Santander Bank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Santander Bank vs. Vio Bank
Key Metrics at a Glance
| Feature | Santander Bank | Vio Bank |
|---|---|---|
| Top Savings APY | 0.01% Santander Savings | 4.21% Online Savings Account |
| Minimum to Open | $25 | $100 |
| Minimum Balance for Top APY | $0 | $0 |
Santander Bank
Strengths
- Santander Bank has a low minimum deposit of $25 for the Santander Savings account.
- Santander Bank offers a higher App Store rating of 4.8 compared to Vio Bank.
Potential Drawbacks
- Santander Bank's current APY is only 0.01%, significantly lower than Vio Bank's 4.21%.
- Santander Bank is not BBB Accredited and has no BBB rating.
Vio Bank
Strengths
- Vio Bank offers a competitive APY of 4.21%, significantly higher than Santander Bank.
- Vio Bank is BBB Accredited with an A+ rating.
Potential Drawbacks
- Vio Bank requires a higher minimum deposit of $100 for the Online Savings Account.
- Vio Bank has a lower Google Play rating of 3.3 compared to Santander Bank.
→ As of November 12, 2025 Santander Bank offers an APY of 0.01% for its Santander Savings account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $420 more than Santander Bank on a $10,000 balance after one year. Santander Bank pays $1, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for Santander Bank vs Vio Bank
Santander Bank - Santander Savings
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
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Santander Bank's total earnings would be $2,565.1 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Santander Bank's vs Vio Bank's Savings Accounts
| Santander Bank | Vio Bank | ||
|---|---|---|---|
| Product | Santander Savings | vs | Online Savings Account |
| APY | 0.01% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $25 | $100 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $1 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.8/5 | 4.6/5 | |
| Google Play Rating | 4.1/5 | 3.3/5 | |
| BBB Rating | Not Rated | A+ |
No historical data available.