Why does saving have to be so challenging? Well now it’s a little less challenging with this account that does most of the work for you.

Rates

Key Features

  • Automatic Savings
  • High Interest Earnings
  • No Monthly Maintenance Fee
  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back® checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 0.20% APY on balances up to $50,000
  • 0.20% to 0.13% APY on balances over $50,000 depending on balance in account
  • 0.01% APY if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fee
  • No minimum balance to earn rewards
  • Free digital banking, including:
  • No minimum deposit to open

Easy Qualifications to Earn the Higher Rate

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
  • At least 12 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking or mobile banking

And if you don’t meet these qualifications, don’t worry — your account is still free. Plus, you’ll still earn our base rate on your Kasasa Saver balance. And you can get right back to earning your rewards the very next cycle that you qualify.

You can also make the switch to Citizens Savings Bank today with our handy switch kit (PDF).

*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. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. For example, five debit card transactions, each for a dollar, conducted at a convenience store, two days before the end of the cycle period would not be considered by our institution as normal, day-to-day spending behavior. 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 Citizens Savings Bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. “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 $50,000, receive APY of 0.20%; and balances over $50,000 earn 0.05% interest rate on the portion of balance over $50,000, resulting in a range from 0.20% to 0.13% APY depending on the account’s balance. Kasasa Cash: Balances up to $20,000 receive a non-compounding APY* of 0.50% and balances over $20,000 earn 0.01% interest rate on the portion of balance over $20,000, resulting in a non-compounding range from 0.50% to 0.14% APY* depending on the account’s balance. Kasasa Cash Back: 4.00% cash back on up to a total of $250.00 PIN- or signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash and Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.01% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.01%. 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 02/14/2022. Rates and rewards are variable and may change after account is opened without notice to you. Fees may reduce earnings. 

Additional Information: No minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, mobile banking, electronic statements) and log-ons are required to meet some of the account’s qualifications and are conditions of this account. Limit 1 account per social security number. An 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 bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. 

Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.