$225/$350 Santander Bank Checking Bonus (Targeted)

Update: There’s also a similar targeted bonus of $350. Get $350 when you open a new Simply Right® Checking ($25 minimum opening deposit), Santander Basic Checking ($25 minimum opening deposit), or Santander Premier Plus Checking ($50 minimum opening deposit) account between 1/10/17 and 3/31/17, and have direct deposits totaling $2,000 or more post to this account within the first 90 days of account opening. (HT: DoC)

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Again you will need a promo code to sign up in branch, by phone (855 806 6515), or online.

If you want a guaranteed bonus, you can check out this $150 offer from Santander that’s publicly available. It expires tomorrow, but most likely it will be extended again.


Get $225 when you open a new Simply Right Checking ($25 minimum opening deposit), Santander Basic Checking ($25 minimum opening deposit), or SantanderPremier Plus Checking ($50 minimum opening deposit) account between 1/10/17 and 3/31/17. To get the bonus you need to have direct deposits totaling $500 or more post to this account within the first 90 days of account opening.

Santander Bank Checking Bonus

BE CAREFUL! You can use promo code F0GO06J0APR00RU to sign up in branch, by phone (855 806 6515), or online. The offer was sent through a mailer but it is transferable and it looks like it can be used multiple times. But code could be limited to a certain number of uses and since it was shared on a few days ago, it might already be dead.

Terms say the following:

Offer is transferable until redeemed by addressee in corresponding mailer; and we reserve the right, in our sole discretion, to limit the number of times this promotion code may be used.

It’s probably best to apply in person or by phone so you can verify that the code is still valid or if you using someone else’s code. If anyone has other codes they’re not planning to use, please share in comments.

You must be 18 years or older. Offer cannot be combined with any other bonus offers. Your Promotion Code must be entered at new account opening to be eligible for this offer.

The account needs to be open for at least 90 days and remain open in an eligible account type until payment of bonus, which will occur within 30 days thereafter.

Direct Deposits

Direct deposits include deposits made by your employer or a federal or state government agency or retirement benefits administrator and generally payments made by corporations or other organizations. It does not include deposits to your Account that are made by an individual using online banking or an Internet payment provider such as PayPal.

That’s the fine print in the offer, which is pretty specific compared to other banks. Best option is to direct deposit your paycheck if that’s possible, but ACHs have also worked in the past, with the same language in terms.


Offer Details

  • Apply here (Or by phone at 855 806 6515 or in-branch)
  • Promo Code: F0GO06J0APR00RU
  • Account Type: Simply Right Checking (best option)
  • Availability: Nationwide
  • Expiration Date: 3/31/2017
  • Inquiry Type: Soft pull
  • Credit Card Funding: Up to $500 (Online)
  • Direct Deposit Requirement: Yes (total of $500 within 90 days)
  • Other requirements: No
  • Monthly Fee: 10 (waiveable with one monthly transaction)
  • Closing Account Fee: Must be kept open for 90 days to receive bonus

The best option is the Simply Right Checking account, which has a higher fee than Basic checking, but it is waiveable. All you need to do is one transaction a month to keep it fee-free, such as bill pay. To get the bonus, just open the account with $500 credit card funding (set CA fees to $0) and then do a direct deposit of $500. 

HT: slickdeals

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2 thoughts on “$225/$350 Santander Bank Checking Bonus (Targeted)

  1. Danny, since the code was shared on SD, I’m pretty sure a lot have used it and may be disappointed later if they don’t get their bonus. I got a unique code in a postcard via snail mail so I’m sure there are unique codes floating around for ONE TIME use only.

    I think you can put this caveat before newbies try the code and Santander refuses to give them the bonus.

    • Thanks Mimi. That’s why I added that it’s best to apply by phone or in branch since it’s probably possible to check beforehand if you’ll get the bonus. I’ll make that more clear though.

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