Promo Code FAQs

• Qualifying direct deposits include your:

  • Paycheck

  • Pension

  • Government benefits (such as Social Security)

  • Other eligible regular monthly income from your employer or the government that is electronically deposited to your checking account

• Qualifying direct deposits do not include:

  • Teller deposits

  • Wire transfers

  • Debit card transfers

  • ATM deposits

  • Online and Mobile Banking transfers or deposits, person-to-person transfers (such as Zelle® or Venmo™)

  • Merchants using a debit card as a cash advance to fund their payroll

• To earn the new customer cash bonus, you must be:

  • A new Santander checking or savings customer

  • 18 years or older.

  • A resident in NH, MA, RI, CT, DE, NY, NJ, PA, and FL ZIP codes in Miami-Dade, Monroe, and Broward counties.

Please note: unless the offer specifically states it, you can’t combine this offer with any other cash bonus offers. No double-dipping!

• That depends on your offer details.

  • If the offer details say the cash bonus offer is only available for new checking account customers, then customers who have had a Santander checking account in the last 12 months are not eligible for a cash bonus.

  • If the offer details say the cash bonus offer is only available for adding a Santander consumer savings account to accompany your Santander consumer checking account, then current Santander consumer checking customers who do not already have (or have had in the past 12 months) a savings account or money market savings account are eligible.

• • Cash bonus promotional codes are usually assigned to individuals. As a result, the code will not work again once the addressee (originally intended recipient) redeems it.

• • You must provide the promotion code when you open your new account.

  • You should receive an email from us within the first two weeks of opening your account with a link to important details about your cash bonus.

  • We’ll also send a reminder email so you can take the necessary steps in time to get your cash bonus.

• • No. To earn the cash bonus, you’ll need to meet all of your offer requirements during the eligible dates of the promotional offer.

• • Unless the offer terms require opening multiple accounts at the same time (for example, a new consumer checking and new consumer savings account), only one new account will be eligible for the bonus.

  • The new checking account cash bonus cannot be combined with any other checking bonus offers.

• • You’ll need to provide the promotional code when you open your new account during the eligible dates of the promotional offer.

  • For your convenience, you have a 14-day grace period from the date you open your account to provide your promotional code.

• For example, if you open your account on June 1, your promotional code needs to be added by June 14.

  • Your evaluation date will still be calculated from that enrollment date of June 1, regardless of when your promotional code is added.

• • Once you’ve completed the necessary requirements, your cash bonus will be paid with a deposit to your account within 30 days. You’ll also need to keep your account open and in good standing until we deposit your bonus payment.

• • Yes. Any time you get a bonus for opening a new account, whether in the form of cash or merchandise, that bonus is considered interest and will be reported to the IRS on Form 1099-INT at the end of the year. When in doubt, though, check with a tax professional.