- 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 $50,000
- 1.00% to 0.53% APY on balances over $50,000 depending on balance in account*
- 0.01% 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
- $25 minimum deposit to open
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 15 check card purchases
- Be enrolled in and agree to receive e-statements
It’s as simple as that. Even if you don’t meet your qualifications during the cycle, your accounts are still free. And you’ll still earn our base rate for Kasasa Saver. Then you can get back to earning your full rewards the very next month.
*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 and transfers between accounts. "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 Kasasa Cash 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: Balances up to $50,000.00 receive APY of 1.00%; and balances over $50,000.00 earn 0.30% interest rate on the portion of balance over $50,000.00, resulting in a range from 1.00% to 0.53% APY depending on the account's balance. Kasasa Cash: Balances up to $10,000.00 receive a non-compounding APY* of 2.00%; and balances over $10,000.00 earn 0.20% interest rate on the portion of balance over $10,000.00, resulting in a non-compounding range from 2.00% to 0.36% APY* depending on the account's balance. When Kasasa Cash qualifications are not met, Kasasa Saver: All balances earn 0.01% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.01%. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account's balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 04/09/2018. 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, and other requirements apply. $25.00 minimum deposit is required to open the account. Monthly ACH credit or ACH debit, have at least 15 check card purchases post and settle and enroll in and agree to receive E-statements via online banking, are conditions of these accounts. Limit one (1) account type per individual taxpayer identification number. There are no recurring monthly maintenance charges or fees to open, maintain, or close this account. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.