Kasasa Saver

Save money automatically, without cutting into your paycheck. That’s the beauty of Kasasa Saver®. This free, high-interest savings account links to Kasasa Cash® or Kasasa Cash Back® checking accounts. So the rewards you earn there get transferred automatically here! But this account does more than move your money around. Earn up to 1.00% APY* on your balance. Got some cash you can spare? Easily transfer funds to your Kasasa Saver account with free online and mobile banking. It’s easy to qualify — start saving today!

Summary
  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash or Kasasa Cash Back checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 1.00% APY* on balances up to $100,000
  • 1.00% to 0.51% APY on balances over $100,000 depending on balance in account*
  • 0.01% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free eStatements
  • Free mobile banking
  • No minimum deposit to open

It’s Easy to Earn Rewards

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 bill pay or ACH debit transaction post and settle
  • Be enrolled in and agree to receive eStatements

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!

*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards:  ATM-processed transactions, transfers between accounts, credit card purchases, debit card purchases processed by merchants and received by our Bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our Bank. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle.

Reward Information: When your Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $100,000 receive APY of 1.00%; and balances over $100,000 earn 0.50% interest rate on the portion of balance over $100,000 resulting in a range from 1.00% to 0.51% APY depending on the account’s balance. Kasasa Cash: Balances up to $25,000 receive a non-compounding APY* of 2.00%; and balances over $25,000 earn .50% interest rate on the portion of the balance over $25,000, resulting in a non-compounding range from 2.00% to .50% APY* depending on the account’s balance. Kasasa Cash Back: 2.00% cash back on up to a total of $400.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $8.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash/Cash Back qualifications are not met, Kasasa Saver: All balances earn .01 APY. Kasasa Cash linked with saver: All balances earn a non-compounding APY* of 2.00%. Kasasa Cash Back: No cash back payments are made. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 01/19/2016. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit or Debits, enrollment in online banking, receipt of electronic statements may be a condition(s) of this accounts. Enrollment in electronic services (e.g. online banking, electronic statements) may be required to meet some of the account’s qualifications. Limit 1 account(s) per social security number / individual taxpayer identification number. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our Bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC.  Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.

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