Free Kasasa Saver

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Saving should be easier than it is — that’s why we offer free Kasasa Saver®. It connects to your equally free Kasasa Cash® or Kasasa Cash Back® checking to help you save automatically.

When you earn cash rewards in Kasasa Cash or Kasasa Cash Back, those earnings automatically transfer into Kasasa Saver. Kasasa Saver also pays high interest on your Kasasa Saver balance!

  • 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 $10,000, 0.25% APY on any portion of the balance greater than $10,000*
  • 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 eStatements
  • Free mobile banking and mobile deposit
  • Free telephone banking
  • $100 minimum deposit to open

Easy Qualifications 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 agree to receive eStatements
  • Be enrolled in and log into online banking

That’s all there is to it! And even if you don’t meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you’ll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next cycle.

*Qualifications Information: 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, and purchases made with non-United American Bank issued debit cards. “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) 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 $10,000 receive annual percentage yield (APY) of 0.75%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000.
  • Kasasa Cash: Balances up to $10,000 receive APY of 2.00%; and balances over $10,000 earn 0.25% interest yield on the portion of balance over $10,000.
  • Kasasa Cash Back: 4.00% cash back on up to a total of $250.00 PIN-based 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/or Cash Back qualifications are not met,

  • Kasasa Saver: All balances earn 0.05% annual percentage yield (APY)
  • Kasasa Cash: All balances earn 0.05% APY
  • 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 the day after being credited to your Kasasa Cash account. Consequently, when linked to Kasasa Saver, and your Kasasa Cash qualifications are met, balances up to $10,000 in your Kasasa Cash account receive a non-compounding annual percentage yield (APY) of 2.00%; and balances over $10,000 earn 0.25% interest yield on the portion of the balance over $10,000.

The Kasasa Saver annual percentage yields (APYs) may be less than the Kasasa Cash APYs. APYs are accurate as of 08/26/2015. Yields and rewards are variable and may change after account is opened. Fees may reduce earnings. 

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $100 minimum deposit is required to open the account. You must have 12 debit card transactions post and settle, log-on to online banking, and receive electronic statements as conditions of these accounts. Limit two accounts per social security number. There are no recurring monthly service charges or fees to open or close this account. Limit one account per social security number, personal accounts only. There are no recurring monthly service charges or fees to open or close this account. If you close your account before cash back or interest is credited, all accrued money will be paid. Contact a United American Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa & Kasasa Cash are trademarks of BancVue, Ltd., registered in the U.S.A.


It’s fast and easy to apply!