Pibank vs. Santander Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | PibankPibank Savings Jan 21, 2026 | Santander BankSantander Savings Jan 21, 2026 |
|---|---|---|
| APY | 4.60% | 0.01% |
Est. Earnings | $5,000+$230 $10,000+$460 $25,000+$1,150 | $5,000+$1 $10,000+$1 $25,000+$3 |
Min Deposit | $0 | $25 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo Minimums | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Comparison Analysis
Comparing Pibank vs. Santander Bank
As of Pibank offers an APY of 4.60% for its Pibank 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.
Pibank pays $459 more than Santander Bank on a $10,000 balance after one year. Pibank pays $460, while Santander Bank pays $1 - an APY advantage for Pibank.
Why Pibank?
- ✓Higher potential APY (4.60% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
- ✓Higher rated iOS app (4.8 vs 2.3)
- ✓Higher rated Android app (4.0 vs 1.7)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $1/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $3/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Santander BankSantander Bank offers an iOS app rated 4.8 (vs. 2.3) and Android app rated 4.0 (vs. 1.7)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $459 more interest on a $10,000 balance than Santander Bank's Santander Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Pibank offers a competitive savings product, the Pibank Savings account, with an impressive APY of 4.60%, making it a strong choice for savers looking for higher returns without any direct deposit requirements or maintenance fees. This account is online-only and requires a minimum balance of just $0.01. In contrast, Santander Bank's savings account provides a significantly lower APY of 0.01%, along with a minimum deposit requirement of $25 and a monthly maintenance fee of $1. While Santander excels in mobile app experience, Pibank clearly stands out for those prioritizing savings interest rates.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Pibank vs. Santander Bank Savings Calculator
You earn $459 more with Pibank than Santander Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$460.00(4.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,460.00
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 | Pibank | Santander Bank |
|---|---|---|
| APY | 4.60% Verified: 1/21/2026 Stable (90d) | 0.01% Verified: 1/21/2026 Stable (90d) |
| Product Name | Pibank Savings | Santander Savings |
| Minimum Deposit | $0 | $25 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $1 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS2.3 Android1.7 | iOS4.8 Android4.0 |
| Zelle® Support | Not Supported | Available Branch-based retail accounts only. |
| BBB Rating | A | Not Rated |
| Next Steps | Visit SiteVerify at Pibank 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 | Pibank | Santander Bank |
|---|---|---|
| Pibank Savings | Santander Savings | |
Current APY | 4.60% | 0.01% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.3 |
Days Since Change | 341 | 124 |
11-Month High | 4.60% | 0.03% |
11-Month Low | 4.60% | 0.01% |
Adjustments / Mo | 0.00 | 0.09 |
Volatility Score | 0.000 | 0.464 |
How to read these metrics(Click to expand)
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