Personal Checking

Preferred Checking

A checking account that offers added benefits and recognizes the balances you maintain.

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Preferred Checking

Premium Checking for Customers With Higher Balances

When you maintain higher balances, your checking account should offer more in return. Preferred Checking from BayCoast Bank is designed for customers who want added benefits, fewer fees, and a more elevated banking experience.

With interest‑earning potential and valuable account perks, Preferred Checking rewards the way you manage your money—while keeping everyday banking simple and convenient.

This premium checking account is available to personal banking customers in Massachusetts and Rhode Island.

Why Choose Preferred Checking?

Preferred Checking offers extra value for customers who keep higher balances.

  • Earn interest on qualifying balances
  • Avoid monthly maintenance fees with qualifying balances
  • Receive loan‑related fee discounts
  • Access everyday banking tools with added benefits

How Preferred Checking Works

Preferred Checking is designed to be easy to maintain. To avoid the monthly maintenance fee, simply keep the required minimum balance in your account.

There are no debit card activity requirements or monthly tracking needed. As long as your balance meets the threshold, you enjoy the benefits that come with Preferred Checking.

Preferred Checking

What You’ll Get With Preferred Checking

  • An interest‑earning checking account
  • Premium benefits tied to higher balances
  • Automatically qualify for a $500.00 overdraft line of credit.
  • Unlimited check writing
  • Access to preferred rates and select fee discounts
  • Personalized support from the local BayCoast team

Fees & Balance Basics

Here’s what to know up front:

  • Minimum to open the account: $10
  • Monthly maintenance fee: $15

The monthly fee is waived when you maintain an average daily balance of $5,000 in combined deposit balances & mortgage loan balances (including HELOC & home equity loans).  No surprises, no fine print to manage.

Preferred Checking

Here’s How Interest Works

Preferred Checking earns interest based on your account balance.  Interest is calculated daily and credited monthly. Rates and annual percentage yields may change at any time.

Check Our Rates

ATM & Everyday Banking

  • Use your BayCoast Bank ATM/Debit Mastercard® for purchases and ATM access
  • Manage your account with online and mobile banking, bill pay, and mobile deposit
  • Access your money securely and conveniently whenever you need it
  • No ATM service charges at BayCoast ATMs.  Standard ATM fees may apply for non-BayCoast ATMs.

A Few More Details

  • Available for personal accounts only
  • No limits on transactions
  • Includes a BayCoast Bank ATM/Debit Mastercard®
  • Free Blue Custom Creations checks, pricing varies on other styles
Preferred Checking

Let’s Get Started

If you’re looking for a checking account that offers added benefits and recognizes the balances you maintain, Preferred Checking may be the right fit.

Ready to open a Preferred Checking account with BayCoast Bank?

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