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Santander Bank Checking Account Bonus, $225 Bonus After $500 Direct Deposit

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Checking Account Bonus

$225 Santander Checking Account Bonus

Santander has a $225 bonus available for new customers who open a new account (online or in-branch) by March 31, 2017. This is a public offer available nationwide.

Bonus Requirements

In order to receive this bonus, you must open one of the following accounts

  • Simply Right Checking ($25 minimum opening deposit)
  • Basic Checking ($25 minimum opening deposit)
  • Premier Plus Checking ($50 minimum opening deposit)

and complete the following requirements

  • Use promo code WINTER225
  • Have direct deposits totaling $500 or more post to this account within the first 90 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.

Offer Details

  • 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.
  • Expires on March 31, 2017
  • Available nationwide
  • You must be 18 years or older
  • Up to $500 in credit card funding online
  • Must keep account open for 90 days
  • Offer Page

Fees

Simply Right Checking or Basic Checking are the best option. Basic Checking has a $3 monthly fee that can’t be waived. Simply Right Checking has a $10 monthly fee that can be easily waived when you make any financial transaction that posts during a calendar month. Includes deposits, withdrawals, transfers or payments. Excludes fees, rebates or adjustments posted by Santander.

Conclusion

Santander has has a few increased bonuses lately, but they’ve been targeted. This one is publicly available and requirements are pretty easy to meet. All you need to do is complete $500 or more in direct deposits within 90 days. I’d suggest opening a Simply Right Checking account and set up an automatic monthly transaction to keep it fee free. There’s no minimum balance requirement.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

6 COMMENTS

  1. Hi,

    I am self employed and cannot have an employer direct deposit my check. Do you know other ways of doing a direct deposit? Can a family member/friend make a direct deposit or does it have to be a company/institution?

    Thank you so much!

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