Make saving as simple as can be — with this free account that does the work for you.

Rates

Key Features

  • Automatic Savings
  • High Interest
  • No Monthly Maintenance Fee
  • Free Digital Banking
  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back® checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 0.31% APY* on balances up to $15,000
  • 0.19% APY on portion of balances over $15,000**
  • 0.03% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No minimum balance to earn rewards
  • No monthly maintenance fee
  • Free digital banking, including:
    • Online banking
    • Mobile banking
    • eStatements
  • Additional services available
  • $10 minimum deposit to open

It’s so easy to earn the higher rate!

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 1 ACH credit or ACH payment transaction
  • At least 15 debit card purchases
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

See? It’s that easy. 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 Kasasa Saver. And you can get right back to earning your full rewards the very next cycle that you qualify.

Kasasa Saver for Kasasa Cash

*APY=Annual Percentage Yield. APYs accurate as of 03/20/2020. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $10 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 3.00%; and (3) depending on the balance, balances over $15,000 receive APY ranging from 3.00% - 0.19% on portion of balance over $15,000. If qualifications are not met on Kasasa Cash all balances earn 0.08% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive APY of 0.31%; and (2) depending on the balance, balances over $15,000 in Kasasa Saver receive APY ranging from 0.31% - 0.19% on portion of balance over $15,000. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.03% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Enrollment for online banking and electronic statements (eStatements) may be completed at www.thefriendlybank.com.

Kasasa Saver for Kasasa Cash Back

*APY=Annual Percentage Yield. APYs accurate as of 03/20/2020. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash Back and $10 for Kasasa Saver. For Kasasa Cash Back, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred using Kasasa Cash Back debit card during qualification cycle will be reimbursed up to $20 and (2) you will receive 3.00% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $9 per monthly qualification cycle. Qualifying transactions must post to and settle account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Kasasa Cash Back rewards will be credited to your Kasasa Saver account on the last day of the monthly statement cycle. If qualifications in Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 0.31%; and (2) depending on the balance, balances over $15,000 in Kasasa Saver receive APY ranging from 0.31% - 0.19% on the portion of the balance over $15,000. If qualifications are not met on Kasasa Cash Back, all balances in the Kasasa Saver earn 0.03% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Enrollment for online banking and electronic statements (eStatements) may be completed at www.thefriendlybank.com.