Business
Americans Determined to Grow Savings with Tax Refunds, Santander Bank Survey Finds
BOSTON, April 15, 2026--Santander Bank, N.A. ("Santander Bank") today announced findings from a new survey revealing consumers added to their savings more frequently in Q4 2025 compared to Q4 2024 and are now determined to grow their savings in 2026—with tax refunds expected to have a key role in building momentum.
About this update from Banco Santander, S.a.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":3338,"height":1275,"url":"https://media.zenfs.com/en/business-wire.com/96f7474d4d31445edc23e4d3fd0cbba0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QFjMjek0DrGg8kjDCQuV7w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM2Nw--/https://media.zenfs.com/en/business-wire.com/96f7474d4d31445edc23e4d3fd0cbba0","width":960,"height":367},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/T4biCCal53F7S.i6cyUy.w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD05MTY-/https://media.zenfs.com/en/business-wire.com/96f7474d4d31445edc23e4d3fd0cbba0","width":1200,"height":458}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"76% of Americans say saving more is their top financial goal for 2026.","length":70,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":70,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Nine in 10 (88%) of those expecting a tax refund plan to save at least a portion of it.","length":87,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":87,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"More than half (58%) of consumers plan to save their tax refunds in accounts that offer little to no yield, missing an opportunity to accelerate savings growth.","length":160,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":160,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Contributing a tax refund annually to a savings strategy using a High Yield Savings account or Certificate of Deposit can generate nearly 10 times more interest than a strategy using a traditional savings account.","length":213,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":213,"olType":false},{"type":"text","content":"BOSTON, April 15, 2026--(BUSINESS WIRE)--Santander Bank, N.A. ("Santander Bank") today announced findings from a new survey revealing consumers added to their savings more frequently in Q4 2025 compared to Q4 2024 and are now determined to grow their savings in 2026—with tax refunds expected to have a key role in building momentum.","length":343,"tagName":"p"},{"type":"text","content":"With tax season underway, the latest Openbank Gr...