"Kasasa®" isn't just something you yell out from a conga line. Free Kasasa Saver® keeps you connected to the community at large! Not to mention, it connects your savings to your free Kasasa Cash®, account.
This means that all the rewards you earn through Kasasa checking are quickly and easily transferred into your savings. No monthly service fee, no minimum balance, no reason to stop dancing. Do the Kasasa!
"How do I earn my rewards?"
Pretty easily! Now you just need to meet four little qualifications. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
That's it! And if for some reason you don't meet the qualifications on your Cash account, don't worry. Your account is still free and you still earn our base Saver rate. You can get back to earning your full rewards the very next monthly qualification cycle.
*APY=Annual Percentage Yield. APYs accurate as of 01/012016. 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 up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive 2.75% APY; and (3) balances over $10,000 earn 0.01% interest rate on portion of balance over $10,000, resulting in 2.75% - 0.34% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% 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. "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 dividends. Dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual dividend 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) all balances in Kasasa Saver receive an APY of 0.50%. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.01% APY. Transfers between accounts do not count as qualifying transactions. PIN based transactions and ATM-processed transactions do not count towards qualifying debit card transactions. Limit one account per SSN. Commercial accounts may not participate in this program. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.