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Rates

Link your Kasasa® checking to this free account that pays a high rate and helps you save automatically.

Key Features

  • High Interest
  • Automatic Savings
  • No Monthly Maintenance Fees
  • No Minimum Balance Requirements
  • 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
  • 1.00% APY* on balances up to $500,000
  • 0.25% APY* on balances above $500,000
  • 0.25% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking
    • Free eStatements (paper statements available for a $3 fee per cycle)
  • No minimum deposit to open
  • 6 free withdrawals per month; $3 fee for withdrawals in excess thereafter1

It's Easy to Earn Your Rewards

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 1 ACH credit or ACH payment transaction
  • At least 12 debit card purchases

That's it. Even if you don't meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you'll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.

Free is further defined as no monthly service charge fees for your KASASA® account. However, you could still incur insufficient fund charges if your account becomes overdrawn.

Note: Other feesOpens in New Window* such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Unless stated, minimum opening deposit is only $100. Ask us for details. Bank rules and regulations apply. Interest and other Miscellaneous Income will be reported on 1099-INT or 1099-MISC. If under 18 years old, must have an adult co-owner on account.

Kasasa Cash with Kasasa Saver

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.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

Reward Information: When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $500,000 in your Kasasa Saver account earn an APY of 1.00% and daily balances over $500,000 earn an APY of 0.25 % on the portion of the daily balance over $500,000, resulting in a range from 0.25% to 1.00% APY depending on the account's daily balance.
When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are not met, the entire daily balance in the Kasasa Saver account earns 0.25% annual percentage yield.
Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of 8/01/2021.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. 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.
There are no recurring monthly maintenance charges or fees to open or close this account.

A Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account is required to have a Kasasa Saver account.
A linked Kasasa Saver account is required for automatic savings.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Member FDIC.

Trademarks: Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Tunes and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Kasasa Cash Back with Kasasa Saver

*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, PIN-based debit card purchases, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. 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 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: All balances receive APY* of 2.05% when qualifications are met, and when account qualifications are not met account balances will receive 0.25% APY*. Kasasa Cash Back: 2.00% APY* cash back on signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.25% APY*. Kasasa Cash Back: No cash back payments are made. 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. $100.00 minimum deposit is required to open the checking account. Monthly Direct Deposit/ACH credit and receipt of electronic statements are conditions of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements, Kasasa 360 and log-ons may be required to meet some of the account’s qualifications. A 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. A Dormant fee of $5.00 will be charged after 36 months of inactivity and if the balance falls below $50.00 per statement cycle. You may make 6 withdrawals from your Saver Account each month. A $3.00 charge will be assessed on each withdrawal in excess of 6 in a month. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. *APY = Annual Percentage Yield. APY effective date as of 12/02/2019.

1A withdrawal is further defined as a transfer of funds to another account(s) at the same institution OR making third-party payment(s) by means of preauthorized, automatic, or telephonic transfers OR withdrawals made by check, debit card, or other similar order made by the depositor and payable to third parties. A $3 charge (Money Market accounts have a $10 charge) will be assessed on each withdrawal in excess of 6 in a month (month is further defined as a calendar month OR statement cycle of at least four weeks). Accounts that have in excess of 6 withdrawals in a month are considered in violation of Reg-D and a notice will be sent reminding you of the transaction limitations on this account. If a second violation occurs within a rolling 12-month period, another notice will be sent informing you of the violation. If a third violation occurs during a rolling 12-month period, the account will be converted to a transactional demand deposit account and a notice will be sent to inform you of this change.