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With an interest reward checking account1, you’ll earn our highest rate of interest1 for any checking account. To qualify, just keep up with banking basics like direct deposit and debit purchases. And with free online and mobile banking and a free debit card, you’ll be getting all the great benefits of our other checking accounts—with even more rewards. Hey, you deserve it.

The Perks

Earn a Top Rate

Let’s put your money to work. Check out our current rates to see what you could be earning. 

Fully Insured Deposits

With this account, you can rest insured. Unlike most banks and credit unions, your funds are insured in full up to any amount.1

Use ATMs for Free

Use any Dedham Savings, Allpoint®, or SUM® ATM for free. And receive up to $25 in monthly rebates for any other ATMs you visit. 

Qualify Easily Each Month

Just make 12+ debit purchases, complete one direct deposit or auto debit, and receive online statements each month to qualify for interest rewards.

  1. Minimum deposit of $50 required to open account. Personal accounts only. One account per customer. To receive interest and reward, you must complete the following each qualification cycle: receive online statements, make 12+ posted and cleared debit card purchases, and have at least 1 posted and cleared direct deposit or ACH (Automated Clearing House) auto debit. A qualification cycle means a period beginning 2 days prior to the last statement cycle through 3 days prior to the current statement cycle. ATM rebates applied at end of monthly statement cycle; up to $25 for qualified accounts. If you do not meet the requirements per qualification cycle, your account will earn the lowest tier APY. Fees may reduce earnings. Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount.

Mobile App

Bank anywhere, anytime, and any way you want.

Manage Your Bills

Pay bills, view scheduled payments, and view transaction details and payments made in the last 30 days.

Deposit Checks

Now you can deposit checks in a snap. Literally. Just take a picture.

Control Your Cards

With Debit Card Controls, you control when, where, and how your debit card can be used.

Find a Branch or ATM

Find the nearest Dedham Savings branch, ATM, or surcharge-free retail ATM closest to you.

Send and Receive Money Instantly

With Zelle®, coming soon!

I’m ready to open an account!

We’re so glad you’ll be joining the family. We’re here for your journey, and we can’t wait to support you along the way.

I’m not sure yet.

That’s okay. Take a look at our other account options. If you’ve got questions, just remember — we’re here with answers.

Start Up Savings Account

Designed for first-time savers, this account helps you save faster. Way faster. At 5.00% APY*, you’ll reach those goals before you know it.

Credit Card

It’s great to have options, especially when it comes to credit cards. Whether you’re looking to build credit or earn rewards, we’ll help you find a card that does the trick.