LCNB National Bank's Kasasa Cash Is A Rate Leader


Deal Summary: Kasasa Cash Checking, 3.00% APY on qualifying balances up to $25k.

Availability: Cincinnati, Columbus, and Dayton metro areas.

LCNB National Bank’s (LCBN) Kasasa Cash Checking is currently earning 3.00% APY on qualifying balances up to $25k. Qualifying balances over $25k earn 0.15% APY, with non-qualifying balances earning 0.05% APY.

3.00*%-$25kLCNB National BankKasasa Cash Checking
OTHER TIERS: 0.15% $25k+
Rates as of December 1, 2023.

LCNB has been offering the Kasasa Cash Checking account for about two years, with an initial rate of 2.00% APY. The APY was increased to 3.00% in June 2019.

The qualification cycle requirements include,

  • At least 12 debit card purchases.
  • Be enrolled in and agree to received EZ Statements.
  • Be enrolled in and log into online banking.

The Kasasa Cash Checking account has no minimum balance requirement or monthly service fee, but does require a $50 minimum opening deposit. Unlimited nationwide ATM fees will be reimbursed up to $25 per statement cycle, if qualifications are met. (ATM receipt must be presented for reimbursement of an individual ATM fee of $6.00 or higher.) There is a limit of one account per Social Security number. Unlimited check writing is available and a free Mastercard® debit card is issued when the account is opened.

Kasasa Saver Account

A Kasasa Saver account is offered as a companion account to the Kasasa Cash Checking account and can be opened with a $50 minimum deposit. Each month, earned cash checking rewards automatically sweep to this account. The Free Kasasa Saver account earns 1.00% APY on qualifying balances up to $50k; qualifying balances over $50k earn 0.50% APY, with non-qualifying balances earning 0.05% APY.

1.00*%-$50kLCNB National BankKasasa Saver
OTHER TIERS: 0.43% $50k+
Rates as of December 1, 2023.

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,

On an everyday level, Kasasa is free checking that rewards you each month for doing simple things you might already do. "Simple" as in banking basics that actually save you time. Like choosing e-statements over paper statements, or swiping your debit card at checkout instead of writing a check.

Ever wondered what the word “Kasasa” means? It’s not Greek. It’s not Latin.

Put simply, we made it up.
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 Lebanon, Ohio, Louisiana, LCNB National Bank’s physical market area includes the Cincinnati, Columbus, and Dayton metropolitan areas. The online application for the Kasasa brand products uses Zip Code to determine eligibility.

Opening a Kasasa Cash and/or a Kasasa Saver account can be done online. LCNB has temporarily closed the lobbies of its 34 Ohio branch locations to walk-in traffic. More detail can be found on LCNB’s Safety and Service page.

LCNB's locations at Barron St. in Eaton OH and at Otterbein Senior Life Community are temporarily closed for precautionary reasons. All other branches are open and primarily using our drive-through facilities.

Bank Overview

LCNB National Bank has an overall health grade of "A+" at, with a Texas Ratio of 1.51% (excellent) based on December 31, 2019 data. In the past year, LCNB has increased its total non-brokered deposits by $49.9 million, an excellent annual growth rate of 3.83%. Please refer to our financial overview of LCNB National Bank (FDIC Certificate #6623) for more details.

LCNB was founded in 1877 as The Lebanon-Citizens National Bank & Trust Company; the name was shortened in 1934, when the “& Trust Company” was dropped. Between 2007 and 2018, the Bank experienced significant changes and growth, with the LCNB National Bank rebrand occurring in 2007 and five Ohio banks being acquired in 2007, 2013, 2014, 2015, and 2018. LCNB National Bank is currently the 17the largest bank in Ohio, with assets in excess of $1.6 billion and more than 71,600 customer accounts.

How the Kasasa Cash Checking Compares

When compared to the High Yield Rewards Checking Accounts tracked by that are available with the market area and have maximum qualifying balances of at least $25k, LCNB National Bank’s Kansas Cash Checking APY* currently shares the top spot with The Bank of Denver’s Kasasa Cash Checking APY.

The above rates are accurate as of 6/8/2020.

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

*We continue to work to keep our rates up-to-date, but there have been just too many rate cuts for us to process quickly. For the time being, please be aware that the rates listed at may not reflect the latest rates published by the banks and credit unions.

Related Pages: Cincinnati checking accounts, Columbus checking accounts, Dayton checking accounts, reward checking accounts

  |     |   Comment #1
This Kasasa 3% checking offer will no doubt please those that are also opening dozens of similar account offering which offer no guaranteed APY and a 25k max. Who uses these products that require 12 debit purchases a month? I am supposed to remember if I make 12 debit purchases in 30 days? I pass
  |     |   Comment #3
Give it a rest, Shelby, - we've all made our points. Purchase transactions would typically be listed in your account record on the Bank or CU website. You don't have to "remember" them.
  |     |   Comment #4
Unfortunately, many high-rate RCAs are also strictly location-limited. It is a challenging and time-consuming task to find one that allows more general participation. One hint is "credit unions", which allows both SEG as well as family members. This is the first step to get access to RCAs.

As for monthly requirements, they are usually very simple to meet, especially for a few RCAs (e.g., under four). Yes, many offer online monthly summary so one doesn't have to remember each transaction and also ensures the qualifications before the end of each monthly cycle.

Good luck!
  |     |   Comment #5
Ken lists nationally available RCA's ordered by APY (often with links to reviews) in his bi-weekly Bank Account Summary. Some CU's may insist you join or contribute to a Public Service
organization to qualify for membership if residence or employment criteria are not met.

RCA's have both requirements and limits you either accept or find troublesome. For some the higher yield is attractive, for others all the conditions are tedious. Demands weigh against benefits, or rewards justify organization and effort. It's mindset and circumstance that will tip you either for or against. Can anything more be said?

While an advocate, I'm no evangelist proclaiming an offer of salvation. Mis-information and off-the- wall judgments made by detractors annoy me, however.
  |     |   Comment #6
Many RCAs keep their APY for many years. I have at least three RCAs that have kept the same rate for more than ten years. 

I am not an advocate for RCAs, to each her/his own.  Just want to provide information and user experience that may be helpful for some.
  |     |   Comment #8
There is a bank near me (Independent Bank) that has a 3% checking called ONE Account. You only have to do 46+ transactions to earn that top ...Please don't everyone flood the place and ruin the deal....;^)
  |     |   Comment #10
Umm... indicates that in addition to the 46+ transactions/month, this RCA account has a max of $10K on which the 3% is paid. So no, I don't think this is likely a "doorbreaker" deal.
  |     |   Comment #11
I assumed Tightwad was making things up. It's enough to give RCA's a bad name.

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