Massachusetts Best Checking Accounts & Rates October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Massachusetts checking account rates range from 0.01% to 8.00% APY, verified by MonitorBankRates as of October 13, 2026. The best checking rates for Massachusetts include Baxter Credit UnionBaxter Credit Union100 Boston Scientific Way, Marlborough, MA 01752A5.0 ★Texas Ratio: 6.31% PowerPlusTM Checking - Level 2 at 8.00% APY, St Marys Credit UnionSt Marys Credit Union46 Lizotte Dr, Marlborough, MA 01752 3061A+5.0 ★Texas Ratio: 0.47% Kasasa Cash Checking at 5.25% APY, Newburyport BankNewburyport Bank63 State St, Newburyport, MA 01950A-4.9 ★Texas Ratio: 16.54% Rewards Checking at 5.00% APY, Pentucket BankPentucket Bank1 Merrimack St, Haverhill, MA 01830A+5.0 ★Texas Ratio: 5.92% Rewards Checking at 5.00% APY, and Clinton Savings BankClinton Savings Bank200 Church St, Clinton, MA 01510A-5.0 ★Texas Ratio: 15.56% Total Access Checking Account at 5.00% APY. Checking account rates as of October 13, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare checking account rates across Massachusetts side-by-side. Massachusetts checking rates currently reach as high as 8.00% APY from Baxter Credit Union at 100 Boston Scientific Way, Marlborough, MA, 01752. Rates are continually updated, so we recommend checking back frequently.
Checking account rates reflect recent market quotes and representative offers available to depositors in Massachusetts. Checking Account Rates Last Updated and Verified: October 13, 2026
Compare Checking Account Rates Today in Massachusetts
Massachusetts Checking Account Rates
Marlborough, MA 01752
balances up to $15,000; Qualifications Required: Qualifications Required; Level 2 on balances up to $15,000; Balance: $0.01 - $15,000.00; Introductory APY; Introductory Dividend Rate
- Oct 10, 20268.00%▲ from 1.00%
- Sep 27, 20261.00%first recorded
Marlborough, MA 01752 3061
Qualifications Required: 1 Direct Deposit, ACH Payment, or ACH Credit Transaction(s); at least 12 debit card purchases; eStatement enrollment; APY on daily balances up to and including $10,000.00; daily balances over $10,000.00 earn 0.25% APY and a dividend rate of 0.25% on the portion of the daily balance over $10,000.00, resulting in a range from 5.25% to 0.70% APY depending on the account's daily balance. If qualifications are not met, the entire daily balance will earn 0.05% APY.
- Oct 10, 20265.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Newburyport, MA 01950
Balance: $0.00 - $15,000.00
Haverhill, MA 01830
Balance: $0-$15,000.00
Clinton, MA 01510
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $24,999.99
- Oct 7, 20265.00%▲ from 4.50%
- Sep 19, 20264.50%first recorded
Gardner, MA 01440 3703
Balance: $0.01 - $500.00
Fitchburg, MA 01420
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0-$15,000.00
- Oct 9, 20264.50%▲ from 3.00%
- Sep 26, 20263.00%first recorded
Millbury, MA 01527
Balance: Below $25,000.01
Millbury, MA 01527
Balance: Below $25,000.01
Gloucester, MA 01930
Qualifications Required: FIFTEEN (15) Debit Card purchases post and clear; ONE (1) ACH Direct Deposit post and clear; receive electronic statements; Balance: $0.01-$25,000.00; Variable rate, may change after account is opened. Advertised annual percentage yield (APY) valid as of 8/3/2026. Fees may reduce earnings. Limited time offer. For full terms & conditions, visit: BankGloucester.com/disclosures.
Lee, MA 01238
Qualifications Required; Balance: $0.01 up to $10,000; Rate applies to balances up to $10,000.
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Marlborough, MA 01752
Introductory APY; Introductory Dividend Rate
- Oct 10, 20264.00%▲ from 1.00%
- Sep 18, 20261.00%first recorded
Marlborough, MA 01752
balances up to $15,000; Qualifications Required: Qualifications Required; Level 1 on balances up to $15,000; Balance: $0.01 - $15,000.00; Introductory APY; Introductory Dividend Rate
- Oct 10, 20264.00%▲ from 1.00%
- Sep 22, 20261.00%first recorded
Braintree, MA 02184 3909
Balance to $1,000
Ware, MA 01082
No additional details provided.
