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Kasasa Saver

If you already have a Kasasa Cash® or Kasasa Cash Back® account, you can make them even better by linking them to Kasasa Saver®. This built-in savings tool helps you save even more without the extra effort!

Each monthly qualification cycle, the interest/cash back and ATM refunds from your Kasasa Cash or Kasasa Cash Back account are automatically transferred into Kasasa Saver. And your Saver balance earns a 0.50% APY* to boot! All you have to do is meet the qualifications of Kasasa Cash or Kasasa Cash Back each monthly qualification cycle. Do you Kasasa?

Summary
  • Linked to Kasasa Cash or Kasasa Cash Back account
  • Automatic transfers of rewards
  • 0.50% APY* on balances up to $10,000
  • 0.50% to 0.27% APY on balances over $10,000 depending on balance in account*
  • 0.05% APY* if monthly qualifications are not met
  • No minimum balance required
  • Free online banking
  • Free eStatements
  • Free mobile banking
  • $100 deposit to open

It's easy to qualify

Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:

  • At least 10 debit card purchases
  • Be enrolled in and agree to receive e-statements
  • Be enrolled in and log into online banking

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 processed by merchants and received by our bank, non-retail payment transactions, and purchases made with debit or credit 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.

Kasasa Saver with Kasasa Cash

*When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account on the last day of the current statement cycle: Kasasa Saver: Balances up to $10,000 receive an APY of 0.50%; and balances over $10,000 earn an APY of 0.25% on the portion of balance over $10,000, resulting in a range from 0.50% to 0.27% APY depending on the account’s balance.  Kasasa Cash: Balances up to $25,000 receive a non-compounding APY* of 3.01%; and balances over $25,000 earn an APY of 0.50% on the portion of balance over $25,000, resulting in a non-compounding range from 3.01% to 1.00% APY* depending on the account’s balance.  When Kasasa Cash qualifications are not met, Kasasa Saver: All balances earn 0.05% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.05%. *When linked to the Kasasa Saver account, the interest/dividends 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 10/25/2017. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Kasasa Saver with Kasasa Cash Back

*When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account on the last day of the current statement cycle: Kasasa Saver: Balances up to $10,000 receive an APY of 0.50%; and balances over $10,000 earn an APY of 0.25% on the portion of balance over $10,000, resulting in a range from 0.50% to 0.27% APY depending on the account’s balance.  2.00% cash back on up to a total of $500.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa  Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY.  Kasasa Cash Back: No cash back payments are made. APY = Annual Percentage Yield. APYs accurate as of 10/25/2017. 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.  Minimum deposit of $100.00 is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements), and log-ons are required to meet some of the account’s qualifications. Limit 1 account per primary social security number / individual taxpayer identification number. There are no recurring monthly maintenance charges or fees to open or close this account. Contact one of our bank financial service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC

Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.