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- Santander Bank Promotions
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Read about current Santander Bank bonuses and promotions here.
Santander Bank has branches in the following states: Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island.
Typical bonus amounts have been for $125, $150, $200, $225, $240, $300, $400, $500,etc.
Santander Bank has been running bonus offers for their Checking, Savings, and Business accounts for years. Their Savings and CD rates aren’t market leading, so see our Savings Rates and CD Rates pages for those offers.
Get the latest offers below.
Santander Bank Personal Checking $150 Bonus
Updated $150 bonus offer
Open a new eligible personal checking account with Santander bank to receive this $150 bonus. Direct Deposit is required for this offer.
- $150 bonus offer expires 06/30/2018
- Eligible accounts include the Simply Right Checking, Basic Checking, and Premier Plus Checking.
- Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, or PA.
- The minimum opening deposit is $25 for Basic Checking, $25 for Simply Right Checking, and $50 for Premier Plus Checking.
- Application triggers a Soft Pull, which doesn’t affect your credit.
- You can fund the opening deposit with a credit card up to $1,000.
- Direct Deposit is required for the bonus. *See ways to trigger a Direct Deposit.
How To Get Your $150 Bonus
- Register and bring the email you receive to any Santander branch or visit Santanderbank.com/digbonus by
June 30, 2018. - Using the same name and email address you used to register for a coupon, along with the promotion code received, open an eligible Santander Checking account and
have direct deposits of $1,000 or more post to the account in the first 90 days. - Keep your account open for 90 days and open at the time of bonus payment.
- Once you meet these conditions, your $150 bonus will be paid within 30 days.
- 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. *More tips on this here.
Fine Print
- 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.
- 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.
- If multiple accounts are opened with the same signer, only one account will be eligible for the bonus.
- Bonus is considered interest and will be reported to IRS on Form 1099INT.
- For the purposes of the bonus, Santander considers Direct Deposits to 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.
Waive The Monthly Service Fee
The Basic Checking account has a fixed $3 Monthly Fee that can’t be waived.
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. Be sure to enroll in paperless statements to avoid the $3 paper statement fee.
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.
Author’s Verdict:
While the Basic Checking account only has a $3 Monthly Fee, I’d recommend going for the Simply Right Checking account since the $10 monthly fee is so easy to waive. All you need to do is make any type of financial transaction that posts for that month to waive the fee.
MoneysMyLife Top Offer Picks  Earn a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Also earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. Apply for both offers and get a $350 total bonus. Full Review Get $300 when you open a new Chase Premier Plus CheckingSM account and set up direct deposit. This account has more features than the Chase Total Checking® and the monthly service fee can be waived with a few different requirement options. A $300 Checking bonus is one of the best offers from Chase Bank. Full Review Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. This is the most popular Business Checking offer.Full Review |
Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. 
Earn up to 25,000 bonus miles worth $250 in travel every year with the Barclays Arrival® Premier World Elite Mastercard®. Without an initial sign-up bonus, this credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases regardless of category. 
The HSBC Cash Rewards Mastercard® has a sign-up bonus of $150 when you spend at least $500 on purchases within the first 3 months of account opening. This credit card will also earn an ongoing 1.5% cash rewards rate on all purchases and has no foreign transaction fees. There is no annual fee with this card. 
CIT Bank is offering a 1.75% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest has a promotion where you can earn either 90 days of commission-free trades or a $200 cash bonus. The $200 bonus will require a deposit of at least $25,000 within 15 days of account opening and the execution of 3 trades within 90 days. The free trades offer will require a $10,000 minimum deposit. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Santander $500 Business Checking Bonus
Earn a $250 bonus for a new Business Checking account and then another $250 in cash back by using Clover Hardware solutions (a provider of Point-Of-Sale services). Meeting all requirements will get you a well earned $500 bonus.
- $500 bonus offer expires 06/30/2018
- Eligible accounts include the Business Checking and Business Checking Plus
- Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, or PA.
- Application triggers a Soft Pull, which doesn’t affect your credit.
- You can fund the opening deposit with a credit card up to $1,000.
How To Earn The $250 New Business Checking Bonus
- To receive a $250 cash bonus, 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, and your business must do all of the following:
- (i) Open a new Business Checking or new Business Checking Plus account between 4/1/18 and 6/30/18 and keep it open for 90 days; and
- (ii) Maintain an average daily ledger balance of $1,000 or more for the first 90 days after account opening.
- The business checking account must be open and not have a negative balance to receive the $250 cash bonus at the time of fulfillment.
- You will receive a $250 cash bonus in your new Santander checking account within 30 days of meeting all offer requirements.
- Your promotion code BIZ258A5J must be entered during new account opening to receive this offer.
- They reserve the right to decline to open an account in their sole and absolute discretion.
- They report the $250 bonus to the IRS as interest for the year in which it is received.
- One $250 cash bonus per business entity as identified by Taxpayer Identification Number (TIN).
