You are a minor who wants to start saving for the future.1,5
17 or younger
(Requires adult over 18 as joint owner)
$25
None
None
Yes10
N/A
N/A
N/A
N/A
Included4
Included, along with Mobile Deposit4
You have a Kasasa Cash® or Kasasa Cash Back® account — you can link your Kasasa Saver for rewards and automatic savings.1,5
18+
$25
None
None
Yes1
To earn your rewards, simply do the following on your linked Kasasa Cash or Kasasa Cash Back checking account each monthly qualification cycle:
N/A
N/A
Included4
Included, along with Mobile Deposit4
You want a simple variable rate savings account with competitive interest.5,6,8,10
18+
$100
$3
Meet any one of the qualifications below to waive this account's monthly service charge:
Yes10
N/A
N/A
N/A
Included4
Included, along with Mobile Deposit4
You want tiered interest rates and need only limited access to your funds as they grow.5,6,10
18+
$2,500
$15
Maintain a $2,500 monthly balance to avoid the service charge.
Yes10
N/A
N/A
Limited5
See Transaction Limitations below.
Included4
Included, along with Mobile Deposit4
You want a risk-free term account with fixed interest rates.6,9,11
18+
$2,500
None
N/A
Yes11
N/A
N/A
N/A
N/A
Included, inquiry only4
Included, inquiry only4
All accounts subject to approval. Restrictions and limitations may apply.
Information is accurate as of August 1, 2024.
Footnotes for Personal Deposit Accounts at BAC Community Bank
1Rates and rewards are variable. At any time and at the discretion of BAC Community Bank rates, qualifications, and rewards may change after account is opened. Fees may reduce earnings. Refer to the Personal Deposit Accounts Fee & Information Schedule for additional information. See our current Monthly Kasasa Qualification Calendar available from any branch or online at www.bankbac.com/kasasa-calendar.
2 Annual Percentage Yield. Information and Annual Percentage Yields are accurate as of 8/1/2024. When linked to Kasasa Saver, the interest in the Kasasa Cash account does not compound in the account since it is transferred into the Kasasa Saver account. The Kasasa Saver Annual Percentage Yields may be less than the Kasasa Cash Annual Percentage Yields.
3Sample calculations for rewards earned on Kasasa Cash and Kasasa Saver accounts are based on an assumed account balance of $10,000 + $100,000 and an assumed statement cycle of 31 days. Since any portion of an account balance over $10,000 earns a lower interest rate when qualifications are met, higher balance accounts may earn a lower compounded Annual Percentage Yield than the examples given.
4Service included at no charge. Customer may need to initiate use of the service by enrolling in or requesting the service.
5Transaction Limitations. Savings and money market accounts are designed to help households set aside and save funds as needed. These accounts are not transaction accounts therefore no more than 6 withdrawals of any type are permitted during your monthly statement cycle.
If you regularly exceed 6 withdrawals of any type during a statement cycle, BAC Community Bank may convert your savings or money market into a checking account or may close your account.
There are no limits on the number of deposit transactions.
6At any time and at the discretion of BAC Community Bank standard features and account requirements may change after account is opened.
7Maximum of two linked accounts, which may be any combination of Select Savings or Select Money Market; balances used will be current balances in linked accounts on the statement cycle date.
8Select Savings accounts closed within the first 90 days will be assessed a $10 early closure fee.
9Certificates of Deposit are term accounts subject to early withdrawal penalties. Please refer to the Personal Deposit Accounts Fee & Information Schedule and the Truth In Savings Disclosure for details.
10Minimum balance may apply. Please contact us or visit your local branch for current rate information. At our discretion, the bank may change variable interest rates and annual percentage yields. The current interest rate, annual percentage yield, balance and tier requirements associated with our accounts are documented in our Deposit Rate Schedule.
11The Certificate of Deposit interest rate and annual percentage yield is fixed for the term of your account. Minimum balance may apply. Please contact us or visit your local branch for current rate information.
