Kasasa Disclosure.pdf

Kasasa Cash Back with Kasasa Saver account has no minimum balance, rewards accountholders with cash back on debit card purchases and ATM withdrawal fee refunds when minimum qualifications are met during the Monthly Qualification Cycle. Kasasa Saver is a free, variable rate deposit account that rewards accountholders with dividends when linked to a Kasasa Cash Back checking account. The account is intended for primary share draft use, with expected frequent debit card use and a wide range of transaction amounts. Inappropriate transactions, such as small debit card transactions conducted on the same day at a single merchant, will not count towards earning rewards. The account can be closed at any time, with proper notice, and accountholders may forfeit unrecredited rewards. Dividends are compounded daily and credited to the Kasasa Saver account on the last day of the statement cycle. The dividend rate and annual percentage yield may change, with a variable rate applying to daily balances up to $20,000 and a lower rate for balances over $20,000. To earn rewards, accountholders must meet qualifications, including at least 1 direct deposit or ACH credit/debit, 12 debit card purchases, and enrollment in e-statements.