Checking Account Comparison Chart

Use this chart to help you determine which personal checking account is right for you. Already know which account is right for you? Open a checking account online.

Account

Description

Features

Benefits

Add-on

 On Account Opening

Cash Back Rewards
  • Designed for those who want to be rewarded for using their debit card
  • To earn Cash Back Rewards, perform the following during the qualification cycle^
  • Make 12 or more posted and cleared debit card purchases per qualification cycle
  • Have 1 posted and cleared direct deposit or ACH auto debit per qualification cycle
  • Receive online statements
  • FREE ATM transactions in the U.S. and no fees when other banks surcharge**
  • FREE debit/point of sale transactions
  • FREE online banking and bill pay
  • FREE Debit MasterCard®
  • FREE Mobile Banking
  • FREE Mobile Deposit
  • Couple this account with a statement savings account and receive one combined statement for easy record keeping
  • $50.00 to open account

 

Interest Rewards
  • Designed for those who want to earn Interest Rewards on their checking
  • To earn Interest Rewards, perform the following during the qualification cycle*
  • Make 12 or more posted and cleared debit card purchases per qualification cycle
  • Have 1 posted and cleared direct deposit or ACH auto debit per qualification cycle
  • Receive online statements
  • FREE ATM transactions in the U.S. and no fees when other banks surcharge**
  • FREE debit/point of sale transactions
  • FREE online banking and bill pay
  • FREE Debit MasterCard®
  • FREE Mobile Banking
  • FREE Mobile Deposit
  • Couple this account with a statement savings account and receive one combined statement for easy record keeping
  • $50.00 to open account
  • $10.00 minimum daily balance to earn interest
FREE Checking
  • Designed for those who want a free checking account with all the extras
  • FREE of monthly service charges
  • No monthly minimum balance
  • FREE ATM transactions in the U.S.
  • FREE debit/point of sale transactions
  • FREE online banking and bill pay
  • FREE Debit MasterCard®
  • FREE Mobile Banking
  • FREE Mobile Deposit
  • Couple this account with a statement savings account and receive one combined statement for easy record keeping
  • Open for as little as $1.00

 

CheckPlus Checking
  • Designed for those age 50 or over who wish to earn interest on their account
  • No minimum balance or monthly charges if age 50 or over
  • Customers under the age of 50 will avoid the $15 per month maintenance fee if they maintain a minimum daily balance of $10,000 in total deposits at Dedham Savings
  • Competitive interest bearing checking account
  • FREE CheckPlus checks
  • FREE ATM transactions in the U.S.
  • FREE debit/point of sale transactions
  • FREE online banking and bill pay
  • FREE Debit MasterCard®
  • FREE Mobile Banking
  • FREE Mobile Deposit
  • No fee bank checks and money orders
  • Group travel opportunities and more
  • Couple this with a Certificate of Deposit (CD) or a visit to The Investment Center
  • Interest paid on balances of $3,000.00 or more
  • $10 minimum daily balance to earn interest



*Interest Rewards Rate paid on qualified accounts up to $10,000.  Fees may reduce earnings. One Rewards Checking account per customer, Interest Rewards or Cash Back Rewards. For more information, see current rate sheet and fee schedule. "Qualification cycle" means a period beginning two days prior to the last statement cycle through three days prior to the current statement cycle. Eligibility requirements must be completed (posted and cleared) during each qualification cycle.

**We will refund up to a maximum of $25 per monthly qualification cycle as long as all qualification cycle requirements are met.

^Cash Back Rewards paid on qualified accounts up to a maximum of $8.00 per month. One Rewards Checking account per customer, Interest Rewards or Cash Back Rewards. "Qualification cycle" means a period beginning the day following the last statement end date through the third Friday of that month. Eligibility requirements must be completed (posted and cleared) during each qualification cycle.