Naugatuck Savings Bank Ka-Ching! Savings Account Program

Naugatuck Savings Bank based in Naugatuck, Connecticut, just introduced a new interest-bearing Ka-Ching! Savings Account program for customers who have a personal checking account with a Visa Check Card. Every time you use the Visa Card for a non-Pin purchase of $50 or more you can earn money.

Naugatuck Bank will pay you the amount of cents in the transaction by making a deposit of that money into yourKa-Ching! Savings Account. For example, if your purchase totals $50.99, Naugatuck Savings Bank will deposit $.99 cents of the bank's money into your Ka-Ching! Savings Account.

Savings account rates on the Ka-Ching! Savings Account are tiered and based on the account balance. There are three tiers and the savings account rate is either 0.25%, 0.50% or .075% based on the balance.

Granted these savings account rates are not the highest savings account rates around but when if you use the Visa card frequently the savings rate and savings yield can increase dramatically.

For more information about the Ka-Ching! Savings Account at Naugatuck Savings Bank visit: Naugatuck Savings Bank's Ka-Ching! Savings Account. For a list of the best savings account rates from many different banks use our rate list here: BEST SAVINGS ACCOUNT RATES. You can also view the best CD rates here: BEST CD RATES.
Author: Jason P. Jones
September 1st, 2011
Posted in: Savings Accounts