Hardin County Bank Offers Kasasa Products In AL, MS, and TN


Deal Summary: Kasasa Cash, 2.00% APY on qualifying balances up to $25k. Kasasa Saver, 1.50% APY on qualifying balances up to $100k.

Availability: Alabama, Mississippi, and Tennessee

The Hardin County Bank (HCB) added the Kasasa brand to its product line about three years ago. The Kasasa Cash checking account currently earns 2.00% APY on qualifying balances up to $25k. Qualifying balances over $25k earn 0.25% APY, with non-qualify balances earning 0.05% APY.

The monthly qualification requirements are easily fulfilled and do not include a direct deposit or ACH transaction.

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive e-Statements.
  • Be enrolled in and log into online banking/mobile app at least once

The Kasasa Cash account has no minimum balance requirement or monthly service fee, but does require a $100 minimum opening deposit. Unlimited check writing is available and a free debit card will be issued following account opening. Unlimited nationwide ATM fees will be reimbursed each month, if qualification requirements are met. There is a limit of one Kasasa Cash account per Social Security number. A Kasasa Cash/Kasasa Cash Back account is required to have a Kasasa Saver account.

Kasasa Saver

The Kasasa Saver currently earns 1.50% APY on qualifying balances up to $100k. Qualifying balances over $100k earn 0.25% APY, with non-qualify balances earning 0.05% APY.

Kasasa Cash/Kasasa Cash Back earned rewards are automatically transferred to the linked Kasasa Saver account each month. Like the Kasasa Cash account, the Kasasa Saver has no minimum balance requirement or monthly service fee, and requires a $100 minimum opening deposit. There is a limit of one Kasasa Saver account per Social Security number.

Annual Earnings of Combined Kasasa Cash/Kasasa Saver Accounts

The potential combined annual earnings of the Kasasa Cash (2.00% APY/$25k) and the Kasasa Saver (1.50% APY/$100k) is approximately $2,000 (1.60% APY/$125k), which is an unusually high rate for a such a large balance.

Kasasa Cash Back

HCB offers a Kasasa Cash Back account that earns 2.00% cash back on debit card purchases, limited to the first $300 in monthly debit card purchases. If you are planning on maintaining a balance of less than $3,600, 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 $72 ($6 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 Savannah, Tennessee, The Hardin County Bank's brick-and-mortar footprint is limited to Hardin County in southwest Tennessee, but as stated on the online application, the Kasasa brand product line is offered to all Alabama, Mississippi, and Tennessee residents.

Opening a Kasasa Cash Checking, Kasasa Cash Back, and/or Kasasa Saver account can be done online, or at any of four full-service Tennessee branches located in Adamsville, Counce, and Savannah (2). There is no mention of any COVID-related branch restrictions (limited hours, appointments, temporary closures, etc.) on HCB’s website.

Bank Overview

The Hardin County Bank has an overall health grade of "B+" at DepositAccounts.com, with a Texas Ratio of 12.87% (above average) based on December 31, 2020 data. In the past year, HCB has increased its total non-brokered deposits by $85.32 million, an excellent annual growth rate of 21.46%. Please refer to our financial overview of The Hardin County Bank (FDIC Certificate # 20993) for more details.

Established in 1973, The Hardin County Bank is a locally owned and operated community bank. Offering banking services, mortgage originations, insurance, and wealth management services, HBC describes itself as the only “One Stop Shop in the area." Currently the 44th largest bank headquartered in Tennessee, The Hardin County Bank has assets in excess of $574 million and more than 17,000 customer accounts.

How the Kasasa Cash Compares

Given the multi-state market area, a comparison to nationally available RCAs is appropriate. When compared to High Yield Reward Checking Accounts tracked by DepositAccounts.com, which are available nationwide and have maximum qualifying balances of at least $25k, The Hardin County Bank’s Kasasa Cash APY ranks second.

The above information and rates are accurate as of 4/2/2021.

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: Jackson savings accounts, Memphis 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.