Kasasa Saver® Account
Compliment your Kasasa checking with this free account that helps build-up savings automatically!
Link your Kasasa® checking to this free account that effortlessly saves-up and builds those rewards with a high rate!
- 1.50% APY* on balances up to $250,000
- 1.50% to 1.14% APY on balances over $250,000 depending on balance in account*
- 0.05% APY* if qualifications are not met
- Links to your Kasasa Cash® or Kasasa Cash Back® checking
- No monthly maintenance fee
- Free Online and Mobile Banking with bill pay
- Free eStatements
- Free Visa® debit card
- No minimum deposit to open
It’s so easy to qualify; you’re probably already doing it!
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:
- Have at least 10 debit card purchases post and settle
- Be enrolled and receive eStatements
- Be enrolled and log into online banking
- Have at least 1 automatic payment (ACH) or direct deposit post and settle
That’s it. Don’t worry if you don’t qualify during the cycle, you’ll still earn the base dividend rate. Plus, you can get right back to earning your full rewards the very next month!
See all current rates and services charges.
*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, non-retail payment transactions and purchases made with debit cards not issued by our credit union. “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. Depending on what Kasasa account you open, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle: Kasasa Cash: Balances up to $15,000 receive an APY* of 3.04%; and balances over $15,000 earn 0.25% interest rate on the portion of balance over $15,000, resulting in a range from 3.04% to 0.61% APY* depending on the account’s balance. Kasasa Cash Back: 2.00% cash back on up to a total of $500.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle. Kasasa Saver: (Linked to a Kasasa Cash or Kasasa Cash Back account): Balances up to $250,000 in your Kasasa Saver account receive an APY of 1.50% and balances over $250,000 earn 0.25% interest rate on the portion of balance over $100,000 resulting in a range from 1.50% to 1.14% APY depending on the account’s balance. ATM Fee Refunds: you will receive reimbursements up to $20.00 ($5.00 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of more than $5.00. When your Kasasa account qualifications are not met all balances in a Kasasa Cash account earn 0.05% APY*; all balances in a Kasasa Saver account earn 0.05% APY; Cash Back payments are not made. Rewards and ATM fee reimbursements will be credited to the appropriate Kasasa account on the last day of statement cycle. Automatic transfer from Kasasa Cash to Kasasa Saver occurs within one day and may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. *When linked to the Kasasa Saver account, the dividends earned within the linked Kasasa Cash account do not compound since it is automatically transferred to the Kasasa Saver account. Due to non-compounding, the actual dividend amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY*, if the advertised APY* is represented without a linked Kasasa Saver account. APY = Annual Percentage Yield. APYs accurate as of 02/01/2019. 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. Monthly Direct Deposit or automatic payment (ACH) Transaction, enrollment in online banking, receipt of electronic statements are condition(s) 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 one Kasasa Checking and one Kasasa Saver account per individual taxpayer identification number. There are no recurring monthly service charges or fees to open or close this account. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Contact one of our credit union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.