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Rates

Save automatically when you link your Kasasa® checking to this free account that earns high dividends.

Key Features

  • Automatic Savings
  • High Dividends
  • No Monthly Maintenance Fees
  • No Minimum Balance Requirements
  • 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
  • 0.50% APY* on balances up to $25,000
  • 0.50% to 0.30% APY on balances over $25,000 depending on balance in account*
  • 0.13% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking services, including:
  • $25 minimum deposit to open

It’s Easy to Earn Your Rewards

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 direct deposit, ACH payment, or bill pay transaction
  • At least 10 debit card purchases

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.

*To earn rewards, the minimum qualifications associated with your linked Kasasa Cash or Kasasa Cash Back 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) may be required to meet some of the Kasasa Saver’s linked Kasasa Cash or Kasasa Cash Back account’s qualifications. Reward Information: Rewards vary by account. When your linked Kasasa Cash or Kasasa Cash Back account qualifications are met during a “Monthly Qualification Cycle”, your Kasasa Saver account balances up to $25,000 receive an APY of 0.50%; and balances over $25,000 earn 0.25% interest rate on the portion of balance over $25,000, resulting in a range from 0.25% to 0.50% APY depending on the account’s balance. APY = Annual Percentage Yield. APY is accurate as of 02/21/2018. If your Kasasa Cash or Kasasa Cash Back qualifications are not met, all Kasasa Saver balances earn 0.13% 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”. 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, log‐ons and other requirements apply. $25 minimum deposit is required to open the account. Monthly receipt of electronic statements is a condition of this account. Limit 1 account per social security number. 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 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. Insured by American Share Insurance. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa Ltd., registered in the U.S.A.