Summary
Easy automatic savings fueled by your free Kasasa Cash account
Kasasa Saver is a free, high-interest saver account linked to your free Kasasa Cash
checking account (they work together). So the
2.51% APY* you make on your checking and ATM fee refunds are automatically deposited into your free Kasasa
Saver account every month. But that's not all. Your
Saver account also piles 1.01% APY* on top of that; so you can sit back, relax
and watch your savings grow. Kasasa Saver. Do you Kasasa?
Kasasa Saver is perfect for you if you:
- Choose Kasasa Cash as your free checking account (whether you already have it or want to open both today)
- Want two high-interest accounts (Kasasa Cash and Kasasa Saver) both working hard to help you save
- No minimum balance
- Nationwide ATM free refunds (automatically deposited into your Saver account)
To easily grow your savings with 2.51% APY* from Kasasa
Cash & 1.01% APY* from Kasasa Saver do the following each
monthly qualification cycle**:
- Just qualify in Kasasa Cash!
- Have at least 12 debit card purchases post
and clear
- Have at least one direct deposit or ACH auto
debit post and clear
- Receive eStatements
If you miss a month, don't worry!
There's no penalty for not qualifying in a given month and the accounts are still free. Plus you'll still earn a
base rate of 0.10% APY* on your checking which will be automatically deposited into your Saver account which
will still earn a base 0.10%APY*. You can get right back to making
2.51% APY* on your free checking account, 1.01% APY*
on your free saver account and enjoying ATM fee refunds the next month you qualify.
We're making it easier to save, all across South Louisiana. Start earning high-interest and saving, today!
* Annual Percentage Yield (APY) accurate as of
7/21/11. Minimum to open Kasasa Cash account is $100 and
$1 for Kasasa Saver. Kasasa Cash rate tiers are as
follows: 2.51% APY applies to balances of $0.00 -
$20,000.00 and 0.50% APY applies to balances over
$20,000.00 if qualifications are met during the monthly
qualification cycle**. 0.10% APY applies to all balances
if qualifications are not met. All balances will earn
2.51% APY – 0.50% APY if qualifications are met.
The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. The actual interest paid could be less than the advertised APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. Qualifying transactions must post and clear the Kasasa
Cash Account during the monthly qualification cycle.
Transactions may take one or more business days from the
transaction date to post to an account from the date the
transaction is made. Intra-bank transfers do not count
as qualifying ACH transactions. Unlimited nationwide ATM
Fee reimbursements (checking account only) provided only
if qualifications are met within the monthly
qualification cycle. Requirements per qualification
cycle: 1) 12 Debit Card transactions (excluding ATM
transactions) post and clear, 2) one direct deposit or
ACH auto debit post and clear, and 3) receive electronic
statements. Kasasa Saver rate tiers are as follows:
1.01% APY applies to balances of $0.00 - $20,000.00 and
0.50% APY applies to balances over $20,000.00 if
qualifications are met during the monthly qualification
cycle on Kasasa Cash account. 0.10% APY applies to all
balances if qualifications are not met on Kasasa Cash
account. All balances will earn 1.01% APY – 0.50% APY if
qualifications are met on Kasasa Cash. Rates may change
after the account is opened. Fees may reduce earnings. Other conditions may apply.
** Qualification cycle means a period beginning one
business day prior to the first day of the current
statement cycle through one business day prior to the
close of the current statement cycle.