Santander Bank vs. UFB Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
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
UFB Direct
UFB Checking and Savings Bundle
Up to3.71%APYDec 6, 2025FDIC InsuredHigh MinimumDirect Deposit ReqChecking BundleGreat iOS AppGreat Android AppRange: 3.51% – 3.71%Show Fine Print & Trends Hide Details
UFB Direct
UFB Checking and Savings Bundle
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.
Comparison Analysis
Comparing Santander Bank vs. UFB Direct
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
Why UFB Direct?
- ✓Offers 2.00% APY on Checking Account in addition to the savings APY
- ✓Access to over 90,000 fee-free ATMs
- ✓Higher potential APY (3.51%-3.71% vs 0.01%) on all balances
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle earns more on smaller deposits (approx. $371 vs $1/yr).
Better Returns at $25,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle pulls ahead with larger amounts (approx. $928 vs $3/yr).
Best for Simplicity
UFB DirectUFB Direct's UFB Portfolio Savings offers 3.51% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
UFB DirectUFB Direct's UFB Checking and Savings Bundle pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, UFB Direct's UFB Checking and Savings Bundle pays $370 more interest on a $10,000 balance than Santander Bank's Santander Savings.
Executive Summary
UFB Direct stands out with its UFB Portfolio Savings account, offering a competitive APY of 3.51%, making it a strong choice for savers looking for simplicity without any direct deposit requirements or minimum balance constraints. In contrast, Santander Bank's Santander Savings account provides a much lower APY of 0.01%. For those who are willing to open a checking account, UFB Direct's UFB Checking and Savings Bundle can yield an even higher APY of 3.71%, but it requires a minimum balance of $10,000 and direct deposits. Overall, UFB Direct offers significantly better returns compared to Santander Bank.
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.
Top Market Contenders
See who beats both Santander Bank and UFB Direct.
| Feature | Santander Bank | UFB Direct |
|---|---|---|
| APY | 0.01% Verified: 12/6/2025 ↘︎ 0.02%90d Change | 3.71% Range: 3.51% - 3.71% Verified: 12/6/2025 ↘︎ 0.50%90d Change |
| Product Name | Santander Savings | UFB Checking and Savings Bundle |
| Minimum Deposit | $25 | $5000 |
| Min. Balance for APY | $0 | $10,000 |
| Monthly Fee | $1 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.0 | iOS4.8 Android4.3 |
| BBB Rating | Not Rated | A+ |
| Important Notes | - | The regular savings or money market APY may be boosted up to 3.71% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Next Steps | SponsoredOpen Account |
Savings Comparison
UFB Direct earns $2,213 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
UFB Direct
UFB Checking and Savings Bundle
Higher APY requires $10,000
Savings Breakdown
- Interest Earned+$2,218.70(11.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,218.70
Sponsored Link
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Santander Bank | UFB Direct | |
|---|---|---|---|
| Santander Savings | UFB Checking and Savings Bundle | UFB Portfolio Savings | |
Current APY | 0.01% | 3.71% | 3.51% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.2 | -5.0 | -4.5 |
Days Since Change | 78 | 37 | 37 |
10-Month High | 0.03% | 4.21% | 4.01% |
10-Month Low | 0.01% | 3.71% | 3.51% |
Adjustments / Mo | 0.09 | 0.28 | 0.28 |
Volatility Score | 0.375 | 0.047 | 0.048 |
How to read these metrics(Click to expand)
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