Kasasa Saver

Free Kasasa Saver

Build your savings without lifting a finger. Kasasa Saver® turns your rewards into savings-and pays high interest.

Key Features

  • Automatic Savings
  • High Interest
  • No Monthly Maintence Fees
  • No Minimum Balance Requirements

Details

  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back® checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earning
  • 0.30% APY* on balances up to $10,000
  • 0.25% APY* on portion of balances over $10,000
  • 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No minimum balance to earn rewards.
  • No monthly maintenance fees
  • Free online banking
  • $50.00 minimum deposit to open
  • It’s Easy to Earn Your Rewards

    Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each monthly qualification cycle:

    • At least 1 direct deposit, ACH credit, or ACH payment transaction
    • At least 12 debit card purchases
    • Be enrolled in and log into online banking

    That's it.Even if you don’t meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you’ll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.

    *Qualification Information: 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. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit and credit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit or credit cards not issued by our bank. “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. Reward Information: Rewards vary by account. When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, your Kasasa Saver account balances up to $10,000.00 receive an APY of 0.30%; and balances over $10,000.00 earn 0.25% interest rate on the portion of balance over $10,000.00, resulting in a range from 0.30% to 0.25% APY depending on the account’s balance. You’re your Kasasa Cash or Kasasa Cash Back qualifications are not met, all Kasasa Saver balances earn 0.05% APY. Interest, cash back payments and ATM fee reimbursements are credited to the appropriate account on the last day of the current statement cycle. Kasasa Cash rewards are automatically transferred to the linked Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your linked Kasasa Cash account, if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 09/22/2020. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit/debit, enrollment in online banking, receipt of electronic statements, and 12 PIN-based or signature-based transactions are conditions of this account. Enrollment in electronic services (e.g. online banking, electronic statements,) and log-ons may be required to meet some of the account’s qualifications. Limit 1 account per social security number. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.