Kasasa Saver

Water your Kasasa Cash® rewards with Kasasa Saver® interest and watch your savings grow taller each month. Automatically transfer your Kasasa Cash payouts and ATM fee refunds to a free Kasasa Saver account — where you can earn a big-time 0.45% APY*.


It's an easy way to build savings, hands-free — free from the day-to-day checking withdrawals that weed away at your bottom line!

Summary
  • 0.45% APY* paid on full balances up to $35,000
  • 0.15% interest rate paid on balances of $35,000 or more, resulting in 0.45% - 0.23% APY* depending on balance
  • 0.05% APY* paid even if qualifications aren't met
  • No minimum balance to earn rewards
  • No monthly service fee
  • Kasasa Cash rewards transfer to Kasasa Saver
  • Build savings automatically
  • Free online banking
  • Free e-Statements
  • Low $100 minimum deposit to open

Penalty-free Qualifications:


Not only is Kasasa Saver free, there are no additional qualifications when you earn your Kasasa Cash rewards. To earn your rewards, just do the following during each monthly qualification cycle:


  • Have at least 12 debit card purchases post and settle (not counting ATM transactions)
  • Be enrolled and review e-statement

Simple. And there's no penalty fee if you come up short for the month. Better yet, you still earn base-rate interest! Plus, you can qualify for your full rewards the very next month.


*APY=Annual Percentage Yield. APYs accurate as of 04/01/2013. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 2.02%; and (3) balances over $25,000 earn 0.35% interest rate on the portion of the balance over $25,000, resulting in 2.02% - 0.68% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances earn 0.15% APY. Qualifying transactions must post and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post and settle account. ATM-processed transactions do not count toward qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. You must have a Kasasa Cash account in order to open a Kasasa Saver account; interest earned in Kasasa Cash is then 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 are met each monthly qualification cycle: (1) balances up to $35,000 in Kasasa Saver receive an APY of 0.45%; and (2) balances over $35,000 in Kasasa Saver earn 0.15% interest rate on portion of balance over $35,000, resulting in 0.45% - 0.23% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Limit one account per Social Security Number. If your ATM fee is $5.00 or higher, you will need to contact the bank in order to receive the maximum $4.99 per individual transaction reimbursement.