* 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. If you must have a direct deposit to avoid the monthly fee or earn a cash bonus, we use this definition to determine eligibility.
To receive extra20® bonuses, you must have both an extra20® checking and an extra20® savings account (minimum opening deposit of $25 and $10 respectively). You receive a $10 Direct Deposit bonus with direct deposits of $1,500 or more to your extra20® checking account in a service fee period. If you qualify for the Direct Deposit Bonus and you pay two bills from your extra20® checking account using the BillPay feature in Santander’s Online or Mobile Banking in the same service fee period, you receive a $10 BillPay bonus. Bonuses are credited to your extra20® savings account on the first business day after your extra20® checking account service fee period ends. Your bonuses will be reported as interest on Form 1099-INT in the year received. Limit 1 extra20® checking and savings account per person.
§ 0.25% rate discount on home equity loans and lines, auto loans and personal loans and lines with automatic payments from any Santander checking account. All applications are subject to approval.
† Not counted as part of the combined balance are the following: mortgage loans; student loans; credit card balances, unsecured personal loans and lines of credit issued by FIA Card Services, N.A.; the unused portion of any Santander credit line; and indirect auto loans obtained through automobile dealers. We look at the actual investment account balances held in your brokerage account at Santander Investment Services as of the last business day of the prior calendar month, along with your loan and deposit balances, to determine if you are eligible for a waiver of the monthly fee.
‡ 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.
** Domestic ATMs are those in the 50 United States, District of Columbia and Puerto Rico.
*** ATM owner may charge a separate fee.
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