Are you looking to boost your finances with a quick and easy bonus? Santander Bank is offering a fantastic opportunity for new customers in select states. You can earn a $400 bonus when you open a new Santander Select® Checking, Simply Right® Checking, or Santander® Private Client Checking account. This is a limited-time offer, so if you’re in the market for a new Bank Na and want to get rewarded, keep reading!
Santander Checking Bonus: Your Path to $400
This lucrative offer is designed to welcome new customers to the Santander family. To grab this bank na bonus, you need to open one of the eligible checking accounts by December 31, 2024. The accounts that qualify for this promotion are:
- Santander Select® Checking
- Simply Right® Checking
- Santander® Private Client Checking
All of these accounts require a minimum opening deposit of just $25, making it accessible to a wide range of individuals looking for a new bank na.
Key Requirement: Direct Deposits
To unlock the $400 bonus, you’ll need to set up direct deposits totaling $5,000 or more within the first 90 days of account opening. This means having your paycheck, pension, government benefits, or other regular income electronically deposited into your new Santander checking account.
It’s important to note what doesn’t count as a qualifying direct deposit. Teller deposits, wire transfers, ATM deposits, online/mobile banking transfers, person-to-person transfers (like Zelle® or Venmo), and merchant-advanced payroll using a debit card are not considered direct deposits for this offer. Make sure your direct deposits are from eligible sources to ensure you receive your bank na bonus.
Who Can Benefit from this Bank na Offer?
This offer is geographically restricted to residents of specific states: New Hampshire (NH), Massachusetts (MA), Rhode Island (RI), Connecticut (CT), Delaware (DE), New York (NY), New Jersey (NJ), Pennsylvania (PA), and Florida (FL). However, for Florida residents, online eligibility is limited to ZIP codes within Miami-Dade, Monroe, and Broward Counties, including ZIP code 34141. So, if you are in these regions and searching for a bank na with a great bonus, Santander could be your answer.
There are also customer status limitations. This offer is for new checking account customers only. You are not eligible if you are currently a Santander checking customer or have had a Santander checking account within the 12 months prior to opening this new account. Also, this offer cannot be combined with any other bonus offers.
Claiming Your $400 Bank na Bonus
Claiming your bank na bonus is straightforward, but you must follow the steps carefully. When you open your new account, you need to enter the Promotion Code. It’s crucial to enter this code during the initial account opening process. If you forget, it can only be added or changed within 14 days of account opening if presented at a branch.
The account must remain open in an eligible account type until the bonus is paid out, which will happen within 30 days after you meet the direct deposit requirement. The account also needs to be in good standing to be bonus eligible. The bonus is considered interest and will be reported to the IRS on Form 1099-INT. If you open multiple accounts with the same signer or ownership, only one account will be eligible for the bonus.
Important Details to Consider
Keep in mind that the Annual Percentage Yield (APY) as of September 1, 2024, is 0.01% for Santander Select® Checking and 0.03% for Santander® Private Client Checking. These rates are variable and subject to change. Fees may also reduce earnings.
This offer expires on December 31, 2024, and is subject to change or end at any time. Promotion of this offer may also end at any time. Make sure to take advantage of this bank na offer while it’s available!
Conclusion: Don’t Miss Out on This Bank na Deal
If you’re seeking a new bank na and reside in one of the eligible states, this Santander checking account bonus is a compelling deal. With a $400 bonus on the table for meeting simple direct deposit requirements, it’s a great way to boost your finances. Remember to use the Promotion Code when opening your account and ensure you meet all eligibility criteria and timelines. Open your new Santander checking account today and claim your bonus!
