- Free account that builds savings effortlessly
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 1.50% APY on balance up to $100,000
- 1.50% - 1.00% APY on balances over $100,000 depending on balance in account*
- 0.05% APY if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free online banking
- Free mobile banking
- Free e-statements
- No minimum deposit to open
It’s Easy to Qualify
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 direct deposit or ACH payment transaction
- At least 10 debit card purchases
If for some reason you don’t meet these qualifications, don’t worry — You can still earn our base rate on Kasasa Saver and get right back to earning full rewards the very next cycle that you qualify.
When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, average daily balances up to and including $100,000.00 in your Kasasa Saver account earn an APY of 1.50% and average daily balances over $100,000.00 earn a dividend rate of 0.50% on the portion of the average daily balance over $100,000.00, resulting in a range from 1.50% to 1.00% APY depending on the account's average daily balance. When your linked Kasasa Cash or Kasasa Cash Back account qualifications are not met, the entire average daily balance in the Kasasa Saver account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05% APY. Dividends will be credited to your Kasasa Saver account on the first processing day of the following statement cycle.
APY = Annual Percentage Yield. APYs accurate as of 9/1/2019. 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. "Monthly Qualification Cycle" means the statement cycle preceding the current statement cycle. Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.