Free Kasasa Saver

Saving should be simple, so we put it on autopilot. Earn interest — and your Kasasa® checking rewards — each month automatically.

Rates

Key Features

  • Automatic Savings
  • Earn High Interest
  • No Monthly Maintenance Fee
  • No Minimum Balance Requirements
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  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back® checking to auto-transfer rewards
  • 1.00% APY‡ on balances up to $50,000
  • 1.00% to 1.34% APY on balances over $50,000 depending on balance in account‡
  • 0.05% APY‡ if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fee
  • No minimum balance to earn rewards
  • Free digital banking services, including:
  • $25 minimum deposit to open

View the 2023 Kasasa Qualification Cycle Dates.

Earning Your Rewards is So Easy — You're Probably Already Doing It!

There are no extra qualifications to get the Kasasa Saver reward rate. Qualifying for the Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, simply complete the following transactions and activities in your Kasasa checking account each monthly qualification cycle:

  • At least 12 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

If you don't meet the qualifications, don't worry! There's no penalty and both accounts are still free and earn our base rate of interest. Plus, you can get back to earning the full rewards the very next month.

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‡APY=Annual Percentage Yield. APYs accurate as of 11/17/2022. Rates may change after account is opened. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 4.33%; and (3) balances over $15,000 earn 0.75% interest rate on the portion of the balance over $15,000, resulting in a range of 4.33% to 1.22% APY depending on the balance. If qualifications are not met on Kasasa Cash 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 day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. 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 APY may be less than Kasasa Cash APY. 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 receive APY of 1.51%, resulting in a range of 1.00% to 1.34% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Limit one account per SSN.