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forum thread Posted by virals1012 • Mar 17, 2022
forum thread Posted by virals1012 • Mar 17, 2022

Santander Bank: Get up to $500 Bonus cash - New Checking Account offer

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Get your cash bonus when you open a new eligible checking account by 4/5/2022 and have direct deposits of:
* $4,000 or more to receive a $300 bonus;
* $6,000 or more to receive a $400 bonus;
* $8,000 or more to receive a $500 bonus
post to the new account within the first 90 days, starting the first Business Day after account opening.

Eligible accounts are Santander ® Private Client Checking, Santander Select® Checking, Simply Right® Checking, or Santander Basic Checking. All accounts require $25 minimum opening deposit.

Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, PA, or FL.

https://www.santanderbank.com/pag...pto500-acq
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Deal Details
Community Notes
About the Poster
Get your cash bonus when you open a new eligible checking account by 4/5/2022 and have direct deposits of:
* $4,000 or more to receive a $300 bonus;
* $6,000 or more to receive a $400 bonus;
* $8,000 or more to receive a $500 bonus
post to the new account within the first 90 days, starting the first Business Day after account opening.

Eligible accounts are Santander ® Private Client Checking, Santander Select® Checking, Simply Right® Checking, or Santander Basic Checking. All accounts require $25 minimum opening deposit.

Offer is only available to residents of NH, MA, RI, CT, DE, NY, NJ, PA, or FL.

https://www.santanderbank.com/pag...pto500-acq

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18 Comments

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Mar 18, 2022
92 Posts
Joined Dec 2018
Mar 18, 2022
Stingrayy
Mar 18, 2022
92 Posts
Santander is one of the largest subprime auto lenders in the US. No problem to open an account and earn money from them. The deposit should be FDIC insured.
Mar 18, 2022
1,668 Posts
Joined Sep 2014
Mar 18, 2022
IK47
Mar 18, 2022
1,668 Posts
I used this bank for years. Got bonuses previously for both personal and biz accounts with ease.
Mar 19, 2022
1,386 Posts
Joined Sep 2015
Mar 19, 2022
soloma
Mar 19, 2022
1,386 Posts
I used to have a car loan with them. Can't forget that nightmare.
Mar 19, 2022
5 Posts
Joined Dec 2020
Mar 19, 2022
SeriousCaption7134
Mar 19, 2022
5 Posts
Bummer. I live in one of the qualifying states but got a message saying the checking accounts aren't available in my area yet.
Mar 20, 2022
5,931 Posts
Joined Aug 2010
Mar 20, 2022
aaba78
Mar 20, 2022
5,931 Posts
after bonus posts how soon can we take $ out?
Pro
Mar 20, 2022
8,793 Posts
Joined Jul 2006
Mar 20, 2022
Nattefrost
Pro
Mar 20, 2022
8,793 Posts
I used to mortgage my house with them. Time to get back some money back from them. Thanks .
Mar 20, 2022
690 Posts
Joined Jan 2008
Mar 20, 2022
theplayer
Mar 20, 2022
690 Posts
basic checking has $3/mth fee(can't be waived), choose simply right checking($10/mth fee)but waived with 1 transaction a month
1

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Mar 20, 2022
690 Posts
Joined Jan 2008
Mar 20, 2022
theplayer
Mar 20, 2022
690 Posts
I opened account for myself, then wife tried later and received:
"Unfortunately, we can't open an account for you at this time."

Same address the problem? Different promo code entered and different email address.
Mar 21, 2022
60 Posts
Joined Dec 2016
Mar 21, 2022
Todd444
Mar 21, 2022
60 Posts
What ways can you have a direct deposit to the account besides from a paycheck from work?
Mar 21, 2022
690 Posts
Joined Jan 2008
Mar 21, 2022
theplayer
Mar 21, 2022
690 Posts
Quote from Todd444 :
What ways can you have a direct deposit to the account besides from a paycheck from work?
clear as mud? what is "individual using online banking"?...that would be ACH
"Santander considers direct deposits to be automatic electronic deposits made through the ACH network to your account by someone else, such as an employer issuing payroll or a government or retirement plan paying benefits. It may not include deposits to your account that are made
by an individual using online banking,
an internet payment provider, or a merchant advancing payroll using a debit card."
Edit:
google:
The ACH-based payouts popularly referred to as direct deposits include:

-Salary and wages

-Social Security and pension benefits

-Tax refunds

However, not all ACH deposits are referred to as direct deposits. The term is generally not used when referring to transactions like peer-to-peer transfers and online bill payments made through banking portals, even though these deposit types use the same underlying ACH protocol.
Last edited by theplayer March 21, 2022 at 04:49 AM.
Mar 21, 2022
75 Posts
Joined Jan 2016
Mar 21, 2022
EMBelanger
Mar 21, 2022
75 Posts
Should add to OP: "FL (limited to Miami-Dade, Monroe, and Broward counties, including ZIP code 34141)"

Have been tempted by their offers in the past but never eligible bc I am not in south FL.
Mar 21, 2022
310 Posts
Joined Mar 2007
Mar 21, 2022
captaindingbat
Mar 21, 2022
310 Posts
Do you need to maintain the $8k in the account for 90 days to qualify for the bonus? Seems like you just need direct deposit of $8k but can withdraw at anytime.
Mar 21, 2022
655 Posts
Joined Nov 2021
Mar 21, 2022
jim99
Mar 21, 2022
655 Posts
Favorite bank of the cartels! All about cash flow...
1
Mar 21, 2022
23 Posts
Joined Nov 2018
Mar 21, 2022
EagerBreakfast212
Mar 21, 2022
23 Posts
Horrible customer support from Santander bank. Each representative gives a different story about the same issue. And their online account opening is a joke!!!

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Apr 6, 2022
18 Posts
Joined May 2019
Apr 6, 2022
FairSnake729
Apr 6, 2022
18 Posts
Quote from aaba78 :
after bonus posts how soon can we take $ out?
call and close the account

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