Kasasa Saver
How cool is Kasasa? It actually builds your savings for you. That's because your Kasasa Cash or Kasasa Cash Back rewards are automatically transferred to Kasasa Saver—a free savings account that earns interest way above the national average. Savings that builds itself...now that's Kasasa!
- Summary
- 1.00% APY* on balances up to $10,000
- 0.35% APY* on amount of balance over $10,000
- 0.05% APY* if qualifications are not met
- No monthly service fee
- No minimum balance to earn rewards
- Linked to Kasasa Cash or Kasasa Cash Back checking account
- Free access to Kasasa 360
- Free online banking
- Free paperless eStatements
- $25 minimum deposit to open, no minimum thereafter
Qualifications
You qualify for the high Kasasa Saver rate automatically when you meet the qualifications for your Kasasa Cash or Kasasa Cash Back checking account.
That's it. Simple things that make your life easier. But if you don't qualify one month, don't worry. Your Kasasa accounts are still free. And you can get back to earning the full rewards the very next month!
*APY=Annual Percentage Yield. APYs accurate as of 05/01/2013. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $25 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 $10,000 receive APY of 2.25%; and (3) balances over $10,000 earn 0.35% interest rate on the portion of the balance over $10,000, resulting in 2.25% - 0.52% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Fees may reduce earnings. 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. "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 $10,000 in Kasasa Saver receive an APY of 1.00%; and (2) balances over $10,000 in Kasasa Saver earn 0.35% interest rate on portion of balance over $10,000, resulting in 1.00% - 0.41% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts and ATM transactions do not count as qualifying transactions.
