Find the latest Santander Bank promotions, bonuses, and offers here.
Update 1/31/25: The $400 checking bonus has been extended through 6/30/25.
About Santander Bank Promotions
Originally established in Spain, they have been serving customers in the Northeast since 2013 after acquiring Sovereign Bank. They have over 541 locations throughout nine states(NH, MA, RI, CT, DE, NY, NJ, PA, or FL). Their goal is to provide their customers with tools and services to manage their money from the beginning.
Santander Bank $400 Checking Bonus
Earn either a $400 bonus from Santander Bank when you open Checking Account and meet all the requirements.
- What you’ll get: $400 bonus
- Account Type: Checking Account
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Direct Deposit Requirement: Yes, $5,000+
- Credit Inquiry: Soft Pull
- ChexSystem: Yes
- Credit Card Funding: None
- Monthly Fees: $3 to $10, avoidable
- Early Account Termination Fee: $25 if closed within 90 days
- Household limit: None
(Expires 06/30/2025)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
EARN BONUSFINE PRINT
- 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.
- 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) by 6/30/2025 and have direct deposits totaling $5,000 or more post to this account within the first 90 days.
- The 90 day period begins the day of account opening, unless the account is opened on a weekend or holiday, in which case the period begins on the first business day after account opening.
- Offer is transferable until redeemed by the addressee and we reserve the right, in our sole discretion, to limit the number of times this Promotion Code may be used.
- 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 must 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, or maintained with the same ownership as of the date the bonus is payable, 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, PA, or FL (Florida Eligibility: This offer is only eligible online in ZIP codes within Miami Dade, Monroe, and Broward Counties, including ZIP code 34141).
- As of 09/01/2024, the Annual Percentage Yield (APY) for Santander Select® Checking is 0.01%, and Santander® Private Client Checking is 0.03%.
- Rates may change at any time and after the account is opened. Fees may reduce earnings.
- Offer expires 6/30/2025.
- This offer is subject to change at any time.
- Offer is only valid with use of a Promotion Code.
- Promotion of this offer may end at any time.
Santander Bank $500 Business Checking Bonus (Expired)
- What you’ll get: $500 bonus
- Account Type: Business Checking Account
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystem: Yes
- Credit Card Funding: Up to $500
- Early account termination fee: None Listed
- Household limit: One per TIN
(Expires 12/31/2024)
| Chase Business Checking ($300 or $500 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| Axos Business Premium Savings ($375 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Bluevine Business Checking ($300 Bonus) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
How to Earn $500 Business Checking Bonus
EARN BONUSFINE PRINT
- 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.
- To receive the cash bonus: Your business must do all of the following: (i) Open a new Santander Bank, N.A. (“Santander”) Business Checking or new Santander Business Checking Plus account by 12/31/24; and (ii) Maintain an average daily balance of $5,000 or more for the first 90 days to receive a $500 cash bonus.
- The average daily balance calculation begins on the day of account opening, unless the account is opened on a weekend or holiday, in which case the calculation begins on the first business day after account opening.
- The average daily balance is the sum of the current balance at the end of each day for 90 days, divided by 90.
- The full amount does not need to be deposited on day one of account opening in order to be eligible for the cash offer; however, the more days that pass, higher subsequent deposits are needed to meet the average daily balance requirement.
- Additional Eligibility Terms and Conditions: A valid Promotion Code must be entered at new account opening. Offer is transferable until redeemed by the addressee.
- We reserve the right, in our sole discretion, to limit the number of times any Promotion Code may be used or to terminate this promotional offer at any time. Your business is ineligible for this bonus, and the bonus offer is not available, if: (i) Your business currently has, or had in the past 12 months, any business checking account with Santander; or (ii) any owner, officer, or authorized signer of your business (“Owner/Signer”) currently is, or was in the past 12 months, an authorized signer on any Santander business account (“Related Account”); or (iii) your business or any Related Account has received a Santander business account bonus in the past 12 months.
- This offer is limited to one cash bonus per business.
- If multiple business accounts are opened by the same business, or if multiple business accounts (for the same or different businesses) are opened which at any time have one or more of the same Owner/Signers, only one account will be eligible for the bonus.
- Any business shall be ineligible for the bonus, as determined in our sole and absolute discretion, if the business or any Owner/Signer attempts to obtain multiple bonuses or otherwise circumvent the limit of one cash bonus per business.
- We reserve the right to decline to open an account, and to close an account, in our sole and absolute discretion.
- The Santander business checking account must be open and in good standing at the time of bonus payment to receive the cash bonus, which would occur within 30 days of meeting all offer and eligibility requirements.
- You will receive a cash bonus in your new Santander business checking account within 30 days of meeting all offer and eligibility requirements.
- We will report the cash bonus to the IRS as interest income for the year in which it is received.
Santander Bank $500 Checking Bonus *Expired*
Santander Bank $500 Checking Bonus
Santander Bank is offering a $500 checking bonus when you open a new and eligible checking account.
- Account Type: Santander Select Checking account
- Availability: NH, FL, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystem: Yes
- Credit Card Funding: Up to $500
- Early account termination fee: $25 if closed within 90 days of account opening
- Household limit: None listed
(Offer expires July 6, 2022)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | HSBC Premier Checking (Up to $3,000 Cash Bonus), |
How to Earn $500 Checking Bonus
EARN BONUSFINE PRINT
- Open a new Santander checking account by 7/6/2022 using the unique promotion code shown on this page after you provide your name and email address.
