APY = Annual Percentage Yield. Rates effective as of March 28, 2023. Fees may reduce earnings.
Kasasa Cash*
Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
Balance 0 - $25,000 | Minimum Opening Deposit $50 | Rate 5.40% | APY 5.55% |
Balance $25,000+ | Minimum Opening Deposit $50 | Rate 0.995% | APY 5.55% to 1.00% |
Balance All balances if qualifications not met | Minimum Opening Deposit $50 | Rate 0.05% | APY 0.05% |
Qualifications
Just do a few simple things you're probably already doing. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
-
At least 12 debit card purchases
-
At least one direct deposit, ACH credit, or ACH payment 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 interest rate. And you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Saver*
Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
Balance 0 - $100,000 | Minimum Opening Deposit $50 | Rate 3.97% | APY 4.05% |
Balance $100,000+ | Minimum Opening Deposit $50 | Rate 0.995% | APY 4.05% to 1.00% |
Balance All balances if qualifications not met | Minimum Opening Deposit $50 | Rate 0.05% | APY 0.05% |
Qualifications
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
-
At least one direct deposit, ACH credit, or ACH payment 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 interest rate. And you can get right back to earning your full rewards the very next cycle that you qualify.
Certificates of Deposit (CDs)
Term | Rate | APY |
|---|---|---|
Term 3 Month | Rate 1.984% | APY 2.00% |
Term 6 Month | Rate 3.99% | APY 4.05% |
Term 12 Month | Rate 4.60% | APY 4.68% |
Term 18 Month | Rate 3.99% | APY 4.05% |
Term 24 Month | Rate 3.41% | APY 3.45% |
Term 36 Month | Rate 1.35% | APY 1.36% |
Term 48 Month | Rate 1.45% | APY 1.46% |
Term 60 Month | Rate 1.75% | APY 1.76% |
All regular CDs require a minimum balance of $500.00
APY is based on quarterly compounding and assumes interest remains on deposit. APY is determined based on the current rate and minimum deposit required to open account. Withdrawal of interest will reduce earnings. There may be a penalty for early withdrawal. Rates are subject to change at any time without notice.
Money Market
Balance | Rate | APY |
|---|---|---|
$0.00 - $24,999.99 | 0.50% | 0.50% |
$25,000 - $99,999.99 | 0.85% | 0.85% |
$100,000+ | 1.045% | 1.05% |
Other Accounts
Account | Minimum to Open | Rate | APY |
|---|---|---|---|
Account | Minimum to Open $1,000 | Rate 0.15% | APY 0.15% |
Account | Minimum to Open $10 | Rate 0.25% | APY 0.25% |
Account | Minimum to Open $50 | Rate 0.25% | APY 0.25% |
Individual Retirement Accounts (IRAs)
Term | Rate | APY |
|---|---|---|
Term 3 Month | Rate 1.984% | APY 2.00% |
Term 6 Month | Rate 3.99% | APY 4.05% |
Term 12 Month | Rate 4.60% | APY 4.68% |
Term 18 Month | Rate 3.99% | APY 4.05% |
Term 24 Month | Rate 3.41% | APY 3.45% |
Term 36 Month | Rate 1.35% | APY 1.36% |
Term 48 Month | Rate 1.45% | APY 1.46% |
Term 60 Month | Rate 1.75% | APY 1.76% |
Penalty for early withdrawal
