Santander Checking Get $20/Month FREE EVERY MONTH (Must Use Direct Deposit & Bill Pay)
Thread DetailsLast Edited by coreynyc October 31, 2013 at 05:17 PM
So, that's $20/month free (counted as interest) in perpetuity (until they eliminate this type of account) for normal banking activity. Pretty sweet, IMHO.
I'll leave it up to you guys to figure out all the particulars about how Paypal & other transfers will count as Direct Deposit and other such normal SD banking tricks/tools.
The fine print:
To receive extra20 bonuses, you must have both an extra20 checking and an extra20 savings account (minimum opening deposit of $25 and $10, respectively). Conditions to receive bonuses: You will receive a $10 Direct Deposit bonus with direct deposits of $1,500 or more to your extra20 checking account in a service fee period. If you qualify for the Direct Deposit Bonus and you pay two bills from your extra20 checking account through the BillPay tab in Online Banking in the same period, you will receive the $10 BillPay bonus. Bonuses will be credited to your extra20 savings account on the first business day after your extra20 checking account service fee period ends. Your bonuses will be reported as interest on a Form 1099-INT in the year received. Limit 1 extra20 package per person.
**If your mail was tampered with, please contact the Postal Inspectors . This is a federal crime and these guys take mail security very seriously. -from a postal worker on SD**
I thought this was very important info to be put in the wiki and hence put it up here. Mods: please feel free to move this to another location if required.