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Free Kasasa Giving Checking

Get that warm and fuzzy feeling

Earn rewards on purchases and get them donated directly to the charity of your choice. 

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  • Competitive rates, easy giving

    We’ve made it easy to enjoy great checking perks while still helping those in need.

    Life can be busy for many, and it can be tough to find the time to make charitable donations. With the Free Kasasa Giving®, we’ve made it easy for members to give to organizations that help those in need.

    For every qualifying debit card purchase, MagFed will donate 3¢ to your choice of one of our featured charities. Enjoy a competitive APY, and refunds on ATM fees nationwide while giving and receiving.

    • Donations made to your choice of qualifying charity
    • No minimum balance to earn rewards
    • Refunds on ATM fees nationwide (up to $10 per month)
    • Earn up to 3.50% APY* on balances up to $10,000
    • Unlimited check writing, no monthly service fees
  • Rates


    Kasasa Giving Rates

    Balance Dividend RateAPY
    Balances up to $10,000 3.445% 3.50%
    Balances up to $10,000 0.010% 3.50% to 0.33%
    All balances if qualifications aren't met 0.010% 0.01%

    To earn your rewards, simply do the following activities and transactions in your Kasasa Giving account each monthly qualification cycle:

    -Have at least 10 debit card purchases post and settle
    -Have at least one direct deposit, ACH credit, or ACH debit post and settle
    -Be enrolled in and agree to receive eStatements
    APY = Annual Percentage Yield

Fully loaded checking

This checking account comes with everything, including Online Banking, Mobile Banking, Bill Pay, and a stellar rate.

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*APY=Annual Percentage Yield. APYs are accurate as of 01/01/16. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $10 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive 3.50% APY; (3) balances over $10,000 earn 0.01% interest rate on portion of balance over $10,000, resulting in 3.50% – 0.33% APY depending on balance in account; and (4) charitable contributions equal to $0.03 will be made to select charities on all debit card purchases over $19.99 that post to and settle account during monthly qualification cycle. If qualifications are not met, all balances earn 0.01% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. “Monthly Qualification Cycle” means a period beginning one-day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Transfers between accounts do not count as qualifying transactions. PIN based transactions and ATM-processed transactions do not count towards qualifying debit card transactions. Limit one account per SSN. Commercial accounts may not participate in this program. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.