Santander Bank will give you a $150 bonus when you open a new personal checking account and have direct deposits totaling $1,000 or more post within the first 90 days after account opening, valid through September 30, 2017.
Plus, both new and current Santander Bank checking customers can participate in the Santander Refer A Friend Program to both receive a $50 Visa Reward Card (T&Cs indicate both offers cannot be combined).
Santander Bank is only available to residents in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island.
Updated 7/27/2017: Please note that the current Santander Bank bonus of $150 has been reduced from the previous offer of $225 that expired on June 30th, and it now also requires $1,000 in total direct deposits instead of only $500, but it’s possible that the bigger offer may be available again in the future.
How To Earn a $150 Santander Bank Checking Bonus
1. Open a new checking account using Promo Code DIG150J8S with these minimum opening deposit requirements: Simply Right Checking ($25), Santander Basic Checking ($25), and Santander Premier Plus Checking ($50).
2. Set up direct deposits totaling $1,000 or more within the first 90 days, starting the first business day after account opening.
3. Maintain your account for at least 90 days, and it must be open at the time of bonus payment.
4. Your $150 bonus will be paid within 30 days after you meet these conditions.
Just visit this $150 Promotional Link to open your new checking account online today.
Alternatively, you can request a coupon to be sent via email, and you can then present the coupon in person when opening your new checking account at a Santander Bank branch.
Santander Bank Promotional Terms
- You must be 18 years or older.
- Offer is not available if any account owner is a current deposit customer of Santander or had a Santander deposit account in the last 12 months prior to account opening.
- Offer cannot be combined with any other bonus offer.
- Eligible new account must be opened between 7/17/2017—9/30/2017.
- The account needs to be open for at least 90 days and remain open in an eligible account type until payment of bonus, which will occur within 30 days thereafter.
- In addition, the account must remain open and in good standing to be bonus eligible.
- Bonus is considered interest and will be reported to IRS on Form 1099-INT.
- If multiple accounts are opened with the same signer, only 1 account will be eligible for the bonus.
- Direct deposits include deposits made by your employer or a federal or state government agency or retirement benefits administrator and generally payments made by corporations or other organizations.
- Direct deposits do not include deposits to your Account that are made by an individual using online banking or an Internet payment provider such as PayPal.
Santander Bank Checking Account Options for Promotion
- $25 opening deposit requirement.
- $3 fixed Monthly Fee.
- No minimum balance requirements.
- Unlimited check writing.
Simply Right Checking
- $25 opening deposit requirement.
- $10 Monthly Fee is waived when you make any financial transaction that posts during the calendar month. Includes deposits, withdrawals, transfers, or payments. Excludes fees, rebates, or adjustments posted by Santander.
- No minimum balance requirements to avoid the Monthly Fee.
- Easy account access at thousands of ATMs, including many CVS locations.
- Convenient mobile tools to manage your account at home or on the go.
Premier Plus Checking
- $50 opening deposit requirement.
- Personal attention from a dedicated banker for everyday banking needs.
- Tools and personalized guidance to manage all your finances.
- Exclusive rates on deposits, discounts on loans, priority customer service and many no-fee features.
- No charge to use other banks’ domestic ATMs.
- Waive the $35 Monthly Fee with $6,000 in total direct deposits or $75,000 in combined balances in deposits and investments held with Santander Investment Services during the service fee period.
The Student checking accounts are not eligible for this promotion.
Santander Bank Refer A Friend $50 Rewards
When a current Santander Bank checking customer refers a new customer who opens a Simply Right Checking, Santander Premier Plus Checking, or Santander Basic Checking account with Santander Bank, you will both receive a $50 Visa Reward Card after meeting the qualifications.
How To Qualify for New Santander Client $50 Bonus
1. Visit this $50 Promotional Link and complete the registration form to get started.
2. Open a new Santander Simply Right Checking, Santander Premier Plus Checking, or Santander Basic Checking account within 90 days of completing your registration.
3. Complete the following requirements within 60 days after account opening:
- Have 1 or more direct deposits totaling at least $250, AND
- Complete 5 debit card transactions (PIN or Signature) that post to your account, AND
- Keep the account open for at least 60 days.
4. The $50 Visa Reward Card will be mailed to the addresses provided at registration within 4 to 6 weeks of meeting the requirements.
Please note that current Santander Bank checking customers or individuals that had a checking account with Santander in the previous 12 months are not eligible for this offer.
The referred person may only receive 1 $50 Visa Reward Card for opening an eligible account and completing the qualifications, but may also be eligible as a referrer after becoming a Santander customer.
How To Refer Friends to Santander Bank
1. Visit this Santander Referral Page and complete the form to access your referral link and sharing options.
2. Provide contact information AND a valid email address for the friends or family members you are referring OR share this offer via social media.
3. Once your friend or family member registers, opens a new Santander checking account, AND completes the requirements within 60 days after account opening, you will BOTH receive a $50 VISA Reward Card.
A referrer may receive up to 10 Reward Cards ($500 value) within a calendar year for eligible referrals made during that same calendar year.
Take advantage of these Santander Bank promotional offers to get a $150 bonus when you open a new personal checking account and $50 bonuses for referring new customers to Santander Bank.