This cutting-edge account offers an easy way to save money! Because it links to your Kasasa Cash® free checking account and Kasasa Cash Back®, the rewards you earn each month are automatically transferred to Kasasa Saver®. All for doing a couple of things each month in your Kasasa Cash account that will make your banking easier.
Then, just sit back and watch the savings roll in, because your Saver account also earns high interest to grow your savings even more! Do you Kasasa?®
- Automatic transfers of Kasasa Cash and Kasasa Cash Back rewards
- 0.50 APY* on balances up to $50,001
- 0.50 to 0.43% APY, on balances over $50,001*
- 0.01% APY* if qualifications are not met on Kasasa Cash
- No monthly maintenance charge
- No minimum balance to earn rewards
- Free online banking
- Free mobile banking
- Free e-statements
- $50 minimum deposit to open
Earning Your Rewards Couldn't Be Easier!
Qualifying for your Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate, too! To your rewards, enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- At least 10 debit card purchases
- At least 1 bill pay transaction
- Be enrolled in and agree to receive e-statements
That's it! And even if you don't qualify, there's still no monthly maintenance charge and you still earn interest at our base rate for both accounts. Plus, you can get back to earning the huge rewards the very next monthly qualification cycle.
*APY = Annual Percentage Yield. APYs accurate as of 8/31/17. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash or Kasasa Cash Back and $50 for Kasasa Saver. For Kasasa Cash if qualifications are met each monthly qualification cycle: (1) balances up to $25,001 receive APY of 1.50%; and, (2) balances over $25,001 earn 0.40% interest rate on the portion of the balance over $25,001, resulting in 1.50% - 0.58% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances earn 0.01% APY. For Kasasa Cash Back if qualifications are met each monthly qualification cycle you will receive 2.00% cash back on up to $300.00 in debit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, no cash back payments are made. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Cash Back Rewards from linked Kasasa Cash Back account will be transferred to Kasasa Saver account automatically on the business day following the day it was credited to Kasasa Cash Back Account. Qualifying transactions must post and settle to the Kasasa Cash or Kasasa Cash Back account during the monthly qualification cycle in order to qualify for the account’s rewards. Transactions may take one or more banking days from the date transaction was made to post to and settle account. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between your accounts with us, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. If qualifications in Kasasa Cash or Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $50,001 in Kasasa Saver receive an APY of 0.50%; and, (2) balances over $50,001 in Kasasa Saver earn 0.40% interest rate on portion of balance over $50,001, resulting in 0.50%- 0.43% APY depending on the balance. If qualifications are not met on Kasasa Cash or Kasasa Cash Back, all balances in Kasasa Saver will earn 0.01% APY. Interest payments will be credited to Kasasa Saver account on the last day of the current statement cycle. Rates and rewards are variable and may change after account is opened. “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. Limit 1 account per SSN. Available to personal accounts only. Fees waived for five (5) ATM withdrawals performed at another bank per statement cycle. Nonsufficient funds fees and miscellaneous fees apply to all Kasasa accounts. Fees could reduce earnings on the account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.