Savings Accounts | Types of Savings Accounts | Santander Bank - Santander

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Get ahead with savings.

Choose the account that works for you.

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You’ll like

Santander® Youth
Savings account

if you’re looking for a

first bank account
for kids.1

Favorite features

  • No Monthly Fee
  • $10 opening deposit
  • Available to individuals under 18
  • Highly rated Mobile Banking App
  • Santander PROTECHTION
  • Interest bearing

You’ll like

Santander® Savings
account

if you’re looking for

a perfect checking
partnership.

The current interest rate and APY (Annual Percentage Yield) on the Santander Savings account is 0.03%.¤

Favorite features

  • $1 Monthly Fee waived with any personal Santander® checking account or with $100 average daily balance in savings account
  • Great checking companion
  • Auto Save savings option
  • Easy transfers¤¤
  • Highly rated Mobile Banking App
  • Santander PROTECHTION

You’ll like

Santander® Money
Market Savings account

if you’re looking for a

great way to grow your savings.

  
%
◊◊
Interest Rate
%
◊◊
Annual Percentage Yield
For new money market savings customers with $10,000 minimum balance and a Santander® personal checking account.

You’ll like

Santander Select®
Money Market Savings

if you’re looking for a

a competitive rate with priority service.

  
%
◊◊
Interest Rate
%
◊◊
Annual Percentage Yield
For new money market savings customers with $10,000 minimum balance and a Santander Select® checking account.

Easy, everyday banking.

Respect is helping you bank wherever you are, wherever you go.


Walk out working.

You’ll be ready to bank when you leave the branch:

  • View your account(s) in Mobile and Online Banking.
  • Deposit checks using our Mobile Banking App.
  • Set up account alerts so you can be in the know about your accounts from the start.

Anytime, anywhere banking.

Day or night, and on the go:

  • With over 575 branches.
  • More than 2,000 Santander ATMs across the Northeast, including over 1,000 in CVS Pharmacy® locations.
  • Santander Debit Mastercard® for everyday purchases.

Highly rated Mobile Banking App.

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251K ratings as of 6/2/2021.

Bank your way. Check your balance, deposit checks, pay bills, shop with Apple Pay®, or transfer money, virtually anywhere, any time.

Santander PROTECHTION.

Digital banking with Santander PROTECHTION gives you the confidence and control to bank online with peace of mind.

  • Manage accounts. Know you’re safe with us, using digital controls for cards, alerts, and more.
  • Manage cards. Activate debit and credit cards, put a misplaced card on hold, report them lost or stolen, and request replacements.
  • Set up alerts. Select and customize the alerts you want to receive, refine alert settings, and choose whether to receive them via text, email, or both.

Compare deposit and interest rates:


Santander® Money Market Savings
Interest Rate 
Annual Percentage Yield (APY)
Santander Select® Money Market Savings
Interest Rate 
Annual Percentage Yield (APY)

Respect is helping you do the math:

Customers also like:

Benefits of banking with us:

  • Over 600 branches and more than 2,000 Santander ATMs across the Northeast, including in many CVS Pharmacy® locations.
  • Use your Debit Mastercard® for everyday, on–the–go purchases.§
  • Bank day or night with our highly rated Mobile Banking App.
  • Enjoy convenient features like Mobile Check Deposit, Quick Balance, and Apple Pay.
  • Bank online with the confidence of Santander PROTECHTION, using digital controls for cards, alerts, and more.
  • Put misplaced cards on hold, until you find them, with Santander® Instant Card Hold.
  • Rest easier with our Digital Banking Guarantee.§
  • Rely on FDIC Insurance coverage up to applicable limits.
  • Over 600 branches, many of which offer Santander Select® Services, and more than 2,000 Santander ATMs across the Northeast, including in many CVS Pharmacy® locations.
  • Use your Debit Mastercard® for everyday, on–the–go purchases.
  • Bank day or night with our highly rated Mobile Banking App.
  • Enjoy convenient features like Mobile Check Deposit, Quick Balance, and Apple Pay.
  • Bank online with the confidence of Santander PROTECHTION, using digital controls for cards, alerts, and more.
  • Put misplaced cards on hold, until you find them, with Santander® Instant Card Hold.
  • Rest easier with our Digital Banking Guarantee.1b
  • Rely on FDIC Insurance coverage up to applicable limits.

§Please refer to your Digital Banking Agreement and Personal Deposit Account Agreement for details on your responsibility for promptly reporting unauthorized transactions.

1Account requires a parent or legal guardian as a joint owner.

3Domestic ATMs are ATMs in the 50 United States, the District of Columbia, and Puerto Rico. ATM owner may charge a separate fee.

Santander® Instant Card Hold will block most types of transactions, including purchases made with your card. Please note that some types of transactions will continue to process, including recurring debit/credit transactions presented to us by certain merchants for monthly membership or subscription fees.

Apple, the Apple logo, Apple Pay and Touch are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

1Per service fee period.

3Domestic ATMs are ATMs in the 50 United States, the District of Columbia, and Puerto Rico. ATM owner may charge a separate fee.

¤0.03% Annual Percentage Yield (APY) is available when you open a Santander® Savings account. This is a variable-rate account and the rate may change at any time. Rates shown are in effect as of today. Fees may reduce earnings. A minimum deposit of $25 is required to open a Santander® Savings account. Personal accounts only. The Monthly Fee is waived when you have any personal Santander® checking account or an average daily balance of at least $100 (otherwise, $1). All other fees apply. Contact a banker for further information about applicable fees and terms.

¤¤You can withdraw or transfer funds from a savings or money market savings account a total of six (6) times per service fee period (such as by automatic or pre-authorized transfers using telephone, Online Banking, or Mobile Banking, Overdraft Protection, payments to third parties, checks, drafts, and debit card purchases). Fees apply if you exceed these limits and, if you repeatedly exceed these limits, we will convert your account to a non-interest bearing checking account.

§Please refer to your Digital Banking Agreement and Personal Deposit Account Agreement for details on your responsibility for promptly reporting unauthorized transactions.

Santander® Instant Card Hold will block most types of transactions, including purchases made with your card. Please note that some types of transactions will continue to process, including recurring debit/credit transactions presented to us by certain merchants for monthly membership or subscription fees.

Apple, the Apple logo, Apple Pay and Touch are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

◊◊Rates are available for new money market customers only. The introductory interest rate will apply during the first 6 months after the account is opened for accounts with balances of at least $10,000. This is a variable-rate account and the rate applicable to your balance tier may change at any time, except during the introductory period. Rates shown are in effect as of today and may change at any time. Rates may change after the introductory period without notice. Rate is available when account is opened within the residential ZIP code entered. Rates in other locations may vary. Fees may reduce earnings. A minimum deposit of $25 is required to open a Santander Money Market Savings account. Personal accounts only. Must have or open any Santander personal checking account. The Monthly Fee is waived when you have a Santander checking account or an average daily balance of at least $10,000 (otherwise, $10). All other fees apply. Contact a banker for further information about applicable fees and terms.

1All other fees apply.

§Please refer to your Digital Banking Agreement and Personal Deposit Account Agreement for details on your responsibility for promptly reporting unauthorized transactions.

Santander® Instant Card Hold will block most types of transactions, including purchases made with your card. Please note that some types of transactions will continue to process, including recurring debit/credit transactions presented to us by certain merchants for monthly membership or subscription fees.

Apple, the Apple logo, Apple Pay and Touch are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

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