# Aspen FCU Free Kasasa Cash Checking: 5.75% APY

Canonical: https://dealaka.com/offers/aspen-fcu-free-kasasa-cash-checking-rate

- Status: Limited reports
- Bonus: 5.75% APY
- APY: 5.75% (ongoing APY on balances up to $20,000)
- Requirement: No minimum opening deposit, qualifications required monthly
- Expires: no published end date
- Availability: Nationwide
- Institution: Aspen Federal Credit Union
- Verified: Aug 7, 2026 against aspenfcu.com
- Field reports: 0

## Summary
Earn 5.75% APY on balances up to $20,000 when account qualifications are met monthly. Qualifications include at least one direct deposit or ACH credit, 12 debit card purchases of $4.99 or more, online banking enrollment, and e-statement enrollment. If qualifications are not met, earn 0.05% APY.

## Requirements
1. Apply through the offer page to open the Free Kasasa Cash Checking.
2. Complete the requirement: No minimum opening deposit, qualifications required monthly.

## Fine print that matters
- Rates are variable and may change after account is opened
- Balances over $20,000 earn 1.17% to 5.75% APY depending on balance
- When qualifications are not met, only 0.05% APY is earned
- Rewards less than a penny cannot be distributed
- Account must be used as primary checking account for day-to-day spending
- Maximum of 1 account per Social Security number
- Account will be closed if not actively used over 2 consecutive statement cycles
- Small calculated debit card transactions conducted to meet qualifications may result in account conversion or closure

## Sources
- aspenfcu.com rate page <https://www.aspenfcu.com/accounts/personal-checking> (checked Aug 7, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._