- Have direct deposits totaling the amounts shown in the chart above post to the account within the first 90 days to receive the associated cash offer amounts.
- Keep your account open for at least 90 days and open at the time of payment.
- Get your cash bonus when you open a new eligible checking account by 7/6/2022 and 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. Eligible accounts are Santander ® Private Client Checking, Santander Select® Checking, Simply Right® Checking, or Santander® Basic Checking. All accounts require $25 minimum opening deposit. Offer is transferable until redeemed by the addressee and we reserve the right, in our sole discretion, to limit the number of times this Promotion Code may be used. 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, PA, or FL (please see additional detail on offer eligibility in Florida below). As of 2/25/2022, the Annual Percentage Yield (APY) for Santander Select® Checking is 0.01%, and 0.03% for Santander® Private Client Checking. Rates may change at any time and after the account is opened. Fees may reduce earnings. Offer expires 7/6/2022. This offer subject to change at any time. Offer is only valid with use of a promotion code. Promotion of this offer may end at any time.
(Expired) Santander Bank $1,000 IRA Bonus
Earn up to $1,000 when you roll over or fund an eligible Santander Investment Services IRA
Santander Bank is offering a promotion of up to a $1,000 bonus when you open a new Santander Investment Services IRA and meet the requirements below.
- Account Type: IRA
- Availability: Nationwide
- Early account termination fee: None, however bonus forfeit if deposit amount is withdrawn within 9 months from account opening
- Household limit: 1
(Offer expires April 30, 2021)
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
How to Earn $1,000 IRA Bonus
HOW TO EARN BONUSFINE PRINT
- 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 4/30/2021. 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 6/15/21.
- Net qualifying assets posted between 1/4/21 and 6/15/21 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.
- Your net qualifying assets are the total amounts of your deposits and transfers, minus any withdrawals.
- Limit one bonus per customer or custodial beneficiary.
- WHEN YOU GET YOUR BONUS: Santander Investment Services will add the bonus to your account by the end of July 2021.
- Qualifying assets must remain in the account (minus any losses related to trading or market volatility) for at least 9 months following the offer end date of 4/30/2021 or your bonus may be recovered.
- Bonus may be refused or recovered if it is determined that you violated Santander Investments’ Account Agreement.
(Expired) Santander Bank $50 Referral Bonus
Earn a $50 bonus when you refer a friend!
Earn $50 bonus credit from Santander Bank when you refer a friend to open a new Checking account and complete the requirements.
Editor’s Note: As of 1/21/2021 the referral program is currently closed, please check back to this post to see when it’s open to use again.
- Account Type: Checking account
- Availability: NH, MA, RI, CT, DE, NY, NJ & PA
- Early account termination fee: $25 if closed within 90 days of account opening
- Household limit: None listed
(No Expiration Date)
How to Earn $50 Referral Bonus
EARN BONUSFINE PRINT
- 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.
- Offer cannot be combined with other checking cash bonus offers.
- Limit of one bonus per qualifying account.
- Furthermore, please allow up to 10-14 days after completion of all requirements of this offer, for delivery of the digital Visa Prepaid Card.
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
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Bottom Line
Santander Bank is a great bank option for new sign-up promotions when are available. Additionally, these bonuses are great because they have a soft pull, so your credit score is not affected. Furthermore, they also offer a lot of online services to help you control your financial future.
Additionally, Santander Bank has a full array of products and services, including checking and savings, loans, business service, mortgages, investments, insurance, and more.
Furthermore, they provide great options for Checking, Savings, Money Market, and CD Account. However, you may also want to compare with the nation’s best savings rates and CD rates.
Compare Santander Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Finally, check back at this page for updated Santander Bank Bank promotions, bonuses, and offers.
Excelent page. Very helpfull.
Please let me know the way to get de Santander Code to apply for the $400.00 bonus in a personal checking account, bonus available untill Octuber 29/2021
Thank You and have a great day.
This site was really helpful
pls send me the 400$ promo code for new santander checking account
Does anyone know the current Santander $400 checking account BONUS CODE? It ask for the promotional code when applying/ Thanks
This blog about Santander Bank Promotions: $50, $225, $370
Checking Bonuses has helped me a lot, is very well written.
I did monthly transfers from a Chase checking account and it triggered the bonus.
Previously I received a bonus 2 months after making a direct deposit. If anyone is considering opening an account with Santander, don’t hesitate to use my referral link https://santander.extole.io/s/gaoyuan_
both of us will receive an additional $50 friend referral bonus.
I qualify for a $400 bonus but I need to direct deposit $2000 within 3 months. I get direct deposit in another bank which I could switch to Santander but it’s only $490 a month. Does anybody if I can use a third party like PayPal, transfer from there into Santander, and have them count it as direct deposit? The bonus expires 5/31/19.
clearly requires direct deposit
NOT nationwide for the $150 bonus.
do you need to own a business?
Opened non preferred business checking today and code was BIZCASHBONUS
If anyone is considering opening an account with Santander, don’t hesitate to use my friend referral link http://bit.ly/2kOM8Ib – both of us will receive an additional $50 friend referral bonus.
I did receive a little trouble with this $150 bonus that they offered a while ago. However, I followed up a few times and eventually got it. Other than that, I haven’t had any trouble with this bank.
This bank has 993 consumer complaints. Even the US govt. warned them of their practices. I opened an act. and their system was down for 2 days. I quickly closed it. Beware!