Fvcbank vs. Santander Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of FVCbank vs. Santander Bank
Key Metrics at a Glance
| Feature | FVCbank | Santander Bank |
|---|---|---|
| Top Savings APY | 4.10% Advantage Direct Savings | 0.01% Santander Savings |
| Minimum to Open | $500 | $25 |
| Minimum Balance for Top APY | $500 | $0 |
FVCbank
Strengths
- FVCbank offers a competitive APY of 4.10%, down from 4.45% last month.
- FVCbank has an A+ BBB rating, indicating strong trustworthiness.
- No maintenance fees for the Advantage Direct Savings account.
Potential Drawbacks
- FVCbank requires a minimum deposit of $500 to open the Advantage Direct Savings account.
- FVCbank's App Store rating is 4.4, lower than Santander Bank's rating.
Santander Bank
Strengths
- Santander Bank has a higher App Store rating of 4.8 compared to FVCbank.
- Santander Bank has branches primarily in the Northeast and Miami, Florida.
- No minimum balance requirement for the Santander Savings account.
Potential Drawbacks
- Santander Bank offers a significantly lower APY of 0.01%.
- Santander Bank is not BBB accredited and has no BBB rating.
- A $1 monthly maintenance fee applies to the Santander Savings account.
→ As of October 21, 2025 FVCbank offers an APY of 4.10% for its Advantage Direct Savings account, with a minimum balance of $500, compared to Santander Bank's 0.01% APY for its Santander Savings account, with a minimum balance of $0.
→ FVCbank yields $409 more than Santander Bank on a $10,000 balance after one year. FVCbank pays $410, while Santander Bank pays $1 - an APY advantage for FVCbank.
Calculate Savings Growth for FVCbank vs Santander Bank
FVCbank - Advantage Direct Savings
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
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, FVCbank's total earnings would be $2,493.7 higher than Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FVCbank's vs Santander Bank's Savings Accounts
| FVCbank | Santander Bank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | Santander Savings |
| APY | 4.10% (as of 10/21/2025) | 0.01% (as of 10/21/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | N/A | Daily | |
| Minimum Deposit | $500 | $25 | |
| Minimum Balance for APY | $500 | $0 | |
| Maintenance Fee | $0 | $1 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.4/5 | 4.8/5 | |
| Google Play Rating | 3.6/5 | 4.1/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 7 Months)
| FVCbank | Santander Bank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | Santander Savings |
| Latest APY | 4.10 % | 0.01 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -5.6 | -0.2 | |
| Rate Changes / Mo | 0.97 | 0.14 | |
| Days Since Last Change | 27 | 32 | |
| High (-7 m) | 4.55 % | 0.03 % | |
| Low (-7 m) | 4.10 % | 0.01 % | |
| Draw-down from High | -9.9 % | -66.7 % | |
| Volatility (CV) | 0.030 | 0.261 |
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 217 days.
- Low (-7 m)
- Lowest APY in the last 217 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.