Kasasa Saver
Let us help you earn high interest and automatic savings by linking Kasasa Saver® to your Kasasa Cash® or Kasasa Cash Back® Account! It’s free and there are no monthly service fees*.
Earn High Interest On Your Savings
Earn 2.25% APY (Annual Percentage Yield) on all Kasasa Saver balances up to and including $50,000.00 and 0.25% APY on balances over $50,000.00 resulting in a range from 2.25% to 0.92% APY, depending on balance in account when you meet your qualifications in your Kasasa Checking account. Earn 0.05% APY if qualifications are not met on Kasasa Cash.*
Your Kasasa Cash rewards are transferred to Kasasa Saver for automatic savings!
Since rewards are moved to savings, the interest in your Kasasa Cash will not compound.*
Note: eStatement is required to open and maintain the account.
*Kasasa Saver Product Details
Qualifications:
1) At least 10 debit card purchases post and settle each cycle.
2) Be enrolled in and log into online banking.
Enrollments must be in place and all of the transactions and activities listed above must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification 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 First Bank of Alabama as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by First Bank of Alabama. "Monthly Qualification Cycle" means a period beginning one business day prior to the first day of the current statement cycle through one 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, balances up to $50,000 in your Kasasa Saver account earn 2.23% interest rate resulting in an APY of 2.25%; and balances over $50,000 earn 0.25% interest rate on the portion of balance over $50,000, resulting in a range from 2.25% to 0.92% APY depending on the account's balance. When Kasasa Cash or Kasasa Cash Back qualifications are not met, all balances in the account earn 0.05% interest rate resulting in an APY of 0.05%. APY = Annual Percentage Yield. Rates and rewards are variable and may change after account is opened. APYs accurate as of . Fees may reduce earnings. For additional Reward Information on your linked Kasasa Cash or Kasasa Cash Back account, refer to the Kasasa Cash Truth in Savings Disclosure or the Kasasa Cash Back Truth in Savings Disclosure
Additional Information:
Account approval, conditions, qualifications, timeframes, enrollments, log-ons and other requirements apply. Kasasa Cash account, Kasasa Cash Back account, and Kasasa Saver account require electronic delivery of statements. $50 minimum deposit is required to open each account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons are required to meet some of the account's qualifications. Consumer accounts only. Limit of one account per social security number. If you close your account before interest is credited, you will not receive the accrued interest. A Kasasa Cash account or Kasasa Cash Back account is required to open a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Carrier data rates may apply. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
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