Kasasa Saver

Kasasa Saver

Make saving effortless by linking this account to your free Kasasa® checking.

Free Kasasa Saver

Kasasa Saver® is saving simplified. When you link it to your free Kasasa Cash® or Kasasa Cash Back® checking, the cash rewards you earn in your Kasasa checking automatically transfer into Kasasa Saver.

Kasasa Saver also pays up to 0.75% APY* on your balance! That’s Kasasa at Freedom Bank — free accounts that pay you in ways that matter. We literally pay you to bank here! Open your accounts today at any of our convenient locations.

Benefits

  • 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 balances over $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 e-mail bank statements
  • Overdraft protection
  • .25% discount on qualifying non-mortgage Consumer Loans with automatic draft from an Eligible Freedom Bank Account.
  • $50 minimum deposit to open

Here's how easy it is 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 e-statements
  • Be enrolled in and log into online banking at least once (1) per qualification cycle

And if you don’t meet these qualifications, don’t worry — your accounts are still free. Plus, you’ll still earn our base interest rate on Kasasa Saver. And you can always earn your full rewards the very next cycle that you qualify.

*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. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: When your 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 current statement cycle: Kasasa Saver: Balances up to $20,000.00 receive APY* of 0.75%; and balances over $20,000.00 earn 0.25% interest rate on the portion of balance over $20,000.00 resulting in a 0.25% APY*. Kasasa Cash Back: 3.00% cash back on up to a total of $200.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $6.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY*. Kasasa Cash Back: No cash back payments are made. *APY = Annual Percentage Yield. APY is accurate as of 10/31/2016. Rates and rewards are variable and may change after account is opened. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account. Receipt of electronic statements is a condition of this account. Enrollment in electronic services (e.g. online banking and log-ons) may be required to meet some of the account's qualifications. Limit (1) account per social security number. There are [no] recurring monthly service charges or fees to open or close this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. [Member FDIC. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.