Available nationwide and a great chance for anybody looking for a rewarding bank account, Santander Bank offers a bonus of $20 per month ($240 a year) from their extra20 banking account! This is a great package that comes with a savings and checking account. To qualify for this bonus, you need to have a direct deposit of $1,500 or more and pay 2 bills per month with online or mobile Billpay. You receive $10 in your extra20 savings account for completing each requirement. Santander is the first bank in the United States that actually pays you for having an account! If you want to hear more about the account, I’ll go ahead and lay out the top 5 reasons to sign up for an extra20 account with Santander Bank.

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Earn Santander Bank $20 Bonus Per Month:

1. Click on the “Open Account”  to sign up. To qualify for the $20 monthly bonus, you must open an extra20 checking and a linked extra20 savings account.
2. Make direct deposits of at least $1,500 to your checking account each month.
3. Pay two bills or more each month using Santander’s online bill pay service.

Top 5 Features of extra20 Banking Account:

1. $20 per Month Bonus: Santander Bank will award you with a $20 bonus every month as long as you have a monthly direct deposit of $1,500 or more and pay 2 bills per month with online or mobile Billpay. Many people are using ACH transfers to trigger the direct deposit requirement, but Santander Bank is now cracking down on P2P transfer and won’t accept it as a direct deposit.
2. Santander Switch Services: A dedicated Santander Switch Services agent will make your transition easy, accurate, and secure by managing the transfer of your direct deposits, online banking bill payees, and recurring automatic payments. All you have to do is choose Switch Services during the online account opening process or open your account and then call (888) 875-5089.
3. extra20 checking: This is a solid checking account for customers looking for a simple package with no hidden fees. There is only a $10 monthly fee that can be easily avoided when you transfer $1,500 or more in total direct deposits for the month. You also receive your first order of Santander checks for free.
4. extra20 savings: The savings half of the extra20 package features competitive rates and the security of FDIC insurance. You can also enjoy easy transfers to and from your checking account.
5. Santander Online Banking with BillPay: You are 100% guaranteed against fraud and late bill payments, and you receive 24/7 access to account balances, transaction history and more. You also have the ability to receive electronic versions of your bills and statements with online banking and the mobile banking app.

If you like the sound of a checking account that pays you to use it, the Santander extra20 account is right for you. When you use your account for basic purposes like direct deposit and paying bills, you can earn up to $20 every month! An account like this doesn’t come around very often, so I would suggest taking advantage of this opportunity while it lasts- especially if you live near a Santander Bank branch. You can compare this bonus with other offers from our comprehensive list of bank bonuses!

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