Santander Bank $400 Checking Account Bonus: Limited-Time Offer

Looking for a new checking account with a sweet bonus? Santander Bank is offering a $400 bonus when you open a new Santander Select® Checking, Simply Right® Checking, or Santander® Private Client Checking account! This is a fantastic opportunity to earn extra cash just by setting up direct deposit. But hurry, this offer is only valid until December 31, 2024.

How to Snag Your $400 Santander Bonus

Getting your hands on this bonus is straightforward. Here’s what you need to do:

  • Open a New Account: Start by opening one of the eligible Santander checking accounts: Santander Select® Checking, Simply Right® Checking, or Santander® Private Client Checking. You’ll need to make a minimum opening deposit of $25.
  • Set Up Direct Deposit: Within the first 90 days of account opening, you need to have direct deposits totaling $5,000 or more post to your new account. Remember, the 90-day period starts the day you open your account (or the next business day if opened on a weekend or holiday).

Important Details You Need to Know

Before you rush to open an account, here are some key details to keep in mind:

  • Limited Time Offer: This offer expires on December 31, 2024, so don’t wait too long!
  • Eligibility: This offer is for new checking customers only. You’re not eligible if you currently have a Santander checking account or had one in the past 12 months. It also can’t be combined with other bonus offers.
  • Location, Location, Location: You must be a resident of NH, MA, RI, CT, DE, NY, NJ, PA, or FL to qualify. Florida residents, take note: online applications are only eligible for ZIP codes within Miami Dade, Monroe, and Broward Counties (including ZIP code 34141).
  • Keep Your Account Open: Make sure to keep your account open in an eligible account type until the bonus is paid, which will happen within 30 days after you meet the requirements. The account also needs to be in good standing.
  • Tax Implications: The bonus is considered interest and will be reported to the IRS on Form 1099-INT.

Eligible Santander Checking Options

Here’s a quick look at the eligible checking accounts:

  • Santander Select® Checking: Offers a small APY of 0.01% (as of 09/01/2024, rates may change).
  • Santander® Private Client Checking: Comes with a slightly higher APY of 0.03% (as of 09/01/2024, rates may change).
  • Simply Right® Checking: (APY rate not specified in the original text, further research might be needed to add value).

What Counts as Direct Deposit?

Qualifying direct deposits include your regular paycheck, pension payments, government benefits like Social Security, or other recurring monthly income electronically deposited by your employer or the government.

Not included are teller deposits, wire transfers, debit card transfers, ATM deposits/transfers, online/mobile banking transfers, person-to-person transfers (like Zelle® or Venmo), or merchant-advanced payroll via debit card.

Don’t Miss Out on This $400 Bonus!

This Santander Bank promotion is a great way to boost your savings with a quick $400 bonus. If you meet the eligibility criteria and are looking for a new checking account, this limited-time offer is worth considering. Open your Santander checking account before December 31, 2024, and make sure to set up those direct deposits to claim your reward!

Lưu ý: Bài viết trên đã được viết dựa trên bài viết gốc và tối ưu cho các từ khóa liên quan đến chương trình khuyến mãi ngân hàng. Từ khóa “Sovereign Bank” không được sử dụng vì không phù hợp với nội dung bài viết gốc. Nếu bạn vẫn muốn tập trung vào “sovereign bank”, vui lòng cung cấp bài viết gốc phù hợp.

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