Free Kasasa Saver® Account
Kasasa Cash® or Kasasa Cash Back® free checking accountholders can enroll in a free Kasasa Saver account. Kasasa Saver collects and grows earned Kasasa checking rewards every month, automatically.
Just meet your Kasasa checking account qualifications to have eligible earnings swept into this interest-earning account every month. There's no monthly maintenance fee, and no minimum balance requirements. Building savings has never been so effortless.
Just meet your Kasasa checking account qualifications to have eligible earnings swept into this interest-earning account every month. There's no monthly maintenance fee, and no minimum balance requirements. Building savings has never been so effortless.
Details
- Free account that builds your savings automatically
- Links to free Kasasa Cash or Kasasa Cash Back checking
- Kasasa Saver balance earns a high rate
- 1.25% APY* on balances up to $85,000
- 1.25% to 0.25% APY on balances over $85,000 depending on balance in account*
- 0.05% APY* if qualifications are not met
- No minimum balance requirements
- No monthly maintenance fee
- Free digital banking services
- $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. 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
- At least 1 direct deposit or ACH transaction
- Be enrolled in and review eSatements
It really is easy. Even If you don't meet your qualifications during the cycle, your Kasasa accounts are still free. Plus, you'll still earn the base rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month!
Contact us for more information or visit any of our branches to open your free Kasasa Cash account.
*Kasasa Saver 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, debit card purchases less than $1, 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information:
Depending on what Kasasa account you have, you will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle:
Kasasa Saver: daily balances up to and including $85,000 in your Kasasa Saver account earn an APY of 1.25% and daily balances over $85,000 earn an interest rate of 0.25% on the portion of the daily balance over $85,000, resulting in a range from 1.25% to 0.25% APY depending on the account's daily balance.
Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made and:
Kasasa Saver: the entire daily balance in the Kasasa Saver account earns 0.05% APY.
Interest will be credited to your Kasasa Saver and Kasasa Cash accounts on the last day of the current statement cycle.
If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply:
Kasasa Cash: When linked to a 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 balance is less than the transferred amount when the transfer occurs.
Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of [05/01/2020].
APY calculations are based on an assumed balance of 85,000 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days.
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.
$100 minimum deposit is required to open the account.
Monthly ACH credit or debit transaction, enrollment in online banking, eStatement enrollment may be conditions of Kasasa Saver's linked Kasasa Cash or Kasasa Cash Back accounts.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of Kasasa Saver's linked Kasasa Cash or Kasasa Cash Back account's qualifications.
Limit of 1 account(s) per Social Security Number.
There are no recurring monthly maintenance charges or fees to open or close this account.
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.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Member FDIC.
Trademarks:
Kasasa, Kasasa Saver, Kasasa Cash and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A
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 less than $1, 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information:
Depending on what Kasasa account you have, you will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle:
Kasasa Saver: daily balances up to and including $85,000 in your Kasasa Saver account earn an APY of 1.25% and daily balances over $85,000 earn an interest rate of 0.25% on the portion of the daily balance over $85,000, resulting in a range from 1.25% to 0.25% APY depending on the account's daily balance.
Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made and:
Kasasa Saver: the entire daily balance in the Kasasa Saver account earns 0.05% APY.
Interest will be credited to your Kasasa Saver and Kasasa Cash accounts on the last day of the current statement cycle.
If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply:
Kasasa Cash: When linked to a 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 balance is less than the transferred amount when the transfer occurs.
Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of [05/01/2020].
APY calculations are based on an assumed balance of 85,000 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days.
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.
$100 minimum deposit is required to open the account.
Monthly ACH credit or debit transaction, enrollment in online banking, eStatement enrollment may be conditions of Kasasa Saver's linked Kasasa Cash or Kasasa Cash Back accounts.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of Kasasa Saver's linked Kasasa Cash or Kasasa Cash Back account's qualifications.
Limit of 1 account(s) per Social Security Number.
There are no recurring monthly maintenance charges or fees to open or close this account.
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.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Member FDIC.
Trademarks:
Kasasa, Kasasa Saver, Kasasa Cash and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A
