Find the most recent Santander Bank promotions, bonuses, and offers here.
Update 10/17/24: The $400 checking bonus has been extended through 12/31/24. The $500 business checking bonus has been extended through 12/31/24.
Santander Bank Promotions Review
Established in Spain, Santander Bank has been serving customers in the Northeast since 2013. It’s their mission to help you prosper, so they treat you and your money the way we all want to be treated—with respect. At Santander, they believe respecting you and your money is the first step on the journey to prosperity.
I’ll go over Santander Bank offers below.
Santander Bank $400 Checking Bonus
- What you’ll get: $400 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- Get $400 when you open a new Santander Select® Checking, Simply Right® Checking, or Santander® Private Client Checking account ($25 minimum opening deposit on all).
- Have direct deposits totaling $5,000 or more in your account within the first 90 days.
- Once you’ve completed the requirements and your account has been open for 90 days, your bonus will be paid within 30 days.
(Expires 12/31/2024)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
Santander Bank $500 Business Checking Bonus
- What you’ll get: $500 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- Open a Santander Business Checking Account. Bring your promo code to a branch by 12/31/24. Or use promo code BUS500Q324GEN
- Maintain an average daily balance of $5,000 for the first 90 days.
- Enjoy your bonus. Once your account has been opened for 90 days, your bonus will be paid in the next 30 days.
(Expires 12/31/2024)
Chase Business Complete Checking® ($300 Bonus) | U.S. Bank Business Checking ( $400 or $900 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Live Oak Bank Business Savings ($200 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
Axos Bank Business Interest Checking ($400 Bonus) | Axos Business Premium Savings ($375 Bonus) |
Bluevine Business Checking ($300 Bonus) |
[Expired] Santander Bank $550 Business Checking Bonus
- What you’ll get: $550 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- To receive a cash bonus:
- Open a new Santander Business Checking or new Santander Business Checking Plus account by 7/6/2022; and
- Maintain an average daily balance of:
- $5,000 or more for the first 90 days to receive a $350 cash bonus, or
- $10,000 or more for the first 90 days to receive a $450 cash bonus, or
- $15,000 or more for the first 90 days to receive a $550 cash bonus
- You will receive a cash bonus in your new Santander business checking account within 30 days of meeting all offer requirements.
- To receive a cash bonus:
(Expires 07/06/2022)
Chase Business Complete Checking® ($300 Bonus) | U.S. Bank Business Checking ( $400 or $900 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Live Oak Bank Business Savings ($200 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
Axos Bank Business Interest Checking ($400 Bonus) | Axos Business Premium Savings ($375 Bonus) |
Bluevine Business Checking ($300 Bonus) |
[Expired] Santander Bank $200 or $400 Checking Bonus
- What you’ll get: $200 or $400 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- Get $400 when you:
- Open a new Santander Select® Checking account ($25 minimum opening deposit) by 12/31/2021
- Have direct deposits totaling $6,000 or more post to this account within the first 90 days starting the first business day after account opening.
- Get $200 when you:
- Have $4,000 or more in direct deposits that post to the new account within the first 90 days.
- Get $400 when you:
(Expired)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
[Expired] Santander Bank $50 Referral Bonus
Editor’s Note: As of 1/6/2021 the referral program is currently closed, please check back to this post to see when it’s open to use again.
- What you’ll get: $50 referral bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- Open a new Santander Bank Checking Account.
- Complete the minimum opening deposit.
- Must also have at least $250 and keeping the new account open for at least 60 days.
(No expiration date listed)
Truist Checking ($400 bonus) | KeyBank Checking ($300 bonus) |
HSBC Premier Checking (Up to $2,500 Cash Bonus), |
[Expired] Santander Bank $500 Checking Bonus
- What you’ll get: $500 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- Open a new Santander Select® Checking account by 7/6/22 using the unique promotion code shown on this page after you provide your name and email address.
- Have direct deposits of $4,000 or more to receive a $300 bonus; $6,000 or more to receive a $400 bonus; $8,000 or more to receive a $500 bonus post to the new account within the first 90 days, starting the first Business Day after account opening.
- Keep your account open for at least 90 days and open at the time of payment.
(Offer expires July 6, 2022)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
[Expired] Santander Bank $1,000 IRA Bonus
- What you’ll get: $1,000 bonus
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No
- Early Termination Fee: None
- How to earn it:
- You must complete two steps to qualify for your cash bonus.
- (1) Open a new or have an existing Individual Retirement Account (IRA) with Santander Investment Services by 05/31/2021. Eligible IRA types include: Rollover IRA, Traditional IRA, Roth IRA, SEP-IRA, or Simple IRA. All annuities, insurance, and Inherited IRA accounts/products are excluded and,
- (2) Make a net deposit, transfer, and/or rollover that posts to your account by 7/15/21
- Net qualifying assets posted between 1/4/21 and 7/15/21 must be at least:
- $50,000 for a $200 bonus
- $100,000 for a $350 bonus
- $250,000 for a $700 bonus
- $500,000 or more for a $1,000 bonus
- You must complete two steps to qualify for your cash bonus.
(Offer expires May 31, 2021)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
Webull (Free Stocks) |
How To Waive Monthly Fees
- Santander Select Checking: $25 Monthly Fee, waived with a minimum combined balance of $25,000
- Simply Right Checking: $10 Monthly Fee, waived with one transaction per calendar month.
- Student Value Checking: None
- Santander Basic Checking: $3 Monthly Fee
- Santander Money Market Savings: $10 Monthly Fee, waived with any personal Santander® checking account or with $10,000 average daily balance in the Santander® Money Market Savings account
- Santander Savings: $1 Monthly Fee, waived with any personal Santander checking account or with a $100 average daily balance in the Santander Savings account
- Santander Youth Savings: None
- Basic Business Checking: $7.50
- Business Checking: $15
Author’s Verdict
These offers at Santander Bank are rather generous so be sure to check it out while it lasts. Additionally, they have soft pull, which means it won’t harm your credit score.
For more current offers, check out our bank bonuses page. Compare Santander Bank rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
moshe says
thanks for the offers
Manish Jain says
how to get code
Jon says
Santander may have locations “nationwide”, but as far as I can tell, they do not have any in California.
Marc A Simons says
Danny – You should weed out the expired offers. Some are prehistoric!
Howard Young says
Thank you Marc! We have deleted the expired links in the master post.