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Read about current Santander Bank bonuses and promotions here.
Santander Bank has branches in the following states: Connecticut, Delaware, Florida, 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.
See our bank offers page for other offers. Top offers can be found from TD Bank, Chase Bank, Bank of America, BBVA, HSBC Bank, and many more.
Santander Bank Promotions Review Below
Santander $200 Merchant Services and $120 Deposit Link Business Checking Bonuses

- What you’ll get: $200 for Santander Merchant Services and $120 for Santander Check Deposit Link
- Where it’s available: NH, MA, RI, CT, DE, NY, NJ, PA
- How to earn it:
- $200 when you open and use a new Santander Merchant Services account with your Santander business checking account
- $120 in waived monthly maintenance fees ($30 per month for four months) when you enroll in Santander Check Deposit Link.
- Also, get 2 free months of ADP’s payroll processing services.
- When it expires: 6/30/2021
Compare with other top Business Checking bonuses here, including a $300 Business Checking bonus from Chase.
Getting $200 for Merchant Services
- To receive the $200 merchant bonus, your business must not currently have, nor have had, any Santander Merchant Services account in the last 12 months, and your business must do all of the following:
- (i) Open a new merchant processing account with Santander Merchant Services, powered by First Data, between 04/01/2021 and 06/30/2021 and keep it open for 90 days;
- (ii) Link your new Santander Merchant Services processing account to your Santander business checking account;
- (iii) Receive 2 or more Santander Merchant Services payments into your Santander business checking account within 90 days.
- You will receive a $200 bonus in your linked Santander business checking account within 30 days of meeting all offer requirements.
- One $200 cash incentive per business entity as identified by Taxpayer Identification Number (TIN).
Up To $120 for Check Deposit Link
- This offer is available to small businesses with annual revenues up to $3,000,000, subject to acceptance rules, policies, and guidelines of Santander.
- Acceptance decisions are made by Santander in its sole discretion and subject to change at any time without notice.
- This offer is only available to small businesses who (1) apply by 12/31/2020, and (2) who do not currently have, nor have had, Santander Check Deposit Link in the last 90 days, and (3) have one of the following Santander checking products:
- Business Checking, Business Checking Plus, Basic Business Checking, or Business Interest Checking.
- For qualified applicants, Santander will waive the $30 monthly maintenance fee for the first four months from enrollment.
- Other fees may apply. Customer will receive one free single-document scanner value varies by model.
- Available to customers with an eligible business checking account.
- Limit of one free scanner per customer.
- Additional scanners are available at a cost.
- Other fees may apply.
The best bank promotions are updated here. Start with these pages for good offers:
[Expired] Santander Bank Personal Checking $400 Bonus

- What you’ll get: $400 bonus
- Where it’s available: NH, MA, RI, CT, DE, NY, NJ, PA
- How to earn it:
- Open a new and eligible checking account using the unique promotion code shown on the offer page after you provide your name and email address.
- Have direct deposits totaling $4,000 or more post to the account within the first 90 days, starting the first business day after opening the account.
- Keep your account open for at least 90 days and open at the time of the payment.
- When it expires: 3/31/2021
I’d recommend comparing this offer with other popular ones like these:
- Bank of America $100 bonus
- TD Bank $150 & $300 bonuses
- HSBC Bank $200 – $600 bonuses
- BBVA up to $250 bonus
How To Earn The $400 Bonus
- Open a new and eligible checking account using the unique promotion code shown on the offer page after you provide your name and email address.
- Have direct deposits totaling $4,000 or more post to the account within the first 90 days, starting the first business day after opening the account.
- Keep your account open for at least 90 days and open at the time of the payment.
Simply Right Checking
Simply Right Checking $10 monthly fee – Any deposit, withdrawal, transfer, or payment that is posted during the calendar month to the Simply Right Checking account will waive the $10 Monthly Fee (excludes fees, rebates, and adjustments posted by Santander).
- You must be 18 years or older.
- Offer is not available if any account owner is a current checking customer of Santander or had a Santander checking account in the last 12 months prior to account opening.
- Offer cannot be combined with any other bonus offer.
- Promotion Code must be entered at new account opening to be eligible for this offer, and cannot later be added to an account, or changed, unless it is presented and applied within 14 days of account opening.
- 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 the IRS on Form 1099-INT.
- If multiple accounts are opened with the same signer, only one account will be eligible for the bonus.
- For new checking account customers only.
- Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, or PA.
- Eligible accounts include the following with these minimum opening deposit requirements: Simply Right® Checking ($25), Santander® Basic Checking ($25), Santander® Premier Plus Checking ($50), and Santander Select® Checking ($150).
- Fees may reduce earnings.
- Offer subject to change at any time.
- Santander considers direct deposits to be automatic electronic deposits made through the ACH network to your account by someone else, such as an employer issuing payroll or a government or retirement plan paying benefits.
- It may not include deposits to your account that are made by an individual using online banking, an internet payment provider, or a merchant advancing payroll using a debit card.
Bottom Line
This is one of the best offers I’ve seen from Santander. If you can meet the requirements, I would jump on it.
[Expired] 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.
Also, see the referral program for their Business accounts here.
How To Earn The Referral Bonuses
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.
- 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.
[Expired] Santander Student Value Checking $50 Bonus

