Home Banks Openbank by Santander High-Yield Savings Openbank High Yield Savings Account

Openbank High Yield Savings Account

Check Rates & Apply at Openbank by Santander ↗

About Openbank by Santander High-Yield Savings

The Openbank High Yield Savings Account from Openbank by Santander is one of the top-rated High-Yield Savings options evaluated on MoneyCompared, earning an overall product score of 9.2/10. Openbank by Santander is the U.S. digital banking platform backed by Santander Bank, N.A. (Member FDIC), offering a headline 5.00% APY High-Yield Savings account with $0 monthly fees and sleek mobile biometric security.
Key highlights include 5.00% APY, a fee structure of $0 Monthly Fee, and Top-tier 5.00% APY backed by Santander Bank, N.A..

Features

Annual Fee $0 Monthly Fee
Regular APR / Rate 5.00% APY
Intro Offer / Welcome Bonus Top-tier 5.00% APY backed by Santander Bank, N.A.
Savings APY / AER Biometric mobile app + unlimited digital transfers
Minimum Deposit $500 Minimum Deposit
Foreign Transaction Fee $0 (None)
Deposit Insurance FDIC / NCUA Insured ($250k+)
Mobile App Rating 4.8 / 5.0
Overall Rating 9.2 / 10

About Product

  • Annual / Monthly Fee: $0 Monthly Fee
  • APR / APY Rate: 5.00% APY
  • Intro Offer / Bonus: Top-tier 5.00% APY backed by Santander Bank, N.A.
  • Key Benefits: Biometric mobile app + unlimited digital transfers
  • Minimum Requirement: $500 Minimum Deposit
  • Institution: Openbank by Santander (Boston, MA, USA)

Pros

  • Rate / APY / APR: 5.00% APY
  • Fee Structure: $0 Monthly Fee
  • Welcome Offer / Highlight: Top-tier 5.00% APY backed by Santander Bank, N.A.
  • Key Perks: Biometric mobile app + unlimited digital transfers

Cons

  • Minimum Requirement: $500 Minimum Deposit
  • Subject to Openbank by Santander credit or account eligibility terms

Ready to check your rate for Openbank High Yield Savings Account?

Visit the official Openbank by Santander website to view current terms, eligibility, and apply online.

Visit Official Openbank by Santander Site ↗

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