This innovative account actually builds your savings for you—even without a dime out of your own pocket! Kasasa Saver is linked to your free Kasasa Cash checking to simplify your banking and earn rewards at the same time.
While megabanks invent ways to move your money around to appear great, Kasasa Saver actually helps you save. It's linked to your Kasasa Cash rewards—incredible interest and nationwide ATM fee refunds.* Those free rewards are automatically transferred to this interest-bearing savings account.
Do you Kasasa?
- Automatic transfers from free Kasasa Cash
- Never a monthly service fee
- No minimum balance to earn rewards
- Earn 0.50% APY* on balances up to $100,000 when qualifications are met
- Earn 0.50% - 0.45% APY on amount of balance over $100,000 depending on balance in account*
- Earn 0.03% APY* if easy qualifications aren't met
- Free online banking
- Free eStatements
- $1 minimum deposit to open
You need a free Kasasa Cash checking account to open Kasasa Saver. You automatically qualify for Kasasa Saver's highest interest rate when you qualify for the Kasasa Cash rewards by doing the following each monthly qualification cycle:
- Be enrolled and receive eStatement notice
- Have one automatic payment (ACH) post and settle
- Have at least 15 debit card purchases post and settle
If you don't qualify one monthly qualification cycle, don't worry. Both accounts are still completely free and earn our base rate of interest. You can get back to the full rewards the very next monthly qualification cycle.
*APY=Annual Percentage Yield. Rates Effective as of current date. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash and $1 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 $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.10%; and (3) balances over $10,000 earn 0.40% interest rate on the portion of the balance over $10,000, resulting in 2.10% - 0.55% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances earn 0.03% 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 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 $100,000 in Kasasa Saver receive an APY of 0.50%; and (2) balances over $100,000 in Kasasa Saver earn 0.40% interest rate on portion of balance over $100,000, resulting in 0.50% - 0.45% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.03% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per Social Security Number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher