High-Yield Savings Account Comparison

Neighbors Bank vs. Santander Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl

Updated December 6, 2025

Advertising Disclosure: We may earn a commission from partner links.

Neighbors Bank

Neighbors Savings Account

4.50%

APY

Dec 6, 2025

FDIC InsuredNo MinimumsGreat Android AppIn-Person Access

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	N/A
Direct Deposit	Not required
Branch Access	One location in Columbia, Missouri
Deposit Insurance	FDIC Insured(Cert: 16247)
Eligibility	Not available in Delaware.
Mobile Ratings	iOS:3.3 Android:4.4
BBB Rating	A+(BBB Accredited)

Important Note

Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.

Rate Stability

Rate Adjusted

-0.10%

Since 90 days ago

Read Bank Overview

Santander Bank

Santander Savings

0.01%

APY

Dec 6, 2025

FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person Access

Show Fine Print & Trends

Min. Deposit	$25
Min. Balance	$0
Maintenance Fee	$1
Compound Freq	Daily
Direct Deposit	Not required
Branch Access	Primarily in the Northeast and Miami, Florida
Deposit Insurance	FDIC Insured(Cert: 29950)
Eligibility	United States
Mobile Ratings	iOS:4.8 Android:4.0
BBB Rating	Not Rated(Not BBB Accredited)

Rate Stability

Rate Adjusted

-0.02%

Since 90 days ago

Read Bank Overview

Comparison Analysis

Comparing Neighbors Bank vs. Santander Bank

Updated: Dec 6, 2025

Why Neighbors Bank?

✓Higher potential APY (4.50% vs 0.01%) on all balances
✓No checking account or direct deposit required
✓Higher rated Android app (4.4 vs 4.0)

Why Santander Bank?

✓Higher rated iOS app (4.8 vs 3.3)
✓Available Nationwide

— Key Feature Differences —

Better Returns at $10,000

Neighbors Bank

Neighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $450 vs $1/yr).

Better Returns at $25,000

Neighbors Bank

Neighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1125 vs $3/yr).

Best for Simplicity

Neighbors Bank

Neighbors Bank's Neighbors Savings Account offers 4.50% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Available to New & Existing Customers

The Bottom Line

Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $449 more interest on a $10,000 balance than Santander Bank's Santander Savings.

Santander BankNeighbors Bank

Automated Data Audit

Executive Summary

Neighbors Bank offers a competitive Neighbors Savings Account with an APY of 4.50%, significantly outperforming Santander Bank's Santander Savings, which has a minimal APY of 0.01%. The Neighbors Savings Account has no direct deposit requirement and allows balances up to $250,000 to earn the higher rate, making it an attractive option for savers. In contrast, Santander's savings account requires a minimum deposit of $25 and incurs a $1 maintenance fee, which may deter some customers. Overall, Neighbors Bank stands out as the clear choice for higher returns.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExploreNeighbors Bank ExploreSantander Bank

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See who beats both Neighbors Bank and Santander Bank.

Compare All High-Yield Savings Accounts

Pibank

Pibank Savings

FDIC InsuredNo Minimums

4.60% APY

+0.10% vs Neighbors Bank

Better Rate

Pibank vs Neighbors Bank Pibank vs Santander Bank

Feature	Neighbors Bank	Santander Bank
APY	4.50% Verified: 12/6/2025 ↘︎ 0.10%90d Change	0.01% Verified: 12/6/2025 ↘︎ 0.02%90d Change
Product Name	Neighbors Savings Account	Santander Savings
Minimum Deposit	$0	$25
Min. Balance for APY	$0	$0
Monthly Fee	$0	$1
Branch Access	Yes	Yes
Account Type	Online & Branches	Online & Branches
Direct Deposit Req.	None	None
Checking Bundle	No	No
Mobile Apps	iOS3.3 Android4.4	iOS4.8 Android4.0
BBB Rating	A+	Not Rated
Important Notes	Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.	-
Next Steps	- View Details	- View Details

Savings Comparison

Calculations based on current APY.

Initial Deposit

Recurring Deposit

Frequency

Duration

Neighbors Bank earns $2,754.4 more than Santander Bank.

Neighbors Bank

Neighbors Savings Account

4.50% APY

Savings Breakdown

Interest Earned
+$2,760.10(13.3%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,760.10

Effective APY

4.50%

View Details

Santander Bank

Santander Savings

0.01% APY

Savings Breakdown

Interest Earned
+$5.70(0.0%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$18,005.70

Effective APY

0.01%

View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 9 Months Analysis

Metric	Neighbors Bank	Santander Bank
	Neighbors Savings Account	Santander Savings
Current APYMost recent advertised annual-percentage yield.	4.50%	0.01%
TrendDirection over the last 9 months (regression slope).	Stable	Stable
Velocity (bps/mo)Average monthly change; 10 bps = 0.10 pp.	-1.5	-0.3
Days Since ChangeRecency of the latest APY adjustment.	53	78
9-Month HighHighest APY in the last 283 days.	4.75%	0.03%
9-Month LowLowest APY in the last 283 days.	4.50%	0.01%
Adjustments / MoTypical number of APY moves per month.	0.21	0.11
Volatility ScoreCoefficient of variation (stdev ÷ mean). Lower is more stable.	0.012	0.398

How to read these metrics(Click to expand)

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 283-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

