Available to qualifying residents of NH, MA, RI, CT, DE, NY, NJ, and PA, Santander Bank is currently offering you an opportunity to receive a $350 Bonus valid through June 30, 2019.
To earn the bonus you must have direct deposits totaling up to the total amount specified in your mailed offer to the account within the first 90 days. Then you’ll need to keep your account open for at least 90 days and open at the time of bonus payment. Once you meet these conditions, your bonus will be paid directly to your new account within 30 days. Keep in mind that this is a targeted offer. So with this in mind, you might want to talk to a customer service representative to see if you qualify. Check this Santander Bank Promotions list for all current offers from $150 to $500 cash bonus!
Credit goes to Caitlyn for letting us know about this bank bonus through our Rewards Program. Let us know if you find a new bank bonus and get paid!
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Santander Bank $350 Bonus Information
- Direct Link to Offer
- Santander $350 Checking Bonus
- Account Type: Premier Plus Checking, Simply Right Checking, Basic Checking
- Availability: NH, MA, RI, CT, DE, NY, NJ, PA (Bank Locator)
- Expiration Date: 03/31/2019
- Credit Inquiry: Soft Pull
- Opening Deposit: $25- $50
- Credit Card Funding: Unknown for business, $500 for personal.
- Direct Deposit Requirement: Yes
- Monthly Fee: $3- $35, see below on how to waive the fees.
- Additional Requirements: This is a targeted offer so you must have received the mailer to participate.
- Household Limit: Limit of 1 per account.
- Closing Account Fee: Must be open for at least 90 days in order to qualify.
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus. Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
Earn Santander Bank Bonus
- Open a new qualifying checking account from Santander Bank with an opening deposit ranging from $25-$30 by March 31, 2019
- Have direct deposits totaling up to the specified amount from your mailed offer to the account within the first 90 days.
- Keep your account open for at least 90 days and open at the time of bonus payment.
- Once you meet these conditions, your bonus will be paid directly to your new account within 30 days.
How To Avoid Monthly Fees
- Premier Plus Checking: Avoid the $35 fee by maintaining $75,000 in combined balances (deposits and investments) held with Santander Investment Services or have $6,000 in total direct deposits.
- Simply Right Checking: Avoid the $10 fee by making at least one financial transaction (deposit, withdrawal, transfer, and/or payment) during the calendar month.
- Basic Checking: The $3 fee is unavoidable.
If you sign up for a qualifying account from Santander Bank, you will have the chance to earn a $350 Bonus. In my opinion, this is a great offer if you qualify and the requirements aren’t tedious at all. However, keep in mind that this offer is only available to the person who received a mailer with a unique invitation number from Santander and cannot be combined with any other bonus offers.
Those of you who have banked with Santander Bank before, feel free to comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
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