Grow your savings account at Santander Bank.

Santander® Savings Account

A savings account that you can access online is a perfect partner for your checking account. Checking helps you pay your monthly bills, while a Santander Savings Account helps you accumulate extra cash for things you want in the future. The sooner you start, the sooner you'll be building your balances for tomorrow's goals. So why not begin saving today?

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

Santander® Savings Features

low minimum deposits

Low Minimum

Start with a deposit of just $25.

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Great Companion

Pay no Monthly Fee when you maintain a consumer Santander checking account1.

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Savings on Autopilot

Use Auto Save to make automatic, recurring transfers from your checking account to your savings account.

get consolidated statements

Consolidated Statements

Combine your Santander Savings and Checking accounts into one monthly statement.

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Easy transfers

Move money to and from your checking account up to six times per service fee period¤¤.

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Avoid Overdraft Fees

Link your savings account to your checking account to cover shortfalls in your checking account and avoid overdraft fees¤¤.

Benefits of Banking with Us
Convenience
Convenience
  • Over 600 branches and more than 2,000 Santander ATMs across the Northeast, including 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®.
Security
Security
  • 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 Online Banking Guarantee.§
  • Rely on FDIC Insurance coverage up to applicable limits.
Service
Service
  • Call a toll-free number to speak to a Personal Banking Representative.
  • Use telephone banking at your convenience, 24 hours a day, 7 days a week.
  • Expect to be treated with respect during every customer service interaction.
  • Enjoy products and services that are simple, easy-to-understand, and easy to use.

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¤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. Santander Bank, N.A. is a Member FDIC. ©2018 Santander Bank, N.A. All rights reserved. Santander, Santander Bank and the Flame Logo are trademarks of Banco Santander, S.A. or its subsidiaries in the United States or other countries. All other trademarks are the property of their respective owners.

▲▲▲Santander® Ultimate Cash Back® Annual Percentage Rates (APRs) and Fees: 3% introductory Annual Percentage Rate (APR) for 12 billing cycles on Balance Transfers made within 90 days of opening your account. After the introductory period, a variable APR for Balance Transfers from 16.24% to 25.24% based on the Prime Rate and your creditworthiness. There is no grace period on Balance Transfers. Also if you take a Balance Transfer offer, this means that unless your purchase APR is at an introductory or promotional 0% APR, you will pay interest on new purchases from the date made if you do not pay all balances, including the promotional Balance Transfer, in full by the next payment due date appearing on your statement. Variable APR for Purchases from 16.24% to 25.24% based on the Prime Rate and your creditworthiness when you open your account. Cash advance APR of 26.74%. Minimum finance charge of $1.50. Penalty APR of 31.74%, and loss of any introductory or promotional rate, if any, which may apply indefinitely to your account if you miss or make a late payment or otherwise default. There are no Annual, Balance Transfer, Cash Advance, Foreign Transaction, or Returned Payment fees. Finance charges still apply. Each time we do not receive the Minimum Payment Due in full by the Payment Due Date, we will charge you a Late Fee of $25 for the first late fee in a 6-month period and a $35 fee for each late payment until there are 6 consecutive months with no late payments. However, we will never charge a Late Payment Fee exceeding the Minimum Payment Due that is late. Rates effective as of . Rates are subject to change. 1.5% Cash back is earned on new net retail purchases (qualifying purchases less credits, returns, and adjustments) and can be redeemed for statement credit, gift cards, electronic certificates, or merchandise. Cash back cannot be earned on balance transfers, cash advances, purchases of money orders and other cash equivalents, purchases made by or for a business purpose, fees, interest charges, unauthorized / fraudulent transactions, and certain other charges. Cash back balance does not expire for accounts in good standing. Earn $100 cash back via statement credit after you spend $500 on new net retail purchases within the first 90 days of opening your account, provided the account is in good standing. This credit can take up to 6 weeks to be processed. Other terms and conditions apply. Credit card accounts are subject to approval.

* Bonus Offer Details: Accounts must be in good standing. Applies to net new retail purchases only. Net new retail purchases: qualifying purchases less credits, returns, and adjustments. Balance Transfers, Cash Advances, including purchases of money orders or other cash equivalents, purchases made by or for a business purpose, fees, interest charges, unauthorized/fraudulent transactions, and certain other charges do not earn cash back credit. The cash back balance on your account does not expire for accounts in good standing. Cash Back in the form of statement credit upon your request. Receive the $100 cash back bonus via statement credit: When you spend $500 on net new retail purchases using the Santander® Ultimate Cash Back® credit card, or when you spend $1,000 on net new retail purchases using the Bravo credit card, within the first 90 days of opening your account. $100 cash back is credited to customer account within 6 weeks after spending requirements are met. Other terms and conditions apply.

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

¤¤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.

}} No annual fee for customers if you maintain a SantanderSM checking account or if you are qualified for a Santander Bank employee checking account at each anniversary date.

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.

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