Santander Bank Money Market Savings Account

in Money Market Accounts

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Santander Bank Money Market Savings Account


in Money Market Accounts

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Banco Santander is the 10th largest bank in the world, and its United States arm, Santander Holdings USA, is the 22nd largest bank in the US by assets. Santander Holdings has over $89.4 billion in assets and $58.9 billion in deposits. The headquarters are in Wilmington, Delaware.

Banco Santander was founded in Spain in 1857. It is one of the largest banks in the world and the largest in the Euro-zone. In 2006, it purchased Sovereign Bank, a large regional bank with a strong presence in the Northeastern United States, and rebranded it as Santander. Sovereign Bank was founded in 1902 and was based in Boston, Massachusetts. Santander Bank has an A+ rating with the BBB and a four-star rating with Bauer Financial.

What Are Santander Bank’s Accounts Like?

Santander Premier Plus Money Savings Account is complimentary for customers who maintain a Premier Plus checking account. Account holders receive a dedicated banker and higher interest rates.

What Are the Advantages and Disadvantages of Santander Bank’s Checking and Savings Accounts?

We love this about Santander Bank:

  • Low minimum opening deposits
  • Full selection of accounts
  • World Bank
  • Extensive network of ATMs

We don’t like this about Santander Bank:

  • Low rates
  • Minimum balances
  • Monthly service fees
  • Prime services are not available to customers with modest balances
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  • Headquarters
  •   824 North Market Street, Ste 100
    Wilmington, DE 19801 USA
  •   Visit Site

Other Services by Santander Bank


Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 9 states
  • Connecticut
  • Delaware
  • Florida
  • Massachusetts
  • New Hampshire
  • New Jersey
  • New York
  • Pennsylvania
  • Rhode Island

Feature Breakdown

APY Minimum Balance $1
Minimum Balance to Avoid Monthly Fee $10,000
Monthly Fee $0 - $10
Minimum Deposit $25
APY 0.25% - 1.6%

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