Free Kasasa Saver

Save money and some serious effort with an account that does the heavy lifting for you. Free Kasasa Saver® links to your equally free Kasasa Cash® or Kasasa Cash Back® checking account to put your savings into overdrive.

Each month you earn rewards on your Kasasa® checking, those rewards are auto-transferred into Kasasa Saver — where they’ll start racking up a high rate of interest. It’s like doubling up on rewards!

Summary
  • 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 $10,000
  • 1.00% to 0.31% APY on balances over $10,000 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
  • Free eStatements
  • Free mobile banking
  • $100 minimum deposit to open
  • Open online in minutes
    • $300 maximum opening deposit if opened online

Earn Your Savings Rewards — Effortlessly! 

Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle: 

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 ACH debit transaction or direct deposit post and settle
  • Be enrolled in and agree to receive eStatements

That’s all! If you don’t meet your qualifications on your Kasasa Cash or Kasasa Cash Back during the Monthly Qualification Cycle, don’t worry. There’s no penalty, and your Kasasa® accounts are still free. Plus, you’ll still earn our base interest rate and can get back to earning your full rewards the very next month.

*APY=Annual Percentage Yield. APYs accurate as of 2/1/2016. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $9.99 per transaction and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 2.25%; and (3) balances over $15,000 earn 0.25% interest rate on the portion of the balance over $15,000, resulting in 2.25% - 0.51% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.05% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying check card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 1.00%; and (2) balances over $10,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $10,000, resulting in 1.00% - 0.31% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts do not count as qualifying transactions. Limited to one Kasasa Checking and one Kasasa Saver account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $10.00 or higher. Minimum to open Kasasa Cash Back and Kasasa Saver is $100 each. If qualifications are met during a monthly qualification cycle on your Kasasa Cash Back Account: (1) Receive 3.00% cash back on debit card purchases net of returns up to $300 that post and settle during each monthly qualification cycle up to $9.00 per qualification cycle; (2) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $9.99 per transaction; (3) Cash Back and ATM reimbursements will be credited to account on the last day of monthly statement cycle if qualifications are met. Qualifying transactions must post and settle to account during monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post and settle to an account. ATM transactions do not count towards qualifying check card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Kasasa Cash Back rewards from Kasasa Cash Back and ATM fee reimbursements are automatically transferred to Kasasa Saver at the beginning of the following statement cycle if Kasasa Saver is open. Transfers between accounts do not count as qualifying transactions. Limited to one Kasasa checking and one Kasasa Saver account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $10.00 or higher.