Free Kasasa Saver®
We make saving easy. Kasasa Saver® works together with your Kasasa checking account as a built-in savings tool to help you set aside more money each month. Every month that you meet the qualifications, the rewards earned from your checking account are automatically transferred to Kasasa Saver® for automatic savings! It's just that easy.
Link Kasasa Saver to Kasasa Cash or Kasasa Cash Back Checking accounts for easy, automatic savings that also earns high rates.
0.75% Annual Percentage Yield (APY) paid on the portion of the balance in your Kasasa Saver Account up to and including $25,000 if qualifications are met 0.25% APY on balance over $25,000 in your Kasasa Saver account if qualifications are met. 0.01% APY paid on entire balance, if qualifications are not met.
Meet all Kasasa Cash or Kasasa Cash Back monthly qualifications
Remember there are no penalties if you don’t qualify and you still have two FREE accounts that still earn cash only with Kasasa Cash at base rates. Plus you can qualify next month!
Interested in finding out more about Kasasa Checking accounts? Contact your local banking center today!
*Qualification and Limitation Information: Qualifications, Limitations, and Rewards vary by account. Each individual is limited to one Kasasa checking account. Industrial Bank is not responsible for any delay by merchants in processing their transaction. Transactions and activities may take one (1) or more Business Days from the date the transaction or activity occurred 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: transactions in “pending” state, ATM-processed transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank, transfers between accounts, debit card transactions received by Industrial Bank as ATM transactions, ATM Withdrawals. Bundled transactions received as a single transaction count as a single transaction. “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 Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account on the last day of the current statement cycle: Kasasa Saver: Balances up to and including $25,000 receive an Annual Percentage Yield (APY) of .75% and balances over $25,000 earn .2497% interest rate on the portion of the balance over $25,000, resulting in a range from .75% to .35% APY depending on the account’s balance. Kasasa Cash: Balances up to and including $15,000 receive an APY of 2.50% and balances over $15,000 earn an APY of .25% on the portion of the balance over $15,000, resulting in a range from 2.50% to .54% APY depending on the account balance. Kasasa Cash Back: 3% cash back, up to an aggregate amount of $7.50 per monthly qualification cycle, on everyday debit card purchases totaling $250 or less that post and settle to your account during the monthly qualification cycle (Industrial Bank is not responsible for any delay by merchants in processing their transaction).
When Kasasa Cash and Kasasa Cash Back qualifications are not met, Kasasa Saver: All balance earn 0.01% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.01% 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 within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APYs are accurate as of 02/15/2017. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Additional Information: $25.00 minimum deposit is required to open each account. Account approval, conditions, qualifications, limits, timeframes, enrollments, logins, specific transactions, valid email address provided and in use, and other requirements apply. Monthly online banking log-on, agreement to receive electronic statements and the receipt of electronic statements, and 12 POS transactions that post and settle to your Kasasa checking account during the monthly statement cycle are conditions of these accounts to receive rewards. There is no fee to open or close this account; there is no minimum balance requirement to avoid being charged a fee. There are no per check or per deposit fees charged.
Contact one of our Industrial Bank service representatives for additional information, details, restrictions, processing limitations, rate calculations, and enrollment instructions. Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. Industrial Bank Member FDIC