Free Kasasa Saver®
Make saving easy and automatic with a free account that links to your Kasasa® checking.
Kasasa Saver® is saving simplified. Just like all Kasasa accounts, it has no monthly service fee. And this free account links to your free Kasasa Cash® or Kasasa Cash Back® checking to make saving effortless. When you earn cash rewards in your Kasasa checking, those earnings transfer into Kasasa Saver. Plus, Kasasa Saver pays up to 0.85% APY*! Open your accounts at any of our convenient locations today!
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 0.85% APY* on balances up to $100,000
- 0.85% to 0.48% APY on balances over $100,000 depending on balance in account*
- 0.05% APY* if qualifications are not met on Kasasa Cash® or Kasasa Cash Back®
- No monthly service fee
- No minimum balance to earn rewards
- Free online banking and bill pay
- Free MoneyDesktop
- Free eStatements
- Free mobile banking
- Free telephone banking
- Free debit card
- No minimum deposit to open
Qualifying for rewards is easy!
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
- Be enrolled in and log into online banking
- At least 1 bill pay or ACH payment transaction
That’s all there is to it!
Even if you don’t qualify one month, your account is still free — and you can get right back to earning your full 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 credit union as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our credit union. 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) 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: When your Kasasa Cash or Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $100,000.00 receive APY of 0.85%; and balances over $100,000.00 earn 0.20% interest rate on the portion of balance over $100,000.00 resulting in a range from 0.85% to 0.48% APY depending on the account’s balance. Kasasa Cash Back: 3.00% cash back on up to a total of $200.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back may be earned per Monthly Qualification Cycle. Kasasa Cash: Balances up to $25,000.00 receive a non-compounding APY* of 2.25%; and balances over $25,000.00 earn 0.20% interest rate on the portion of balance over $25,000.00, resulting in a non-compounding range from 2.25% to 0.61% APY* depending on the account’s balance. When Kasasa Cash or Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY. Kasasa Cash Back: No cash back payments are made. 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 dividends earned within the Kasasa Cash account do not compound since they are 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. APY’s accurate as of 04/24/2017. 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. No minimum deposit is required to open the account. Receipt of electronic statements is a condition of this account. Enrollment in online banking and log-ons will be required to meet some of the account’s qualifications. Limit 1 account per social security number. A Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our credit union financial services representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.