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Hi everyone, I'm wondering if anyone is familiar with kasasa banking and can tell me more about it. I just caught a commercial on tv stating that a local bank has become part of this andmit said it offers 39% more returns! Of course, when I did a little googling, it appears the rate varies from bank to bank, but is in a range locally of about 3.5% for up to 10,000$.
I'm hesitant because they advertised it in a sketchy way (in my opinion), I've never heard of it (apparently small banks join together somehow to make it happen) and the 10,000$ limit isn't very high. Also, as far as I can tell, you have to have multiple automatic debits per month and I really only pay a few bills a month, so I might not qualify anyway.
So of course, I thought to come here to get the real scoop on kasasa. Can anyone educate me? Thanks in advance. Oh, it just so happens I'm meeting with someone from the local bank advertising this later today so I'd like to have some general knowledge before mentioning it to him so I don't get the company spiel.
I'm hesitant because they advertised it in a sketchy way (in my opinion), I've never heard of it (apparently small banks join together somehow to make it happen) and the 10,000$ limit isn't very high. Also, as far as I can tell, you have to have multiple automatic debits per month and I really only pay a few bills a month, so I might not qualify anyway.
So of course, I thought to come here to get the real scoop on kasasa. Can anyone educate me? Thanks in advance. Oh, it just so happens I'm meeting with someone from the local bank advertising this later today so I'd like to have some general knowledge before mentioning it to him so I don't get the company spiel.
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