When choosing a savings account, it’s important to pick one that offers the highest savings rate possible in addition to low fees and additional perks.
Boston Banking Rates is a comprehensive and totally free resource for people searching for the best rates in Boston, Massachusetts. You don’t have to devote hours to the time and research necessary for locating the highest rates–we do it for you. 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
0.90%
As of May 14, 2012
|
 |
CIT Bank
|
Savings Account |
|
0.84%
As of May 15, 2012
|
|
Ally Bank
|
Savings Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.00%
As of May 9, 2012
|
View Rate Details | Workers' Credit Union - Fitchburg, Massachusetts | Savings Account |
|
0.40%
As of May 9, 2012
|
View Rate Details | Boston Globe Employees Credit Union | Savings Account |
|
0.40%
As of May 1, 2012
|
View Rate Details | Members Plus Credit Union | Savings Account |
|
0.30%
As of May 4, 2012
|
View Rate Details | Mercantile Bank and Trust Company | Savings Account |
|
0.30%
As of April 30, 2012
|
View Rate Details | Pentucket Bank | Savings Account |
|
0.25%
As of May 15, 2012
|
View Rate Details | Charter Oak Credit Union | Savings Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| The Citizens National Bank - Savings Account | 0.10% to 0.07% | May 11, 2012 | |
| Cape Cod Five Cents Savings Bank - Savings Account | 0.25% to 0.20% | May 10, 2012 | |
| City Of Boston Credit Union - Savings Account | 0.25% to 0.20% | May 3, 2012 | |
| St. Michaels Fall River Credit Union - Savings Account | 0.15% to 0.25% | Apr 26, 2012 | |
Although you can physically survive without it, a checking account is an essential tool for your financial survival. Checking accounts are transactional, meaning that by you tapping into it you are authorizing your bank to pay off your debts using the current money on deposit in your active account. Plus, by making the efforts to properly manage your checking account you are taking the first steps to building a positive credit history for your self. With a little time and effort you can actually score a free checking account which can save you over $100 bucks annually.
There are so many exciting things to do in Boston that you’ll want to experience them all. That’s going to require a lot of cash, and being budget-conscious. One way to save is by finding a free checking account. Boston Banking Rates could do that for you, as well as find you information on an online checking account or the best savings account interest rates available.
If you’re committed to saving money, start with the basics. For instance, think about where you store your money. Lots of people do not think to check the interest rates on their checking accounts, both when they open it and periodically–remember, banks can change their rates so you should be sure to monitor your account.
When you choose a Boston savings account, you want to find a bank that will best meet your savings needs. Look for a bank that offers the highest interest rates at your minimum balance with the lowest fees. Many Boston banks require you to keep a certain balance to earn the quoted APY and to avoid fees. Banks requiring a higher minimum balance typically offer larger interest rates.
At Boston Banking Rates, you can compare checking and savings account rates in Boston. Our data is always current and up-to-date to ensure that you get the best rates possible.
As you make this decision to choose a Boston bank, we can also help you:
Are you looking to turn your financial life around? You’re not alone. After the economic fall out of 2008, many people are foregoing the urge to spend in favor of stashing money away. So, where should you start?
One of the best ways to grow your savings, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. Can’t spare a lot? That’s okay. Start small and adjust upward.
