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 1.00% 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
- 1.00% APY on balances up to $50,000 each cycle that you qualify1
- 1.00% to 0.05% APY on balances over $50,000 depending on balance in account 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
And 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. To earn your rewards, just do the following transactions and activities in your Kasasa Cash® or Kasasa Cash Back® account during each Monthly Qualification Cycle1:
- Have at least 12 PIN-based debit card purchases post and settle
- Be enrolled in and agree to receive e-statements
- Be enrolled in and log into online banking
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.
1To qualify for Kasasa Saver rewards during a Monthly Qualification Cycle, you must meet the qualification requirements associated with your Kasasa Cash or Kasasa Cash Back checking account. "Monthly Statement Cycle" means a period beginning one (1) day prior to the first day of the current Statement Cycle through one (1) 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. For example, the Statement Cycle for this account typically runs from the 6th of the current month through the 5th of the following month. If the end date of the Statement Cycle falls on a Saturday or Sunday, the end date of the Statement Cycle is instead the Friday before, and the next Statement Cycle will commence the day after that. Kasasa Saver accounts earn 1.00% Annual Percentage Yield (APY) on balances up to $50,000.00 during each Monthly Qualification Cycle that your account qualifies. The portion of your balance above that cap will earn an interest rate of 0.25% resulting in a range from 1.00% to 0.50% APY, depending on your balance. Kasasa Saver accounts earn 0.05% APY during Monthly Qualification Cycles that your Kasasa Saver account does not qualify. Rates are current as of Sunday, August 18, 2019. Rates and rewards are subject to change and may change after account is opened. Fees may reduce earnings. Rewards are automatically transferred from your Kasasa Checking account to your Kasasa Saver account on the last day of the statement cycle.
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).