This is saving made simple. Build your balance automatically each month with high dividends and rewards transfers.
- Automatic Savings
- Earn High Dividends
- No Monthly Maintenance Fee
- No Minimum Balance Requirements
- 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
- 4.50% APY‡ on balances up to $50,000
- 4.50% to 1.67% APY on balances over $50,000 depending on balance in account‡
- 0.05% APY‡ if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No minimum balance to earn rewards
- No monthly maintenance fee
- $10 minimum deposit to open
Earning Your Rewards is Easy
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 post and settle
- At least one direct deposit, ACH debit, or ACH credit transaction
- Be enrolled in and agree to receive eStatements
And if you don't meet these qualifications, your account is still free. Plus, you'll still earn our base dividend rate. And you can get right back to earning your full rewards the very next cycle that you qualify.
‡APY = Annual Percentage Yield. APYs accurate as of December 1, 2023. Daily balances up to and including $50,000.00 in your Kasasa Saver account earn an APY of 4.50% with a dividend rate of 4.40% and daily balances over $50,000.00 earn 0.25% APY a dividend rate of 0.25% on the portion of the daily balance over $50,000.00, resulting in a range from 4.50% to 1.67% APY depending on the account's daily balance.
Qualifying transactions and activities must post and settle to the account during each Monthly Qualification Cycle and may take one (1) or more business days from the date of the transaction or activity to post and settle to the account. The following do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, credit card purchases, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.
"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
"Business Day" means Monday through Friday and excludes Saturday, Sunday, and federal holidays.
"Statement Cycle" is a summary of financial activities that begins one (1) day after the last business day of the previous month and ends on the last business day of the month.
Contact our Member Solutions Center at 1-866-585-7628 for specific Monthly Qualification Cycle or Statement Cycle dates, account details, restrictions, reward calculations, processing limitations and enrollment instructions.
For Kasasa Cash, Kasasa Cash Back or Kasasa Saver accounts you will need monthly: One (1) Direct Deposit/ACH Debit/ACH credit, Twelve (12) St. Mary’s CU debit card purchases, and eStatement enrollment.
If the account qualifications are not met, cash back payments will not be made, nationwide ATM withdrawal fees will not be reimbursed and the entire daily balance in the Kasasa Cash or Kasasa Saver account(s) will earn 0.05% APY.
Depending on what Kasasa account you have, you will receive the following rewards when you meet your account's qualifications during a Monthly Qualification Cycle:
Kasasa Saver: Daily balances up to and including $50,000.00 in your Kasasa Saver account earn an APY of 4.50% with a dividend rate of 4.40% and daily balances over $50,000.00 earn 0.25% APY a dividend rate of 0.25% on the portion of the daily balance over $50,000.00, resulting in a range from 4.50% to 1.67% APY depending on the account's daily balance.
Dividends will be credited to your Kasasa Cash and Kasasa Saver accounts on the last day of the current statement cycle. The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Kasasa Cash Back account will be credited to either your Kasasa Cash or Kasasa Cash Back account, if you do not have a Kasasa Saver account, or to your Kasasa Saver account on the last day of the current statement cycle. If the account is closed, you will forfeit any interest/dividends and any rewards that have not been credited to your account. If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply:
Kasasa Cash: When linked to a Kasasa Saver account, the dividends earned within the Kasasa Cash account do 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 balance is less than the transferred amount when the transfer occurs.
Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle.
To have a Kasasa Saver account you must have either a Kasasa Cash or Kasasa Cash Back account. A combined statement is required if you have either a Kasasa Cash or Kasasa Cash Back account and a Kasasa Saver account. ATM fee reimbursements only apply to Kasasa Cash transactions via ATM; any Kasasa Saver product ATM transaction fees are not reimbursed nor refunded.
APY calculations are based on an assumed balance of $50,000.00 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days.
Advertised information, rates, rewards, bonuses, if any, are based on all account qualifications being met during each Monthly Qualification Cycle, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
A $10.00 minimum deposit is required to open the account. Limit of one account per Social Security/ITIN. There are no recurring monthly maintenance charges or fees to open or close this account. Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. For Consumers Only. Kasasa accounts not to be used for commercial purposes.
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.