Free Kasasa Saver®

Kasasa Saver®
Summary

Kasasa Saver is a free savings account that pays you in high interest every month! It connects to your Kasasa Cash® or Kasasa Cash Back® checking.

Each month that you qualify for rewards in your Kasasa® checking, those rewards automatically transfer into Kasasa Saver. There, your savings earns 1.05% APY!*


Benefits

  • Links to free Kasasa Cash or Kasasa Cash Back account
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back rewards
  • 1.05% APY* on balances up to $15,000
  • 1.05% to 0.35% APY on balances over $15,000 depending on balance in account*
  • 0.05% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • $50 minimum deposit to open

How Do I Get My Rewards?

Easy! Qualifying for the Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:

  • Have at least 12 debit card transactions post and settle
  • Be enrolled and receive an eStatement notice
  • Have at least 1 direct deposit or automatic payment (ACH) post and settle

That's it! And even if you don't meet your qualifications, your Kasasa accounts are still free — and you'll still earn our base rate of interest on Kasasa Saver! Plus, you can get right back to earning your rewards the very next monthly qualification cycle.

Kasasa Cash with Kasasa Saver: *APY=Annual Percentage Yield. APYs accurate as of 7/1/2016. Rates may change after account is opened. Minimum amount to open account is $50 for Kasasa Cash and $50 for Kasasa Saver. For Kasasa Cash, when qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during the qualification cycle will be reimbursed up to $20 ($4.99 per single transaction). ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher; (2) balances up to $20,000 receive APY of 3.05%; and (3) balances over $20,000 earn 0.25% interest rate on the portion of the balance over $20,000, resulting in 3.05% - 0.72% APY depending on the balance (calculation based on $120,000 balance). If qualifications are not met on Kasasa Cash, all balances earn 0.05% APY. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash does not compound. Actual interest amount paid may be less than the advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 1.05%; and (2) balances over $15,000 in Kasasa Saver earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 1.05% - 0.35% APY depending on the balance (calculation based on $120,000 balance). If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. See Customer Service Representative for more information.


Kasasa Cash Back with Kasasa Saver: *APY=Annual Percentage Yield. APYs accurate as of 7/1/2016. Rates may change after account is opened. Minimum amount to open account is $50 for Kasasa Cash Back and $50 for Kasasa Saver. For Kasasa Cash Back, when qualifications are met each monthly qualification cycle: (1) receive 3% cash back on debit card purchases that post to and settle to your account during the monthly qualification cycle up to a total cash back of $9.00 per monthly qualification cycle; (2) Domestic ATM fees incurred during the qualification cycle will be reimbursed up to $20 ($4.99 per single transaction). ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. If qualifications in Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 1.05%; and (2) balances over $15,000 in Kasasa Saver earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 1.05% - 0.35% APY depending on the balance (calculation based on $120,000 balance). If qualifications are not met on Kasasa Cash Back, all balances in the Kasasa Saver earn 0.05% APY. See Customer Service Representative for more details.