Save money and valuable time with the automatic nature of Kasasa Saver®. Free Kasasa Saver is linked to your equally free Kasasa Cash® account. Every month the rewards earned in your checking account are automatically transferred to Kasasa Saver. No work required.
Reach your goals faster and easier; enjoy high interest payouts to help get you there. Get more from your account without doing more -- that's the power of Kasasa®!
- Linked to free Kasasa Cash account
- Automatic transfers of Kasasa Cash rewards and nationwide ATM fee refunds*
- 1.00% APY* on balances up to $30,000
- 1.00 – 0.62% APY on balances over $30,000 depending on balance in account*
- 0.05% APY* if qualifications are not met on Kasasa Cash
- No monthly service fee
- No minimum balance to maintain account
- Free online banking
- 6 free withdrawals per month, no charge thereafter
- $100 minimum deposit to open
There are no extra qualifications to get the Kasasa Saver reward rate. If you qualify for Kasasa Cash checking rewards, you automatically get the Kasasa Saver rate too! Simply do the following each monthly qualification cycle on your Kasasa Cash account:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and receive e-Statements
- Be enrolled and log into Online Banking
- Have at least 1 automatic payment (ACH) or direct deposit post and settle
If you don't meet the qualifications, don't worry. There's no penalty and both accounts are still free and earn our base rate interest. Plus, you can get back to earning the full rewards the very next month.
*APY=Annual Percentage Yield. APYs accurate as of 05/01/2015. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle, domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM 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. 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 $20,000 in Kasasa Saver receive an APY of 1.00%; and (2) balances over $30,000 in Kasasa Saver earn 0.50% interest rate on portion of balance over $20,000, resulting in 1.00% - 0.62% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Transfers between accounts and PIN based transactions do not count as qualifying transactions. Limit one account per SSN.