Worcester, MA 01606
Qualifications Required; Balance: $0.00 - $10,000.00; Minimum to earn dividend: $1.60; Minimum deposit of $5.00 required to open the account; Balances up to $10,000.00 receive an APY of 3.50% if qualifications are met; Account may not be used for commercial purposes; Fees may reduce earnings; Membership requirements apply
Fairhaven, MA 02719
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $10,000.00
Shrewsbury, MA 01545
Dividends compounded/credited monthly
- Oct 10, 20263.04%▼ from 3.38%
- Sep 27, 20263.38%first recorded
Pittsfield, MA 01201
Balances Up to $25,000; Balance: Balances Up to $25,000
Lee, MA 01238
Qualifications Required; Balance: $0.01 up to $10,000
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Worcester, MA 01607
Balance: $0.00-$1,000.00
Gardner, MA 01440 3703
Balance: $500.01 - $10,000.00
Springfield, MA 01111
Qualifying balance up to $10,000.00
EAST BOSTON, MA 02128 1864
Qualifications Required; Qualifying balance up to $10,000.00
Springfield, MA 01144
Balance: $0 - $50,000
Pittsfield, MA 01201
Balances Up to $10,000; Balance: Balances Up to $10,000
Gloucester, MA 01930
Balance: .01 - $10,000.00
Southbridge, MA 01550
Qualifications Required: 12 posted and settled Debit Card purchases; Be enrolled in eStatements; 1 direct deposit or 1 bill payment (electronic) or automatic payment (ACH) post and settle; Balances from $10.00 up to $25,000 earn 1.95% interest rate (2.00% Annual Percentage Yield (APY)); If qualifications are not met, balances of $10 or more earn an interest rate and APY of 0.05%, and the account does not receive ATM surcharge rebates or Savers Bank card activity charges for that period.
Amesbury, MA 01913
Balance: $20,000+; Open Online (Opens in new tab)
New Bedford, MA 02740
No additional details provided.
Southbridge, MA 01550
Qualifications Required; Balance: $0.01-$25,000.00
Somerset, MA 02726
Qualifications Required; Balance: $0.00 - $10,000.00; APY 2.00% (1.98% if linked to Kasasa Saver); Rates effective Tuesday, October 13, 2026
Lawrence, MA 01843
Balance: Up to but not exceeding $10,000; Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; be enrolled to receive e-statements; APY* 2.00% - 0.20%; (if qualifications are not met) Interest Rate 0.02%; APY* 0.02%
Milton, MA 02186
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: 0 - $25,000
Springfield, MA 01104 3222
Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; enrolled to receive e-statements; Qualifying balance up to $10,000.00; Rate: 0.20% on balances above $10,000; Rate: 0.02% if qualifications are not met
- Sep 22, 20262.00%▲ from 0.02%
- Sep 14, 20260.02%first recorded
Athol, MA 01331 1825
Qualifications Required; Balance: 0 to $25,000
- Oct 13, 20261.75%▲ from 0.10%
- Sep 14, 20260.10%first recorded
Fitchburg, MA 01420
Qualifications Required; The Annual Percentage Yield (APY) is 1.26% as of 10/07/2026. Balances up to and including $15,000.00 will earn an APY of 1.26%, balances in excess of $15,000.00 will earn an APY of 1.26% to 0.01%. If you do not meet the eligibility requirements during the statement cycle, the rate paid on your account on the entire balance will be 0.01% with an APY of 0.01%. Minimum balance to open the account is $10.00. To be eligible for the interest rates and APYs, and receive up to $20.00 reimbursement for foreign ATM fees, you must meet the following requirements during the statement cycle: enrollment in online banking and eStatements; direct deposits totaling $100.00 or more posted and cleared; and 10 debit card transactions posted and cleared. Rates may change after the account is opened. Fees may reduce earnings.
Florence, MA 01062
No additional details provided.
