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Santander Survey Reveals Gen Z Savings Surge and Growing Interest in CDs
ByAinvest
Thursday, Aug 21, 2025 6:36 am ET1min read
A survey by Santander Bank found that 58% of Gen Zers have increased their savings since the year began, with 69% making sacrifices to save in Q2. Interest in certificates of deposit (CDs) is high, but familiarity is low, with 74% interested in opening a CD. Only 8% of Gen Z currently holds a CD, but 63% believe digital banking options offer more competitive rates for savings growth.
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