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Free Kasasa Saver

Free Kasasa Saver

Save automatically — while earning a high rate! 

Building a solid savings account is something you know you need to do — but sometimes life gets in the way. Set up automatic savings with free Kasasa Saver®. By linking to your Kasasa® checking account, your rewards will automatically be transferred for easy, worry-free reserves! 

You'll also earn a high interest rate on top of all those rewards — it's like double dipping your way to major savings. Open your account today!

Rates

  • 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
  • 0.50% APY* on balances up to $10,000
  • 0.50% to 0.25% APY on balances over $10,000 depending on balance in account*
  • 0.01% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free eStatements
  • $100 minimum deposit to open 

Maximizing Your Rewards Couldn’t Be Simpler!

Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements

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!

Qualifications Information:

To earn your rewards just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • Have at least 12 PIN-based or signature-based debit card purchases, each greater than $5.00, post and settle 
  • Be enrolled in and agree to receive e-statements

*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 $5.00, 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. “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 or 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: Balances up to $10,000 receive APY of 0.50%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a range from 0.50% to 0.25% APY depending on the account’s balance. Kasasa Cash: Balances up to $10,000 receive a non-compounding APY* of 2.50%; and balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from 2.50% to 0.50% APY* depending on the account’s balance. Kasasa Cash Back: 2.50% cash back on up to a total of $400 PIN or signature based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash or Kasasa Cash Back qualifications are not met, your Kasasa Saver will earn 0.01% APY; Kasasa Cash account will earn a non-compounding* APY of 0.01%; and Kasasa Cash Back will earn no cash back.

*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 01/04/2015.  Rates and rewards are variable and may change at the Bank’s discretion after account is opened. Fees may reduce earnings. 

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum deposit of $100 is required to open the account. Enrollment in estatements and twelve debit card purchases of $5.00 or more are conditions of these accounts. 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 one account per social security number / individual taxpayer identification number. A Kasasa Cash or a 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 service charges or fees to open or close this account. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions.  Member FDIC.  Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.

View our full Kasasa Saver disclosure.

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