There are no extra qualifications to get the Kasasa Saver reward rate. If you qualify for Kasasa Cash checking rewards, you automatically get the Kasasa Saver rate too! Simply meet the qualifications for Kasasa Cash.
If you don't meet the qualifications, don't worry. There's no penalty and both accounts are still free and earn our base rate interest. Plus, you can get back to earning the full rewards the very next month.
*APY=Annual Percentage Yield. APYs accurate as of 5/1/2016. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.00 per single transaction) and credited to account on the last day of monthly statement cycle. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) balances up to $10,000 receive APY of 2.01%; and (2) balances over $10,000 earn 0.25% interest rate on the portion of the balance over $10,000, resulting in 2.01% - 0.01% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.01% 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 $50,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $50,000 in Kasasa Saver earn 0.25% interest rate on portion of balance over $50,000, resulting in 0.75% - 0.42% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.01% APY. Transfers between accounts do not count as qualifying transactions.