Santander Savings account review

Managing your funds for the long term is what will allow you to realize your most important projects. With this in mind, the Santander Savings account gives you a practical and convenient way to save. In addition to being an excellent complement to your checking account, it can be opened with as little as $25.


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Commissions
Account management: $ 1 per month, which you will not pay if you have a Santander checking account or a minimum balance of $
Check deposit: Consult
Check writing: Consult
Transfers: Consult
Profitability
APY: 0.03%
Rate of interest: Fixed
Interest settlement: Monthly
Advantage
Checkbook: No checkbook
Requirements
Minimum deposit: $ 25

Additional information of Santander Savings account

Santander Bank's Savings account offers a 0.03% APY and no minimum balance requirement to take advantage of its features. This banking product includes a $1 monthly fee that you can avoid by signing up for a checking account or maintaining a daily balance of at least $100 during the month.

Cuenta de ahorro Santander SavingsAmong its other advantages, this bank offers you more than 600 branches, a network of ATMs with more than 2,000 machines and a Mastercard debit card. There is no cost to use a Santander ATM, but there is a $3 fee for transactions at other banks' ATMs, plus other possible charges.

Likewise, this financial instrument offers you the Auto Save option to save money automatically and the Easy Transfers service, which has a limit of 6 operations within the account statement cycle.

Through its well-known app, you can check balances, deposit checks, transfer money, pay bills and set up alerts.

This bank also provides the Protechtion service, which allows you to:

  • Adjust notifications. You can choose and customize the notifications you want to receive, optimize the settings and select between mail, sms or both.
  • Manage cards. This function allows you to activate/deactivate debit/credit cards, report a lost/stolen card, request replacements or pause a lost plastic.
  • Manage accounts. You incorporate a series of digital controls into your favorite devices to better manage your banking tools.

The Banco Santander Savings account is a simple, versatile and modern way to grow your money and supplement your current management. However, we advise you to compare the top-rated products in this category, using our list of the best savings accounts.

Español: Cuenta de ahorro Santander Savings