Pibank vs. Santander Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Pibank vs. Santander Bank
Key Metrics at a Glance
| Feature | Pibank | Santander Bank |
|---|---|---|
| Top Savings APY | 4.60% Pibank Savings | 0.01% Santander Savings |
| Minimum to Open | $0 | $25 |
| Minimum Balance for Top APY | $0.01 | $0 |
Pibank
Strengths
- Pibank offers a high APY of 4.60%, significantly higher than Santander's 0.01%.
- No maintenance fees or minimum balance requirements for Pibank Savings account.
- Pibank has no branches, making it an online-only option.
Potential Drawbacks
- Pibank has low App Store (2.4) and Google Play (1.7) ratings.
- Not BBB accredited, which may affect trust for some customers.
- Pibank offers no physical branches for in-person banking.
Santander Bank
Strengths
- Santander Bank has a higher App Store (4.8) and Google Play (4.1) ratings.
- Branches are available primarily in the Northeast and Miami, Florida.
- Santander Savings account has a low minimum deposit of $25.
Potential Drawbacks
- Santander's APY is only 0.01%, significantly lower than Pibank's 4.60%.
- There is a $1 monthly maintenance fee for the Santander Savings account.
- Santander is not BBB rated, indicating a lack of customer trust metrics.
Summary: Pibank offers a high APY of 4.60% with no fees or minimums, but lacks branch access and has low app ratings. In contrast, Santander Bank provides branch access and higher app ratings, but its APY is only 0.01% with a $1 monthly fee. Both banks are not BBB accredited, which may concern potential customers.
→ As of October 21, 2025 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 yields $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.
Calculate Savings Growth for Pibank vs Santander Bank
All calculations are based on APY.
Pibank - Pibank Savings
Top APY: 4.60%
Total savings breakdown:
- Interest earned: $2,825.8 (13.57%)
- Total contributions: $13,000 (62.42%)
- Initial deposit: $5,000 (24.01%)
Your total balance
$20,825.80
Effective APY: 4.60% (based on your deposit and contributions)
Total balance: $20,825.8
Earnings: $2,825.8
Bank OverviewSantander Bank - Santander Savings
Top APY: 0.01%
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
Effective APY: 0.01% (based on your deposit and contributions)
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Pibank's total earnings would be $2,820.1 higher than Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Pibank's vs Santander Bank's Savings Accounts
| Pibank | Santander Bank | ||
|---|---|---|---|
| Product | Pibank Savings | vs | Santander Savings |
| APY | 4.60% (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 | Daily | Daily | |
| Minimum Deposit | $0 | $25 | |
| Minimum Balance for APY | $0.01 | $0 | |
| Maintenance Fee | $0 | $1 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 2.4/5 | 4.8/5 | |
| Google Play Rating | 1.7/5 | 4.1/5 | |
| BBB Rating | A | Not Rated |
Comparative Historical APY Insights (Last 8 Months)
| Pibank | Santander Bank | ||
|---|---|---|---|
| Product | Pibank Savings | vs | Santander Savings |
| Latest APY | 4.60 % | 0.01 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -0.0 | -0.2 | |
| Rate Changes / Mo | 0.00 | 0.12 | |
| Days Since Last Change | 249 | 32 | |
| High (-8 m) | 4.60 % | 0.03 % | |
| Low (-8 m) | 4.60 % | 0.01 % | |
| Draw-down from High | 0.0 % | -66.7 % | |
| Volatility (CV) | 0.000 | 0.243 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 250 days.
- Low (-8 m)
- Lowest APY in the last 250 days.
- Draw-down from High
- How far today sits below the 8-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.
More Comparisons
Compare Pibank's APY of 4.60% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Pibank vs Ally Bank | 3.40% | $0 |
| Pibank vs American Express | 3.50% | $0 |
| Pibank vs Axos Bank | 4.51% | $0 |
| Pibank vs Bank of America | 0.01% | $100 |
| Pibank vs Barclays | 4.10% | $0 |
| Pibank vs Bask Bank | 4.05% | $0 |
| Pibank vs BrioDirect | 4.20% | $5,000 |
| Pibank vs Capital One | 3.40% | $0 |
| Pibank vs Chase Bank | 0.01% | $0 |
| Pibank vs Chime | 3.50% | $0 |
| Pibank vs CIT Bank | 3.85% | $100 |
| Pibank vs Citizens Access™ | 3.50% | $0.01 |
| Pibank vs Discover Bank | 3.40% | $0 |
| Pibank vs Elevault | 4.34% | $0 |
| Pibank vs EverBank | 4.05% | $0 |
| Pibank vs Fitness Bank | 4.75% | $100 |
| Pibank vs FNBO Direct | 3.00% | $1 |
| Pibank vs FVCbank | 4.10% | $500 |
| Pibank vs GO2bank | 4.50% | $0 |
| Pibank vs LendingClub | 4.20% | $0 |
| Pibank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Pibank vs Neighbors Bank | 4.50% | $0 |
| Pibank vs Newtek Bank | 4.35% | $0 |
| Pibank vs Peak Bank | 4.20% | $100 |
| Pibank vs Presidential Bank | 4.50% | $5,000 |
| Pibank vs SoFi Bank | 4.50% | $0 |
| Pibank vs Synchrony Bank | 3.80% | $0 |
| Pibank vs TIMBR | 4.40% | $1,000 |
| Pibank vs UFB Direct | 3.96% | $5000 |
| Pibank vs Valley Direct | 4.10% | $1,000 |
| Pibank vs Varo Bank | 5.00% | $0 |
| Pibank vs Wells Fargo | 0.05% | $25 |
| Pibank vs Zynlo Bank | 4.20% | $10 |