Massachusetts High Yield Checking Rates
Marlborough, MA 01752
balances up to $15,000; Qualifications Required: Qualifications Required; Level 2 on balances up to $15,000; Balance: $0.01 - $15,000.00; Introductory APY; Introductory Dividend Rate
- Oct 10, 20268.00%▲ from 1.00%
- Sep 27, 20261.00%first recorded
Marlborough, MA 01752 3061
Qualifications Required: 1 Direct Deposit, ACH Payment, or ACH Credit Transaction(s); at least 12 debit card purchases; eStatement enrollment; APY on daily balances up to and including $10,000.00; daily balances over $10,000.00 earn 0.25% APY and a dividend rate of 0.25% on the portion of the daily balance over $10,000.00, resulting in a range from 5.25% to 0.70% APY depending on the account's daily balance. If qualifications are not met, the entire daily balance will earn 0.05% APY.
- Oct 10, 20265.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Newburyport, MA 01950
Balance: $0.00 - $15,000.00
Haverhill, MA 01830
Balance: $0-$15,000.00
Clinton, MA 01510
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $24,999.99
- Oct 7, 20265.00%▲ from 4.50%
- Sep 19, 20264.50%first recorded
Gardner, MA 01440 3703
Balance: $0.01 - $500.00
Fitchburg, MA 01420
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0-$15,000.00
- Oct 9, 20264.50%▲ from 3.00%
- Sep 26, 20263.00%first recorded
Millbury, MA 01527
Balance: Below $25,000.01
Millbury, MA 01527
Balance: Below $25,000.01
Gloucester, MA 01930
Qualifications Required: FIFTEEN (15) Debit Card purchases post and clear; ONE (1) ACH Direct Deposit post and clear; receive electronic statements; Balance: $0.01-$25,000.00; Variable rate, may change after account is opened. Advertised annual percentage yield (APY) valid as of 8/3/2026. Fees may reduce earnings. Limited time offer. For full terms & conditions, visit: BankGloucester.com/disclosures.
Lee, MA 01238
Qualifications Required; Balance: $0.01 up to $10,000; Rate applies to balances up to $10,000.
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Marlborough, MA 01752
Introductory APY; Introductory Dividend Rate
- Oct 10, 20264.00%▲ from 1.00%
- Sep 18, 20261.00%first recorded
Marlborough, MA 01752
balances up to $15,000; Qualifications Required: Qualifications Required; Level 1 on balances up to $15,000; Balance: $0.01 - $15,000.00; Introductory APY; Introductory Dividend Rate
- Oct 10, 20264.00%▲ from 1.00%
- Sep 22, 20261.00%first recorded
Braintree, MA 02184 3909
Balance to $1,000
Ware, MA 01082
No additional details provided.
Worcester, MA 01606
Qualifications Required; Balance: $0.00 - $10,000.00; Minimum to earn dividend: $1.60; Minimum deposit of $5.00 required to open the account; Balances up to $10,000.00 receive an APY of 3.50% if qualifications are met; Account may not be used for commercial purposes; Fees may reduce earnings; Membership requirements apply
Fairhaven, MA 02719
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $10,000.00
Shrewsbury, MA 01545
Dividends compounded/credited monthly
- Oct 10, 20263.04%▼ from 3.38%
- Sep 27, 20263.38%first recorded
Pittsfield, MA 01201
Balances Up to $25,000; Balance: Balances Up to $25,000
Lee, MA 01238
Qualifications Required; Balance: $0.01 up to $10,000
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Worcester, MA 01607
Balance: $0.00-$1,000.00
Gardner, MA 01440 3703
Balance: $500.01 - $10,000.00
Springfield, MA 01111
Qualifying balance up to $10,000.00
EAST BOSTON, MA 02128 1864
Qualifications Required; Qualifying balance up to $10,000.00
Springfield, MA 01144
Balance: $0 - $50,000
Pittsfield, MA 01201
Balances Up to $10,000; Balance: Balances Up to $10,000
Gloucester, MA 01930
Balance: .01 - $10,000.00
Southbridge, MA 01550
Qualifications Required: 12 posted and settled Debit Card purchases; Be enrolled in eStatements; 1 direct deposit or 1 bill payment (electronic) or automatic payment (ACH) post and settle; Balances from $10.00 up to $25,000 earn 1.95% interest rate (2.00% Annual Percentage Yield (APY)); If qualifications are not met, balances of $10 or more earn an interest rate and APY of 0.05%, and the account does not receive ATM surcharge rebates or Savers Bank card activity charges for that period.
