Kasasa Saver® Available May 30, 2017
Saving should be easier than it is — that’s why we offer free Kasasa Saver. It connects to your equally free Kasasa Cash®.
When you earn cash rewards in Kasasa Cash, those earnings automatically transfer into Kasasa Saver. Kasasa Saver also pays high interest on your Kasasa Saver balance!
If your qualifications are met you receive the following:
If you do not qualify you earn 0.05% APY on entire balance and will not receive ATM refunds.
Easy Qualifications to Earn Your Rewards
Qualifying for your Kasasa Cash 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 account during each Monthly Qualification Cycle:
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- Bank of Denver 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 account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account on the last day of the statement cycle:
Kasasa Saver: Balances up to $50,000 receive Annual Percentage Yield (APY) of 0.75%; and balances over $50,000 earn 0.25% APY on the portion of balance over $50,000 resulting in a range from 0.75% to 0.42% APY depending on the account's balance.
When Kasasa Cash qualifications are not met the following rewards are distibuted to your account on the last day of the statement cycle:
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 within one day.
The Kasasa Saver annual percentage yields (APYs) may be less than the Kasasa Cash APYs. APYs are accurate as of 05/26/2017. 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. $50 minimum deposit is required to open the account. You must have 12 debit card transactions post and settle, receive electronic statements, have 1 ACH debit as conditions of these accounts. There are no recurring monthly service charges or fees to open or close this account. Limit one account per social security number. 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, you will not receive the accrued interest. Contact a Bank of Denver service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC.