Santander currently offers a $150 bonus that is available nationwide. It’s one of the best bank bonus and is consistently ranked near the top of our rankings. It requires a $500 direct deposit, but we have lots of datapoints on what works and you can fund $500 with a credit card.
A lot of people opened a Santander checking account when they were offering $20 per month, but that deal has ended unfortunately. The good news is that if you read the fine print of the current $150 bonus (or you have a helpful reader called DLR point it out to you) you’ll notice the following fine print:
- Offer is not available to current or former Santander customers who opened a Santander checking account between 01/01/2016 – 12/31/2016
This means if you opened your account before 01/01/2016 (and that will be a lot of you) you’ll be eligible for another bonus. This should also reinforce how important it is to keep records containing opening, closing and other relevant dates. You can read more about the current $150 Santander bonus here, and our list of the best checking bonuses here.


