Santander Bank vs Citizens Bank

Santander Bank is a northeastern bank with low requirements to waive fees. How does it compare to Citizens Bank? 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 Citizens Bank has over 1,100 branches on the East Coast. It offers a wide range of banking products and services, as well as financial tools to keep you on track. The GoalTrack Savings program offers gift card incentives for reaching your savings goals.

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

	Santander Bank	Citizens Bank
	SPECIAL OFFER 6-Month CD - 4.15% APY - Learn More Read Santander Bank Review	SPECIAL OFFER Personal Checking and Savings Account - $400 Bonus - Learn More Read Citizens Bank 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.	Several types of Savings accounts. 0.01% APY. No minimum opening deposit. $4.99 monthly maintenance fee, unless you have a minimum daily balance of $200 in your account, or have a qualifying Citizens Bank checkings account.
CD	4.15% and 3.75% APY for 6 and 12 months, respectively. Minimum deposit of $500, with Santander Checking Account.	Several types of CD accounts. Terms ranging from 7-14 month. 2.75% - 4.50% APY. Some APY rates may require qualifying Citizens Bank Checking Account. Minimum opening deposit $1000 for all accounts.
Money Market	0.03% - 0.05% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.	Several types of Money Market accounts. 0.01% APY. No minimum opening deposit. Monthly maintenance fee of $10, unless you have a minimum daily balance of $2500. Other Money Market accounts have no monthly maintenance fee but require qualifying Citizens Bank Checking Account.
ATMs	Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations	3,200+ ATMs across 14 states
Customer Service	Mon-Sun 8:00 am - 8:00 pm (ET) (excluding Christmas Day)	24/7 Telephone Customer Service
IRA CD		Terms ranging from 1 - 120 months. Minimum opening deposit $250. No monthly maintenance fee.
Locations	405 branches in the US	1,100 branches in 14 states
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Easy to waive monthly fees High APY for CDs Free student checking Cons: Low interest for Premier Plus Checking	Pros: One Deposit Checking GoalTrack Savings 24/7 customer service Cons: Low APY Heavy overdraft fees Limited branches
Bottom Line	Northeastern bank with low requirements to waive fees... Read full review	East Coast bank with solid deposit products to help meet goals... Read full review
	6-Month CD - 4.15% APY 12-Month CD - 3.75% APY Business Checking Account - $500 Bonus	Personal Checking and Savings Account - $400 Bonus Personal Checking Account - $300 Bonus 7-Month CD - 4.50% APY
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 11/08/2024 based on 02109 zip code. Citizens Bank: Pricing information from published website as of 10/02/2024 based on 10011 zip code.

Which is Better: Santander Bank or Citizens Bank?

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 Bank of America.

In short: Santander Bank's cd and mobile app are worth mentioning. In particular, the cd is impressive. Citizens Bank's savings and customer service are worth mentioning. In particular, the customer service is impressive.

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.