If you already have the best rewards checking account in Austin, Texas, complement it with a savings counterpart! Kasasa Cash® and Kasasa Saver® work together, so the rewards you earn each month on Kasasa Cash are automatically deposited to Saver. All you have to do is meet the easy monthly requirements for Kasasa Cash. Plus, Kasasa Saver also earns its own amazing interest rate!

Summary
  • 0.75% APY* on Kasasa Saver balances up to $15,000
  • 0.75 to 0.23% APY*, on balances over $15,000 depending on balance in account
  • 0.05% APY* if qualifications are not met on Kasasa Cash
  • Linked to free Kasasa Cash account
  • Automatic transfers of Kasasa Cash rewards
  • No monthly service fee
  • No minimum balance requirement
  • Free online banking and bill pay
  • $50 minimum deposit to open
  • Limit of 6 transfers per month

It's Easy to Qualify!

Qualifying for Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate. Simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 10 debit card purchases that post and settle
  • Have at least 1 automatic payment (ACH) or bill payment post and settle
  • Be enrolled and receive e-statements

It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.

*APY=Annual Percentage Yield. APYs accurate as of 04/01/2013. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash and $50 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 2.51%; and (3) balances over $15,000 earn 0.15% interest rate on the portion of the balance over $15,000, resulting in 2.51% - 0.46% APY depending on the balance. If qualifications are not met on Kasasa Cash or Kasasa Saver 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 banking day prior to the first day of the current statement cycle through one banking day prior to the close of the current statement cycle. Banking day is considered all transactions posted prior to 4pm. 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 APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $15,000 in Kasasa Saver earn 0.15% interest rate on portion of balance over $15,000, resulting in 0.75 % - 0.23% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per Social Security Number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.