Compare Bank & Credit Union Rates
Best savings rates in Massachusetts
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 31–45 results in Massachusetts
- MIT Federal Credit UnionHigh Yield Money MarketHigh Yield Money Market · $500 min · 0.05%–3.25% by balance
Credit union · 4 branches
3.25%APY$325 a year on $10,000intro rateRequirements
Product: No monthly maintenance fees. Rates are variable and may change anytime after account opening. Interest is compounded daily and paid monthly.
Offer: New money only (funds not currently on deposit at MIT Federal Credit Union). Minimum daily balance of $500.00 to earn stated rate.
Promotional rate · 0.05% interest rate · Compounded daily · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for High Yield Money Market Balance APY $500 and up 0.05% $10,000 and upYour amount 3.25% Rate checked
More details - 3.25%APY$325 a year on $10,000with conditions
Requirements
Product: Must be linked to Kasasa Cash Checking or Kasasa Cash Back Checking account. No minimum deposit required to open. Qualifications require at least 1 direct deposit or ACH payment transaction, at least 12 debit card purchases post and settle, and enrollment in e-Statements during each Monthly Qualification Cycle.
Offer: When Kasasa Cash or Kasasa Cash Back qualifications are met; balances below $100,000.01
Qualified rate · 3.20% interest rate · No monthly fee · Effective Jul 1, 2026
Rate by balance
Rate by balance for Kasasa Saver Balance APY Up to $100,000Your amount 3.25% Over $100,000 0.40% Rate checked
More details - 3.20%APY$320 a year on $10,000with conditions
Requirements
Product: Requires having a Beacon Bank checking account with an ownership relationship. Variable premium interest rate. Fees may reduce earnings.
Offer: Variable premium interest rate subject to change without notice. Requires an ownership relationship on a Beacon Bank checking account.
Qualified rate · Effective Sep 18, 2026
Rate checked
More details - 3.20%APY$320 a year on $10,000with conditions
Requirements
Product: Account owner or co-owner must have a consumer checking or NOW account with Florence Bank.
Offer: Base Rate paid when checking balance qualification is not met.
Qualified rate · 0.05% interest rate · Effective May 13, 2026
Rate by balance
Rate by balance for High-Yield Savings Balance APY Over $0 0.05% $10 and upYour amountQualifying rate paid if the owner's and co-owner's cumulative checking account balances are at least $5,000 each day during the statement cycle. 3.20% Rate checked
More details - 3.04%APY$304 a year on $10,000
Requirements
Product: Online exclusive account with a $500 minimum opening deposit.
Offer: For accounts enrolled in eDelivery of statements.
3.00% interest rate · Effective Oct 5, 2026
Rate checked
More details - IC Credit UnionHigh-Yield SavingsSavings · $10,000 min · 0.05%–3.04% by balance
Credit union · 6 branches
3.04%APY$304 a year on $10,000Requirements
Product: Available to consumers only. New money is welcome but not required. No monthly maintenance fees. Dividends labeled as Interest on Statement and Online Banking. Fees may reduce earnings. Variable share account rate subject to change.
Offer: $10,000 minimum balance required to open and earn advertised APY. Available to consumers only. New money is welcome but not required.
0.05% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for High-Yield Savings Balance APY Up to $10,000 0.05% $10,000 – $1,000,000Your amount 3.04% Over $1,000,000 3.04% Rate checked
More details - First Tech Federal Credit UnionFirst Tech Rewards SavingsSavings · $25 min
Credit union · 19 branches
3.00%APY$300 a year on $10,000with conditionsRequirements
Product: Primary account owner must also be primary account owner of a First Tech Rewards Checking account and Membership Share Savings account.
Offer: Qualified rate: Requires meeting monthly First Tech Rewards Checking qualification requirements (aggregate spend of at least $1,000/month on debit/credit card, ACH or direct deposits totaling at least $1,000/cycle, and enrollment in electronic statements/disclosures).
Qualified rate · 2.96% interest rate · Effective Oct 1, 2026
Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Must be paired/opened with an Advantage High Interest or Advantage Cash Back checking account. Workers Federal Credit Union membership required ($5 minimum balance). No recurring monthly maintenance charges or fees to open or close account. Limit of one Advantage checking account per social security number.
Offer: Qualifying rate earned when linked Advantage Checking qualifications are met during Monthly Qualification Cycle (at least 1 Direct Deposit/ACH credit or debit, at least 15 debit card purchases, and eStatements enrollment). Applies to daily balances up to $100,000.
