Get even more with this account that transfers, saves, and pays interest on your earned Kasasa checking rewards!
Key Features
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Makes Savings Effortless
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Earns Interest
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No Monthly Maintenance Fees
- Account that builds your savings effortlessly
- Links to Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash® or Kasasa Cash Back® earnings
- .50% APY* on balances up to $25,000
- 0.05% APY on balances over $25,000 depending on balance in account*
- 0.05% APY* if qualifications are not met
- No monthly maintenance fees
- No minimum balance requirements to earn rewards
- Digital banking
- $100 minimum deposit to open
Please note that receiving eStatements is a condition of having this account.
Qualifying for the Higher Kasasa Saver Rate Isn’t Difficult at All
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- At least 1 Direct Deposit, ACH payment, or Bill Pay transaction
If for some reason you don’t meet these qualifications, don’t worry — You can still earn our base rate on Kasasa Saver and get right back to earning full rewards the very next cycle that you qualify.
Third party Internet/Data fees may apply for digital banking and mobile products, please check with your provider. / APY=Annual Percentage Yield / Fees could reduce earnings / Interest Rate is a variable rate that may change after the account is opened.
Kasasa Saver 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, debit card purchases processed by merchants and received by our bank as ATM transactions, debit card transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
Reward Information:
When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, average daily balances up to and including $25,000.00 in your Kasasa Saver account earn an APY of .50% and average daily balances over $25,000.00 earn an interest rate of 0.05% on the portion of the average daily balance over $25,000.00, resulting in a range from .50% to 0.20% APY depending on the account's average daily balance.
When your linked Kasasa Cash or Kasasa Cash Back account qualifications are not met, the entire average daily balance in the Kasasa Saver account earns an interest rate of 0.05% resulting in an annual percentage yield of 0.05% APY.
Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of January 31st, 2019.
APY calculations are based on an assumed balance of $25,000.00 + $100,000.00 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days.
Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information:
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
$100.00 minimum deposit is required to open the account.
Monthly verification of your enrollment in E-Statements is a condition(s) of these account(s).
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications.
Limit of one account(s) per primary social security number.
There are no recurring monthly maintenance charges or fees to open or close this account.
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.
Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Member FDIC.
Trademarks:
Kasasa, Kasasa Cash, Kasasa Cash Back, and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.