Start your nest egg with a Santander Bank savings account.

Types of Savings Accounts

Putting aside funds for the future is easy at Santander Bank. We offer several different types of savings accounts with distinct benefits and features to help you reach your short-term and long-term savings goals.

 
 
 
 

Compare Savings Accounts

What are the different types of savings accounts and what sets them apart? We’ve put together the key benefits and features of our savings accounts to help you easily compare savings accounts, money market accounts, and savings account rates.

 

Compare Savings Account Features

Use the table to compare savings accounts side by side and find the one that’s right for you.

Click here for a printable version of this chart.

  Student Youth
Savings
Santander® Savings Santander® Money Market Savings Santander® Premier Plus
Money Market Savings
For you if you want? No Monthly Fee No Monthly Fee with a Santander checking account1 No Monthly Fee with a Santander checking account1 No Monthly Fee with a Santander Premier Plus Checking account3
Key Benefits No Monthly Fee, Minimum opening deposit of $10* No Monthly Fee with a Santander checking account, Minimum opening balance of $25, Auto Save automatic recurring transfers available, Link to checking account to help avoid overdraft fees2 No Monthly Fee with a Santander checking account, Competitive high rate with at least $10,000 in the account, Auto Save automatic recurring transfers available, Link to checking account to help avoid overdraft fees2 No Monthly Fee, with a Santander Premiere Plus Checking account3 Great rate, Personal attention from a dedicated banker, Auto Save automatic recurring transfers available.
Monthly Fee $0 $1 $10 $0
How to Waive the
Monthly Fee
No Monthly Fee By opening a consumer Santander checking account1 or with $100 average daily balance in Santander® Savings account By opening a consumer Santander checking account1 or with $10,000 average daily balance in Santander® Money Market Savings account No Monthly Fee, with a Santander Premiere Plus Checking account.3
Minimum Opening Deposit $10 $25 $25 $50
Cash Withdrawal Fee: Domestic Non-Santander ATM4 $2 $3 $3 $0
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Ready to Take the Next Step?

Open a Open a Santander® Savings Account Now Now.

 

Open a Youth Savings or Money Market Savings Account.

Benefits of Banking with Us
Convenience
Convenience
  • Over 675 branches and more than 2,000 Santander ATMs across the Northeast, including many CVS®/pharmacy locations.
  • Monitor your balances or activity with customizable email or text alerts.
  • Online and Mobile Banking.
  • Mobile Check Deposit.
  • A Debit MasterCard® for your everyday on–the–run purchases§.
  • Easy, quick access to directly deposited funds.
Security
Security
  • FDIC Insurance coverage up to applicable limits.
  • Online Banking Guarantee§§.
  • Real-Time Fraud Monitoring.
  • Identity Theft Assistance Services.
Service
Service
  • Toll-free number to speak to a Personal Banking Representative.
  • Switch Services team to help if you're moving from another bank.
 
 
 
 

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

1 All other fees apply.

2 You can withdraw funds from your Savings account no more than 6 times by computer, telephone, preauthorized transfer, check, or Debit Card purchase each service fee period. Fees apply if you exceed these limits, and if you repeatedly exceed these limits, we will close your account or convert your account to a checking account.

3 A Santander Premier Plus Checking account is required maintain a Santander Premier Plus Money Market Account. If you no longer own a Santander Premier Plus Checking account, we will convert your Santander Premier Plus Money Market account to a more appropriate product.

† Per service fee period

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

§ Available for checking account customers

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

Click here for more information about our Identity Theft Assistance Services

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