Save money and effort with an account that does the heavy lifting for you. Free Kasasa Saver® is linked to your equally free Kasasa Cash® checking account. Every month, the rewards earned in Cash are automatically transferred to Saver, where they earn really high dividends.
There's nothing to it. Simply meet the qualifications in Cash, and your rewards transfer — automatically. Saving doesn't have to be hard, not with innovative Kasasa Saver making it so easy. Do you Kasasa?®
- Linked to free Kasasa Cash® and Kasasa Cash Back® accounts
- Automatic transfers of Kasasa Cash rewards
- 1.01% APY* on balances up to $250,000
- 1.01 to 0.86% APY on balances over $250,000 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!
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! To earn your rewards, simply do the following activities in your Kasasa Cash checking account during the monthly qualification cycle.
- Have at least 12 debit card purchases post and settle
- Have at least 1 automatic payment (ACH) post and settle, 1 direct deposit, or 1 bill pay transaction post and settle
- Be enrolled and receive eStatement notice
If you don't meet the qualifications one month, 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.
*This account is a tiered rate account and is available to holders of Kasasa Cash or Kasasa Cash Back Checking account. Qualifying transactions must post to and settle Kasasa Cash or Kasasa Cash Back 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-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. For Kasasa Cash or Cash Back, dividends earned and ATM fees refunded will be automatically transferred to your Kasasa Saver account. If the average daily balance in your Kasasa Saver account is $250,000 or below and your Kasasa Cash or Cash Back Checking account meets all the minimum service requirements for the Kasasa Cash or Cash Back Checking account during the qualification cycle, the dividend rate of and annual percentage yield of 1.01% will apply for the dividend period. If the average daily balance is greater than $250,000 and your Kasasa Cash or Cash Back Checking account meets all the minimum service requirements during the qualification cycle, average daily balances over $250,000 will earn a dividend rate of 0.50% on the portion of the balance over $250,000, resulting in a range in annual percentage yield of 1.01% - 0.86% depending on the balance. Each dividend rate will apply to that portion of the account balance within each balance range. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Have at least one Direct Deposit, ACH Credit or ACH payment transaction in your Kasasa account, a minimum of 12 POS debit card transactions, and receipt of electronic statements are conditions to qualify for the cash reward each cycle period. If your Kasasa Cash or Cash Back Checking account does not meet all of the minimum service requirements during the qualification cycle, the dividend rate of 0.05% and annual percentage yield of 0.05% will apply to the entire balance in your Kasasa Saver account. APY= Annual Percentage Yield. APY's accurate as of 1/1/2019. Rates may change after account is opened. Federally insured by NCUA.