If a penny earned is a penny saved, you'll need a bigger piggy bank to accommodate the extra cash flow generated by our free savings account, Kasasa Saver®. Our rates are much higher than the national average, so you can grow your savings quickly.

To make it even easier, Kasasa Saver is linked to your free Kasasa Cash® or Kasasa Cash Back® checking account. Have your rewards from checking transferred to Saver for savings you don't even have to think about! It's that easy!

Details
  • 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
  • 0.75% APY* on balances up to $15,000
  • 0.75% to 0.25% APY on balances over $15,000 depending on balance in account*
  • 0.15% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service charge
  • No minimum balance requirement
  • Free online banking
  • Free mobile banking
  • Free e-statements
  • $50 minimum deposit to open

How to Earn Our Highest Rate

We make it really easy to "qualify" for our rates. All you have to do are things that make banking easier anyway! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:

  • Have at least 10 debit card purchases post and settle
  • Be enrolled in and agree to receive e-statements
  • Be enrolled in and log into online banking

That's about it! And if for some reason, you don't qualify, no worries. Your account is still free and you still earn our base interest rate. You can get back to earning the full rewards the very next monthly qualification cycle.

*APY=Annual Percentage Yield. APYs accurate as of 5/26/2017. Kasasa Saver is available to those individuals that currently have a KASASA Cash or a KASASA Cash back account. Your KASASA Cash or KASASA Cash Back account must remain open throughout the period that you have the KASASA Saver account. In the event that you close your KASASA Cash or KASASA Cash Back account, we reserve the right to close your KASASA Saver account.The interest rate and annual percentage yield that will apply to your KASASA Saver account will be determined based on whether you have met the qualifications criteria for your KASASA Cash or KASASA Cash Back account. Rate Information: This Account is an interest bearing account. If the daily balance is less than $15,001.00, the interest rate paid on that portion of the balance will be 0.75%. The annual percentage yield for this tier will be 0.75%. If the daily balance is more than $15,000.99 the interest rate paid on that portion of the balance will be 0.25%. The annual percentage yield for this tier will range from 0.75% to 0.25%. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. When the KASASA Cash or KASASA Cash Back qualifications are NOT met, the interest rate on your KASASA Saver account will be 0.15% and the annual percentage yield will be 0.15%. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly. Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account eash day. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. Limitations: You mush deposit $50.00 to open this account. To qualify for preferred rates on your “KASASA Saver” account, your KASASA Cash or KASASA Cash Back account must meet the following qualifications during the monthly qualifications cycle. 1) Have at least 10 debit card purchases posted and settled 2) Be enrolled and receive e-statements 3)Be enrolled and log into online banking during the monthly qualification cycle
Enrollment in online banking and in electronic statement is required to meet qualifications.
Please note that transactions must post and settle to your account during the monthly qualification cycle.  They may not be in a pending state to qualify as one of the qualifications.  Transactions may take one or more banking days from the date the transaction was made to post and settle to an account. Monthly Qualification Cycle and Monthly Statement Cycle Explanation:  “Monthly Qualification Cycle” means a period beginning one banking day prior to the first day of the current statement cycle through one banking day prior to the close of the current statement cycle. Your account will be automatically qualified on that one day prior to the first day of the current statement cycle. What this means for you is if you did not qualify for the higher preferred rate, you might notice a slightly higher than the base rate APY earned on your statement due to the one day (the last day) being calculated with the higher preferred rate. “Monthly Qualification Cycle” means the current statement cycle.
You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including date transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfer and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
Limit one account per SSN.