Kasasa Saver

Choose a free account that simplifies saving and earns a high rate.

Free Kasasa Saver® makes saving effortless. It links to your free Kasasa Cash® or Kasasa Cash Back® checking to build your savings automatically. When you earn cash rewards in your Kasasa® checking, those earnings transfer into Kasasa Saver.® You’ll also earn up to 0.25% APY1 on your Kasasa Saver® balance!

The other benefits of this account are:

  • 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
  • 0.25% APY on balances up to $50,000 each cycle that you qualify1
  • 0.05% APY on balances over $50,000 each cycle that you qualify1
  • 0.05% APY* if qualifications1 are not met
  • No minimum balance to earn rewards
  • No monthly service fee
  • Free Online Banking2
  • Free Mobile Banking2
  • Free Remote Deposit2
  • Free Telephone Banking2

Open an account today!

To open an account, please call Customer Service at 508-890-9000 or 800-244-8161 or visit one of our branch locations.

1APY=Annual Percentage Yield. APYs accurate as of Tuesday, Dec 6, 2022. Kasasa rates and rewards are variable and may change after account is opened. No minimum to open any Kasasa account. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current Statement Cycle through one day prior to the close of the current Statement Cycle. “Statement Cycle” means the period of time for which Bay State Savings Bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Kasasa Saver: Interest earned in Kasasa Cash and in Kasasa Cash Back are automatically transferred to Kasasa Saver each Statement Cycle and does not compound. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualification in the linked Kasasa Cash or Kasasa Cash Back are met each Monthly Qualification Cycle: (1) balances up to and including $50,000 in Kasasa Saver receive an APY of 0.25%; and (2) balances over $50,000 in Kasasa Saver earn 0.05% interest rate on portion of balance over $50,000 resulting in 0.25% to 0.12% APY depending on the balance. If qualifications are not met on the linked Kasasa Cash or Kasasa Cash Back account, all balances in Kasasa Saver earn 0.05% APY. Transfers between accounts do not count as qualifying transactions. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. Limit one account per SSN. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. Fees may reduce earnings.

2Standard phone/internet 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).