Free Interest-Earning Account
Earn 0.75% APY* interest on balances up to $200,000. This account helps you save and grow your Kasasa® Cash rewards automatically. Built as the perfect match to our Kasasa Cash® Checking account, it’s a great way to maximize the benefits of being a Kasasa account holder!Open Online
Enjoy the Kasasa Saver Account Benefits
- Free account that builds your savings effortlessly
- Automatic transfers of Kasasa Cash earnings
- No minimum balance required to earn rewards
- No monthly maintenance fees
- $50.00 minimum deposit to open
Earning Your Kasasa Cash Rewards is Easy
Qualifying for your Kasasa Cash 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 account during each Monthly Qualification Cycle:
- At least 1 direct deposit of ACH payment transaction
- At least 12 debit card purchases of $5.00 or more
- Be enrolled in and agree to receive E-Statements
Don’t worry if you don’t meet your qualifications — there’s still no monthly maintenance fee and you still earn the base interest/dividend rate. Plus, you can get right back to earning your 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, debit card purchases processed by merchants and received by our bank as ATM transactions, PIN-based, signature-based transactions, 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. Reward Information: Rewards vary by account. When your linked Kasasa Cash or Kasasa Saver account qualifications are met during a Monthly Qualification Cycle, your Kasasa Saver account balances up to $200,000 receive an APY of 0.75%; and balances over $200,000 earn 0.25% interest rate on the portion of balance over $200,000, resulting in a range from 0.75% to 0.58% APY depending on the account’s balance. When qualifications are not met, all Kasasa Saver balances earn 0.05% APY and only the non-qualifying interest from the Kasasa Cash account is transferred to your Kasasa Saver account. Interest, cash back payments and ATM fee reimbursements are credited to the appropriate account on the last day of the current statement cycle and are automatically transferred to the linked Kasasa Saver account at the same time or 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 10/08/2021. 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. $50 minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit/debit, enrollment in online banking, receipt of electronic statements are a condition of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit 1 account(s) per social security number. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance 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. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.