Free Kasasa Saver
Build savings automatically — link this account to your free Kasasa® checking.
Free Kasasa Saver® is saving simplified. Connect it to your Kasasa Cash® or Kasasa Cash Back® checking to build your savings effortlessly.
When you earn cash rewards in your Kasasa checking, those earnings transfer into your Kasasa Saver. Kasasa Saver also earns up to 0.75% APY!* That’s Kasasa at First Bank of the Lake — free accounts that reward you for banking locally.
- 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
- 0.75% APY* on balances up to $25,000
- 0.75% to 0.35% APY* on balances over $25,000 depending on balance in account**
- 0.05% 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
- Free e-statements
- Free debit card
- $25 minimum deposit to open
Here’s how easy it is to earn your rewards:
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. To earn your rewards, just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and log into online banking
That’s really it! Even if you don’t meet these qualifications, there are no penalties — your accounts are still free. Plus, you’ll still earn our base rate on your Kasasa Saver balance. And you can get right back to earning your full rewards the very next cycle that you qualify.
*APY=Annual Percentage Yield