Save without lifting a finger, earn even if qualifications are not met
Link your free Kasasa® Checking account to Kasasa Saver® for a savings strategy that increases savings balances effortlessly.
Benefits You’ll Love
- Earn dividends on your balance, even if qualifications aren't met
- Links to free Kasasa® checking for a “set it and forget it” savings
- No monthly maintenance fees
- No minimum balance requirements
- An account that builds your savings effortlessly
- Links to Kasasa Cash®, Kasasa Cash Back®, Kasasa Eats™, and Kasasa Play™ checking
- Automatic transfers of Kasasa Cash earnings
- 2.01% APY‡ on balances up to $50,000
- 1.00% to 2.01% APY on balances over $50,000 depending on the balance in the account‡
- 0.05% APY‡ if qualifications are not met in Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free digital banking services, including:
- Free online banking
- Free mobile banking
- Free eStatements
- $5 minimum deposit to open
It’s Easy to Earn Your Rewards
Qualifying for your Kasasa Cash®, Kasasa Cash Back®, Kasasa Eats™, or Kasasa Play™ 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®, Kasasa Cash Back®, Kasasa Eats®, or Kasasa Play® account during each Monthly Qualification Cycle:
- At least 10 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction1
- Be enrolled in and agree to receive e-Statements
1Kasasa Cash Level 2 qualifications for debit card transactions is a minimum of 30 purchases
That's it! Even if you don't meet your qualifications during the cycle, your Kasasa accounts are still available to try again the next calendar month. Plus, you'll still earn our base dividend rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.
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Is there a monthly service fee on savings accounts?
No, there are no monthly service fees on MCT Savings accounts. There are, however, minimum deposit amounts in some cases. For more information, refer to each account’s description or speak with one of our Member Service Representatives.
Do I have to have a Kasasa checking account to have a Kasasa Saver?
Yes. Kasasa Savers are not offered as standalone and require that you have a Kasasa Checking. To qualify for the Kasasa Saver rewards, you must qualify for your Kasasa Checking rewards.
Is my money insured?
Yes. All accounts at MCT Credit Union are protected up to $1,000,000. This exceptional level of coverage is attained through a combination of $250,000 of primary insurance from American Share Insurance (ASI) and $750,000 of excess insurance from Excess Share Insurance Corporation (ESI). ASI is a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions. ESI is a wholly owned subsidiary of American Share Insurance. Not all credit unions qualify for this expanded coverage, and we are proud to meet their standards and underwriting requirements. By members’ choice, this institution is not federally insured, and members’ accounts are not insured or guaranteed by any government or government-sponsored agency.
Can I get an ATM card for my savings account?
Your debit card also acts as an ATM card, allowing you to withdrawal funds from your savings and/or checking account at ATMs.
*To earn rewards, the minimum qualifications associated with your linked Kasasa Cash, Kasasa Cash Back, Kasasa Eats or Kasasa Play checking accounts must be met during each “Monthly Qualification Cycle”. “Monthly Qualification Cycle” is a period beginning two business days prior to the first day of a calendar month through two business days prior to the last day of a calendar month. Transactions posted and settled on the last two business days will qualify for next month’s qualification. Enrollment in electronic services (e.g. online banking, electronic statements and log-ons) may be required to meet some of the Kasasa Saver’s linked Kasasa Cash, Kasasa Cash Back, Kasasa Eats or Kasasa Play account’s qualifications.
Reward Information:
Rewards vary by account. When your linked Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play account qualifications are met during a “Monthly Qualification Cycle”, your Kasasa Saver account balances up to $50,000 earn a dividend rate of 1.99%; and balances over $50,000 earn 0.50% dividend rate on the portion of balance over $50,000, resulting in a range from 2.01% to 1.00% APY depending on the account’s balance. APY = Annual Percentage Yield. APY is accurate as of 07/01/2023. If your Kasasa Cash, Kasasa Cash Back, Kasasa Eats or Kasasa Play qualifications are not met, all Kasasa Saver balances earn 0.05% APY. Interest, cash back payments and ATM fee reimbursements are credited to the appropriate account on the first processing day of the following “Statement Cycle”. “Statement Cycle" means the period of time for which MCT Credit Union provides a summary of the financial activities and transactions that post and settle to the accountholder's account. Kasasa Cash rewards are automatically transferred to the linked Kasasa Saver account on the first processing day of the following “Statement Cycle”. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.
