Santander Bank vs. Vio Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Santander BankSantander Savings Jan 7, 2026 | Vio BankOnline Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 0.01% | 4.09% |
Est. Earnings | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$205 $10,000+$409 $25,000+$1,023 |
Min Deposit | $25 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Santander Bank vs. Vio Bank
As of Santander Bank offers an APY of 0.01% for its Santander Savings account, with a minimum balance of $0, compared to Vio Bank's 4.09% APY for its Online Savings Account, with a minimum balance of $0.
Vio Bank pays $408 more than Santander Bank on a $10,000 balance after one year. Santander Bank pays $1, while Vio Bank pays $409 - an APY advantage for Vio Bank.
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
- ✓Higher rated Android app (4.0 vs 3.4)
- ✓Fast transfers via Zelle®
Why Vio Bank?
- ✓Higher potential APY (4.09% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
Vio BankVio Bank's Online Savings Account earns more on smaller deposits (approx. $409 vs $1/yr).
Better Returns at $25,000
Vio BankVio Bank's Online Savings Account pulls ahead with larger amounts (approx. $1023 vs $3/yr).
Best for Simplicity
Vio BankVio Bank's Online Savings Account offers 4.09% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Santander BankSantander Bank offers an iOS app rated 4.8 (vs. 4.6) and Android app rated 4.0 (vs. 3.4)
Shared Benefits
Over a 1-year period, Vio Bank's Online Savings Account pays $408 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 as of
Vio Bank stands out with its Online Savings Account, offering a competitive APY of 4.09%, significantly higher than Santander Bank's Santander Savings account, which yields only 0.01%. Vio Bank's account requires a minimum deposit of $100 but has no maintenance fees if electronic statements are selected. Additionally, it does not require direct deposit, making it a straightforward choice for savers. In contrast, Santander Bank provides a mobile app rated 4.8 on iOS and 4.0 on Android, but its savings product offers minimal returns. Overall, Vio Bank is the clear winner for those seeking better interest rates.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Santander Bank vs. Vio Bank Savings Calculator
You earn $408 more with Vio Bank than Santander Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Santander Bank
Santander Savings
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$409.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,409.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Santander Bank | Vio Bank |
|---|---|---|
| APY | 0.01% Verified: 1/7/2026 Stable (90d) | 4.09% Verified: 1/7/2026 - |
| Product Name | Santander Savings | Online Savings Account |
| Minimum Deposit | $25 | $100 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $1 | $0, if electronic statements selected, otherwise $5 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.0 | iOS4.6 Android3.4 |
| Zelle® Support | Available Branch-based retail accounts only. | Not Supported |
| BBB Rating | Not Rated | A+ |
| Next Steps | Visit SiteVerify at Santander Bank Non-sponsored link to official site | Visit SiteVerify at Vio Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Santander Bank | Vio Bank |
|---|---|---|
| Santander Savings | Online Savings Account | |
Current APY | 0.01% | 4.09% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -2.7 |
Days Since Change | 55 | 1 |
2-Month High | 0.01% | 4.21% |
2-Month Low | 0.01% | 4.09% |
Adjustments / Mo | 0.00 | 1.07 |
Volatility Score | 0.000 | 0.005 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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