Chase Bank vs Santander Bank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of Chase Bank vs. Santander Bank
As of September 5, 2025 Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, with a minimum balance of $0, compared to Santander Bank's 0.03% APY for its Santander Savings account, with a minimum balance of $0.
Santander Bank yields $2 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Santander Bank pays $3 - an APY advantage for Santander Bank.
Chase Bank
Strengths
- Chase Bank has a higher App Store rating of 4.8 compared to Santander's 4.8, but a better Google Play rating of 4.5.
Potential Drawbacks
- Chase Savings℠ offers a low APY of 0.01%, unchanged from 30 days ago.
Santander Bank
Strengths
- Santander Savings offers a higher APY of 0.03%, unchanged from 30 days ago.
Potential Drawbacks
- Santander Bank charges a maintenance fee of $1, while Chase Bank's fee is $5.
Summary: Chase Bank has a competitive App Store rating and a higher Google Play rating, but offers a lower APY of 0.01%. In contrast, Santander Bank provides a better APY of 0.03% but imposes a $1 maintenance fee. Both banks have an A- BBB rating, but Santander is not BBB accredited, which may influence customer trust.
Compare Chase Bank's vs Santander Bank's Savings Accounts
| Chase Bank | Santander Bank | ||
|---|---|---|---|
| Product | Chase Savings℠ | vs | Santander Savings |
| APY | 0.01% (as of 9/5/2025) | 0.03% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | No | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $0 | $25 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $5 | $1 | |
| Direct Deposit Required | No | No | |
| Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | ||
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.5/5 | 4.3/5 | |
| BBB Rating | A- | A- |
Comparative Historical APY Insights (Last 7 Months)
| Chase Bank | Santander Bank | ||
|---|---|---|---|
| Product | Chase Savings℠ | vs | Santander Savings |
| Latest APY | 0.01 % | 0.03 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | |
| Days Since Last Change | 219 | 219 | |
| High (-7 m) | 0.01 % | 0.03 % | |
| Low (-7 m) | 0.01 % | 0.03 % | |
| Draw-down from High | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-7 m)
- Highest APY in the last 220 days.
- Low (-7 m)
- Lowest APY in the last 220 days.
- Draw-down from High
- How far today sits below the 7-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for Chase Bank vs Santander Bank
All calculations are based on APY.
Chase Bank
APY: 0.01%
Total savings breakdown:
- Interest earned: $5.7 (0.03%)
- Total contributions: $13,000 (72.20%)
- Initial deposit: $5,000 (27.77%)
Your total balance
$18,005.70
Effective APY: 0.01% (based on your deposit and contributions)
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewSantander Bank
APY: 0.03%
Total savings breakdown:
- Interest earned: $17.2 (0.10%)
- Total contributions: $13,000 (72.15%)
- Initial deposit: $5,000 (27.75%)
Your total balance
$18,017.20
Effective APY: 0.03% (based on your deposit and contributions)
Total balance: $18,017.2
Earnings: $17.2
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Chase Bank's total earnings would be $11.5 lower than Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Chase Bank's APY of 0.01% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Chase Bank vs Ally Bank | 3.50% | $0 |
| Chase Bank vs American Express | 3.50% | $0 |
| Chase Bank vs Axos Bank | 4.46% | $0 |
| Chase Bank vs Bank of America | 0.01% | $100 |
| Chase Bank vs Barclays | 4.10% | $0 |
| Chase Bank vs BrioDirect | 4.30% | $5,000 |
| Chase Bank vs Capital One | 3.50% | $0 |
| Chase Bank vs Chime | 3.75% | $0 |
| Chase Bank vs CIT Bank | 4.00% | $100 |
| Chase Bank vs Discover Bank | 3.50% | $0 |
| Chase Bank vs Elevault | 4.60% | $0 |
| Chase Bank vs EverBank | 4.30% | $0 |
| Chase Bank vs Fitness Bank | 4.75% | $100 |
| Chase Bank vs FVCbank | 4.35% | $500 |
| Chase Bank vs GO2bank | 4.50% | $0 |
| Chase Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Chase Bank vs Neighbors Bank | 4.60% | $0 |
| Chase Bank vs Newtek Bank | 4.35% | $0 |
| Chase Bank vs Peak Bank | 4.35% | $100 |
| Chase Bank vs Pibank | 4.60% | $0 |
| Chase Bank vs Presidential Bank | 4.50% | $5,000 |
| Chase Bank vs SoFi Bank | 3.80% | $0 |
| Chase Bank vs Synchrony Bank | 3.80% | $0 |
| Chase Bank vs TIMBR | 4.40% | $1,000 |
| Chase Bank vs UFB Direct | 4.21% | $5000 |
| Chase Bank vs Varo Bank | 5.00% | $0 |
| Chase Bank vs Wells Fargo | 2.51% | $25 |
| Chase Bank vs Zynlo Bank | 4.35% | $10 |