Kasasa Saver

Grow your balance quickly with this free savings account. Free Kasasa Saver® pays you high interest, much higher than the national average.

To make saving even easier, Kasasa Saver is linked to your free Kasasa® checking account. Have your Kasasa checking rewards transferred to Kasasa Saver for savings you don’t have to think twice about. 

  • Free savings that pays really high interest
  • Earn 1.00% APY* on balances up to $50,000
  • Earn 1.00% to 0.25% APY* on balances over $50,000, depending on balance in account
  • Earn 0.05% APY if qualifications aren’t met*
  • Linked to your free Kasasa Cash®
  • Free online banking 
  • Free mobile banking
  • Free eStatement
  • Free Visa® debit card
  • $25 minimum opening deposit

How to Earn Our Highest Rate

Qualifying for the Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled, receive, and review eStatement notice
  • Have at least 1 automatic payment (ACH) (direct deposit or auto debit) post and settle

That’s it — we told you it was easy! And if you don’t qualify one month, don’t worry. Your account is still free! You can get back to earning our highest rate the very next month you qualify.

*APY=Annual Percentage Yield. APYs accurate as of 04/01/2013. Rates may change after account is opened. Minimum to open is $1 for Kasasa Cash and $25 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.01%; and (3) balances over $10,000 earn 0.25% interest rate on the portion of the balance over $10,000, resulting in 2.01% - 0.25% APY depending on the balance. If qualifications are not met on Kasasa Cash or Kasasa Saver 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 debit card transactions. "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. Banking day is considered all transactions posted prior to 4pm. 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 $50,000 in Kasasa Saver receive an APY of 1.00%; and (2) balances over $50,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $50,000, resulting in 1.00 % - 0.25% 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. Limit one account per Social Security Number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.