Cycle Date Information – The following dates apply to your Kasasa Cash Back and/or Kasasa Cash account. Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. To qualify for your account’s rewards, all of the transactions and activities identified within the Qualification Information section must post and settle to your Kasasa Cash Back and/or Kasasa Cash account within these Monthly Qualification Cycle dates. Please see chart below:
|Monthly Qualification Cycle||Statement Cycle|
“Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current Statement Cycle through one (1) banking day prior to the last business day of the current Statement Cycle.
“Banking Day” means any business day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions.
“Business Day” means a calendar day other than a Saturday or Sunday, or January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 fall on a Sunday, the next Monday is not a “Business Day”.
“Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the account holder’s account.