MainStreet Bank (VA) Has Nationally Available Kasasa Cash


Availability: Nationally available

Note:It is completely fortuitous that within four days I would be writing about two separate institutions with very similar names, both having Kasasa Cash accounts that are available nationally. To avoid any confusion, this blog post is about MainStreet Bank (based in Virginia) and the earlier post was about Main Street Bank (based in Michigan).

In November, Virginia-based MainStreet Bank introduced a new Kasasa Cash checking account that earns 2.00% APY on qualifying balances up to $15K; qualifying balances over $15K earn 0.25% APY, while non-qualifying balances earn 0.05% APY.

3.00*%-$15kMainStreet BankKasasa Cash
OTHER TIERS: 0.25% $15k+
Rates as of March 16, 2018.

Monthly Qualifications

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and receive e-Statements
  • Be enrolled in and log into online banking

Kasasa Cash Summary

  • $50 minimum opening deposit required
  • ATM fee refunded nationwide, up to $12 monthly
  • No monthly service fee
  • No minimum balance required to earn rewards
  • Unlimited check writing

Complete details are available on MainStreet Bank’s Kasasa Cash promotion page.

Thanks to the DA reader who emailed me about this Kasasa Cash account.


Headquartered in Fairfax, Virginia, MainStreet Bank offers its service and product line nationally through their online platform.

Opening a Kasasa Cash account at MainStreet Bank can be done online, or at any of five Northern Virginia branches, located in Arlington, Fairfax (2), Herndon, and McLean.

Bank Overview

MainStreet Bank, has an overall health grade of "A" at, with a Texas ratio of 1.93% (excellent), based on September 30, 2015 data. In the past year, MainStreet Bank has increased its total deposits by $100.03 Million, an excellent annual growth rate of 34.68%. Please refer to our financial overview of MainStreet Bank for more details.

MainStreet Bank (FDIC Charter # 57742) is a young institution, having been established in 2004. The Bank continued to grow during the Financial Crisis and currently has assets in excess of $481 Million. In 2012, MainStreet Bank developed Aircharity®, a method that allows organizations and individuals to raise money via email, websites, and social media. Aircharity® permits MainStreet Bank customers to open accounts and accepts donations from both debit and credit cards, and electronic checks.

How the Kasasa Cash Checking Account Compares

When compared to the 34 reward checking accounts tracked by that are available nationally, MainStreet Bank’s Kasasa Cash currently ranks in the top seven.

The above rates are accurate as of 1/7/2016.

To search for nationwide Checking Account rates and Checking Account rates in your state, please refer to the Checking Accounts section of

Related Pages: MainStreet Bank, Washington

Anonymous   |     |   Comment #1
Their cash back checking is a good deal, but Discover's is better for me at least.
Long-Term CD Deal at MainStreet Bank in Virginia - Local Only

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It appears that a branch visit is required to open an account. Branches are located in the Northern Virginia cities of Fairfax, Herndon and McLean.

The bank's ratings for safety and soundness are above average, but a little mixed: 5 stars (superior) at BauerFinancial (based on 12/31/09 data) and 3 stars (performing) at (based on 9/39/09 data). The bank has been a FDIC member since...

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