Saving should be simple. At Altamaha Bank, it’s automatic — thanks to this free account that earns high interest.
- Automatic Savings
- 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
- 1.00% APY* on balances up to $25,000
- 1.00% to 0.40% APY on balances over $25,000 depending on balance in account
- 0.05% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
- No minimum balance to earn rewards
- No monthly maintenance fee
- Free digital banking services, including:
- Free online banking
- Free mobile banking
- Free eStatements
- $100 minimum deposit to open
Earning Your Rewards Is Easy!
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, ACH credit, or ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
Simple as that. Even if you don't qualify, your Kasasa® accounts are still free. Plus, you'll still earn our base rate on Kasasa Saver. And you can get back to earning your full rewards the very next cycle you qualify!
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. 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 current statement cycle.
See our website or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
"Banking Day" means any day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions or for processing.
"Business Day" means Monday through Friday and excludes weekends and legal holidays.
"Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account. See our website or contact one of our branch service representatives for specific Statement Cycle dates.
When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Kasasa Saver account earn an interest rate of .999% resulting in an APY of 1.00%; and daily balances over $25,000 earn an interest rate of .249% on the portion of the daily balance over $25,000, resulting in a range from 1.00% APY to .40% APY depending on the Kasasa Saver account's daily balance.
When your linked Kasasa Cash, Kasasa Cash Back or Kasasa Tunes account qualifications are not met, the entire daily balance in the Kasasa Saver account earns an interest rate of 0.05% resulting in an annual percentage yield of 0.05% APY.
Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of 10/1/2022
APY calculations are based on an assumed balance of $25,000 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days
Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
$100.00 minimum deposit is required to open the account.
Monthly at least 1 direct deposit, ACH payment, or bill pay transaction, be enrolled in and have agreed to receive e-statements rather than paper statements, at least 12 debit card purchases are a condition(s) of this account.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications.
Limit of one account(s) per account holder
There are no recurring monthly maintenance charges or fees to open or close this account.
This account is not to be used for commercial purposes. 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, reward calculations, processing limitations, cycle dates and enrollment instructions.
Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Tunes and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.