Kasasa Saver

Kasasa Saver

What's better than a Kasasa Cash® checking account? Well... having a Kasasa Saver free savings account working alongside it!

Your Kasasa Cash rewards are automatically transferred into your Kasasa Saver when you meet the easy monthly qualifications on Kasasa Cash. And Kasasa Saver earns a high 0.75% APY,* so you can build your savings automatically! It's an easy way to save.

Summary
  • Earn 0.75% APY* on balances up to $15,000 if qualifications are met
  • Earn 0.25% APY on balances over $15,000 if qualifications are met
  • Earn 0.75% to 0.25% APY on all balances if qualifications are met
  • Earn 0.05% APY* if qualifications are not met on Kasasa Cash
  • Linked to free Kasasa Cash account
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free eStatements
  • Bounce Protection available
  • Minimum $1 deposit to open

Qualifications

There are no extra qualifications to get the Kasasa Saver reward rate. If you qualify for Kasasa Cash rewards, you automatically get the Kasasa Saver rate too! To earn these rewards, simply do the following during the monthly qualification cycle:


  • Have at least 10 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH), direct deposit, or bill pay transaction post and settle
  • Be enrolled and receive eStatement notice

If you don't meet the qualifications, don't worry. There's no penalty and you still have a free savings account that earns our base rate of interest. Plus, you can get back to earning rewards the very next monthly qualification cycle.


*APY=Annual Percentage Yield. Annual Percentage Yield (APY) accurate as of 6/26/12. Kasasa Cash rate tiers are as follows: 2.01% APY applies to balances of $0.01 to $15,000 and 0.25% APY applies to balances over $15,000 if qualifications are met each qualification cycle. 0.05% APY applies to all balances if qualifications are not met. All balances will earn 2.01% APY to 0.25% APY if qualifications are met each qualification cycle. Kasasa Saver rate tiers are as follows: 0.75% applies to balances of $0.01 to $15,000 and 0.25% APY applies to balances over $15,000 if qualifications are met on Kasasa Cash. 0.05% APY applies to all balances if monthly qualifications are not met on Kasasa Cash. All balances will earn 0.75% APY to 0.25% APY if monthly qualifications are met in each qualification cycle on Kasasa Cash. The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver in the next statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. Qualifying transactions must post and settle Kasasa Cash during the monthly qualification cycle. Transactions may take one or more banking days from the transaction date to post to an account. ATM-processed transactions do not count towards qualifying debit card transactions. Intra–bank transfers do not count as qualifying transactions. ATM Fee reimbursements (Kasasa Cash account only) provided only if qualifications are met within the monthly qualification cycle. If a single fee is greater than $4.99 a receipt is required. Available on personal accounts only. Accounts available to residents of our primary market areas of Crawford County Illinois, Knox County Indiana and their adjoining counties.