Santander Bank vs TD Bank

Santander Bank is a northeastern bank with low requirements to waive fees. How does it compare to TD 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 TD Bank has over 1,100 locations on the East Coast. Known as "America's most convenient bank," it offers extended banking hours and 24/7 customer service by phone. Monthly service fees can be waived with somewhat low minimum balance requirements.

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

	Santander Bank	TD Bank
	SPECIAL OFFER 6-Month CD - 4.15% APY - Learn More Read Santander Bank Review	SPECIAL OFFER TD $300 Beyond Checking Bonus - Learn More Read TD 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.	0.02% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account or if you're under 18 or 62 and older.
CD	4.15% and 4.00% APY for 6 and 13 months, respectively. Minimum deposit of $500, with Santander Checking Account.	up to 3.00% APY (up to 4.00% for Relationship APY). Terms of 3 to 60 months. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account).
Checking		TD Complete Checking, TD Beyond Checking, TD Essential Banking
Money Market	0.03% - 0.05% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.
Mobile App		iOS & Android
ATMs	Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations	2,600 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida
Customer Service	Mon-Sun 8:00 am - 8:00 pm (ET) (excluding Christmas Day)	24/7 Live Customer Service (Telephone)
IRA CD		1.00% APY (up to 4.00% for Bump Rate APY). Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account).
Locations	405 branches in the US	over 1,100 locations
	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: Extended banking hours Low requirements to waive monthly fees No foreign transaction fees Cons: No free checking Low APY Only on East Coast
Bottom Line	Northeastern bank with low requirements to waive fees... Read full review	East Coast bank with relatively low minimum balance requirements... Read full review
	6-Month CD - 4.15% APY 13-Month CD - 4.00% APY Personal Checking Account - $400 Bonus	TD $300 Beyond Checking Bonus TD $200 Complete Checking Bonus Referral Program - Up to $500 Bonus
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 11/22/2024 based on 02109 zip code. TD Bank: Pricing information from published website as of 12/12/2024 based on 08034 zip code.

Which is Better: Santander Bank or TD 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 is impressive. TD Bank's customer service is outstanding.

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.