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Rates

Save money automatically. We’ll transfer your Kasasa® checking rewards to this free account that earns high interest.

Key Features

Automatic Savings

High Interest

No Monthly Maintenance Fees

  • 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 earnings
  • 0.75% APY* on balances up to $25,000
  • 0.75% to 0.35% APY on balances over $25,000 depending on balance in account*
  • 0.03% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking
  • Free Visa® ATM card
  • $50 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 12 debit card purchases
  • Be enrolled in and agree to receive e-statements
  • 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.

Saver Add On for Cash

 *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 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. 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 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:

When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: 

  • Kasasa Saver: Daily balances up to $25,000.00 receive APY of 0.75%; and daily balances over $25,000.00 earn 0.25% interest rate on the portion of balance over $25,000.00, resulting in a range from 0.75% to 0.35% APY depending on the account’s balance. 
  • Kasasa Cash: Daily balances up to $10,000.00 receive a non-compounding APY* of 2.00%; and daily balances over $10,000.00 earn 0.25% interest rate on the portion of balance over $10,000.00 resulting in a non-compounding range from 2.00% to 0.41% APY* depending on the account’s daily balance.

When Kasasa Cash qualifications are not met, 

  • Kasasa Saver: All daily balances earn 0.03% APY. 
  • Kasasa Cash: All daily balances earn a non-compounding APY* of 0.03%.

*When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your 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 03/13/2018. APY calculations are based on an assumed balance of $110,000 in your Kasasa Cash account and an assumed statement cycle of thirty-one (31) days. Balance compution methodology varies by account’s qualifying status. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. 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. 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 customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Saver Add On for Cash Back

 *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 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. 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 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:

When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: 

  • Kasasa Saver: Daily balances up to $25,000.00 receive APY of 0.75%; and daily balances over $25,000.00 earn 0.25% interest rate on the portion of balance over $25,000.00, resulting in a range from 0.75% to 0.35% APY depending on the account’s daily balance.
  • Kasasa Cash Back: 3.0% cash back on up to a total of $250.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $7.50 cash back may be earned per Monthly Qualification Cycle.

When Kasasa Cash Back qualifications are not met, 

  • Kasasa Saver: All daily balances earn 0.03% APY.
  • Kasasa Cash Back: No cash back payments are made.

APY = Annual Percentage Yield. APYs accurate as of 03/13/2018.  APY calculations are based on an assumed balance of $125,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Balance computation methodology varies by account’s qualifying status. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. 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. 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 recurring monthly maintenance charges or fees to open or close this account. Contact one of our customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.