Summary
- Free account that helps you save automatically
- Connects to your free Kasasa Cash or Kasasa Cash Back checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 0.50% APY* on balances up to $10,000
- 0.25% to 0.50% APY on balances over $10,000 depending on balance in account*
- 0.02% APY* if qualifications are not met
- No minimum balance to earn rewards
- No monthly service fee
- Free online banking
- Free e-statements
- Free mobile banking
- No minimum deposit to open
It’s Easy To Qualify For The Higher Rate
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too.
Just have the following transactions and activities post and settle to your free Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:
- At least 12 debit card purchases
- Be enrolled and agree to receive e-statements
- Be enrolled and log into online banking
That’s really it. Even if you don’t qualify during a month, your Kasasa accounts are still free. Plus, you’ll still earn our base dividend rate on Kasasa Saver — and you can get right back to earning your full rewards the very next month!
Qualifications Information: To earn your rewards just do the following transactions and activities in your Kasasa Cash or Cash Back account during each Monthly Qualification Cycle:
- Have at least 12 point of sale signature based debit card purchases, post and settle
- Be enrolled in and agree to receive e-statements
- Be enrolled in and log into online banking
*Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, PIN-based transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. “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.
Reward Information: When your Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the statement cycle: Kasasa Saver: Balances up to $10,000 receive APY of 0.50%; and balances over $10,000.01 earn 0.25% interest rate on the portion of balance over $10,000 resulting in a range from 0.50% to 0.25% APY depending on the account’s balance. Kasasa Cash: Balances up to $10,000 receive a non-compounding APY* of 2.00%; and balances over $10,000.01 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from 2.00% to 0.25% APY* depending on the account’s balance. Kasasa Cash Back: 3.00% cash back on up to a total of $250 signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $7.50cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash or Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.02% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.02% Kasasa Cash Back: No cash back payments are made. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 06/15/2015. Rates and rewards are variable and may change after account is opened. Abuse fees may reduce earnings.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Enrollment in online banking, receipt of electronic statements, are conditions of this account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons may be required to meet some of the account’s qualifications. Limit 1 account per social security number. A account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our C-Plant member service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA.
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.