HIGH-YIELD CHECKING PUTS YOU IN CONTROL OF YOUR DIVIDENDS
Our world is constantly shifting and changing. One day, dividends are at its all-time high and the next it’s at an all-time low. These days, it seems like “change” is the only thing that is a certainty. However, Pearl Hawaii has options that can give you a way to take control of your dividends when you use one of our checking accounts.
With our reward checking accounts*, you don’t have to worry about when your CD rate will get better. Instead, choose between receiving a high rate, getting cash back, or a monthly $10 reward from iTunes, Amazon, or Google. To get the rewards, you just have to do things that you probably do already: conduct 12 Debit Card authorized purchases per month, log into PHFCUOnline once per month, and be enrolled in e-statements… Easy-peasy.
ADDITIONAL BENEFITS INCLUDE:
- No minimum balance
- Don’t worry about monthly maintenance fees- there are none.
- Nationwide ATM withdrawal fee refunds up to $20 per cycle
- With Kasasa Cash* and Kasasa Cash Back*, you gain access to Kasasa Saver**
Kasasa Checking Accounts
| Rewards | ||
|---|---|---|
| Kasasa Cash®* | 2.25% APY up to a balance cap of $10,000 APY Range 2.25%-0.43% | Open Account Now |
| Kasasa Cash Back®* | 2.50% cash back on qualified debit card purchases up to $400.00 | Open Account Now |
| Kasasa Tunes®* | Up to $10.00 monthly reward for iTunes, Amazon.com or Google Play purchases | Open Account Now |
BUILD YOUR SAVINGS… AUTOMATICALLY.
Our Kasasa Saver account is simple, straightforward, and earns a competitive rate. You can pair it with one of our Kasasa Checking accounts that earn great rewards, like cashback or extra interest.
KASASA SAVINGS BENEFITS:
- No monthly service fees
- 0.75% APY up to a balance cap of $20,000 (If account requirements are met)
- Earn a base rate of 0.005% APY (If the account requirements are not met)
- No minimum balance
Checking
| BENEFITS | Minimum Balance | ||
|---|---|---|---|
| Kasasa Cash®* | 2.25% APY up to a balance cap of $10,000 | APY Range 2.25%-0.43% | $0 | Open |
| Kasasa Cash Back®* | 2.50% cash back on qualified debit card purchases up to $400.00 | $0 | Open |
| Kasasa Tunes®* | Up to $10.00 monthly reward for iTunes, Amazon.com or Google Play purchases | $0 | Open |
| Pearl Checking | No minimum deposit, monthly service fee, or minimum balance requirement. | $0 | Open |
| Teen Debit & Checking | No minimum deposit, monthly service fee, or minimum balance requirement. | $0 | Open |
Teen Debit Card Account Disclosures
Please bring your teen’s social security card when opening the account. Opening/minimum balance is $5.00. Certain conditions and restrictions may apply. An adult (the account owner) will be responsible for all transactions, fees, and overdrafts that occur. Must be aged 13 to 17.
Kasasa Account Requirements (Cash, Cash Back, Tunes)
Account must have a minimum of twelve (12) Pearl Hawaii Federal Credit Union (PHFCU) Debit Card authorized purchases or automatic transactions that post to their account during the Monthly Qualification Cycle. PHFCU’s “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. Account must be enrolled into eStatements and opted-out of paper statements. Member must log into PHFCUOnline at least one time per month. Member’s accounts need to be in good standing in order to open, maintain, or hold open a Kasasa account. “Good Standing” means not incurring PHFCU a loss through accounts, fees, services, and/or loan products.
Rewards and ATM fee reimbursements will be credited to the appropriate Kasasa account on the last day of the statement cycle. APY = Annual Percentage Yield. APY’s are accurate as of 5/01/19. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements may apply. No minimum deposit is required to open the account. Limit 1 account per Social Security Number. You must be an existing PHFCU member in good standing to open a Kasasa Account. There are no recurring monthly maintenance charges or fees to open this account. Visit any location for additional information, details, restrictions, processing limitations, and enrollment instructions.
Qualification Information
Qualified purchases include point-of-sale transactions conducted with or recurring automatic charges utilizing a PHFCU authorized Debit Card. The following activities do not count toward earning account rewards: ATM-processed transactions, online banking transactions, transfers between accounts, ATM card or credit card purchases or transactions, debit card purchases processed by merchants and received by PHFCU as an ATM transaction, or transactions on your account from a debit card not issued by PHFCU. Account transactions and activities may take one or more days to post and settle to the account. All transactions must post during the Monthly Qualification Cycle in order to qualify for rewards.
Reward Information
Rewards vary by account. Depending on what Kasasa account you open, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle:
Kasasa Cash
Balances up to $10,000 receive an Annual Percentage Yield (APY) of 2.25%; and balances over $10,000 earn 0.25% APY, resulting in a range from 2.25% to 0.43% APY dependent on the account’s balance. When account qualifications are not met, all balances in a Kasasa Cash account earn 0.05% APY and ATM fees are not reimbursed. Automatic transfer from Kasasa Cash to Kasasa Saver occurs within one (1) business day and may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when the transfer occurs.
Kasasa Cash Back
Receive 2.50% cash back on qualified debit card purchases up to $400.00 that post and settle to the account during the Monthly Qualification Cycle. A maximum of $10 cash back payments may be earned per Monthly Qualification Cycle. Transactions may take one or more banking days from the date the transaction was made to post to the account. Automatic transfer from Kasasa Cash Back to Kasasa Saver occurs within one business day and may cause an overdraft to your Kasasa Cash Back account if the account’s balance is less than the transferred amount when transfer occurs. When account qualifications are not met, no earnings are earned and ATM fees will not be reimbursed.
Kasasa Tunes
You will earn up to an aggregate total of $10.00 (which includes any applicable taxes) in refunds for any iTunes, Amazon.com or Google Play purchases. In order to be refunded, purchases must be made with your PHFCU Debit Card and must post and settle to your account no more than 30 days after the Monthly Qualification Cycle in which you qualified ends. When account qualifications are not met, account activity for iTunes, Amazon.com, or Google Play purchases will not be refunded and ATM fees are not reimbursed.
Kasasa Saver
(Linked to a Kasasa Cash or Kasasa Cash Back account): Balances up to $20,000 in your Kasasa Saver account receive a 0.75% APY. Balances over $20,000 earn 0.25% APY, resulting in a range from 0.75% to 0.33% APY, dependent on the account’s balance. When account qualifications are not met, all balances in a Kasasa Saver account earn 0.05% APY and ATM fees are not reimbursed. When linked to the Kasasa Saver account, the interest earned within the linked Kasasa Cash account do not compound since it is automatically transferred to the Kasasa Saver account. The actual interest amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY if the advertised APY is represented without a linked Kasasa Saver account. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings.
ATM Fee Refunds
You will receive reimbursements up to $20.00 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. If you have not received an appropriate reimbursement, we will adjust the amount if we receive the ATM receipt within sixty (60) calendar days of the ATM transaction.
iTunes is a registered trademark of Apple, Inc. Amazon is a registered trademark of Amazon.com. Google Play is a registered trademark of Google Inc. Apple Inc., Amazon.com and Google are not participants in or sponsors of this program.
Kasasa, Kasasa Cash, Kasasa Tunes and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Federally Insured by NCUA.