Looking for a High Yield Savings? You can build savings automatically while earning a high rate of return.
Free Kasasa Saver® makes saving effortless. When you earn cash rewards in your Kasasa Cash® or Kasasa Cash Back® checking, those earnings transfer into Kasasa Saver. Plus, Kasasa Saver pays up to 1.00% Annual Percentage Yield* on your balance!
That’s Kasasa® at Libertyville Savings Bank — free accounts that reward you in ways that matter, just for keeping your money local with us.
Benefits
· Free account that builds your savings effortlessly
· Kasasa Cash or Kasasa Cash Back checking
· Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
· 1.00% APY* on balances up to $25,000
· 1.00% to 0.60%APY on balances over $25,000 depending on balance in account*
· 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
· No monthly maintenance fee
· No minimum balance to earn rewards
· Free mobile banking (data rates may apply based on cell phone carrier and/or plan.)
· Free e-statements
· $100 minimum deposit to open
Please note that receiving e-statements is a condition of having this account.
Here’s how easy it is 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 12 pin or signature based debit card purchases must post and settle to your account
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry — your accounts are still free.
Plus, you’ll still earn our base rate on Kasasa Saver. And you can get right back to earning your full rewards the very next cycle that 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 our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. If there are multiple transactions at one merchant in one business day that are combined together by the merchant and received by our institution as a single transaction, it will 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. 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 $25000.00 receive APY of 1.00%; and balances over $25,000 earn .50% interest rate on the portion of balance over $25,000, resulting in a range from 1.00% to .60% APY depending on the account’s balance. Kasasa Cash Back: 3.00% cash back on up to a total of $300.00 PIN-based or signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cashback may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn .05% APY. Kasasa Cash Back: No cash back payments are made. APY = Annual Percentage Yield. APYs accurate as of 07/01/2020. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. We use the daily balance method to calculate the interest on your account. $100.00 minimum deposit is required to open the account. Monthly receipt of electronic statements is a condition(s) of this account. Enrollment in electronic services (e.g. online banking 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 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 maintenance charges or fees to open or close this account. Contact a Libertyville Savings Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions.
Member FDIC.
Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Cycle Date Information:
The following dates apply to your Kasasa Cash with Kasasa Saver account. Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. To qualify for your account's rewards, all of the transactions and activities identified within the above Qualification Information section must post and settle to your Kasasa Cash with Kasasa Saver account with these Monthly Qualification Cycle dates.
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 | Statement Cycle | ||||||
| January | 2021 | 12/31/2020 | 1/28/2021 | 1/1/2021 | 1/31/2021 | ||
| February | 2021 | 1/29/2021 | 2/25/2021 | 2/1/2021 | 2/28/2021 | ||
| March | 2021 | 2/26/2021 | 3/30/2021 | 3/1/2021 | 3/31/2021 | ||
| April | 2021 | 3/31/2021 | 4/29/2021 | 4/1/2021 | 4/30/2021 | ||
| May | 2021 | 4/30/2021 | 5/27/2021 | 5/1/2021 | 5/31/2021 | ||
| June | 2021 | 5/28/2021 | 6/29/2021 | 6/1/2021 | 6/30/2021 | ||
| July | 2021 | 6/30/2021 | 7/29/2021 | 7/1/2021 | 7/31/2021 | ||
| August | 2021 | 7/30/2021 | 8/30/2021 | 8/1/2021 | 8/31/2021 | ||
| September | 2021 | 8/31/2021 | 9/29/2021 | 9/1/2021 | 9/30/2021 | ||
| October | 2021 | 9/30/2021 | 10/28/2021 | 10/1/2021 | 10/31/2021 | ||
| November | 2021 | 10/29/2021 | 11/29/2021 | 11/1/2021 | 11/30/2021 | ||
| December | 2021 | 11/30/2021 | 12/30/2021 | 12/1/2021 | 12/31/2021 | ||
*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 bank. If there are multiple transactions at one merchant in one business day that are combined together by the merchant and received by our institution as a single transaction, it will 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. Reward Information: When your Kasasa Cash 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 $25,000 receive APY of 1.00%; and balances over $25,000 earn .50% interest rate on the portion of balance over $25,000, resulting in a range from 1.00% to .60% APY depending on the account’s balance. Kasasa Cash: Balances up to $25,000 receive a non-compounding APY* of 2.96%; and balances over $25,000 earn .50% interest rate on the portion of balance over $25,000, resulting in a non-compounding range from 2.96%to 1.00% APY* depending on the account’s balance. When Kasasa Cash qualifications are not met, Kasasa Saver: All balances earn .05% APY. Kasasa Cash: All balances earn a non-compounding APY* of .05%. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 01/01/2021. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. $100.00 minimum deposit is required to open the account. Monthly receipt of electronic statements is a condition(s) of this 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(s) per social security number. A Kasasa Cash 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. 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.
Cycle Date Information:
The following dates apply to your Kasasa Cash Back with Kasasa Saver account. Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. To qualify for your account's rewards, all of the transactions and activities identified within the above Qualification Information section must post and settle to your Kasasa Cash Back with Kasasa Saver account with these Monthly Qualification Cycle dates.
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 | Statement Cycle | ||||||
| January | 2021 | 12/31/2020 | 1/28/2021 | 1/1/2021 | 1/31/2021 | ||
| February | 2021 | 1/29/2021 | 2/25/2021 | 2/1/2021 | 2/28/2021 | ||
| March | 2021 | 2/26/2021 | 3/30/2021 | 3/1/2021 | 3/31/2021 | ||
| April | 2021 | 3/31/2021 | 4/29/2021 | 4/1/2021 | 4/30/2021 | ||
| May | 2021 | 4/30/2021 | 5/27/2021 | 5/1/2021 | 5/31/2021 | ||
| June | 2021 | 5/28/2021 | 6/29/2021 | 6/1/2021 | 6/30/2021 | ||
| July | 2021 | 6/30/2021 | 7/29/2021 | 7/1/2021 | 7/31/2021 | ||
| August | 2021 | 7/30/2021 | 8/30/2021 | 8/1/2021 | 8/31/2021 | ||
| September | 2021 | 8/31/2021 | 9/29/2021 | 9/1/2021 | 9/30/2021 | ||
| October | 2021 | 9/30/2021 | 10/28/2021 | 10/1/2021 | 10/31/2021 | ||
| November | 2021 | 10/29/2021 | 11/29/2021 | 11/1/2021 | 11/30/2021 | ||
| December | 2021 | 11/30/2021 | 12/30/2021 | 12/1/2021 | 12/31/2021 | ||
