Banking / Savings

Best Savings Accounts in Massachusetts of May 2026

From Our Partners Victoria Daniel

An award-winning account with great rates

Barclays bank logo
4.8

4.35%

Est. APY

$0

Min. To Earn APY

Access to checking writing

ufb direct logo
4.8

3.83%

Est. APY

$0

Min. To Earn APY

Bank online with no monthly fees

cit bank logo
4.8

3.85%

Est. APY

$0

Min. To Earn APY

Track savings on the mobile app

$0

Monthly Fee

1.10%

Est. APY

Everyday Savings

$0

Monthly Fee

0%

Est. APY

No minimum fees

$0

Monthly Fee

0%

Est. APY

No monthly and minimum fees

axos bank logo
4.8

0.61%

Est. APY

$0

Min. To Earn APY

Being the 15th largest state in the U.S, Massachusetts is home to many banks. These banks offer the residents a wide range of high-yield savings accounts to choose from. Selecting an account that is the best fit for your needs can be a process.

When it comes to building your savings to achieve financial goals, a high-yield savings account can increase your funds faster than standard accounts. Most of these accounts have annual percentage yields (APYs) of close to 1%, which is more than the national average of 0.05%.

WalletBrain did reviewed some of the best savings accounts in Massachusetts. We looked at the account APYs, account fees, minimum deposit, and balance requirements. We also looked at other features and digital tools.

Take a look at the options and choose an account that is best suited for your financial needs.