Amesbury, MA 01913
Balance: $20,000+; Open Online (Opens in new tab)
New Bedford, MA 02740
No additional details provided.
Southbridge, MA 01550
Qualifications Required; Balance: $0.01-$25,000.00
Somerset, MA 02726
Qualifications Required; Balance: $0.00 - $10,000.00; APY 2.00% (1.98% if linked to Kasasa Saver); Rates effective Tuesday, October 13, 2026
Lawrence, MA 01843
Balance: Up to but not exceeding $10,000; Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; be enrolled to receive e-statements; APY* 2.00% - 0.20%; (if qualifications are not met) Interest Rate 0.02%; APY* 0.02%
Milton, MA 02186
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: 0 - $25,000
Springfield, MA 01104 3222
Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; enrolled to receive e-statements; Qualifying balance up to $10,000.00; Rate: 0.20% on balances above $10,000; Rate: 0.02% if qualifications are not met
- Sep 22, 20262.00%▲ from 0.02%
- Sep 14, 20260.02%first recorded
Athol, MA 01331 1825
Qualifications Required; Balance: 0 to $25,000
- Oct 13, 20261.75%▲ from 0.10%
- Sep 14, 20260.10%first recorded
Fitchburg, MA 01420
Qualifications Required; The Annual Percentage Yield (APY) is 1.26% as of 10/07/2026. Balances up to and including $15,000.00 will earn an APY of 1.26%, balances in excess of $15,000.00 will earn an APY of 1.26% to 0.01%. If you do not meet the eligibility requirements during the statement cycle, the rate paid on your account on the entire balance will be 0.01% with an APY of 0.01%. Minimum balance to open the account is $10.00. To be eligible for the interest rates and APYs, and receive up to $20.00 reimbursement for foreign ATM fees, you must meet the following requirements during the statement cycle: enrollment in online banking and eStatements; direct deposits totaling $100.00 or more posted and cleared; and 10 debit card transactions posted and cleared. Rates may change after the account is opened. Fees may reduce earnings.
Monson, MA 01057
Qualifications Required; Balance: $0.01 - $25,000; qualifications met
Massachusetts Rewards Checking Rates
Marlborough, MA 01752 3061
Qualifications Required: 1 Direct Deposit, ACH Payment, or ACH Credit Transaction(s); at least 12 debit card purchases; eStatement enrollment; APY on daily balances up to and including $10,000.00; daily balances over $10,000.00 earn 0.25% APY and a dividend rate of 0.25% on the portion of the daily balance over $10,000.00, resulting in a range from 5.25% to 0.70% APY depending on the account's daily balance. If qualifications are not met, the entire daily balance will earn 0.05% APY.
- Oct 10, 20265.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
Newburyport, MA 01950
Balance: $0.00 - $15,000.00
Haverhill, MA 01830
Balance: $0-$15,000.00
Millbury, MA 01527
Balance: Below $25,000.01
Gloucester, MA 01930
Qualifications Required: FIFTEEN (15) Debit Card purchases post and clear; ONE (1) ACH Direct Deposit post and clear; receive electronic statements; Balance: $0.01-$25,000.00; Variable rate, may change after account is opened. Advertised annual percentage yield (APY) valid as of 8/3/2026. Fees may reduce earnings. Limited time offer. For full terms & conditions, visit: BankGloucester.com/disclosures.
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Ware, MA 01082
No additional details provided.
