Kasasa Saver® is a free, high-interest account linked to free Kasasa Cash® checking. Here's how it works: the interest and ATM withdrawal fee refunds* earned on Kasasa Cash are automatically transferred into Kasasa Saver every month.
But that's not all. Your Kasasa Saver balance earns high interest, so you can sit back, relax, and watch your savings grow!
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash checking
- Automatic transfers of Kasasa Cash earnings
- 0.50% APY* on balances up to $75,000.99
- 0.41% to 0.15% APY on balances over $75,001 depending on balance in account*
- 0.01% APY* if qualifications are not met on Kasasa Cash
- No monthly service fee
- No minimum balance to earn rewards
- 6 free transfers/withdrawals per month; $2 fee for withdrawals in excess thereafter
- Free online banking
- Free mobile banking
- Free eStatements
- Free telephone banking
- Direct deposit available
- $100 minimum deposit to open
- eStatements required to open and maintain the account
It's Easy to Earn Your Rewards!
Qualifying for your Kasasa Cash 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 account during each Monthly Qualification Cycle:
- Have at least one direct deposit or ACH payment transaction post and settle
- Have at least 18 debit card purchases post and settle
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!
*APY=Annual Percentage Yield. APYs accurate as of 2/8/2018. Rates may change after account is opened. Fees may reduce earnings. 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 $15 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000.99 receive APY of 2.02%; and (3) balances over $10,000.99 earn 0.15% interest rate on the portion of the balance over $10,000.99, resulting in 0.41% - 0.15% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% APY. Qualifying transactions must post to 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 to and settle account. 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 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. Interest earned in Kasasa Cash is 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 $75,000.99 in Kasasa Saver receive an APY of 0.50%; and (2) balances over $75,000.99 in Kasasa Saver earn 0.15% interest rate on portion of balance over $75,000.99, resulting in 0.41% - 0.15% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.01% APY. ATM receipt must be presented for reimbursement of an individual ATM fee of $10.00 or higher. ATM transactions and transfers between accounts do not count as qualifying transactions. Direct Deposits include payroll, Social Security, and other government benefits, and tax refunds. Limit one account per Social Security Number (SSN).