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More Comparisons

Compare Neighbors Bank's APY of 4.50% with other banks

Bank Pair	Competitor APY	Min Deposit
Neighbors Bank vs Ally Bank	3.30%	$0
Neighbors Bank vs American Express	3.40%	$0
Neighbors Bank vs Axos Bank	4.31%	$0
Neighbors Bank vs Bank of America	0.01%	$100
Neighbors Bank vs Barclays	4.00%	$0
Neighbors Bank vs Bask Bank	3.90%	$0
Neighbors Bank vs BMO Alto	3.25%	$0
Neighbors Bank vs BrioDirect	4.00%	$5,000
Neighbors Bank vs Capital One	3.40%	$0
Neighbors Bank vs Chase Bank	0.01%	$0
Neighbors Bank vs Chime	3.50%	$0
Neighbors Bank vs CIT Bank	3.75%	$100
Neighbors Bank vs Citibank	3.30%	$0
Neighbors Bank vs Citizens Access™	3.35%	$0.01
Neighbors Bank vs Climate First Bank	4.21%	$50
Neighbors Bank vs Discover Bank	3.40%	$0
Neighbors Bank vs Elevault	4.08%	$0
Neighbors Bank vs EverBank	4.05%	$0
Neighbors Bank vs Fitness Bank	4.75%	$100
Neighbors Bank vs FNBO Direct	3.00%	$1
Neighbors Bank vs Forbright Bank	4.00%	$0
Neighbors Bank vs FVCbank	3.85%	$500
Neighbors Bank vs GO2bank	4.50%	$0
Neighbors Bank vs Ivy Bank	4.25%	$2,500
Neighbors Bank vs LendingClub	4.20%	$0
Neighbors Bank vs Marcus by Goldman Sachs	3.65%	$0
Neighbors Bank vs Newtek Bank	4.35%	$0.01
Neighbors Bank vs Openbank	4.20%	$500
Neighbors Bank vs Peak Bank	4.20%	$100
Neighbors Bank vs Pibank	4.60%	$0
Neighbors Bank vs PNC	3.53%	$0
Neighbors Bank vs Presidential Bank	4.00%	$5,000
Neighbors Bank vs Quontic Bank	3.75%	$100
Neighbors Bank vs Salem Five Direct	3.71%	$10
Neighbors Bank vs SoFi Bank	4.30%	$0
Neighbors Bank vs Synchrony Bank	3.65%	$0
Neighbors Bank vs TIMBR	4.40%	$1,000
Neighbors Bank vs UFB Direct	3.71%	$5000
Neighbors Bank vs Valley Direct	4.10%	$1,000
Neighbors Bank vs Varo Bank	5.00%	$0
Neighbors Bank vs Vio Bank	4.16%	$100
Neighbors Bank vs Wealthfront	4.15%	$0
Neighbors Bank vs Wells Fargo	0.05%	$25
Neighbors Bank vs Zynlo Bank	4.05%	$10

Compare Santander Bank's APY of 0.01% with other banks

Bank Pair	Competitor APY	Min Deposit
Santander Bank vs Ally Bank	3.30%	$0
Santander Bank vs American Express	3.40%	$0
Santander Bank vs Axos Bank	4.31%	$0
Santander Bank vs Bank of America	0.01%	$100
Santander Bank vs Barclays	4.00%	$0
Santander Bank vs Bask Bank	3.90%	$0
Santander Bank vs BMO Alto	3.25%	$0
Santander Bank vs BrioDirect	4.00%	$5,000
Santander Bank vs Capital One	3.40%	$0
Santander Bank vs Chase Bank	0.01%	$0
Santander Bank vs Chime	3.50%	$0
Santander Bank vs CIT Bank	3.75%	$100
Santander Bank vs Citibank	3.30%	$0
Santander Bank vs Citizens Access™	3.35%	$0.01
Santander Bank vs Climate First Bank	4.21%	$50
Santander Bank vs Discover Bank	3.40%	$0
Santander Bank vs Elevault	4.08%	$0
Santander Bank vs EverBank	4.05%	$0
Santander Bank vs Fitness Bank	4.75%	$100
Santander Bank vs FNBO Direct	3.00%	$1
Santander Bank vs Forbright Bank	4.00%	$0
Santander Bank vs FVCbank	3.85%	$500
Santander Bank vs GO2bank	4.50%	$0
Santander Bank vs Ivy Bank	4.25%	$2,500
Santander Bank vs LendingClub	4.20%	$0
Santander Bank vs Marcus by Goldman Sachs	3.65%	$0
Santander Bank vs Newtek Bank	4.35%	$0.01
Santander Bank vs Openbank	4.20%	$500
Santander Bank vs Peak Bank	4.20%	$100
Santander Bank vs Pibank	4.60%	$0
Santander Bank vs PNC	3.53%	$0
Santander Bank vs Presidential Bank	4.00%	$5,000
Santander Bank vs Quontic Bank	3.75%	$100
Santander Bank vs Salem Five Direct	3.71%	$10
Santander Bank vs SoFi Bank	4.30%	$0
Santander Bank vs Synchrony Bank	3.65%	$0
Santander Bank vs TIMBR	4.40%	$1,000
Santander Bank vs UFB Direct	3.71%	$5000
Santander Bank vs Valley Direct	4.10%	$1,000
Santander Bank vs Varo Bank	5.00%	$0
Santander Bank vs Vio Bank	4.16%	$100
Santander Bank vs Wealthfront	4.15%	$0
Santander Bank vs Wells Fargo	0.05%	$25
Santander Bank vs Zynlo Bank	4.05%	$10