Kasasa Saver

Save time, effort, and most importantly, money, with a free Kasasa Saver® account. This innovative account links to your equally free Kasasa Cash® and Kasasa Cash Back® checking accounts. Every month, the rewards earned in checking are transferred to Saver — no work on your part. Take it easy and meet your savings goals. Kasasa Saver does the heavy lifting for you.


Summary
  • Linked to free Kasasa Cash® or Kasasa Cash Back® rewards
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back rewards
  • 0.75% APY* on balances up to $10,000
  • 0.75 to 0.30% APY on balances over $10,000 depending on balance in account*
  • 0.05% APY* if qualifications are not met on Kasasa Cash
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free eStatements
  • No minimum deposit to open

How Does Kasasa® Work?

Simple things like using your debit card and receiving eStatements save you time and make life easier. Those small changes also help save us some money. We can then pump that money back into the community — and to pay you rewards!

Qualifications

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:

  • Have at least 12 check card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Be enrolled and log into online banking

If you don't meet the qualifications, don't worry. There's no penalty and both accounts are still free and earn our base dividend rate. Plus, you can get back to earning the full rewards the very next month.

Check the Qualification Cycles

*APY=Annual Percentage Yield. APYs accurate as of 09/01/2013. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the first business day of the next monthly statement cycle; (2) balances up to $10,000 receive APY of 2.01%; and (3) balances over $10,000 earn 0.25% dividend rate on the portion of the balance over $10,000, resulting in 2.01% - 0.41% APY depending on the balance. For Kasasa Cash Back, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the first business day of the next monthly statement cycle. If qualifications are not met on Kasasa Cash or Cash Back all balances earn 0.05% APY. Qualifying transactions must post to and settle Kasasa Cash or Cash Back account during monthly qualification cycle. Transactions may take one or more business days from the date transaction was made to post to and settle account. Business days exclude weekends and Federal holidays. 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 next statement cycle through two days prior to the close of that statement cycle. The advertised Kasasa Cash APY is based on compounding dividends. Dividends earned in Kasasa Cash are 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 or Cash Back are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $10,000 in Kasasa Saver earn 0.25% dividend rate on portion of balance over $10,000, resulting in 0.75% - 0.30% APY depending on the balance. If qualifications are not met on Kasasa Cash or Cash Back, 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.