This free, high-interest account is designed to help you grow your savings faster. To start with, the interest rate is way above the national average. A Kasasa Cash Back account is required at the time of opening a Kasasa Saver. If you have not opened your Kasasa Cash Back account, today is the day. (Please refer to our checking products, choose Kasasa Cash Back, and apply now!)
The ATM fee refunds from Kasasa Cash Back are automatically transferred to Kasasa Saver. It helps you build your savings without even thinking about it.
Do you Kasasa?
- Earn 0.50% APY* on balances up to $20,000
- Earn 0.25% APY* on amount of balance over $20,000
- Earn 0.10% APY* if qualifications are not met
- Linked to free Kasasa Cash Back checking account
- Automatic transfer of ATM fee refunds from Kasasa Cash Back
- 5 free withdrawals per month
- Free online banking
- Free eStatements
When you qualify for the Kasasa Cash Back rewards, you automatically qualify for the high-interest reward rate of Kasasa Saver. Simply do the following each monthly qualification cycle:
- Receive free eStatements
- Have at least one direct deposit or ACH automatic debit
- Have at least 12 debit card purchases of at least $5 post and clear
That's it! If you don't qualify one month, don't worry. Both accounts are still free, and you can get back to earning the full rewards the very next month.
*Minimum to open Kasasa Saver account is $50 and $50 for Kasasa Cash Back. Annual Percentage Yield (APY) accurate as of 12/5/11. Kasasa Saver rate tiers are as follows: 0.50% APY applies to balances of $0 - $20,000 and 0.25% APY applies to balances over $20,000 if qualifications are met during the monthly qualification cycle on the Kasasa Cash Back account. 0.10% APY applies to all balances if qualifications are not met on the Kasasa Cash Back account. All balances will earn the tiered rate, if qualifications are met on the Kasasa Cash Back account. Qualifying transactions must post and clear the Kasasa Cash Back account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. Rates may change after the account is opened. Fees may reduce earnings.