Business Checking that just works
Your $15 Monthly Fee is waived if you do any one of the following within the service fee period1:
• Maintain $5,000 average daily balance in the checking account OR
• Maintain $10,000 in combined business deposit account balances with same ownership5 OR
• Have 3 or more purchases using a Santander® Business Debit Mastercard® post into your account OR
• Receive one or more Santander Merchant Services payments in your account3 OR
• Incur $50 or more in cash management service fees4.

These guidelines can help you determine whether Business Checking is the right fit for you.

Low Balances Transactions
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You have low transaction volumes and want a simple business checking account that supports your daily banking needs.
Evolve
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Your business needs a checking account that can evolve as you grow.
Ways to Waive Fee
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You want the flexibility of multiple ways to waive the Monthly Fee.

Whatever you need, we’ve got a checking account that makes sense for your business. Plus, every account offers the added convenience of Business Online Business and Mobile Business Banking and a Santander® Business Debit Mastercard®. Explore your options using this comparison chart.

Basic Desk and chair
Basic Business Checking
man with dolly in warehouse
Business Checking
man walking out of elevator
Business Checking Plus
Summary
Our no frills, lowest-cost business checking option
An ideal everyday business checking solution
A premium account for businesses seeking the rewards of a larger banking relationship
Best Choice If You Have
  • Low transaction volumes
  • Low average monthly balances
  • Low to moderate transaction volumes and monthly balances
  • A need for multiple ways to waive your Monthly Fee
  • High transaction volumes and multiple checking accounts
  • Need for cash management services such as ACH or Wires
Transactions Included Per Month
50*, then $0.60 per transaction
300*, then $0.60 per transaction
750*, then $0.60 per transaction
Monthly Fee
$7.50
$15
$50
Ways to Waive Monthly Fee
  • Maintain $1,500 average daily checking balance
  • Maintain $5,000 average daily checking balance OR
  • $10,000 in combined business deposit balances OR
  • Receive one or more Santander Merchant Services payments in your account within the service fee period OR
  • Incur $50 or more in cash management service fees within the service fee period OR
  • Have 3 or more purchases using a Santander Business Debit Mastercard post into your account within the service fee period
  • Maintain $40,000 average daily checking balance OR
  • $60,000 in combined business deposit account balances OR
  • Receive one or more Santander Merchant Services payments in your account within the service fee period  OR
  • Incur $50 or more in cash management service fees within the service fee period
Free Checks?
25% off first check order
25% off first check order
First Check order Free - Up to $100 in value

Business Checking offers many features that make your banking simpler and cost-effective:

Transactions
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Enjoy up to 300 basic transactions included with your account, per month.2
Seeking Funds
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No fee on cash deposit processing up to $10,000 each service fee period2
 

Discover additional services that may benefit your business.

Lending Fam
Merchant Services
Payments and Processing

1Basic transactions include checks paid, teller deposits, ATM deposits, Money Center deposits, deposited Items, and ACH items (electronic debits and credits not originated by customer). Santander Merchant Services (credit and debit card payment processing) and Santander Payroll Services ACH debit items are not included. Business Checking, Business Interest Checking, Basic Business Checking and Business Checking Plus basic transaction limits also include Santander Check Deposit Link batch deposits, Santander Check Deposit Link items processed, and Santander Check Deposit Link ACH converted transactions. Service Fee Period means the period beginning on the day regular service fees, such as monthly fees, are posted to your Account and ends on the day before service fees are next posted to your Account. This may not always be a calendar month.

2Avoid monthly maintenance fees by maintaining the required combined average daily balance in this account plus additional business checking, money market savings (excluding Commercial Money Market Savings), and savings accounts owned by the same business entity. Only balances in these combined accounts owned by the same business entity can be considered when calculating the combined balance.

3A payment from Santander Merchant Services deposited during the service fee period to a Business Checking or Business Checking Plus account will waive the Monthly Fee for that checking account.

4Cash management (account analysis) service fees are charged to your account in the current month for the prior calendar month’s activity and include but are not limited to fees for advanced payments and receivables services, some business online banking services, excess account activity, and cash/coin processing. The period that your Account Analysis statement represents can be different than your deposit account service fee period.

5The amount of cash deposit processing included in your account is up to $10,000 per statement period. Once your total deposit exceeds $10,000 there is a $0.27 charge per $100, unless Express Cash Pack® service is used then the charge is $0.22 per $100 deposit.
 

Santander Bank, N.A. is a Member FDIC and a wholly owned subsidiary of Banco Santander, S.A. © 2021 Santander Bank, N.A. All rights reserved. Santander, Santander Bank and the Flame Logo are registered trademarks of Banco Santander, S.A. or its subsidiaries in the United States or other countries. The MasterCard Brand Mark is a registered trademark of MasterCard International Incorporated. Quicken and QuickBooks, are trademarks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. All other trademarks are the property of their respective owners.

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