How To Earn Another $250 In Cash Back
- To qualify for the $250 cash back on Clover Hardware solutions, you must
- (i) Purchase or lease a Clover Hardware solution. This promotional offer includes all Clover hardware, except Clover Go.
- (ii) Open a new merchant processing account with Santander Merchant Services, powered by First Data, by 6/30/18 and keep it open for 90 days;
- (iii) Link your new Santander Merchant Services processing account to your Santander business checking account;
- (iv) Receive 2 or more Santander Merchant Services payments into your Santander business checking account within 90 days.
- The $250 payment will be deposited to your linked Santander business checking account within 30 days of meeting all offer requirements.
- Accounts must be open and in good standing at the time of payment to receive bonus.
- One $250 statement credit incentive toward the purchase or lease of Clover Hardware Solutions per business entity as identified by Taxpayer Identification Number (TIN).
- Additional merchant locations with the same TIN are ineligible for the stated offer.
- To qualify for this offer, a merchant cannot have had a Santander Merchant Services account in past 12 months.
Earn $500 In Bonuses With Referral Program
If you’re a Santander bank customer you can make referrals and earn a $50 bonus per referral, up to $500 yearly. Your referrals will also be able to earn the $50 bonus as well. Unfortunately that would mean you’re knowingly letting them earn only a $50 bonus when they could be earning the higher $150 bonus mentioned above.
How To Make Referral Bonuses
- Use the referral offer page to sign up and start making referrals.
- Enter your friends’ email address and add a personalized message so they know it’s coming from you.
- Once your friend accepts the invitation, opens an eligible Santander checking account with the promotional code they received, and completes the program requirements**, you both will receive a $50 digital Visa Prepaid Card.
- Repeat and make up to $500 in referral bonuses per year.
Fine Print
- Referred friend is not eligible to participate if they’re a current or former Santander customer who has had a Santander checking account in the prior 12 months from new account opening.
- Employees of Santander and its affiliates are not eligible for this program.
- The $50 digital Visa Prepaid Card amount received may be reported as income to the IRS, state, and local tax authorities if required by applicable law.
- *You may earn a $50 digital Visa Prepaid Card for each referral that meets all program eligibility and qualification requirements. You may earn up to $500 in digital Visa Prepaid Cards per calendar year.
- **Referred person must open a new Simply Right Checking ($25 minimum opening deposit), Santander Basic Checking ($25 minimum opening deposit), Student Value Checking ($10 minimum opening deposit) or Santander Premier Plus Checking ($50 minimum opening deposit) within 90 days of receiving a Santander Refer-a-Friend invitation, and meet the program requirements within 60 days of opening the new account which are having one or more direct deposits totaling at least $250 and keeping the new account open for at least 60 days.
- Offer cannot be combined with other checking cash bonus offers.
- Limit of one bonus per qualifying account.
We update all the current bank promotions here, which will include popular offers from Chase Bank, TD Bank, CIT Bank, etc.
- CIT Bank Promotions: Online Money Market Account Earns 1.75% APY
- TD Bank Bonus For Checking Accounts: $150 To $300 Cash
- Chase Bank Business Checking Promotion: $200 Sign-Up Cash Bonus
- Santander Bank Promotions: $150 Personal & $500 Business Checking Bonuses
- Chase Total Checking Account $200 Coupon Available Online Now
- Chase Premier Plus Checking℠ Review: $300 Coupon Bonus
- Chase Coupon Promo Codes: $200, $300, $350, $500 (April 2018)
- BBVA Compass Bank Promotions: $150, $200, $250 Checking/Savings Bonuses
- Fifth Third Bank Promotions: $200 Checking Account Bonus
- PNC Bank Promotions: $50 To $300 Checking, Savings, Business Bonuses
- Regions Bank Promotions: $200 Checking Account Bonus
- KeyBank Promotions: $100, $200, $300, $400 Checking Bonuses
- Bank Of America $300 Personal Checking & $2500 Business Checking Bonuses
- Simple Bank Review & Bonus Offer: Unlimited $20 Referrals
- SunTrust Bank Review: $500 Personal & $200 Business Checking Bonuses
*Check back for the latest on Santander Bank promotions, bonuses and offers.
Hey Tony, a few items of note:
*The link to Santander’s offer expired on 06/30, but your page says 09/30.
*With the Simply Right, there is a $3 paper statement fee unless the customer enrolls in paperless statements
*Direct Deposit offer was $500 in total direct deposits over the first 90 days, not $1,000
Thanks for bringing this to my attention; I sort of rushed things and forgot to update a few details!
Tony
Great info thanks for the helpful info and tips passing on the web site to family.
Hi everyone! If you are considering to open a Santander bank account, don’t hesitate to use the following referral link which will give both you and me an additional $50 referral bonus! Thx http://bit.ly/2kOM8Ib
If I apply from your link, do you know whether I can get the $225 bonus together with this $50 or not?
In the end, it’s up to Santander so you should check with them, but the $225 offer clearly states that the promo can’t be combined with any other offers. If you go through with it, please let everyone know how it goes!