Santander Bank Promotions and Bonuses

Santander Bank is a subsidiary of Santander Group – a Spanish financial services company.

The Spanish mother company was founded in 1857, making it over 160 years old. In the US, however, Santander Bank was previously called Sovereign Bank, founded in 1902.

Santander Bank is based in Boston, and they service the Northeast and Florida with 650 retail banking locations and more than 2,000 ATMs. Its current deposits amount to $57.5 billion.

Current Best Santander Bank Promotions

Here are the active Santander Bank bonuses that you can benefit from today:

1. Santander Select® Checking - up to $600 bonus

Available in select states with the ability to open online, Santander Bank is offering up to a $600 welcome bonus when you open a new Santander Select® checking account and set up direct deposit. This is a tiered bonus paying $400 to meet the direct deposit requirements and $200 for an optional daily balance requirement.

Keep in mind that you'll need to enter your information (name and email address) on the promo's landing page in order to receive your unique code, which you'll then use on the online application to enroll in the promotion.

A heads up to Florida residents that this promotion is limited to certain zips within Miami-Dade, Monroe, and Broward counties. Fortunately, the fine print says that outside of these counties, "the offer is not available for redemption online", so you may still have luck in-branch.

Santander Bank : Santander Select® Checking

Bonus Amount
up to $600
Account Type
Personal Checking
Offer Expires
Jan 28, 2022
Bonus Requirements
  1. Open a new Santander Select® Checking account using the link below.
  2. Within 90 days, make direct deposits totaling $6,000 or more.
  3. Keep your account open for at least 90 days to receive $400.
  4. Get an additional $200 bonus if you maintain a $6,500 minimum daily balance for the first 90 days.
  5. Bonus will be paid within 30 days of the initial 90 day period.

2. Business Checking - $450 bonus

Back for 2022, Santander Bank is again offering new business checking account customers $450 for opening a new Business Checking or Business Checking Plus account.

This time around, however, the balance requirement has increased quite a bit: from the previous $3,500 to the now $10,000. The reward, unfortunately, stayed the same. So, you'll want to enroll in their $500 business checking bonus instead, for as long as that one is live.

Like before, the balance requirement is based on an average daily balance. That means you don't necessarily need to deposit $10,000 on day one, but the longer you wait to make a deposit, the higher the deposit needs to be in order to average out. They provide more details in the fine print!

Keep in mind that, like most business accounts, you'll need to go in-branch to open. Be sure to mention the promo BUS450Q421 to enroll in the offer.

Santander Bank : Business Checking

Bonus Amount
Account Type
Business Checking
Offer Expires
Jan 28, 2022
Bonus Requirements
  1. Open a new Business Checking or Business Checking Plus account using the promo code BUS450Q421.
  2. Deposit $10,000 and maintain that balance for 90 days.
  3. Keep your account open for at least 90 days.
  4. Bonus will be paid within 30 days of the meeting the requirements.

Summary: Santander Bank's Current Bonuses

Here’s a recap of the current Santander Bank promotions and offers that you can claim right now:

Account Account Type Amount Expires Requirements
Santander Select® Checking Personal Checking up to $600 Jan 28 Direct Deposit, Min Balance (optional) Details
Business Checking Business Checking $450 Jan 28 Min Balance Details

Expired Offers From Santander Bank

These bonuses were recently offered by Santander Bank, but are not available at this time through our site. Check back often as Santander Bank may reactivate these deals or offer similar promotions in the future.

Find Out More About Santander Bank


824 North Market Street, Suite 100
Wilmington, DE 19801
Santander Bank Website