Qualified rate · 2.96% interest rate · Balance cap $100,000 · No monthly fee · Effective Oct 15, 2026
Rate checked
More details - Reading Cooperative BankCash Booster Money MarketCash Booster Money Market · $100 min · 0.00%–3.00% by balance
Bank · 13 branches
3.00%APY$300 a year on $10,000Requirements
Product: Monthly maintenance fee of $12.00 if balance falls below $2,500.00 any day of the cycle. $10.00 minimum balance to open stated in overview ($100.00 in rate schedule).
Offer: Minimum balance to earn APY: Bal.<$10.00. Monthly maintenance fee of $12.00 if balance falls below $2,500.00 any day of the cycle.
0.00% interest rate · $12 monthly fee · Effective Oct 9, 2026
Rate by balance
Rate by balance for Cash Booster Money Market Balance APY Up to $10 0.00% Up to $2,500 0.05% $2,500 – $10,000 3.00% $10,000 – $25,000Your amount 3.00% $25,000 – $50,000 3.00% $50,000 – $100,000 3.00% $100,000 and upMinimum balance to earn APY: Bal. $100,000 and More. 3.00% Rate checked
More details - 3.00%APY$300 a year on $10,000
Requirements
Product: A savings account requires a $5.00 minimum balance to open and must remain on deposit to maintain membership status. Rates are variable and may change anytime after account opening. No monthly maintenance fees.
Offer: Minimum daily balance required to earn APY is $500.00.
2.96% interest rate · No monthly fee · Effective Oct 15, 2026
Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Requires an eLife Checking or Student Life Checking account to open and maintain. Only 1 eLife Savings account is allowed per tax reporting owner.
Offer: Must maintain a minimum balance of $0.01 in the account each day to obtain APY. Interest compounded and credited monthly. Requires an eLife Checking or Student Life Checking account.
Qualified rate · 2.96% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - Needham BankPremium Money MarketPremium Money Market · $250 min · 3.00%–3.50% by balance
Bank · 15 branches
3.00%APY$300 a year on $10,000with conditionsRequirements
Product: Personal accounts only. Pair with Premium Checking for tier rates; accounts without Premium Checking earn 0.05% APY regardless of balance. No monthly maintenance fees. $250 minimum opening deposit.
Offer: Requires linked Premium Checking Account.
Qualified rate · No monthly fee · Effective Jul 1, 2026
Rate by balance
Rate by balance for Premium Money Market Balance APY Up to $25,000Your amount 3.00% $25,000 – $50,000 3.25% $50,000 and up 3.50% Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Can be opened in conjunction with a Certificate of Deposit (CD) or a TSB 365 Checking account. Deposits and withdrawals can be made at any time. No interest is accrued on any day that the balance is less than $10.00. Service fees may reduce earnings.
Offer: Available only in conjunction with a TSB 365 Checking account or any CD.
Qualified rate · 2.96% interest rate · Effective Sep 30, 2026
Rate checked
More details - Worcester Police Department Federal Credit UnionPremium Yield AccountPremium Yield Account · $2,500 min
Credit union · 1 branch
3.00%APY$300 a year on $10,000Requirements
Product: Two free withdrawals or transfers per month; $10 fee for each additional withdrawal or transfer. Requires a $2,500 balance to earn dividends.
Offer: Requires a $2,500 balance to earn dividends. Dividends do not accrue on days when ending balance is below $2,500. Two free withdrawals per month, $10 per additional withdrawal/transfer out.
Rate checked
More details - Worcester Police Department Federal Credit UnionPremium Yield AccountSavings · $2,500 min
Credit union · 1 branch
3.00%APY$300 a year on $10,000Requirements
Product: Requires a $2,500 balance to earn dividends. Dividends do not accrue on days when the ending balance is below $2,500. Two free withdrawals/transfers per calendar month ($10 charge for each additional).
Offer: Requires a $2,500 balance to earn dividends. Two free withdrawals per month ($10 fee per additional withdrawal/transfer).
Effective Apr 17, 2025
Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What savings accounts pay in Massachusetts
619 accounts at 196 banks and credit unions · checked Oct 15–22
- Typical
- 0.10%
- Top 10% from
- 2.48%
- Banks, typical
- 0.10%
- Credit unions, typical
- 0.10%
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Massachusetts
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Hanscom Federal Credit UnionCredit union · 14 branches
- USALLIANCE FinancialCredit union · 1 branch
- The Village BankBank · 10 branches