Chase Bank vs. Santander Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Chase BankChase Savings℠ Jan 21, 2026 | Santander BankSantander Savings Jan 21, 2026 |
|---|---|---|
| APY | 0.01% | 0.01% |
Est. Earnings | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$1 $10,000+$1 $25,000+$3 |
Min Deposit | $0 | $25 |
Snapshot view. Rates subject to change. | ||
Terms | 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. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing Chase Bank vs. Santander Bank
As of 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.
Why Chase Bank?
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.7 vs 4.0)
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
Shared Benefits
Executive Summary as of
Chase Bank and Santander Bank both offer savings accounts with a competitive APY of 0.01%. Chase's savings account, the Chase Savings℠, has a $0 minimum deposit requirement and a monthly maintenance fee of $5, which can be waived under certain conditions. In contrast, Santander's Savings account requires a minimum deposit of $25 and has a lower maintenance fee of $1. Both accounts do not require direct deposit and are not online-only, providing flexibility for customers. Overall, their rates are comparable, making either option viable depending on individual preferences.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Chase Bank vs. Santander Bank Savings Calculator
Both accounts earn exactly the same amount.
Chase Bank
Chase Savings℠
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
Santander Bank
Santander Savings
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Chase Bank | Santander Bank |
|---|---|---|
| APY | 0.01% Verified: 1/21/2026 Stable (90d) | 0.01% Verified: 1/21/2026 Stable (90d) |
| Product Name | Chase Savings℠ | Santander Savings |
| Minimum Deposit | $0 | $25 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $5 | $1 |
| Branch Access | Yes | Yes |
| Account Type | Online & Branches | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.7 | iOS4.8 Android4.0 |
| Zelle® Support | Available Limit: $2,000/dayBranded as Chase QuickPay; dynamic limits up to $10k. | Available Branch-based retail accounts only. |
| BBB Rating | A- | Not Rated |
| Important Notes | 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. | - |
| Next Steps | Visit SiteVerify at Chase Bank Non-sponsored link to official site | Visit SiteVerify at Santander Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chase Bank | Santander Bank |
|---|---|---|
| Chase Savings℠ | Santander Savings | |
Current APY | 0.01% | 0.01% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.2 |
Days Since Change | 357 | 124 |
12-Month High | 0.01% | 0.03% |
12-Month Low | 0.01% | 0.01% |
Adjustments / Mo | 0.00 | 0.08 |
Volatility Score | 0.000 | 0.453 |
How to read these metrics(Click to expand)
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