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Western Alliance Bank vs Santander Bank

Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Santander Bank? Read our comparison chart below.

Western Alliance Bank offers high-yield savings products and CD accounts.

While 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.

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

 Western Alliance Bank
Member FDIC
 Visit SiteLearn More
 

Western Alliance Bank

Santander Bank

SPECIAL OFFER
High-Yield Savings Premier - 4.46% APY

Read Western Alliance Bank Review

SPECIAL OFFER
6-Month CD - 4.15% APY - Learn More

Read Santander Bank Review

 

Benefits and Features

Savings
4.46% APY
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.
CDUp to 4.50%; 3-12 month term CDs. $1 minimum deposit.4.15% and 4.00% APY for 6 and 13 months, respectively. Minimum deposit of $500, with Santander Checking Account.
Checking
N/A
 
Money Market 0.03% - 0.05% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.
ATMs Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations
Customer Service Mon-Sun 8:00 am - 8:00 pm (ET) (excluding Christmas Day)
Locations
35 locations
405 branches in the US
 

CreditDonkey® Reviews

 Western Alliance Bank
SavingsStarStarStarStarStarStarStarStarEmpty StarEmpty Star
CDStarStarStarStarStarStarStarStarStarStar
FeesStarStarStarStarStar
Mobile AppStarStarHalf StarEmpty StarEmpty StarStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
CheckingStarStarStarStarEmpty Star
Money MarketStarStarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • High APY
  • No account activity or maintenance fees
Cons:
  • No debit card or checks
Pros:
  • Easy to waive monthly fees
  • High APY for CDs
  • Free student checking
Cons:
  • Low interest for Premier Plus Checking
Bottom LineSolid bank that offers high APY savings products with a fully digital experience... Read full reviewNortheastern bank with low requirements to waive fees... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Western Alliance Bank: Information sourced from the published website as of 12/11/2024.

Santander Bank: Pricing information from published website as of 11/22/2024 based on 02109 zip code.

High-Yield Savings Premier - 4.46% APY

High-Yield Savings Premier - 4.46% APY

  • No account activity or maintenance fees
  • $500 minimum opening deposit
  • FDIC insured
The annual percentage yield (APY) is accurate as of November 7, 2024 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC
Western Alliance Bank
Member FDIC

High Yield Savings Account - 4.50% APY

on Raisin's Secure Website
  • No fees
  • $1 minimum deposit
  • 24/7 online access
  • FDIC insured
Western Alliance Bank

High-Yield CD Rates - Up to 4.50% APY

on Raisin's Secure Website
  • No fees
  • $1 minimum deposit
  • FDIC insured

Term CD Rates
3 Month 4.50% APY
5 Month 4.40% APY
6 Month 4.40% APY
9 Month 4.35% APY
12 Month 4.25% APY

Which is Better: Western Alliance Bank or Santander Bank?

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

In short: Western Alliance Bank's savings is outstanding. Santander Bank's mobile app and customer service are worth mentioning.


Articles on Western Alliance Bank

Western Alliance Bank Review

Western Alliance Bank offers savings products with competitive APYs for people looking to grow their money. Is there a catch? Read on to find out.

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.

Which Do You Think is Best?





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About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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