The potential combined annual earnings of the Kasasa Cash Checking (2.00% APY/$25k) and the Kasasa Saver (1.00% APY/$100k) is approximately $1,500 (1.20% APY/$125k), which is an unusually high rate for such a large balance.

Kasasa Cash Back

Day Air offers a Kasasa Cash Back account that earns 2.00% cash back on the first $500 in monthly debit card purchases (PIN and signature). If you are planning on maintaining a balance of less than $6,000, the Kasasa Cash Back account would probably be a better deal than the Kasasa Cash account, as the maximum annual earnings for the Kasasa Cash Back account is $120 ($10 per month).

The Kasasa Brand

For those not familiar with the Kasasa brand, Kasasa Cash is a type of Reward Checking Account (RCA) developed by the Texas company, Kasasa, Ltd. According to the Kasasa website,

Kasasa: the free checking account that rewards each month for doing things you already do.

By performing certain actions valuable to your bank or credit union, like using your debit card or online banking, your institution makes more money, which they share with you in the form of rewards.

In case you were wondering, “Kasasa” is just a made-up word.

In a world where real-life people are too often taken for granted as account numbers,
we didn’t want to be the next [INSERT GENERIC NAME] checking account.


Headquartered in Kettering, Ohio, Day Air Credit Union’s field of membership (FOM) is primarily residency-based, with individuals who live, work, worship, or attend school in any of the following nine Ohio counties (Miami Valley) eligible to join: Butler, Champaign, Clark, Darke, Greene, Miami, Montgomery, Preble, or Warren.

University of Dayton students, alumni, faculty, and staff qualify for membership, regardless of where they live. Employees of the Dayton VA Medical Center are also eligible to join.

Immediate family members of current Day Air members are also welcome to apply. Immediate family is defined as “spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, step-siblings, and adoptive relationships.”

Joining Day Air and/or opening a Kasasa brand account can be done online, or at any of five Ohio branches, located in Beavercreek, Centerville, Dayton (2), and Kettering. Appointments are strongly recommended and can be scheduled online.

The Membership Application is also available as a download, which can be returned by mail or in-person to any of the above mentioned branch locations.

A $5 minimum deposit in an Ownership Share Account establishes a Day Air membership.

Day Air participates in both the CO-OP Shared Branch network and ATM network.

Credit Overview

Day Air Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.06% (excellent), based on December 31, 2020 data. In the past year, Day Air has increased its total non-brokered deposits by $264.75 million, an excellent annual growth rate of 44.31%. Please refer to our financial overview of Day Air Credit Union (NCUA Charter # 66835) for more details.

Established in 1945, Day Air Credit Union’s founding members were 26 employees of the United States Air Force Depot – Gentile Station (aka DESC). The Day Air name incorporates “Dayton” and “Air Force,” descriptive of the original FOM: employees of the Defense Electronics Supply Center. In 2001, Day Air adopted a community based FOM, gradually expanding into nine Miami Valley counties. Currently Ohio’s 13th largest credit union, Day Air has more than 46,000 members and assets in excess of $524 million.

How the Kasasa Cash Checking Compares

When compared to High Yield Reward Checking Accounts tracked by, which are available within the FOM and have maximum qualifying balances of at least $25k, Day Air Credit Union’s Kasasa Cash Checking APY currently ranks third.

The above information and rates are accurate as of 4/9/2021.

To look for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account Rates Table page.

Related Pages: Dayton savings accounts, savings accounts, reward checking accounts


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.