Bank · FDIC insured
Openbank by Santander Savings Rates
Openbank by Santander’s best savings rate is 4.35% APY on $10,000, with its High Yield Savings. Rates checked October 25, 2026.
How Openbank by Santander’s savings rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
This bank’s best
Openbank by Santander
4.35%APY
- Requires
- None
- Minimum
- $500
- Earns on $10,000 a year
- $435
High Yield Savings
Top rate
NET Credit Union
6.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $600
2nd-highest rate
Westerra Credit Union
6.00%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $600
Openbank by Santander savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0004.35%
- $10,000 balance$10,0004.35%
- $100,000 balance$100,0004.35%
- QualifiedQualified4.35%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Openbank by Santander ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
High Yield Savings
Up to 4.35%APY
Personal accounts only. Minimum opening deposit of $500 required. Available to U.S. citizens or resident aliens at least 18 years old with a valid U.S. residential address, active U.S. mobile phone number, smartphone with Openbank app as trusted mobile device, and home ZIP code within service area (all 50 U.S. states and D.C.). Account does not include checks or debit card functionality.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIntroductory promotional APY Boost includes a 0.35% APY boost added to standard variable APY (currently 4.00%) for 6 months from account opening. Exclusively for new customers opening an eligible account during the promotional period. Standard variable APY remains variable and subject to change; if standard APY changes, boost continues to apply. After 6 months, rate reverts to standard variable APY. Accounts opened prior to 9/23/2026 are not eligible. Minimum deposit of $500 required.Any balance | 4.35% | $435 | Introductory promotional APY Boost includes a 0.35% APY boost added to standard variable APY (currently 4.00%) for 6 months from account opening. Exclusively for new customers opening an eligible account during the promotional period. Standard variable APY remains variable and subject to change; if standard APY changes, boost continues to apply. After 6 months, rate reverts to standard variable APY. Accounts opened prior to 9/23/2026 are not eligible. Minimum deposit of $500 required. |
| Any balanceStandard variable APY. Variable-rate account, rate may change at Openbank's discretion any time without notice. Availability and rate based on residential ZIP code. Minimum opening deposit of $500.Any balance | 4.00% | $400 | Standard variable APY. Variable-rate account, rate may change at Openbank's discretion any time without notice. Availability and rate based on residential ZIP code. Minimum opening deposit of $500. |
Sources (3)
- openbank.us
- openbank.us/banking/high-yield-savings-account
- openbank.us/assets/SB_US/en-US…PromotionalAPY_PDAAA.pdf
All captured Oct 25, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.