Put your savings on cruise control with Kasasa Saver®. Then sit back and watch your earnings grow — automatically! This free account works alongside your Kasasa Cash® or Kasasa Cash Back® checking to help you save, with no real effort on your part. We’ll transfer the rewards from your Kasasa®checking account to your Kasasa Saver each month, where you can earn up to a high 0.50% APY.* It’s an easy way to set aside more cash each month — all without having to cut back on the fun stuff.
- 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
- 0.50% APY* on balances up to $10,000
- 0.50 to 0.18% APY on balances over $10,000 depending on balance in account*
- 0.03% 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
- No minimum deposit to open
Here’s how you earn rewards
If you earn your Kasasa checking rewards for the month, you automatically earn a higher Kasasa Saver rate, too. Remember, to earn your full Kasasa rewards, just do the following activities and transactions within your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
Easy, wasn’t it? And there’s never a penalty fee if you miss your monthly qualifications. Both your Kasasa checking and Kasasa Saver accounts are always free. Plus, you can get back to earning higher rates the very next cycle!
*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, credit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit or credit 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: When your Kasasa Cash or Kasasa Cash Back 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 statement cycle: Kasasa Saver: Balances up to $10,000 receive APY of .50%; and balances over $10,000 earn .15% interest rate on the portion of balance over $10,000, resulting in a range from .15% to .50% APY depending on the account’s balance. Kasasa Cash: Balances up to $10,000 receive a non-compounding APY* of 2.00%; and balances over $10,000 earn .15% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from .15% to 2.00% APY* depending on the account’s balance. Kasasa Cash Back: 2.00% cash back on up to a total of $500 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Cash Back qualifications are not met, Kasasa Saver: All balances earn .05% APY. Kasasa Cash: All balances earn a non-compounding APY* of .05%. Kasasa Cash Back: No cash back payments are made. *When linked to the Kasasa Saver account, the dividends 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 10/1/2015. 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 enrollment in online banking, receipt of electronic statements are conditions of this account. 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 1 account per social security number. An account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our credit union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member Federally insured by NCUA. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.