Additional Information:
Account approval, conditions, qualifications, limits, timeframes, enrollments, logons and other requirements apply. $5 minimum deposit is required to open the account. Limit 1 account per social security number. A Kasasa Cash, Kasasa Cash Back, Kasasa Eats or Kasasa Play account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges to open or close this account. No minimum balance is required to earn or to receive the account’s rewards. Contact a MCT Credit Union service representative for additional information, details and enrollment instructions. Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Eats, Kasasa Play, and Kasasa Saver are trademarks of Kasasa Ltd., registered in the U.S.A.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term Share Certificate can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividend earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Credit Cards
| Card Type | Intro APR For initial 6 months* | APR for Purchases, Balance Transfers, & Cash Advance after intro APR if applicable* |
|---|---|---|
| VISA Platinum | 3.90% | 12.75% - 17.99% |
*Introductory APR applicable until the first day of the billing cycle includes the six-month anniversary date of the opening of your account. Restrictions apply to be eligible to receive the Introductory APR. Your exact rate is based on your creditworthiness. Ask a loan officer about the rate you qualify for. The periodic rate used to compute the FINANCIAL CHARGE for purchases is based on an index (the “Index”), which is the Prime Rate as published in the Money Rates section of The Wall Street Journal on the last business day of the month and is subject to change monthly.
Kasasa Cash*
| Level 1 Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $5 | 2.48% | 2.51% |
| $15,000+ | $5 | 0.50% | 2.51% to 0.76% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
| Level 2 Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $5 | 5.85% | 6.01% |
| $15,000+ | $5 | 0.50% | 6.01% to 1.22% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
Qualifications
It is so easy to qualify, you are probably already doing it. 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:
Level 1
- At least 10 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
Level 2
- At least 30 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
That's it. Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still free. Plus, you'll still earn our base dividend rate. And you can get right back to earning your full rewards the very next month.
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $50,000 | $5 | 1.99% | 2.01% |
| $50,000+ | $5 | 0.50% | 2.01% to 1.00% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
Qualifications
Qualifying for your Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play 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, Kasasa Cash Back, Kasasa Eats or Kasasa Play account during each Monthly Qualification Cycle:
- At least 10 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
That's it. Even if you don't meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you'll still earn our base dividend rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.
Personal Loans
| Loan Type | APR 0-24 months |
APR 25-36 months |
APR 37-48 months |
APR 49-60 months |
APR 61-72 months |
APR 73-120 months |
|---|---|---|---|---|---|---|
| Share (Savings) or CD Secured Loan | 2.00%+* | 2.00%+* | 2.00%+* | 3.00%+* | 3.00%+* | 4.00%+* |
| Signature Loan | 11.75% | 11.75% | 11.75% | 11.75% | N/A | N/A |
| Personal Line of Credit | 11.75% | 11.75% | 11.75% | 11.75% | 11.75 | 11.75% |
Longer-term options may be available. Ask an MCT Member Service Representative for details. APR = Annual Percentage Rate. The rates disclosed are current.
*Rates are 2.00%-4.00% above Savings or CD rate, depending on term.
Share Accounts
| Account | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| Business Checking Account | $5 | 0.05% | 0.05% |
| Member Share Savings Account | $5 | 0.20% | 0.20% |
| Christmas Club Savings Account | $5 | 0.20% | 0.20% |
| Money Market Account | $2,500 | 0.65% | 0.65% |
| IRA Savings | $5 | 0.20% | 0.20% |
Share Certificates
| Certificate Term | Dividend Rate | APY |
|---|---|---|
| Six month | 3.65% | 3.72% |
| One year | 4.25% | 4.34% |
| Two years | 3.10% | 3.15% |
| Three years | 3.15% | 3.20% |
| Four years | 3.15% | 3.20% |
| Five years | 3.25% | 3.56% |
Penalty for early withdrawal.
Sprout Savings
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $500 | $5 | 2.47% | 2.50% |
| $500.01 - $5,000.00 | $5 | 0.99% | 1.00% |
| $5000.01 - $10,000.00 | $5 | 0.75% | 0.75% |
| $10,000.01 or more | $5 | 0.20% | 2.50% to 0.20% |
- Members up to age 22 are eligible for Sprout Savings Account
- No monthly maintenance fees
- No minimum balance to earn rewards
Vehicle Loans
| Loan Type | APR 0-24 months |
APR 25-36 months |
APR 37-48 months |
APR 49-60 months |
APR 61-72 months |
|---|---|---|---|---|---|
| New Auto Loans | 5.25% | 5.25% | 5.25% | 5.50% | 5.99% |
| Used Auto Loans | 5.25% | 5.25% | 5.25% | 5.50% | 5.99% |
| Boat Loans | 6.25% | 6.25% | 6.25% | 6.25% | 6.75% |
| Travel Trailer Loans | 6.25% | 6.25% | 6.25% | 6.25% | 6.75% |
| Other Collateral Loans | 5.99% | 5.99% | 5.99% | 6.25% | 6.50% |
APR = Annual Percentage Rate. Rates disclosed may be different based on credit underwriting and/or elected loan protections. Rate discount of 0.75% available for the election of Warranty, Credit Life Insurance and Disability Protection on qualified collateral loans. All loan rates are subject to change without prior notice. Maximum interest rate is 17.99%. Loan terms are dependent on amount financed and member/collateral. Membership required. Terms and conditions subject to change.