Free Kasasa Saver
Free, easy savings account that pays you interest* and refunds your time.
Reach your savings goals without breaking a sweat with Kasasa Saver®. Each month, rewards earned in your free Kasasa Cash® or free Kasasa Cash Back®checking account are automatically transferred to Saver, where they continue to earn interest.
We’ll make it even easier for you. There’s no minimum deposit required to open an account and no monthly fees to slow you down. Save time, money, and effort — sign up for Saver today!
- 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
- 0.30% APY* on balances up to $50,000
- 0.30% to 0.20% 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 minimum balance to earn rewards
- No monthly service fee
- Free online banking & bill pay
- Free eStatements
- Free mobile banking with mobile deposit
- No minimum deposit to open
Earning Rewards Is Easy
Qualifying for Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, simply do the following activities and transactions in your Kasasa Cash or Kasasa Cash Back account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled and receive e-statement notice
- Be enrolled and log into online banking or mobile banking at least once each cycle
It's as simple as that. If you don't qualify, don't worry. Your Kasasa accounts are still free, and Kasasa Saver still earns our base interest rate. You can always get back to earning rewards the next cycle.
*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 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 0.30%; and balances over $50,000 earn 0.10% interest rate on the portion of balance over $50,000, resulting in a range from 0.30% to 0.20% APY depending on the account’s balance. Kasasa Cash: Balances up to $20,000 receive a non-compounding APY* of 0.75% 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 0.75% to 0.19% 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 10/01/2021. 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.