Interest Checking

Choose free checking that pays high interest and refunds on ATM withdrawal fees.

We basically pay you to bank here. By doing banking basics that you probably already do, your Interest Checking account can earn up to 0.30% – .06% APY¹. You’ll also get refunds on your ATM withdrawal fees, nationwide, so every ATM can be your ATM.¹

The benefits of this account are:

0.30% APY¹ on balances up to $20,000
0.30% – 0.06% APY¹ on balances of $20,000.01 or more
Refunds on ATM withdrawal fees, nationwide
Can link to free Flex Savings account to build savings automatically
No monthly service charge
Unlimited check writing
Free Online Banking²
Free Bill Pay²
Free Mobile Banking²
Free Remote Deposit²
Free Telephone Banking²

Looking for more benefits? Check out Flex Savings.

¹APY=Annual Percentage Yield. APY is accurate as of Friday, Apr 19, 2024. Rates are subject to change. No minimum deposit amount to open account. Nationwide ATM fees incurred during monthly cycle will be reimbursed up to $20 (up to $5.00 per ATM fee transaction) and will be credited to the account on the last day of monthly statement cycle. Balances in your Interest Checking account up to and including $20,000 receive an interest rate of 0.299% (0.30% APY*); and balances over $20,000 earn 0.01% interest rate on the portion of the balance over $20,000 resulting in a range from 0.30% to 0.06% APY depending on the balance. This quote APY range assumes a deposit amount of $120,000. Transactions may take one or more banking days from the date transaction was made to post and settle to account. If you have a Flex Savings account, the interest earned in the Interest Checking will automatically be transferred to Flex Savings each monthly statement cycle. You are not required to have a Flex Savings account, if you don’t the interest earned will remain in the Interest Checking account. The Flex Savings APYs may be less than Interest Checking APYs. Limit one account per SSN. Fees may reduce earnings.

²Standard internet/telephone carrier rates and fees apply.

Please refer to Bay State Savings Bank Retail Fee Schedule for current fees and charges.

Visit our Additional Services Page for information regarding our ATM services.

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).