Kasasa Saver

Easy automatic savings fueled by your free Kasasa Cash account

Kasasa Saver is a free, high-interest saver account linked to your free Kasasa Cash checking account (they work together). So the 2.51%APY* you make on your checking is automatically deposited into your free Kasasa Saver account every month. But that's not all. Your Saver account also piles 1.01%APY* on top of that; 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
No minimum balance

Qualifications:

To easily grow your savings with 2.51% APY* from Kasasa Cash & 1.01% APY* from Kasasa Saver do the following each monthly qualification cycle:

Have at least 12 signature-based Debit Card purchases post and clear
Have at least 1 automatic payment or direct deposit post and clear
Receive e-statements

If you miss a month, don't worry!

There's no penalty for not qualifying in a given monthly qualification cycle and the accounts are still free. Plus you'll still earn a base rate of 0.10%APY* on your Kasasa Cash account which will be automatically deposited into your Kasasa Saver account which will also earn earn a base rate of 0.10%APY*. You can get right back to making 2.51%APY* on your free Kasasa Cash checking account and earning 1.01% APY* on your free Kasasa Saver account plus enjoy ATM fee refunds** the next cycle you qualify.

Disclaimer:

Minimum to open the Kasasa Cash account is $100 and $100 for Kasasa Saver. Kasasa Cash account rate tiers are as follows: 2.51% APY applies to balances of $.01 - $10,000 and 0.50% APY applies to balances over $10,000 if qualifications are met during the monthly qualification cycle. 0.10% APY applies to all balances if qualifications are not met. All balances will earn 2.51% APY - 0.50% APY if qualifications are met.

The APY assumes that Kasasa Cash account interest is not compounded when linked to Kasasa Saver, because the interest is automatically transferred to the Kasasa Saver account at the end of the monthly qualification cycle. The interest from the Kasasa Cash account transfers to the Kasasa Saver account, whether the qualifications are met or not.

Qualifying transactions must post and clear to the Kasasa Cash account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Intra‐bank transfers do not count as qualifying transactions. Kasasa Saver rate tiers are as follows: 1.01% APY applies to all savings balances if qualifications are met during the monthly qualification cycle on the Kasasa Cash account. 0.10% APY applies to all balances if qualifications are not met on the Kasasa Cash account. All balances will earn 1.01% APY if qualifications are met on the Kasasa Cash account.

*Annual Percentage Yield (APY) accurate as of 7/1/2011. Rates may change after the account is opened. Fees may reduce earnings. **Nationwide ATM fee reimbursements (Kasasa Cash account only) up to 10 transactions per monthly qualification cycle provided only if qualifications are met within the cycle. Personal accounts only. Limit 1 account per household/social security number.

Send us questions to learn more.