Fairhaven, MA 02719
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $10,000.00
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: $0.01 up to $10,000; On balances $0.01 up to $10,000 If qualifications are met
Springfield, MA 01111
Qualifying balance up to $10,000.00
Gloucester, MA 01930
Balance: .01 - $10,000.00
Southbridge, MA 01550
Qualifications Required; Balance: $0.01-$25,000.00
Somerset, MA 02726
Qualifications Required; Balance: $0.00 - $10,000.00; APY 2.00% (1.98% if linked to Kasasa Saver); Rates effective Tuesday, October 13, 2026
Lawrence, MA 01843
Balance: Up to but not exceeding $10,000; Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; be enrolled to receive e-statements; APY* 2.00% - 0.20%; (if qualifications are not met) Interest Rate 0.02%; APY* 0.02%
Milton, MA 02186
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: 0 - $25,000
Springfield, MA 01104 3222
Qualifications Required: 12 debit card point of sales purchases that post and settle your account; one automatic payment, direct deposit, or online bill payment post and settle your account; enrolled to receive e-statements; Qualifying balance up to $10,000.00; Rate: 0.20% on balances above $10,000; Rate: 0.02% if qualifications are not met
- Sep 22, 20262.00%▲ from 0.02%
- Sep 14, 20260.02%first recorded
Fitchburg, MA 01420
Qualifications Required; The Annual Percentage Yield (APY) is 1.26% as of 10/07/2026. Balances up to and including $15,000.00 will earn an APY of 1.26%, balances in excess of $15,000.00 will earn an APY of 1.26% to 0.01%. If you do not meet the eligibility requirements during the statement cycle, the rate paid on your account on the entire balance will be 0.01% with an APY of 0.01%. Minimum balance to open the account is $10.00. To be eligible for the interest rates and APYs, and receive up to $20.00 reimbursement for foreign ATM fees, you must meet the following requirements during the statement cycle: enrollment in online banking and eStatements; direct deposits totaling $100.00 or more posted and cleared; and 10 debit card transactions posted and cleared. Rates may change after the account is opened. Fees may reduce earnings.
Worcester, MA 01608
Qualifications Required: 1.00% interest on balances up to $1500 when qualifications are met; Earn 1.00% interest on balances up to $1500 when qualifications are met; ATM fee reimbursements up to monthly limits; Digital banking with bill pay and mobile deposit
Ware, MA 01082
No additional details provided.
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: over $10,000; On amount of balance over $10,000 If qualifications are met
Lee, MA 01238
Qualifications Required: If qualifications are met; Balance: On amount of balance over $10,000 If qualifications are met
Fitchburg, MA 01420
Qualifications Required: 12 debit card purchases; e-statements; direct deposits; one ACH transaction per statement cycle; Balance: up to and including $15,000.00; balances of $15,000.01 and over earn .25% APY; non-qualifying APY 0.05%; ATM fees refunded up to $15 per statement cycle when qualifying requirements are met; personal accounts only; includes Veteran's Visa Debit Card
- Oct 13, 20260.50%▲ from 0.05%
- Sep 24, 20260.05%first recorded
Ludlow, MA 01056
Qualifying balance up to $25,000.00; Qualifications Required; Fees may reduce earnings on the account
Fairhaven, MA 02719
Balance: Over $10,000.00
- Sep 18, 20260.35%▲ from 0.02%
- Sep 14, 20260.02%first recorded
Ware, MA 01082
No additional details provided.
Florence, MA 01062
On balances up to $25,000
Millbury, MA 01527
Published APY range: 0.25% - 4.07%. Balance: $25,000.01 and above
Greenfield, MA 01301 3113
On balances over $10,000
- Sep 21, 20260.25%▼ from 4.00%
- Sep 17, 20264.00%▲ from 0.25%
- Sep 14, 20260.25%first recorded
Worcester, MA 01606
Balance: $5,000.01 or more; Minimum to earn dividend: $5,000.01; Must maintain a minimum daily balance of $1,000.00 to avoid a monthly service charge fee of $10.00
Worcester, MA 01606
Balance: $61.00 - $5,000.00; Minimum to earn dividend: $61.00; Must maintain a minimum daily balance of $1,000.00 to avoid a monthly service charge fee of $10.00
Lee, MA 01238
EMPOWER REWARDS Checking w/EMPOWER REWARDS Savings; APYs accurate as of 10/08/2026. Rates may change after account is opened. Reward Information: When your EMPOWER REWARDS account qualifications are met during a Monthly Qualification Cycle, checking account balances $0.01 up to $10,000.00 receive an APY (Annual Percentage Yield) of 4.00%, and balances over $10,000.00 earn 0.50% interest rate on the portion of balances over $10,000.00, resulting in a range from 4.00% - 0.50% APY depending on the account's balance and (2) savings account balances $0.01 up to $25,000.00 in EMPOWER REWARDS Savings receive an APY of 4.00%; and balances over $25,000.00 in EMPOWER REWARDS Savings earn 0.50% interest rate on portion of balance over $25,000.00, resulting in 4.00% - 0.50% APY depending on the balance. If qualifications for EMPOWER REWARDS Checking are not met, all balances in EMPOWER REWARDS Checking and Savings earn 0.05% APY and ATM fees are not refunded. When qualifications are met, interest and ATM fee reimbursements will be credited to your EMPOWER REWARDS checking account on the last day of the statement cycle and will automatically sweep into the attached savings account. EMPOWER REWARDS Checking must be opened in tandem with EMPOWER REWARDS Savings.
