I’ve written a few times about Santander’s extra20 checking account, urging people to sign up. It’s an easy $240 annually, with no effort besides the initial set up. You need just $1500 tied up, so that works out to a 16% return, much better than any APR out there.
Those who already have the extra20 checking accounts shouldn’t have problems for now. You will still get $10 every month for a $1,500 direct deposit and another $10 for two bill payments. Let’s hope it lasts.
Santander has introduced a more conventional $150 bonus which is still available.