Skip to content

Rates

Build savings effortlessly with this free account that links to your Kasasa® checking.

Key Features

  • Automatic Reward Transfers
  • High Interest
  • No Monthly Maintenance Fees
  • 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
  • 0.65% APY* on balances up to $250,000
  • 0.40% APY* on balances over $250,000
  • 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • Unlimited in-person withdrawals or by mail and a limit of 6 transactions per month by pre-authorized automatic, telephone, checks, drafts, or other similar order
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking
  • No minimum deposit to open

It’s easy to earn your cash 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 or ACH payment transaction
  • At least 12 debit card purchases
  • 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 interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.

The Kasasa Saver savings account must be linked to a  Kasasa Cash Saver or Kasasa Cash Back Saver checking account. 

Kasasa Cash Back Saver Disclaimer:

*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 must post and settle to the account during the Monthly Qualification Cycle in order to earn the rewards: Have at least 1 direct deposit or ACH  transaction, have at least 12 PIN-based or signature based debit card purchases post and settle, and be enrolled in and agree to receive monthly e-statements. 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 or credit 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.  Monthly statement cycle is not the same as Monthly Qualification Cycle.  Reward Information: When your Kasasa Cash Back Saver qualifications are met during a Monthly Qualification Cycle, you will receive (1) 5.00% Cash Back on up to a total of $200.00 PIN-based or signature-based debit card purchase that post and settle to the account during the Monthly Qualification Cycle.  A maximum of $10.00 Cash Back may be earned per Monthly Qualification Cycle. (2) You will receive reimbursements up to an aggregate total of $25.00 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified.  We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee.  If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.  Cash Back payments and ATM reimbursements will be credited to your Kasasa Saver account on the 25th of each month of the current qualifying cycle.  

Kasasa Cash Saver Checking Disclaimer:

*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 must post and settle to the account during the Monthly Qualification Cycle in order to earn the rewards: Have at least 1 direct deposit or ACH  transaction, have at least 12 PIN-based or signature based debit card purchases post and settle, and be enrolled in and agree to receive monthly e-statements. 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 or credit 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. Monthly statement cycle is not the same as monthly qualification cycle.  Reward Information: When your Kasasa Cash Saver account qualifications are met during a Monthly Qualification Cycle, (1) balances up to $25,000 receive APY of 1.76%; and balances over $25,000 earn 0.40% interest rate on the portion of balance over $25,000, resulting in a range from 0.40% to 1.76% APY depending on the account’s balance and (2) you will receive reimbursements up to an aggregate total of $25.00 (max. $4.99 per single transaction) for nationwide ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.  When your Kasasa Cash Saver account qualifications are met during a Monthly Qualification Cycle, you will receive the following rewards will be distributed to your account(s) on the 25th of each month of the current statement cycle.

Kasasa Saver:

 Balances up to $250,000 receive an APY of 0.65%; and balances over $250,000 earn 0.40% interest rate on the portion of the balance over $250,000 resulting in a range from 0.40% to 0.65% APY depending on the account's balance.     When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY.  Kasasa Cash Back Saver: No Cash Back payments are made and ATM withdrawal fees are not refunded.  APY= Annual Percentage Yield.  APYs accurate as of 1/15/2021.  Rates and rewards are variable and may change after account is opened.  Fees may reduce earning.  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. No minimum deposit is required to open the account. Enrollment in electronic banking, maintain a valid email address on record with Millbury National Bank, and monthly receipt of electronic statements are conditions of this account. No Limit on number of accounts. A Kasasa Cash Back Saver account is required to have a Kasasa Saver account.  A linked Kasasa Saver account is required for automatic savings.  There are no recurring monthly maintenance charges or fees to open or close this account.  Account not to be used for commercial purposes.  Contact one of our bank service representatives at 508-865-9521 for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Revised 1/15/2021