Chase Bank vs. Santander Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Chase Bank vs. Santander Bank
Key Metrics at a Glance
| Feature | Chase Bank | Santander Bank |
|---|---|---|
| Top Savings APY | 0.01% Chase Savings℠ | 0.01% Santander Savings |
| Minimum to Open | $0 | $25 |
| Minimum Balance for Top APY | $0 | $0 |
| 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. |
Chase Bank
Strengths
- Chase Bank has a higher BBB rating of A- compared to Santander Bank's Not Rated.
- Chase Bank offers a higher App Store rating of 4.8 versus Santander Bank's 4.8, but with a better Google Play rating of 4.5.
Potential Drawbacks
- Chase Bank has a higher maintenance fee of $5 compared to Santander Bank's $1.
- Chase Bank's APY is the same as 30 days ago at 0.01%, which is low.
Santander Bank
Strengths
- Santander Bank has a lower maintenance fee of $1 compared to Chase Bank's $5.
- Santander Bank has a physical presence in the Northeast and Miami, Florida.
Potential Drawbacks
- Santander Bank is not BBB Accredited and has a BBB rating of Not Rated.
- Santander Bank's Google Play rating is lower at 4.1 compared to Chase Bank's 4.5.
Summary: Chase Bank offers a better BBB rating and higher Google Play rating, but has a higher maintenance fee. Santander Bank has a lower maintenance fee and physical branches in select regions, but lacks BBB accreditation and has a lower Google Play rating. Both banks offer a low APY of 0.01%, unchanged from 30 days ago.
→ As of 10/21/2025 both Chase Bank (Chase Savings℠) and Santander Bank (Santander Savings) offer an APY of 0.01% .
→ Both banks yield $1 in interest on a $10,000 balance after one year. Neither has an APY advantage, so consider other features (fees, access, app ratings, etc.) when choosing.
Calculate Savings Growth for Chase Bank vs Santander Bank
All calculations are based on APY.
Chase Bank - Chase Savings℠
Top 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 - Santander Savings
Top 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 OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Chase Bank's total earnings would be the same as Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
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 10/21/2025) | 0.01% (as of 10/21/2025) | |
| 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 | 4.1/5 | |
| BBB Rating | A- | Not Rated |
Comparative Historical APY Insights (Last 9 Months)
| Chase Bank | Santander Bank | ||
|---|---|---|---|
| Product | Chase Savings℠ | vs | Santander Savings |
| Latest APY | 0.01 % | 0.01 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.1 | |
| Rate Changes / Mo | 0.00 | 0.11 | |
| Days Since Last Change | 265 | 32 | |
| High (-9 m) | 0.01 % | 0.03 % | |
| Low (-9 m) | 0.01 % | 0.01 % | |
| Draw-down from High | 0.0 % | -66.7 % | |
| Volatility (CV) | 0.000 | 0.235 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 265 days.
- Low (-9 m)
- Lowest APY in the last 265 days.
- Draw-down from High
- How far today sits below the 9-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.