Lee, MA 01238
Balance: On entire balance If qualifications not met
Florence, MA 01062
Assumes a principal balance of $35,000.00. APY earned depends on the actual principal balance.
Gloucester, MA 01930
Balance: .01 and over
Millbury, MA 01527
0.05% APY if qualifications aren't met. ATM withdrawal fee refunds up to $25 monthly.
Millbury, MA 01527
Qualifications not met
Dedham, MA 02026
Balance Tier: $10,000+
Milton, MA 02186
All balances if qualifications not met
- Oct 10, 20260.05%▼ from 2.00%
- Sep 22, 20262.00%▲ from 0.05%
- Sep 18, 20260.05%first recorded
Fairhaven, MA 02719
Qualifications Not Met
Florence, MA 01062
Base Rate
Massachusetts Free Checking Rates
Clinton, MA 01510
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: $0.00 - $24,999.99
- Oct 7, 20265.00%▲ from 4.50%
- Sep 19, 20264.50%first recorded
Gardner, MA 01440 3703
Balance: $0.01 - $500.00
Worcester, MA 01606
Qualifications Required; Balance: $0.00 - $10,000.00; Minimum to earn dividend: $1.60; Minimum deposit of $5.00 required to open the account; Balances up to $10,000.00 receive an APY of 3.50% if qualifications are met; Account may not be used for commercial purposes; Fees may reduce earnings; Membership requirements apply
Gardner, MA 01440 3703
Balance: $500.01 - $10,000.00
Canton, MA 02021
No additional details provided.
Millbury, MA 01527
0.05% APY if qualifications aren't met. ATM withdrawal fee refunds up to $25 monthly.
Clinton, MA 01510
Balance: $25,000 and over
Somerset, MA 02726
No additional details provided.
Braintree, MA 02184 3909
No additional details provided.
Fall River, MA 02724 2935
Balance: $20.00+
Raynham, MA 02767
No additional details provided.
Clinton, MA 01510
Balance: All balances if qualifications not met
Gardner, MA 01440 3703
Balance: $10,000.01 and over
Massachusetts Student Checking Rates
Arlington, MA 02474
No additional details provided.
Lowell, MA 01851
No additional details provided.
Shrewsbury, MA 01545
No additional details provided.
Somerset, MA 02726
No additional details provided.
Stoneham, MA 02180
No additional details provided.
Worcester, MA 01607
Balance: $0.00
Massachusetts Business Checking Rates
Florence, MA 01062
No additional details provided.
Raynham, MA 02767
Balance: $100,000.01 - $125,000.00; Interest rate paid on the daily balance of the next $100,000.01 to $125,000.00
Shrewsbury, MA 01545
Balance: $100,000.00 +
Raynham, MA 02767
Balance: $75,000.01 - $100,000.00; Interest rate paid on the daily balance of the next $75,000.01 to $100,000.00
Shrewsbury, MA 01545
Balance: $50,000.00 - $99,999.99
Raynham, MA 02767
Balance: $50,000.01 - $75,000.00; Interest rate paid on the daily balance of the next $50,000.01 to $75,000.00
Hadley, MA 01035
Balance: $0-$25,000; Qualifying balance up to $25,000.00
- Oct 13, 20260.50%▲ from 0.03%
- Oct 5, 20260.03%first recorded
Falmouth, MA 02540
Balance: $25,000.00
Falmouth, MA 02540
Balance: $10,000.00
Shrewsbury, MA 01545
Balance: $25,000.00 - $49,999.99
NEW BEDFORD, MA 02740
Balance: $75,000 or more
Raynham, MA 02767
Balance: $25,000.01 - $50,000.00; Interest rate paid on the daily balance of the next $25,000.01 to $50,000.00
Gloucester, MA 01930
No additional details provided.
