- Kasasa Saver Details
Saving should be fast and easy -- and what's easier than automatic? Use your Kasasa Saver account to automatically build your savings while earning a whopping 2.00% APY*!
Here's how it works: you earn rewards with your free Kasasa Cash Back® checking account -- then those rewards are automatically transferred into your Kasasa Saver. It's that easy. Start automatically building your savings today!
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash Back checking
- Automatic transfers of Kasasa Cash Back earnings
- No monthly service fee
- No minimum balance to earn rewards
- Free online banking http://www.texastechfcu.org/services/services/online-banking-bill-pay.html
- Free eStatements http://www.texastechfcu.org/services/services/e-statements.htm
To earn rewards, simply complete the following in your Kasasa Cash Back® checking account during the monthly qualification cycle:
- Have at least 10 debit card purchases post and settle
- Have at least 1 electronic online bill payment or automatic payment (ACH) post and settle
- Be enrolled and receive eStatement notices
Miss a qualification cycle? Don't worry - the account is still free! You can earn the reward interest rate the next cycle you qualify.
*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 activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by Texas Tech Federal Credit Union as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by Texas Tech Federal Credit Union. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the close of the current statement cycle.
Reward Information: When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $20,000 receive an APY of 2.00%; and balances over $20,000 earn .25% interest rate on the portion of balance over $20,000, resulting in a range from .25% to 2.00% APY depending on the account's balance. Kasasa Cash Back: 2.00% cash back on up to a total of $400.00 in debit card purchases that post and settle to the account during that cycle period. A maximum of $8.00 cash back may be earned per Monthly Qualification Cycle. You will also receive reimbursements up to $25 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn .05% APY. Kasasa Cash Back: No cash back payments are made and ATM fees are not refunded. APY = Annual Percentage Yield. APYs accurate as of 12/1/2015. 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. $5.00 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements, and log-ons) may be required to meet some of the account's qualifications. Limit 1 account per social security number. A 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 or fees to open or close this account. Contact a Texas Tech Federal Credit Union service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.