Cambridge, Massachusetts (MA) Savings Rates - March 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Cambridge, Massachusetts and the surrounding area include MASS INSTITUTE OF TECHMASS INSTITUTE OF TECH84 Massachusetts Ave, Cambridge, MA 02139 4300B+4.7 ★Texas Ratio: 18.63% Starter Savings at 5.00% APY, Leader BankLeader Bank675 Massachusetts Ave, Cambridge, MA 02139A+5.0 ★Texas Ratio: 0.18% Zeugma Plus Savings at 4.75% APY, Hanscom Federal Credit UnionHanscom Federal Credit Union330 Mount Auburn St, Cambridge, MA 02138A+5.0 ★Texas Ratio: 3.74% Your Way Savings at 2.25% APY, Naveo Credit UnionNaveo Credit Union251 Hampshire St, Cambridge, MA 02139A+5.0 ★Texas Ratio: 3.91% Business Savings at 0.20% APY, and NCB North Cambridge Coopertive BankNCB North Cambridge Coopertive Bank2360 Massachusetts Ave, Cambridge, MA 02140A+5.0 ★Texas Ratio: 0.00% Statement Savings at 0.05% APY. Savings rates as of March 27, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Cambridge, Massachusetts, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Cambridge, Massachusetts (MA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Cambridge, Massachusetts and the surrounding area. Last Updated and Verified: March 27, 2026
Compare the Best Savings Rates in Cambridge, Massachusetts & Surrounding Communities
Qualifying balance up to $2,000.00
Qualifying balances of $250,000 or less only
Qualifying balances over $250,000
Minimum to Open $1.00
Qualifying balance up to $1,000.00
Qualifying balance up to $9,999.99
Qualifying balance up to $25,000.00
LevelUp Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period.
Earn 10x the National Average2
Qualifications Required: Have at least 30 debit card purchases post and settle your account; Have at least 1 direct deposit or automatic payment (ACH) post and settle; Be enrolled in and agree to receive eStatements; Qualifying balance up to $25,000.00; Links to [EMPOWER Rewards Checking](https://www.leebank.com/personal/personal-checking/empower-rewards-checking.html)
Qualifying balance up to $10,000
Qualifying balance up to $25,000.00
Qualifying balance up to $10,000.00
SCU Direct account offers a higher dividend rate to members who save systematically with a preauthorized weekly or monthly transfer from a SCU Checking Account. Unlimited withdrawals only when made in person. Online transfer available. Premium tiered variable dividend rate and APY. $10.00 minimum preauthorized transfer amount to open from your SCU Checking Account. $10,000 maximum opening deposit. Subsequent deposits to this account may be made only by means of a preauthorized weekly or monthly transfer from your qualifying checking account. Changing your transfer amount or frequency to this account can be done at any of our branch locations or by calling the contact center at 781-784-7725 or toll free at 877-661-3300
bump up for PayBackSM or Quarter Back® customers
Balances $100,000 -$500,000
Qualifying balance up to $500.00
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Cambridge, MA Savings Rate Trends
Compare local Cambridge, MA savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Massachusetts high-yield savings rates fell 1.511 points this week to 1.589% APY, down from 3.100% last week.
Massachusetts standard savings rates rose 0.282 points this week to 0.361% APY, up from 0.079% last week.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Cambridge, Massachusetts directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Cambridge, Massachusetts. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in MA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Cambridge, Massachusetts
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Cambridge, Massachusetts safe?
How often do savings rates change in Cambridge, Massachusetts?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Cambridge, Massachusetts?
How do I open a savings account in Cambridge, Massachusetts?
Best Savings Rates in Cambridge, Massachusetts
- MASS INSTITUTE OF TECH
Starter Savings — 5.00% APY - Leader Bank
Zeugma Plus Savings — 4.75% APY - Hanscom Federal Credit Union
Your Way Savings — 2.25% APY - Naveo Credit Union
Business Savings — 0.20% APY - NCB North Cambridge Coopertive Bank
Statement Savings — 0.05% APY