Newburyport, MA 01950
No additional details provided.
Lowell, MA 01854 3908
Balance: $100,000 and over; $5.00 Membership Account Required
Marlborough, MA 01752
No additional details provided.
Lowell, MA 01854 3908
Balance: $50,000 - $99,999.99; $5.00 Membership Account Required
NEW BEDFORD, MA 02740
Balance: $50,000 or more but less than $75,000
Rockland, MA 02370
Balance: $5.00 - higher; Compounding: Monthly
Springfield, MA 01144
Monthly maintenance charge $0.
Lowell, MA 01854 3908
Balance: $10,000 - $24,999.99; $5.00 Membership Account Required
Somerville, MA 02144
No additional details provided.
Lowell, MA 01851
No additional details provided.
NEW BEDFORD, MA 02740
Balance: $10,000 or more but less than $50,000
Boston, MA 02210
No additional details provided.
Canton, MA 02021
No additional details provided.
Ayer, MA 01432
Published APY range: 0.03% - 0.04%. Balance: $50,000.01 - $100,000
Boston, MA 02110
Balance: $100 - $24,999.99
Boston, MA 02110
Balance: $100 - $24,999.99
Marblehead, MA 01945
No additional details provided.
Woburn, MA 01801
Checking product for 501 (C) 3 organizations
Canton, MA 02021
Balance: $1,000 - $1,999; Fees may reduce earnings. Rates are variable and subject to change after account opening.
NEW BEDFORD, MA 02740
No additional details provided.
NEW BEDFORD, MA 02740
No additional details provided.
NEW BEDFORD, MA 02740
Balance: $0.01 or more but less than $10,000
Fitchburg, MA 01420
No additional details provided.
Marlborough, MA 01752 3061
No additional details provided.
Chicopee, MA 01020 1255
Rates effective as of June 3, 2021
Fairhaven, MA 02719
Balance: $1,000+
Ayer, MA 01432
Balance: $0.01 - $10,000
Massachusetts Checking Rate Trends
Compare local Massachusetts checking rate quotes against the statewide average
Daily checking rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Massachusetts high-yield checking rates fell 0.024 points over the past 7 days to 0.875% APY.
Massachusetts free checking rates rose 0.044 points over the past 7 days to 0.238% APY.
Massachusetts Checking Rate Forecast, Next 12 Months
Checking APYs move with Federal Reserve policy. Our model projects the likely path of high-yield and free checking averages from the current Massachusetts figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit institutions typically pass policy-rate changes through to checking APYs within 60 to 90 days. Reward and high-yield checking adjust faster than standard accounts.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Your Balance Earns at MA Checking Averages
Annual interest earnings at current Massachusetts average APYs. Advertised high-yield rates typically require qualifying monthly activity, and most accounts cap the balance that earns the top rate. The calculator below models your exact balance against a cap.
| Balance | High-Yield Checking (0.875% APY) | Monthly Earnings | Free Checking (0.238% APY) | Monthly Earnings |
|---|---|---|---|---|
| $2,500 | $21.87 / year | $1.82 | $5.95 / year | $0.50 |
| $5,000 | $43.75 / year | $3.65 | $11.90 / year | $0.99 |
| $10,000 | $87.49 / year | $7.29 | $23.79 / year | $1.98 |
| $25,000 | $218.73 / year | $18.23 | $59.48 / year | $4.96 |
| Earnings estimates assume the full balance earns the average APY with qualifying requirements met every month. Actual earnings depend on the account’s rate cap, base rate, and whether requirements are met. The top offers above pay well over these averages. Source: Massachusetts checking rate averages as of October 13, 2026. | ||||
Available in Massachusetts
About Our Massachusetts Checking Rate Database
MonitorBankRates tracks checking account rates from 22 banks and 32 credit unions offering checking accounts to Massachusetts residents, spanning high-yield, rewards, free, student, and business checking from community institutions, regional banks, and national online options. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Baxter Credit Union offers a checking account at 8.00% APY. High-yield checking rates typically require qualifying monthly activity. Check the account details before opening.
