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Santander savings options

From college to retirement, we all have goals we're saving towards. Our interest-bearing savings accounts are fit for your short- and long-term goals. Let us help you get started.

Santander Select® Money Market Savings

Competitive rates starting at 0.10% Annual Percentage Yield (APY)*

Enjoy better rates and benefits with your Santander Select relationship. Exclusively available to Santander Select® Checking account holders

Santander® Money Market Savings

Grow your money faster, whether you’re saving for a rainy day or a nice vacation, with higher rates on higher balances.

Santander® Savings

Discover an easy way to start growing your savings and the perfect partner to your Santander checking account.

Certificates of Deposit

If you don’t plan on tapping into your savings, then start earning interest on a fixed term with a guaranteed rate.

Santander® Youth Savings

Give your child (under 18) a head start by helping them establish good saving habits early and teach them how to build a strong financial foundation.

Looking for an elevated banking experience with unique privileges and exclusive rates and benefits? Explore Santander® Private Client

savings accounts

Individual Retirement Accounts

Save for retirement with a tax advantage.Speak
to a banker about our IRA Money Market Savings
accounts and IRA Certificates of Deposit.

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Compare Santander Savings Accounts

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Monthly Fee
How to waive the Monthly Fee
Must own a Santander Select® Checking account in order to open.
Waived with any personal Santander® checking account or with a $10,000 average daily balance in the Santander® Money Market Savings account.
Waived with any personal Santander® checking account or with a $100 average daily balance in the Santander® Savings account.
Interest earning?
Yes – Competitive rates  
Yes – Competitive rates 
Minimum opening deposit
ATM withdrawal fee§ (domestic non-Santander ATM)
Free Paperless Statements?
Paper Statement Fee
Mobile Banking and Online Banking?
Open account comparison
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Helping you save every step of the way

Our handy tools and services can help you understand when and how to reach your goals faster.

 Tools & Services

Auto Save to make recurring transfers from checking to savings

Direct Deposit to split your deposit between checking and savings

Set up alerts to manage your progress and stay on track

Mobile check deposit to easily make check deposits at your convenience

Interest calculator: How much will my savings be worth?

Savings goal calculator: How can I reach my goals with monthly deposits?

Bank anywhere, anytime

Manage your account whenever and wherever you want with our Mobile Banking App.

Download our
Mobile Banking App

Unlock on-the-go features with our highly-rated Mobile Banking App.

Enroll in Santander
Online Banking

Manage your money securely by enrolling in Online Banking.

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4.7 out of 5 Rating. Based on 298k ratings on the app store as of 9/13/2022

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Book an appointment at a branch near you

Talk to one of our experienced Bankers about opening a new account or get help with your existing accounts.

FAQs: Savings

All savings accounts can be opened in a Santander Bank branch and the Santander® Savings account can be opened online. Santander® Money Market Savings, Santander Select® Money Market Savings, and Santander® Private Client Money Market Savings accounts can only be opened online in conjunction with an online checking account opening. Certificates of Deposit and Individual Retirement Accounts can only be opened in branch. To open an account, you will need:

  • Your Social Security number
  • A government-issued ID
  • Funds for an opening deposit
  • A valid email address

Support resources: Savings options

We’ll guide you on your financial journey.

How much could my savings be worth?

See how your deposits can contribute to greater savings over time.

Read more

Emergency savings

Are you prepared for an emergency? Discover the importance of emergency savings to your financial future.

Read more

Money market vs. savings

Learn about the differences between a money market savings account and a savings account to see which one is right for you.

Read more

Find Us
Branches across the Northeast and in Miami, Florida, plus 2,000+ ATMs.

Are you a Santander Client

Log in to Online Banking for a more seamless experience.

*Rates are available for new money market customers only. This is a variable-rate account and the rate applicable to your balance tier may change at any time 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 Select® Money Market Savings account. Personal accounts only. Must have or open a Santander Select® Checking account. All other fees apply. For more information about applicable fees and terms, refer to the Personal Deposit Account Fee Schedule or visit your local branch.

Check with the IRS or a tax professional. Santander does not offer tax advice.

‡Per service fee period.

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

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