Rates

Free Kasasa Saver® works with your free Kasasa Cash® or Kasasa Cash Back® checking to turn monthly rewards into automatic savings. Earn 2.00% APY* on all balances with no monthly maintenance fees.

 

Details
  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back checking
  • Automatic transfers of Kasasa Cash or Cash Back rewards
    • 2.00% APY* on all balances in Kasasa Saver account
    • 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back checking
  • No monthly maintenance fees
  • No minimum balance to earn rewards**
  • Free Digital Banking
  • Free E-statements
  • Free Visa® debit card
  • $50 minimum deposit to open

**If your account is at a zero balance on the day the interest is to be credited or cash back payment made, you will not receive the accrued interest or cash back payment.

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 account during each Monthly Qualification Cycle:

  • At least 12 debit card purchases, each greater than $5.00 for Kasasa Cash and each for any amount for Kasasa Cash Back 
  • At least 1 ACH debit or credit 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 interest rate on Kasasa Saver. And, you can get right back to earning your full rewards the very next month!

Monthly Qualification and Statement Cycle Dates

*Kasasa Saver

*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 our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our institution. 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the of the current statement cycle. Visit us at www.thebankofdenver.com or call 303-572-3600 and speak to one of our branch service representatives for specific Monthly Qualification Cycle dates.                                                                                                                                   

Reward Information: When your linked Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, Kasasa Cash balances up to and including $25,000 receive APY of 5.00%  (4.88% interest rate)  and balances over $25,000 earn 0.25% interest rate on the portion of balance over $25,000, resulting in a range from 5.00% to 1.20% APY depending on the account’s balance. When your linked Kasasa Cash Back-Multi-Level account qualifications are met during a Monthly Qualification Cycle, Level 1 Rewards:  You will receive 4% cash back on up to a total of $200 debit card purchases that post and settle to the account during that cycle period. A maximum of $8 cash back payments may be earned per Monthly Qualification Cycle. In addition, you will receive the ATM and Kasasa Saver rewards as articulated below. or Level 2 Rewards:  You will receive 6% cash back on up to a total of $200 card purchases that post and settle to the account during that cycle period. A maximum of $12 cash back payments may be earned per Monthly Qualification Cycle. When qualifications are met all balances in Kasasa Saver receive APY of 2.00% (1.98% interest rate).                                         

In addition you will receive reimbursements up to an aggregate total of  $25 ($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. An ATM receipt must be presented for reimbursements of individual ATM withdrawal fees of $4.99 or higher.  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 (60) calendar days of the withdrawal transaction. When Kasasa Cash or Kasasa Cash Back-Multi-Level qualifications are not met, all balances in the account earn 0.05% APY and ATM withdrawal fees are not refunded. Interest and ATM fee reimbursements will be credited to your account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of  01/01/2024. 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. A $50 deposit is required to open the account (s). Monthly ACH debit or credit and receipt of electronic statements are a condition(s) of this account. Enrollment in electronic services (e.g. electronic statements, and log-ons may be required to meet some of the account’s qualifications. Limit 1 account(s) per social security number. A Kasasa Cash or Cash Back-Multi-level 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. Certain transaction and service fees may apply.  Refer to our Fee Schedule for more information.  If the account is closed, you will forfeit any rewards that have not been credited to your account Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC.  Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.