Santander Bank vs Wells Fargo

Santander Bank is a northeastern bank with low requirements to waive fees. How does it compare to Wells Fargo? Read our comparison chart below.

Santander Bank has over 600 branches in the Northeast. Offers a range of checking and savings accounts, with simple requirements to waive service fees. High balance customers can earn higher interest. Their CDs offer high a APY with $500 minimum opening deposit.

While Wells Fargo is one of America's largest banks with over 4,500 locations and 12,000 ATMs. Offers many checking options, including Teen Checking and Opportunity Checking for those who had financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

Compare Santander Bank with Wells Fargo, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Santander Bank	Wells Fargo
	SPECIAL OFFER Personal Checking Account - $400 Bonus - Learn More Read Santander Bank Review	SPECIAL OFFER Clear Access Banking - Learn More Read Wells Fargo Review
	Benefits and Features
Savings	0.03% APY. $25 Minimum opening deposit. $1 monthly fee, unless 1) You have a Santander Checking Account, or have 2) $100 average daily balance in your savings account.	0.15% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, make 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account, make 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account, make 1 or more Save As You Go® transfers from a linked Wells Fargo checking account, or primary account owner is 24 years old or under.
CD	5.25% - 5.50% APY. 9 -12 month. Minimum deposit of $500, with Santander Checking Account.	Standard Term CD: 1.50% to 2.50% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Bonus of up to 2.51% APY if you maintain a linked Portfolio by Wells Fargo relationship.
Checking		Clear Access Banking, Everyday Checking, Portfolio by Wells Fargo
Money Market	0.03% - 0.05% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.	Also known as the Platinum Savings Account. 0.25% - 2.50% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 2.51% requires account linked to Portfolio by Wells Fargo relationship.
Customer Service	Mon-Sun 8:00 am - 8:00 pm (ET) (excluding Christmas Day)	Available 24 hours a day, 7 days a week.
ATMs	Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations	More than 12,000 ATMs across the country.
IRA CD		Standard Term CD: 0.01% to 2.50% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Bonus of up to 2.51% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
IRA Money Market		Also known as Retirement High Yield Savings. 0.25% - 2.50% APY. $100 minimum opening deposit.
Locations	Over 575 branches in the US	Approximately 4,500+ retail banking branches coast to coast.
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Easy to waive monthly fees High APY for CDs Free student checking Cons: Low interest for Premier Plus Checking
Bottom Line	Northeastern bank with low requirements to waive fees... Read full review	Read full review
	Personal Checking Account - $400 Bonus	Clear Access Banking Everyday Checking Initiate Business Checking
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Santander Bank: Pricing information from published website as of 03/25/2023 based on 91107 zip code. Wells Fargo: Pricing information from published website as of 09/09/2023 based on 91107 zip code.

Which is Better: Santander Bank or Wells Fargo?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Santander Bank or Chase.

Articles on Santander Bank

Santander Bank Review

If you're in the Northeast, Santander Bank offers solid basic checking and savings options, as well as competitive rates for CDs. Read on to see if it fits your needs.