Explore Santander Bank’s suite of bank accounts

Offers a range of checking and savings accounts for individuals and businesses.

Last updated:

Santander Bank

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Santander Bank is a Boston-based bank with more than 10 checking and savings account options for businesses and individuals. But you may find it’s lack of branch locations and ATMs limiting if you don’t live in the Northeast or Florida.

What banking products does Santander Bank offer?

Why should I open an account at Santander Bank?

In addition to standard account features like mobile banking and FDIC-insured deposits, Santander Bank has:

  • Interest-bearing checking account options. Santander’s Premier Plus and Select checking accounts accrue interest.
  • Instant card hold feature. Put a lost or stolen card on hold instantly through the Santander Bank mobile app.
  • Signup bonuses. Business checking accounts have signup bonuses ranging from $120 to $650 and some personal savings accounts have promotional interest rates for the first six months of account opening.

What should I look out for?

If you plan on opening an account with Santander Bank, keep the following in mind:

  • Mediocre interest rates. Santander’s interest rates are higher than most traditional banks but still lower than others.
  • Monthly fees. While most fees are waivable under certain conditions, you’ll pay anywhere from $3 to $75 a month for most accounts.
  • Regional bank. While you can bank online, branches and network ATMs are concentrated in the Northeast and Florida.

Compare with leading bank and credit union accounts

Name Product APY ATMs Fee
M&T Bank EZChoice Checking
Over 1,500 M&T Bank ATMs
$0
Get $150 if you open an EZChoice M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
M&T Bank MyChoice Premium Checking
M&T Bank MyChoice Premium Checking
0.05% on balances of $100,000+
0.03% on balances of $50,000 to $99,999.99
0.01% on balances of $1 to $49,999.99
Over 1,500 free M&T Bank ATMs and up to $2 rebates when using all other ATMs
$24.95/month
(can be waived)
Get up to $250 if you open a MyChoice Premium M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
Chase Sapphire Checking
0.01%
Free to use anywhere worldwide
$25/month
(can be waived)
Get a $1000 welcome bonus when you join Sapphire Banking by March 06, 2020. Within 45 days of joining, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts (excludes any J.P. Morgan retirement accounts and CDs), and maintain the balance for at least 90 days.
BBVA Online Checking
No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
$0
A full-service account with convenient, surcharge-free access to two massive ATM networks.
Axos Bank Rewards Checking
1.25% on balances of $0+ with $1,000+ in direct deposits, 10 $3+ debit card transactions and 5 additional account transactions per month
ATM fees reimbursed at any ATM nationwide
$0
Earn up to 1.25% APY while enjoying a suite of digital tools for smarter money management.
Axos Bank Essential Checking
ATM fees reimbursed at any ATM nationwide
$0
No fees. Unlimited domestic ATM fee reimbursements.

Compare up to 4 providers

Santander Bank customer service

There are three ways to get in touch with Santander Bank:

  • Call 877-768-2265 daily from 6 a.m. to 10 p.m. ET
  • Complete the contact form on its website
  • Visit a branch location near you

Bottom line

Santander Bank’s wide selection of checking and savings account options may be a good fit if you live in the Northeast or Florida, but others may find its lack of branches and ATMs, average interest rates and monthly fees limiting.

If more accessibility, fewer fees and a higher APY is what you’re after, shop around for other bank accounts.

Frequently asked questions

Read more on this topic

Go to site