Santander Bank vs. TD Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Santander Bank
Santander Savings
0.01%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Santander Bank
Santander Savings
TD Bank
TD Signature Savings
Up to2.75%APYDec 10, 2025FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person AccessRange: 0.05% – 2.75%Show Fine Print & Trends Hide Details
TD Bank
TD Signature Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Santander Bank vs. TD Bank Savings Calculator
TD Bank earns $22.9 more than Santander Bank.
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
TD Bank
TD Signature Savings
Higher APY requires $100,000
Savings Breakdown
- Interest Earned+$28.60(0.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,028.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Santander Bank vs. TD Bank
Why Santander Bank?
- ✓No checking account or direct deposit required
Why TD Bank?
- ✓Higher potential APY (2.75% vs 0.01%) (requires checking bundle)
Shared Benefits
Over a 1-year period, TD Bank's TD Signature Savings pays $4 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
TD Bank offers a significantly higher APY of 2.75% on its TD Signature Savings account, which requires a minimum balance of $100,000 to earn this rate. In contrast, Santander Bank's Santander Savings account provides a much lower APY of 0.01%, with a minimum deposit of $25 and no minimum balance requirement. While both accounts do not require direct deposit, TD Bank's account is tiered, meaning the APY can vary based on account linking and balance, with a maximum of 0.05% available for lower balances. Overall, TD Bank stands out as the more lucrative option for savers.
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.
Stop Losing Interest
See who beats both Santander Bank and TD Bank.
| Feature | Santander Bank | TD Bank |
|---|---|---|
| APY | 0.01% Verified: 12/10/2025 ↘︎ 0.02%90d Change | 2.75% Range: 0.05% - 2.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | Santander Savings | TD Signature Savings |
| Minimum Deposit | $25 | $0 |
| Min. Balance for APY | $0 | $100,000 |
| Monthly Fee | $1 | $10. Waived under some circumstances. |
| Branch Access | Yes | Yes |
| Account Type | Online & Branches | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.0 | iOS4.8 Android4.0 |
| BBB Rating | Not Rated | Not Rated |
| Important Notes | - | This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. 2.75% is available when you link an eligible TD account and have a minimum balance of $100,000. Otherwise 0.05% is the maximum APY. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Santander Bank | TD Bank |
|---|---|---|
| Santander Savings | TD Signature Savings | |
Current APY | 0.01% | 2.75% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.2 | -8.3 |
Days Since Change | 82 | 68 |
10-Month High | 0.03% | 3.70% |
10-Month Low | 0.01% | 2.75% |
Adjustments / Mo | 0.10 | 0.38 |
Volatility Score | 0.387 | 0.085 |
How to read these metrics(Click to expand)
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