*APY=Annual Percentage Yield. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. Qualifications = 1) making 12 signature based debit card point-of-sale purchases; 2) receiving your monthly statement electronically. Electronic statements are a condition to maintain this account; if the account is not enrolled within 60 days of account opening, Kasasa® Rewards account will be converted to a free checking account that does not receive rewards. Qualifying debit card transactions do not include ATM-processed transactions, transfers between accounts, debit and credit card purchases processed by merchants and received by Caro Federal Credit Union as ATM or PIN-based, and purchases made with non-Caro Federal Credit Union issued debit or credit cards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. When Kasasa® Cash Back® qualifications are met during a Monthly Qualification Cycle, you will receive (1) 4.00% cash back on up to a total of $200.00 debit card purchases that post and settle to the account during that cycle period up to a maximum cash back earned of $8.00 per Monthly Qualification Cycle, as well as (2) reimbursements up to an aggregate total of $25 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $5.00 or higher. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. When your Kasasa® account qualifications are not met, reward distributions are not made. If qualifications are met, ATM rewards post on the last business day of the month and dividends post on the last day of the month. Rates and rewards are variable and may change after account is opened. Overdraft or NSF fees may reduce earnings. Account approval, conditions, qualifications, limits, time frames, enrollments, logons and other requirements may apply. No minimum deposit is required to open the account and earn APY. Enrollment in electronic services (e.g. online banking, electronic statements, and logons) may be required to meet some account qualifications. Limit 1 account(s) per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact a Caro FCU service representative for additional information, details, restrictions, processing limitations and enrollment instructions.