Rewards Checking

Earn 3.50%* Annual Percentage Yield (APY) when you open and use your Rewards Checking account.

A statement cycle ends the last business day of the calendar month.

*3.50% Annual Percentage Yield (APY) as of 2/1/23 is paid on balances up to, and including, $24,999.99 provided all other account requirements are met for the current statement cycle. For balances $25,000.00 and above, the interest rate and APY of 0.01% will be paid on the portion of your daily balance that is $25,000.00 or greater. If requirements are not met, the interest rate of 0.01% with an Annual Percentage Yield (APY) of 0.01% will be paid on balances. The APY will range downward from 3.50% depending on the balance in the account. For example, the APY, for a balance of $50,000.00 would be 1.760%. Rates may change at any time without prior notice.

**Requirements for each statement cycle are: at least 10 debit card purchases posted per statement cycle, sign up and use Online Banking and Bill Pay at least once per statement cycle, receive at least one direct deposit per statement cycle, and receive a monthly eStatement. If requirements are met, South Shore Bank will refund up to $10 per statement cycle for another bank's ATM surcharges & will not charge a foreign ATM fee for using another bank's ATM. Account requirements will be waived for the first statement cycle. Offer may be withdrawn at any time. One account per tax reporting owner. A statement cycle ends the last business day of a calendar month.

***$10 minimum deposit to open.

3.00% Annual Percentage Yield (APY) as of 2/1/23 is paid on balances provided all account requirements of your corresponding Rewards Checking Account are met for the prior month.

Account TypeMinimum Daily Balance to earn APY1Annual Percentage Yield (APY) 1
Rewards Checking2 (Requirements are met)$0 - $24,999.993.500%
$25,000.00+0.010%
Rewards Checking2 (Requirements NOT met)$0 0.010%
1Annual Percentage Yield (APY) and rate subject to change without notice. Rate may change after the account is opened. Fees could reduce earnings on account. Please contact our Client Information Center for information about fees and terms for these accounts. 

23.500% Annual Percentage Yield (APY) as of 2/1/23 is paid on balances up to, and including, $24,999.99 provided all other account requirements are met for the current statement cycle. For balances $25,000.00 and above, the interest rate and APY of 0.010% will be paid on the portion of your daily balance that is $25,000.00 or greater. If requirements are not met, the interest rate of 0.010% with an Annual Percentage Yield (APY) of 0.01% will be paid on balances. The APY will range downward from 3.500% depending on the balance in the account. For example, the APY, for a balance of $50,000.00 would be 1.760%. Normal activity charges will apply. Fees could reduce earnings. Rates may change at any time without prior notice. Rates may change after account opening. Requirements for each statement cycle are: at least 10 debit card purchases posted per statement cycle, sign up and use Online Banking and Bill Pay at least once per statement cycle, receive at least one direct deposit per statement cycle, and receive a monthly eStatement. If requirements are met, South Shore Bank will refund up to $10 per statement cycle for another bank's ATM surcharges & will not charge a foreign ATM fee for using another bank's ATM. Account requirements will be waived for the first statement cycle. Offer may be withdrawn at any time. One account per tax reporting owner. A statement cycle ends the last business day of a calendar month.

Mobile Banking

Enjoy the free and convenient perks of online and mobile banking with bill pay.

Mobile Banking is a service for anyone currently enrolled for our Online Banking service.