This cutting-edge account offers an easy way to save money! Because it links to your Kasasa Cash® free checking account, 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 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.
Subject to transaction limitations by regulation.
*APY=Annual Percentage Yield. APYs accurate as of 09/13/2016. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash 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. Qualifying transactions must post and settle to the Kasasa Cash account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. 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. If qualifications in Kasasa Cash 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, all balances in Kasasa Saver earn 0.01% APY. Nonsufficient funds fees and miscellaneous fees apply to all Kasasa accounts. Fees could reduce earnings on the account. Limit one account per SSN.