AUSTIN, TX — (Marketwire) — 03/06/13 — Just when it looked like earning high rates on checking was impossible, Kasasa®, a resource for the best free offered by community banks and credit unions nationwide, has identified 30 banking providers that will offer consumers earnings between 3.00% and 4.01% annual percentage yield (APY) on their checking account balances.
With these rates, consumers can earn up to 80 times the national interest-bearing checking account average of 0.05% APY ( January, 2013), and there-s no minimum balance to get the rewards or to maintain the account. For example, a consumer can earn more than $100 a year in cash on a $2,500 checking balance using an account in the Kasasa Top 30 List below.
“Consumers have been wrongly led to believe that earning competitive rates on checking is not an option anymore. That simple misunderstanding is costing them hundreds of dollars each year,” said Gabe Krajicek, CEO of Kasasa.com. “At Kasasa, we show consumers there are community banks and credit unions still willing to pay for their business, and we simplify the process of finding them. Consumers can easily regain control of their finances — and get paid for it.”
In addition to the compilation of 30 , Kasasa.com features nearly 140 community banks and credit unions across the country that pay well above the national average for interest-bearing checking accounts — and continues to build on the list each day. The Kasasa Top 30 List includes:
For more information on Kasasa and to see the complete list of free, Kasasa providers, visit Kasasa.com.
Kasasa® is a national brand of free rewards checking and savings accounts that give consumers real choices on their banking accounts. Offered exclusively by the finest community banks and credit unions around the nation, Kasasa accounts reward account holders for using their accounts with what they want most — earning high rates, cash back, money to automatically save, money to donate to charity, or digital downloads from iTunes® or Amazon.com®. Developed and distributed by BancVue, Kasasa marries with the personal touch of community financial institutions. For more information, visit .
Katie Weathers
404-791-8245
@katie_weathers