How to Find the Best Checking Rates in Massachusetts
What to compare when shopping for an interest-bearing checking account in Massachusetts
To find the best checking APYs in Massachusetts, start with credit unions and online-only banks: Massachusetts has 32 credit unions in our database, and they dominate the high-yield and rewards checking market because they have lower overhead than traditional branch networks and use high rates to win your primary banking relationship.
Read the qualifying requirements before you’re drawn in by the headline rate. Most high-yield checking accounts require 10 to 15 debit card transactions per month, a direct deposit or ACH transfer, and e-statements. Miss them in a given month and you earn a near-zero base rate instead. Also check the balance cap: the advertised APY usually applies only up to $10,000 to $25,000. The current MA high-yield checking average is 0.875% but top institutions serving Massachusetts are offering as high as 8.00%, so shopping around pays off.
Finally, weigh fees and access: a monthly maintenance fee can erase a year of interest on a modest balance, and out-of-network ATM fees add up fast. The best accounts pair a high rate with no monthly fee and nationwide ATM access or ATM-fee reimbursement.
When High-Yield Checking Makes Sense
- You already use a debit card regularly: the transaction requirements cost you nothing extra
- Your everyday balance sits under the account’s rate cap, so your whole balance earns the top APY
- You want your spending money earning savings-level interest instead of 0%
- You prefer banking locally: 54 institutions serving Massachusetts report checking rates to our database
Consider an Alternative If…
- Your balance is well above the rate cap: Massachusetts savings rates or money market rates for the excess
- You won’t reliably meet the monthly activity requirements: a no-strings high-yield savings account earns more
- You have money you won’t touch for a set period: Massachusetts CD rates lock in a guaranteed return
Massachusetts Financial Snapshot
Local demographics and economic context for account holders. Source: U.S. Census Bureau
At today’s MA high-yield checking average of 0.875%, keeping 10% of the local median salary ($5,723) in a high-yield checking account would earn $50 annually, money a 0% traditional checking account leaves on the table. The top offers above pay even more.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
High-Yield Checking vs. Other Massachusetts Options
How interest-bearing checking accounts compare to the other deposit products available at banks and credit unions in Massachusetts.
| Feature | High-Yield Checking | Free Checking | High-Yield Savings | Money Market |
|---|---|---|---|---|
| Current MA Avg APY | 0.875% | 0.238% | View Savings Rates | View MMA Rates |
| Monthly Activity Required | ✗ Usually yes (debit + direct deposit) | ✓ None | ✓ None | ✓ None |
| Balance Cap on Top Rate | Common ($10K, $25K) | Little or no interest paid | ✓ Rarely | Tiered: higher balances earn more |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Checks & Debit Card | ✓ Unlimited | ✓ Unlimited | ✗ No | ✓ Limited per month |
| Best For | Everyday spending money that also earns | Simple no-fee banking, modest balances | Emergency fund, larger balances | Larger balances wanting some check access |
APY data reflects Massachusetts averages tracked in our database as of October 13, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Massachusetts Checking Account Interest Calculator
See what an interest-bearing checking account earns on your everyday balance. Most high-yield accounts only pay the advertised APY up to a balance cap. Enter the cap to see the real number, or leave it at 0 for uncapped accounts. Click any current Massachusetts rate on the right to apply it. Interest compounds monthly.
Assumes monthly compounding, qualifying requirements met every cycle, and that balances above the cap earn 0%. Checking rates are variable and can change at any time. Estimates are for informational purposes only.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Massachusetts checking rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Massachusetts directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing this data from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Massachusetts. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in MA.
Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.
Frequently Asked Questions
Do checking accounts in Massachusetts earn interest?
Are banks in Massachusetts FDIC insured?
What fees should I watch out for?
What is a Rewards Checking account?
What do I need to do to qualify for a high-yield checking rate in Massachusetts?
Is there a limit on how much of my balance earns the top rate?
How do I open a checking account in Massachusetts?
Best Checking Rates in Massachusetts
- Baxter Credit Union
PowerPlusTM Checking - Level 2: 8.00% APY - St Marys Credit Union
Kasasa Cash Checking: 5.25% APY - Newburyport Bank
Rewards Checking: 5.00% APY - Pentucket Bank
Rewards Checking: 5.00% APY - Clinton Savings Bank
Total Access Checking Account: 5.00% APY
Massachusetts Rates & Resources
Checking Account Rates by City in Massachusetts
