Kasasa Saver

Grow your savings automatically with a free savings account that pays — earn 0.75% APY* on your Kasasa Saver each month when you meet the easy qualifications on your Kasasa Cash® or Kasasa Cash Back® checking accounts.


The rewards in Kasasa Cash or Kasasa Cash Back automatically transfer into Kasasa Saver, so that you can sit back, relax, and watch your savings grow. Even if you don't qualify during a monthly cycle, your Kasasa accounts are still free. That's the power of community banking with Kasasa, at Wilson Bank & Trust.

Summary
  • Links to free Kasasa Cash and Kasasa Cash Back accounts
  • Automatic transfers of Kasasa Cash and Kasasa Cash Back rewards
  • 0.75% APY* on balances up to $10,000
  • 0.75% to 0.30% APY on balances over $10,000 depending on balance in account*
  • 0.05% APY* if qualifications are not met on Kasasa checking account
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free mobile banking
  • Free MoneyDesktop
  • Free 24-hour Telephone Banker
  • $100 minimum deposit to open
  • Four simple qualifications per period

Kasasa Saver with Kasasa Cash

*APY=Annual Percentage Yield. APYs accurate as of 10/21/2013. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle, domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $10,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $10,000, resulting in 0.75% - 0.05% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. 

Kasasa Saver with Kasasa Cash Back

*APY=Annual Percentage Yield. APYs accurate as of 10/21/2013. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash Back and $100 for Kasasa Saver. When monthly qualifications are met, you will receive 3% cash back on debit card purchases that post to and clear account during monthly qualification cycle up to a total cash back of $7.50 per monthly qualification cycle. Domestic ATM fees incurred using Kasasa Cash Back debit card during qualification cycle will be reimbursed up to $20 ($4.99 per single transaction) if qualifications are met within monthly qualification cycle. Qualifying transactions must post to and settle account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Kasasa Cash Back rewards from Kasasa Cash Back account are automatically transferred to Kasasa Saver account at the beginning of the following statement cycle. If qualifications in Kasasa Cash Back account are met each monthly qualification cycle: (1) balances up to $10,000 in Kasasa Saver account receive an APY of 0.75%; and (2) balances over $10,000 in Kasasa Saver account earn 0.25% interest rate on the portion of the balance over $10,000, resulting in 0.75% -0.30% APY depending on the balance. If qualifications are not met on Kasasa Cash Back, all balances in the Kasasa Saver account earn 0.05% APY. ATM receipt must be presented for ATM fees of $5.00 or higher. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. 

Qualifications

Qualifying for the Kasasa Cash and Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, simply do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back checking account each monthly qualification cycle:

  • Have at least 12 check card purchases post and settle
  • Be enrolled and receive e-Statement notice
  • Be enrolled and log into online banking
  • Have at least 1 direct deposit or automatic payment (ACH) post and settle

And don't worry if you don't meet the qualifications one month — your Kasasa accounts are still free, and you can go back to earning rewards the very next cycle that you qualify.