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Kasasa Saver® Account

Build savings automatically every month while earning interest on your balance! Kasasa Saver links to your Kasasa Cash® or Kasasa Cash Back® account to collect and grow earned Kasasa® checking rewards.

Summary

  • An account that builds your savings effortlessly
  • Links to Kasasa Cash, or Kasasa Cash Back checking
    • Kasasa Cash: both earned interest and ATM refunds sweep to Kasasa Saver
    • Kasasa Cash Back: only earned refunds on debit card purchases sweep to Kasasa Saver
  • Automatically transferred Kasasa checking earnings earn:
    • 1.00% APY* on balances up to $50,000
    • 0.25% APY on balances over $50,000
    • 1.00% to 0.25% APY range depending on account daily balance*
    • .05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No minimum balance to earn rewards
  • No monthly maintenance fees
  • Great Services, including:
  • $100 minimum deposit to open

Qualifications

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 12 debit card purchases
  • Be enrolled in and agree to receive e-Statements
  • Be enrolled in and log into online banking

Please note: Limit 1 per SSN.

And if you don’t meet these qualifications, don’t worry — your accounts still have no monthly fee. You’ll even still earn our base rate on Kasasa Saver. Plus, you can get right back to earning your full rewards the very cycle that you qualify.

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Disclaimer

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, PIN-based, signature based debit card purchases less than $5.00, debit card purchases processed by merchants and received by our bank as ATM transactions, PIN-based, signature based transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means the current statement cycle. Contact one of our branch service representatives for specific Monthly Qualification Cycle dates. “Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Contact one of our branch service representatives for specific Statement Cycle dates. Reward Information: When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $50,000.00 in your Kasasa Saver account earn an APY of 1.00% and daily balances over $50,000.00 earn an interest rate of 0.4989 % on the portion of the daily balance over $50,000.00, resulting in a range from 0.50% to 1.00% APY depending on the account’s daily balance. When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are not met, the entire daily balance in the Kasasa Saver account earns an interest rate of 0.04988% resulting in an annual percentage yield of 0.05% APY. Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle.