Kasasa Saver
Put your Kasasa Cash earnings to good use and earn 1.40% APY* with Kasasa Saver. This free savings account is linked to your Kasasa Cash Account. Each month Kasasa Cash account rewards and ATM fee refunds are automatically transferred to this savings account, where they'll earn a second great rate!
If you are an existing account holder and wish to switch to a Kasasa account, please submit a Contact Us form explaining your request.
Questions?- Summary
- 1.40% APY* on balances up to $40,000
- 0.30% APY* on amount of balance over $40,000
- 0.05% APY* if qualifications aren't met
- No monthly fees
- No minimum balance
- Automatically save Kasasa Cash ATM refunds
- Free debit card
- Free online banking
- Free online statements
- Direct deposit available
- Overdraft protection available
- FDIC insured
*APY=Annual Percentage Yield
Qualifications:
There are no additional qualifications to get the Saver rate. Every month you qualify for the Kasasa Cash rate, you automatically get the Saver rate as well. Each monthly qualification cycle just:
- Have at least 12 Debit MasterCard® point of sale transactions post and clear
- Have at least 1 Direct Deposit or 1 ACH debit post and clear
- Retrieve monthly Online Statements via Online Banking (a valid email address is required)
Chances are you're doing most of these already! Qualifying couldn't be easier!
You must have a Kasasa Cash Checking to open a Kasasa Saver account. Minimum to open a Kasasa Cash account and Kasasa Saver account is $50 per account. Annual Percentage Yield (APY) accurate as of 10/1/11. Kasasa Cash Rate tiers are as follows: 2.50% APY paid on balances of $.01- $20,000 and 0.50% APY paid on balances over $20,000 if qualifications met during the monthly qualification cycle. 0.05% APY applies to balances if monthly qualifications are not met. All balances will earn 2.50% APY – 0.50% APY if monthly qualifications are met. Qualifying transactions must post and clear the Kasasa Cash Account during the monthly qualification cycle. Transactions may take one or more business days to post and clear an account after the date a transaction is made. ATM transactions do not count as qualifying transactions. Intra-bank transfers do not count as qualifying ACH transactions. Nationwide ATM fee refunds (checking account only) up to $25 provided only if qualifications are met within the monthly qualification cycle. Kasasa Saver rate tiers are as follows: 1.40% APY paid on balances of $.01 - $40,000 and 0.30% APY paid on balances over $40,000 if qualifications are met during the monthly qualification cycle on Kasasa Cash account. 0.05% APY applies to all balances if qualifications are not met on Kasasa Cash account. All balances will earn 1.40% APY – 0.30% APY if qualifications are met on Kasasa Cash. The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. The actual interest paid could be less than the advertised APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. Rates may change after the account is opened. Fees may reduce earnings. Personal accounts only. Limit one account per household.
