Pibank vs. Santander Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Pibank
Pibank Savings
4.60%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Pibank
Pibank Savings
Santander Bank
Santander Savings
0.01%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Santander Bank
Santander Savings
Comparison Analysis
Comparing Pibank vs. Santander Bank
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 2.4)
- ✓Higher rated Android app (4.0 vs 1.7)
— 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. 2.4) 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.
Executive Summary
Pibank offers a competitive savings option with its Pibank Savings account, featuring a high APY of 4.60%. This account stands out for its simplicity, requiring no direct deposit and having no maintenance fees or minimum balance requirements. In contrast, Santander Bank's Savings account provides a significantly lower APY of just 0.01%, along with a minimum deposit of $25 and a maintenance fee of $1. While Santander emphasizes its mobile app experience, Pibank's higher yield makes it the more attractive choice for savers looking to maximize their 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.
| Feature | Pibank | Santander Bank |
|---|---|---|
| APY | 4.60% Verified: 12/6/2025 Stable (90d) | 0.01% Verified: 12/6/2025 ↘︎ 0.02%90d Change |
| 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 | iOS2.4 Android1.7 | iOS4.8 Android4.0 |
| BBB Rating | A | Not Rated |
| Next Steps |
Savings Comparison
Pibank earns $2,820.1 more than Santander Bank.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$2,825.80(13.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,825.80
Santander Bank
Santander Savings
Savings Breakdown
- Interest Earned+$5.70(0.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,005.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 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 | 295 | 78 |
10-Month High | 4.60% | 0.03% |
10-Month Low | 4.60% | 0.01% |
Adjustments / Mo | 0.00 | 0.10 |
Volatility Score | 0.000 | 0.390 |
How to read these metrics(Click to expand)
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