What if you had a savings account that builds on itself? By linking your Kasasa® checking accounts to Kasasa Saver® you get to take advantage of an effortless savings strategy that earns 4.00% APY‡ on balances up to and including $50,000. Now that's a reason to set it, forget it, and earn!
- An account that builds your savings effortlessly
- Links to Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash earnings
- 4.00% APY‡ on balances up to and including $50,000
- 1.47% to 4.00% APY‡ depending on the balance in the account
- 0.05% APY‡ if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free digital banking services, including:
- Free online banking
- Free mobile banking
- Free E-Statements
- $100 minimum deposit to open
- $1 fee per withdrawal in excess of three (3) per month
It’s Easy to Earn Your Rewards
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:
Kasasa Cash:
- At least 12 debit card purchases
- At least 1 direct deposit or ACH transaction
- Be enrolled in and agree to receive E-Statements
Kasasa Cash Back:
- At least 10 debit card purchases
- At least 1 direct deposit or ACH transaction
- Must be enrolled in and agree to receive E-Statements
That's it! Even if you don't meet your qualifications during the cycle, your Kasasa accounts are still available to try again the next calendar month. Plus, you'll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.
‡Reward Information: When your linked Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $50,000 in your Kasasa Saver account earn an APY of 4.00%, and daily balances over $50,000 earn an interest rate of .20 % on the portion of the daily balance over $50,000, resulting in a range from 4.00% APY to 1.47% APY depending on the account's daily balance. APY calculations are based on an assumed balance of $150,000.00 ($50,000 + $100,000) in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. When your linked Kasasa Cash account qualifications are not met, all balances in the Kasasa Saver account earns an interest rate of .05% resulting in an annual percentage yield of .05% APY. Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle. Rates and rewards are variable and may change after the account is opened; rates may change 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. $100 minimum deposit is required to open the account. There are no recurring monthly maintenance charges or fees to open this account A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account; E-statements are a requirement of this account.**
**Additional Information:
- APY = Annual Percentage Yield.
- “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. See our website, www.central-bank.com, for specific Monthly Qualification Cycle dates.
- Account eligibility requirements can change at any time without notice.
- If the account is closed, you will forfeit any rewards that have not been credited to your account.
- A linked Kasasa Saver account is required for automatic savings.
- Advertised information and rewards are based on all account qualifications being met during each cycle period
- Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons, and other requirements apply.
- Limit one (1) account in each product per social security number / individual taxpayer identification number.
Contact one of our bank service representatives for additional information, details, restrictions, processing limitations, and enrollment instructions.
APYs are accurate as of 8/14/23.
Member FDIC. Trademarks: Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Tunes, and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.