Free Kasasa Cash®

Open a Kasasa Cash® account now!

Choose free checking that pays high interest and refunds on ATM withdrawal fees when your account qualifies.¹

We basically pay you, to bank here. By doing banking basics that you probably already do, your Free Kasasa Cash® checking account can earn up to 2.01% APY¹. You’ll also get refunds on your ATM withdrawal fees, nationwide, each Monthly Qualification Cycle¹ that you qualify – so every ATM can be your ATM.²

The benefits of this account are:

2.01% APY on balances up to $20,000 each cycle that you qualify¹
2.01% to 0.54% APY on balances over $20,000 depending on balance in account each cycle that you qualify¹
0.05% APY if qualifications aren’t met
Unlimited refunds on ATM withdrawal fees, nationwide each cycle that you qualify²
Can link to free Kasasa Saver^® to build savings automatically
No monthly service charge
Unlimited check writing
Free Online Banking³
Free Bill Pay³
Free Mobile Banking³
Free Remote Deposit³
Free Telephone Banking³

Looking for more benefits? Check out Kasasa Saver!

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And earning your rewards is easy!

Have at least 12 PIN-based debit card purchases post & settle
Be enrolled in & agree to receive e-statements
Be enrolled in & log into online banking

But if you don’t meet these qualifications, don’t worry.

Your account is still free. Plus, you’ll still earn our base interest rate. And you can get back to earning your full rewards the very next cycle that you qualify.

¹Earn 2.01% Annual Percentage Yield (APY) on balances up to $20,000.00 in each Monthly Qualification Cycle that your account qualifies. The portion of your balance above that cap will earn at a 0.25% interest rate resulting in a range from 2.01% to 0.54% APY, depending on the account’s balance, each cycle that your account qualifies. Earn 0.05% APY in cycles that your account does not qualify. “Monthly Qualification 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 6^th of the current month through the 5^th 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. Rates are current as of Tuesday, July 16, 2019. Rates and rewards are subject to change and may change after account is opened. Fees may reduce earnings.

²Unlimited Nationwide ATM fee refunds offered in qualifying cycles (receipt required for ATM fees over $4.99 and for fee transactions incurred at Smart ATMs capable of distributing currency in less than $5.00 denominations). ATM fees will not be refunded in Monthly Qualification Cycles that you do not meet the qualification requirements.

³Standard internet/telephone 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).