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$125-$500 Santander Checking, Savings, Business Promotions

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Get new $125-$500 sign-up promotions from Santander bank here.

You’ll find the 670+ Santander Bank branches throughout the following states: Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island.

Santander promotions review highlights:

  • Current promotions for Checking, Savings, Business accounts
  • Account Features
  • See my bank promotions list

Santander Bank Personal Checking $150 Promotion

Santander-Checking-150-Promotion
Santander Checking $150 Promotion

Open a new eligible personal checking account with Santander bank and set up direct deposit to earn a $150 bonus.

  • Promotion Link: $150 Checking Promotion (Apply online or get a coupon emailed)
  • Expiration: 06/30/2016
  • Bonus Amount: $150
  • Competitor Bonus:
    • Chase Checking And Savings Promotions
    • BBVA Compass Checking Bonus
    • TD Bank Checking Promotion
    • Bank Of America Promotions
    • Citibank Checking Promotions
    • PNC Checking Bonus
    • Regions Checking Bonus
    • SunTrust Checking Bonus
  • Account(s) Eligible: Simply Right Checking, Basic Checking, Premier Plus Checking
  • Availability: Nationwide
  • Hard/Soft Inquiry: Soft
  • Opening Deposit Credit Card Funding Eligibility: Yes up to $1,000
  • Direct Deposit Requirement: Yes, $500+
  • Monthly Service Fee:
    • Basic Checking fixed $3 monthly fee
    • Simply Right Checking $10 monthly fee – 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.
    • Premier Plus Checking $35 monthly fee – waive 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.
  • Minimum Opening Deposit:
    • Basic Checking = $25
    • Simply Right Checking = $25
    • Premier Plus Checking = $50
  • Other Requirements:
    • Set up direct deposits totaling $500 or more with the first 90 days.
    • You must keep your account open for at least 90 days.
    • Once conditions are met, the $150 bonus will be paid within 30 days.
  • *Tips:
    • Offer is not available to current or former Santander customers who had a Santander checking account between 4/1/2015-3/31/2016.
    • Bonus is considered interest and will be reported to IRS on Form 1099-INT.
    • 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. It does not include deposits to your
    • Account that are made by an individual using online banking or an Internet payment provider such as PayPal.
  • Santander Checking Features:
    • Over 650 branches and 2,000 Santander ATMs across the Northeast, including many CVS locations
    • 24/7 Online and Mobile Banking
    • A Debit MasterCard for your everyday, on-the-run purchases
    • FDIC Insurance coverage up to applicable limits
    • Online Banking 100% guarantee against fraud when promptly reported
    • Real-Time Fraud Monitoring
    • Identity Theft Assistance Services

Author’s Thoughts:

I’d choose the Simply Right Checking account for this promotion. The $10 Monthly Fee is super easy to waive – you basically just use the account in some way! You’ll have all your basic Checking needs met with this one.

Santander Business Checking $500 Cash Bonus

Open a new Business Checking account with Santander bank and earn a $500 bonus by meeting the requirements, which doesn’t involve direct deposit.

  • Promotion Link: $500 Business Checking Promotion
  • Expiration: 04/30/2016
  • Bonus Amount: $500
  • Competitor Bonus:
    • Bank of America Business Promotions
    • PNC Business Promotions
    • SunTrust Business Promotions
  • Account(s) Eligible: Business Checking, Business Checking Plus
  • Availability: Nationwide
  • Hard/Soft Inquiry: Soft
  • Direct Deposit Requirement: None
  • Monthly Service Fee:
    • Business Checking $15 – waive with $5,000 average daily checking account balance, OR $10,000 combined business deposit balances, OR make three debit card purchases with your Santander Business Debit MasterCard, OR Receive one or more Santander Merchant Services payments deposited into the account, OR Receive $50 or more in Account Analysis service fees.
    • Business Plus Checking $50 – waive with $40,000 average daily checking account balance, OR $60,000 combined business deposit balances, OR Receive one or more Santander Merchant Services payments deposited into the account, OR Receive $50 or more in Account Analysis service fees.
  • Minimum Opening Deposit: $2,000 minimum(within 90 days)
  • Other Requirements:
    • You must be a business with revenues up to but not exceeding $3,000,000, your business must not currently have nor have had any business checking account with Santander Bank, N.A. (“Santander Bank”) in the last 12 months
    • Make cumulative deposits of $2,000 or more within the first 90 days of account opening
    • Complete 9 or more qualified transactions within the first 90 days after account opening
    • You will receive a $500 cash bonus in your new Santander checking account within 30 days of meeting all offer requirements.
  • *Tips:
    • The Santander business checking account must be open and not have a negative balance to receive the $500 cash bonus.

Santander Bank Extra20 $240 Yearly Bonus

You can earn a $20 bonus monthly with an Extra20 account with Santander bank, or $240 yearly.

  • Promotion Link: Extra20 Promotion
  • Expiration: currently unavailable
  • Eligible Accounts: Extra20 Checking + Extra20 Savings
  • Bonus Requirements:
    • Open both an Extra20 Checking and Extra20 Savings account.
    • Make at least $1,500 in Direct Deposits per month for a $10 bonus
    • Pay 2 bills through their BillPay online each month for another $10 bonus
    • Do both and $20 will be credited to your Extra20 savings account every month
    • Do it every month during the year and you’ll earn $240 in bonuses that year, and every year thereafter

Extra20 Checking & Savings Account Benefits:

Extra20 checking

  • Your 1st order of checks are free
  • To avoid the $10 monthly service fee, you have to make $1,500+ in direct deposits (need this for the bonus anyway)

Extra20 savings

  • Free account if you have the Extra20 Checking
  • Transfers to and from your checking is easy

Santander Savings $125 Bonus

Earn bonus money by transferring money into a Sovereign Goal Savings account.

  • Promotion Link: $125 Savings Promotion
  • Expiration: no longer available
  • Bonus Requirements:
    • Set up an automatic transfer each month from a Sovereign Checking account or any checking account from another bank into your Sovereign Goal Savings account.
    • Bonus amount is based on how much you transfer throughout the year:
      • $12.50 bonus for a $2,500 to $4,999.99 increase in savings
      • $25 bonus for a $5,000 to $7,499.99 increase in savings
      • $37.50 bonus for a $7,500 to $9,999.99 increase in savings
      • $50 bonus for a $10,000 to $14,999.99 increase in savings
      • $75 bonus for a $15,000 to $24,999.99 increase in savings
      • $125 bonus for a $25,000 increase and above in savings
    • Once you get past the $25,000 mark in total amounts transferred to your Sovereign Goal Savings account that year, you will earn a $125 bonus.
    • You’ll also have to have a Sovereign Checking account also in order to have the bonus credited.
    • You must make at least one automatic recurring transfer per month in order to qualify for a bonus.

Santander bank promotions are constantly changing throughout the year, so check back often for updates!