Our Reward Saver+ Savings is a free savings account that pays 3.00% APY.*
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REWARD YOURSELF with REWARD SAVER+ SAVINGS ACCOUNT
Daily balances over $250,000 earn an interest rate of 0.50% on the portion of the daily balance over $250,000, resulting in a range from 3.00% to 2.29% APY* depending on the account's daily balance. 
- Links to free Reward+ Checking account or Reward Cash Back+ Checking
- Automatic transfers of Reward+ Checking or Reward Cash Back+ Checking earnings
- 0.05% APY* on all balances if qualifications are not met in Reward+ Checking or Reward Cash Back+ Checking
- No monthly maintenance fee
- No minimum balance to earn rewards
- $50 minimum deposit to open
Qualifications to Earn the Higher Rate with a Reward Saver+ Savings Account:
Qualifying for your Reward+ Checking or Reward Cash Back+ Checking rewards automatically qualifies you for the highest Reward Saver+ Savings rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Reward+ Checking or Reward Cash Back+ Checking account during each Monthly Qualification Cycle:
- At least 15 debit card purchases
- At least 1 direct deposit or ACH credit transaction
- Be enrolled in and agree to receive e-statements
And if you don’t meet these qualifications, don’t worry — your accounts are still free. Plus, you’ll still earn our base rate on Reward Saver+ Savings. And you can get right back to earning your full rewards the very next cycle that you qualify.
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Reward Saver+ Savings FAQs
What is the Reward Saver+ Savings Account?
The Reward Saver+ Savings Account is a savings account designed to complement the Reward+ Checking or Reward Cash Back+ Checking Account. It allows you to earn higher interest rates on your savings by meeting certain requirements.
Do I need to have a Reward+ Checking or Reward Cash Back+ checking account to open a Reward Saver+ Savings account?
The rewards you earn from the Reward+ Checking or Reward Cash Back+ Checking account will be credited to the Reward Saver+ Savings account on the last day of the statement cycle.
Is there a fee for the Reward Saver+ Savings account?
The Reward Saver+ Savings account is a rewards savings account that has no fees for a monthly service charge and no minimum balance fees.
What if I don't hit all the requirements for Reward Cash Back+ Checking or Reward+ Checking
If you don't meet the monthly qualifications on your Reward+ Checking or Reward Cash Back+ account, your Reward Saver+ Savings account will still earn 0.05% APY and remain a free account. You can resume earning the higher interest rate if you meet the requirements during the next Monthly Qualification Cycle.
Is the interest earned in the Reward Saver+ Savings account taxable?
Yes, the interest you earn with a Reward Saver+ Savings Account is generally considered taxable income, so you may need to report it on your tax return.
Learn about some other great Reward+ account options:
Reward+ Checking
A free checking account that pay high interest --
plus refunds on ATM withdrawal fees.
Reward Cash Back+ Checking
A free checking account that pays cash back on debit card purchases -- plus refunds on ATM withdrawal fees.
*APY = Annual Percentage Yield. APYs accurate as of 02/20/2025.
Qualification 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. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle. See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Reward Information: When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $250,000.00 in your Kasasa Saver account earn an APY of 3.00% and daily balances over $250,000.00 earn an interest rate of 0.499% on the portion of the daily balance over $250,000.00, resulting in a range from 3.00% to 2.29% APY depending on the account's daily balance. When your linked Kasasa Cash or Kasasa Cash Back account qualifications are not met, the entire daily balance in the Kasasa Saver account earns an interest rate of 0.05% resulting in an annual percentage yield of 0.05%. Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle. Rates, rewards, and bonuses, if any, are variable and may change after the 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.
Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, and other requirements apply. $50.00 minimum deposit is required to open the account. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact a bank representative for additional information and details. Member FDIC. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd. registered in the U.S.A.