Kasasa Saver
Easy automatic savings fueled by your free Kasasa Cash account
Kasasa Saver is a free, high-interest savings account linked to your free Kasasa Cash Checking Account (they work together). The high interest you earn on your checking and your ATM fee refunds are automatically deposited into your free Kasasa Saver account every month. But that's not all. Your Saver account pays 0.35% APY* , so you can sit back, relax and watch your savings grow. Kasasa Saver.
Do you Kasasa?
- Summary
Kasasa Saver is perfect for you if you:
- Choose Kasasa Cash as your free checking account (whether you already have it or want to open both today)
- Want two high-interest accounts (Kasasa Cash and Kasasa Saver) both working hard to help you save
- Qualifications
Kasasa Saver and Kasasa Cash work together. You automatically earn 0.35% APY* on your Kasasa Saver when you meet the monthly qualifiers for Kasasa Cash Checking Account.
If you miss a month, don't worry!
There's no penalty for not qualifying in a given statement cycle and the account is still free. Plus you'll still earn a base rate of 0.01% APY*.
- More Information
* There is a $100.00 minimum balance requirement to open a Kasasa Cash and a Kasasa Saver account. Kasasa Cash rate tiers are as follows: 0.50% annual percentage yield (APY) on balances from $.01 to $25,000.00 and an APY of 0.20% on balances over $25,000.00. The stated APY is paid only if qualifications are met during the monthly qualification cycle. If the monthly qualifications are not met during the monthly qualification cycle an APY of 0.01% will apply to the entire balance. The advertised APY for the Kasasa Cash account is based on daily compounding of interest. However, if the Kasasa Cash account is linked to a Kasasa Saver the interest earned during the monthly qualification cycle is transferred and therefore will not compound at the Kasasa Cash stated yield but will compound and earn the Kasasa Saver stated yield. The Kasasa Saver APY may be less than the Kasasa Cash APYs. The Kasasa Saver rate tiers are as follows: 0.35% annual percentage yield on all balances $.01 to $50,000.00 and an APY of .20% on balances greater then $50,000.00 if qualifications are met during the monthly qualification cycle. The entire balance of the account will earn an APY of 0.01 APY if the qualifications are not met. ,Rates may change after an account is opened. Fees may reduce earnings. Qualifying transactions must post and clear the 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 actual transaction date. Intra-bank transfers do not count as a qualifying ACH transaction. ATM fee reimbursements (checking account only) provided only if the qualifications are met during the monthly qualification cycle.
