Fnbo Direct vs. Santander Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of FNBO Direct vs. Santander Bank
Key Metrics at a Glance
| Feature | FNBO Direct | Santander Bank |
|---|---|---|
| Top Savings APY | 3.00% High-Yield Online Savings Account | 0.01% Santander Savings |
| Minimum to Open | $1 | $25 |
| Minimum Balance for Top APY | $0.01 | $0 |
FNBO Direct
Strengths
- FNBO Direct offers a high APY of 3.00%, significantly higher than Santander Bank.
- FNBO Direct has an A+ BBB rating and is BBB Accredited.
- FNBO Direct has no maintenance fees on its savings account.
Potential Drawbacks
- FNBO Direct has no physical branches, limiting in-person access.
Santander Bank
Strengths
- Santander Bank has physical branches, providing in-person banking options.
Potential Drawbacks
- Santander Bank's APY is only 0.01%, much lower than FNBO Direct's.
- Santander Bank charges a $1 maintenance fee on its savings account.
- Santander Bank is not BBB Accredited and has no rating.
→ As of November 16, 2025 FNBO Direct offers an APY of 3.00% for its High-Yield Online Savings Account, with a minimum balance of $0.01, compared to Santander Bank's 0.01% APY for its Santander Savings account, with a minimum balance of $0.
→ FNBO Direct yields $299 more than Santander Bank on a $10,000 balance after one year. FNBO Direct pays $300, while Santander Bank pays $1 - an APY advantage for FNBO Direct.
Calculate Savings Growth for FNBO Direct vs Santander Bank
FNBO Direct - High-Yield Online Savings Account
Total savings breakdown:
- Interest earned: $1,798.2 (9.08%)
- Total contributions: $13,000 (65.66%)
- Initial deposit: $5,000 (25.25%)
Your total balance
$19,798.20
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewSantander Bank - Santander Savings
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
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, FNBO Direct's total earnings would be $1,792.5 higher than Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FNBO Direct's vs Santander Bank's Savings Accounts
| FNBO Direct | Santander Bank | ||
|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | Santander Savings |
| APY | 3.00% (as of 11/16/2025) | 0.01% (as of 11/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $1 | $25 | |
| Minimum Balance for APY | $0.01 | $0 | |
| Maintenance Fee | $0 | $1 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.5/5 | 4.8/5 | |
| Google Play Rating | 4.8/5 | 4.1/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 4 Months)
| FNBO Direct | Santander Bank | ||
|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | Santander Savings |
| Latest APY | 3.00 % | 0.01 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -9.6 | -0.8 | |
| Rate Changes / Mo | 0.26 | 0.26 | |
| Days Since Last Change | 44 | 58 | |
| High (-4 m) | 3.25 % | 0.03 % | |
| Low (-4 m) | 3.00 % | 0.01 % | |
| Draw-down from High | -7.7 % | -66.7 % | |
| Volatility (CV) | 0.040 | 0.527 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 4 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 (-4 m)
- Highest APY in the last 114 days.
- Low (-4 m)
- Lowest APY in the last 114 days.
- Draw-down from High
- How far today sits below the 4-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.