Build your savings — automatically. Free Kasasa Saver takes the work out of savings by doing the heavy lifting for you. This innovative account is linked to your equally free Kasasa Cash® checking account.

Every month, the rewards earned in your Kasasa Cash checking are automatically transferred to Saver, where they receive high interest. Save the hard work for something else. Kasasa Saver® makes reaching your goals as easy breezy as the windy city itself.


By Federal Law, you may make no more than six pre-authorized withdrawals, Internet banking, automatic or telephone transfers, check draft, and debit card or similar transactions from your account per month or statement cycle. You may make unlimited withdrawals in person, by mail, or at an ATM.  Repeated violations require account closure, change of account type, termination of transfer capabilities or other remedial actions.

Earning Your Rewards Is Easy!

Qualifying for your Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate, too. To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Have at least 1 direct deposit, ACH credit, or ACH payment transaction post and settle
  • Have at least 10 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements

Simple as that. Even if you don't qualify, there's still no monthly service fee for either of your Kasasa® accounts, and you'll still earn interest at the base rate. Plus, you can get back to earning huge rewards the very next month!

*APY = Annual Percentage Yield.  APYs accurate as of 12.01.16.  Rates may change after account is opened.  Minimum to open is $1.00.  To receive rewards, have at least 10 debit card purchases (PIN or Signature based) post and settle, be enrolled to receive eStatements, and have at least 1 direct deposit or automatic payment (ACH) post and settle.  If qualifications are met each qualification cycle: (1) Nationwide ATM fees incurred during qualification cycle will be reimbursed, up to $30.00 and credited to Kasasa Cash account on the last business day of the statement cycle: (2) balances up to $25,000 receive APY of 2.50%; and (3) balances over $25,000 earn 0.25% APY on the portion of the balance over $25,000, resulting in 2.50% - 0.70% APY depending on balance.  This means if qualifications are met, the APY decreases as your balance increases above $25,000.  If qualifications are not met in Kasasa Cash all balances earn 0.03% APY. Actual interest amount paid may be less than advertised Kasasa Cash APY.  Qualifying transactions must post to and settle Kasasa Cash account during qualification cycle.  Transactions may take one or more business days from the transaction date to post to and settle account.  "Qualification Cycle" means a period beginning the last business day of the previous statement cycle through the business day prior to the last business day of the current statement cycle.  "Qualification Cycle" is not the same as Monthly Statement Cycle.  The advertised Kasasa Cash APY is based on compounding interest.  Interest earned in Kasasa Cash and any ATM refunds are automatically transferred to Kasasa Saver after each statement cycle and then compounds at the Kasasa Saver interest rate.  Automatic transfer may cause an overdraft to your Kasasa Cash account, if the account's balance is less that the transferred amount when transfer occurs. Actual interest 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 qualification cycle, all balances in Kasasa Saver account receive an APY of 0.50%.  If qualifications are not met in Kasasa Cash, all balances in Kasasa Saver account earn 0.03% APY.  The following activities do not count toward earning account rewards: transfers between accounts, Electronic checks, FSB Bank to Bank transfers ATM withdrawals and credits to the account, via reimbursements to the accounts's debit card. Nationwide ATM fee reimbursements, up to $30.00 provided only if qualifications are met within the qualification cycle.  ATM receipt must be presented for reimbursement of a questioned ATM fee.  Limited one account per SSN.  Fees could reduce the earnings on the account. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.