Open and use a new Student Value Checking account to earn a $50 bonus with this offer.
- $50 bonus offer expires 12/31/2020
- Use promo code STUDENT50
- The Student Value Checking account is eligible for the offer
- Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, or PA.
How To Earn The $50 Bonus
- Get $50 when you open a new Student Value Checking account with promo code STUDENT50, with minimum opening deposit of $10.
- Make 10 debit card transactions that post to your account within 60 days of account opening.
- Student Value Checking is available to students 14 through 25 years of age.
- Legal guardian co-owner required for those between 14–18 years.
- Once you reach 26, we may convert your Student Value Checking to another checking product.
- Students who currently have a personal checking account or who have had a personal checking account with Santander Bank in the last year are not eligible for this offer.
- Offer subject to change at any time.
- Santander team members are not eligible.
- TIMING AND OTHER CONDITIONS OF THE BONUS: Your Student Value Checking account must be open and in good standing to be bonus eligible.
- Bonus Payment will occur within 30 days after initial 60-day requirements are met.
- Cannot be combined with other offers.
- One bonus per customer.
- The bonus is considered interest and will be reported to the IRS on Form 1099-INT.
- If multiple accounts are opened with the same signer, only one account will be eligible for the bonus.
OFFER LINK | OFFER | OUR REVIEW |
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TD Bank Convenience Checking℠ | $150 Cash | Review |
HSBC Premier Checking | $450 Cash | Review |
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Hey @Tony Phan,
I was interested in Santander Bank Personal Checking $400 Bonus offer that expires today 3/31/2021. However, with still few hours left before the day ends but on clicking the link it took me to the bank site but it had no details on this promo. Any idea, if this promo expired way in the past ?
Get an extra $50 bonus when you sign up with a referral link. For this, you will need to make a $250 direct deposit within 60 days of opening your account. I know that Chase checking, Venmo and Fidelity all count as direct deposits for Santander. The bonus will come in the form of a mailed Visa gift card. Can be stacked with other promotions. Also, the referral program is available nationwide, whereas the $225 bonus is only available to select states.
I funded my new account with my Wells Fargo credit card with a $500 opening deposit and it coded as a purchase. Account is free as long as you make any transaction monthly. You can sign up for this promotion as long as you have not had an account with Santander for the past 12 months. I would appreciate it if someone would use my referral link below to sign up for a checking account in advance. Thanks so much.
https://santander.extole.io/s/timmythetoot
Bonus received 2 months after making direct deposit. Good customer service and low monthly fee.
You may use my Referral link: https://santander.extole.io/s/gaoyuan_
Thanks! Good luck!
You must bring the code. I went into the Pembroke MA branch &had left the promotion card at home. Marisa acted like she had NO idea that they were running a $225 bonus promotion. She then asked for my license & credit card (I had no problem w this), so she “could see what she could do for me”. No problem. TDbank here I come.
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 https://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!