Free Kasasa Saver
Link to your Kasasa® checking account and watch your money multiply!
You deserve to earn interest that’s way higher than the national average. Why make pennies on your balance when you can earn rewards that matter? Kasasa Saver® works with Kasasa Cash® or Kasasa Cash Back® checking to create an automatic savings builder that pays you high interest.
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash checking or Kasasa Cash Back
- Automatic transfers of Kasasa Cash earnings
- Automatic credits of Kasasa Cash Back earnings
- 1.25% APY¹ on balances up to $25,000
- 1.25% to 0.53% APY on balances over $25,000 depending on balance in account¹
- 0.05% APY¹ if qualifications are not met on Kasasa Cash
- No monthly service fee
- No minimum balance to earn rewards
- Free online banking
- Free eStatements
- FDIC insured
- $25 minimum deposit to open
It’s Easy to Maximize Your Savings!
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
- Have at least 1 automatic payment (ACH) or direct deposit post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
That’s all! 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!
Rates effective as of 12/05/2023.
¹Enrollment in online banking and eStatements is required to have a Kasasa Cash or Cash Back account, and a Kasasa Cash or Cash Back account must be maintained to have a Kasasa Saver account. APY=Annual Percentage Yield. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) balances up to $15,000 receive APY of 4.50%; and (2) balances over $15,000 earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 4.50% - 0.80% APY depending on the balance. For Kasasa Cash Back, you receive 2% cash back on debit card purchases that post and settle to the account during monthly qualification cycle up to a total cash back of $10 per monthly qualification cycle. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. To qualify for Kasasa Cash high interest or Kasasa Cash Back rewards during a monthly qualification cycle you must have: at least 12 debit card purchases post and settle, have at least 1 automatic payment (ACH) or direct deposit post and settle, be enrolled in and log into online banking and be enrolled in and receive e-statements. Qualifying transactions must post and settle to the Kasasa Cash or 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 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. Cash back earned from Kasasa Cash Back is automatically credited to Kasasa Saver account. If qualifications in Kasasa Cash or Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $25,000 in Kasasa Saver receive an APY of 1.25%; and (2) balances over $25,000 in Kasasa Saver earn 0.35% interest rate on portion of balance over $25,000, resulting in 1.25% - 0.53% APY depending on the balance. If qualifications are not met on Kasasa Cash or Kasasa Cash Back, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts do not count as qualifying transactions. Kasasa Cash or Cash Back account domestic ATM fees incurred during qualification cycle will be reimbursed up to $4.99 per fee incurred and up to a total of $10 per monthly qualification cycle. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.