A camera with text “Waive & Smile” and description of Simply Right Checking account.

Simply Right® Checking

Simply Right® Checking is as easy to use as the name suggests. Just a simple checking account with no hassles, no surprises, and no "gotchas." As long as you make one transaction every month, you can easily avoid the monthly checking account fee. In a nutshell, it's everything checking should be: simple, convenient, and fair.

Learn How to Easily Avoid the Monthly Checking Account Fee

Simply make one transaction – a deposit, withdrawal, transfer, or payment – posted during the calendar month to waive the Monthly Fee of $10.

Useful Links and Documents

How to Open a Checking Account
Product Guide and Fee Schedule
Personal Deposit Account Agreement
Frequently Asked Questions
Get Started Guide
Account Opening Options

 
 
 
 

Simply Right Checking Features

Icon of dollar sign and arrows point forward.

Easy to Waive the Monthly Fee

Simply make one transaction – a deposit, withdrawal, transfer, or payment – posted during the calendar month to avoid the $10 Monthly Fee.

Calendar icon.

Simple
Calendar

No special dates to remember – the service-fee period on your checking account is aligned to the calendar month, every month.

Wallet icon with cash and coins.

No Minimum
Balance

Enjoy no minimum balance requirements.

3 stacks of coins growing higher with a plus sign.

Savings Account Benefit

This account waives the Monthly Fee for Santander® Savings1 or Santander® Money Market Savings.2

Stack of documents.

No Fee Paperless Statements

Choose Paperless in Online Banking to receive Paperless Statements for no fee.

 
 
 
 

Benefits of Banking with Us

Credit card icon.
Convenience
  • Over 650 branches and more than 2,000 Santander ATMs across the Northeast, including many CVS/pharmacy® locations.
  • Online and Mobile Banking.
  • Pay in a simple, secure and convenient way with Apple Pay®.
  • Mobile Check Deposit.
  • A Debit MasterCard® for your everyday on–the–run purchases.§
  • Monitor your balances or activity with customizable alerts.
Lock icon.
Security
  • FDIC Insurance coverage up to applicable limits.
  • Online Banking Guarantee.§§
  • Real-Time Fraud Monitoring.
Service bell icon.
Service
  • Toll-free number to speak to a Personal Banking Representative.
  • Switch Services team to help if you're moving from another bank.

Not Sure if Simply Right Checking is Right For You?

Banking should be easy, convenient, and tailored to your personal and financial needs. You can choose from several different checking account options at Santander Bank. Whether you’re looking for just the basics or premier benefits, we’ll have something for you. Compare checking accounts to find your ideal fit.

  Student Value
Checking
Santander® Basic
Checking
Simply Right®
Checking
Santander® Premier Plus Checking
For you if you want? No Monthly Fee Predictable Monthly Fee Easy to waive Monthly Fee Banking Relationship waives the Monthly Fee
Key Benefits No Monthly Fee, no monthly balance requirements and mobile and online tools that help students to manage their money are available Account with a predictable Monthly Fee No minimum balance. To avoid the Monthly Fee simply make one transaction - a deposit, withdrawal, transfer or payment - posted during the calendar month A Personal Banker and suite of services and benefits for those with combined balances of $75,000 or more in deposits and investments and/or $6,000 in direct deposits
Monthly Fee $0 $3 $10 $35
How to Waive the
Monthly Fee
No Monthly Fee Cannot be waived By making at least one financial transaction (deposit, withdrawal, transfer, or payment) during the calendar month By maintaining $75,000 in combined balances in deposits and investments held with Santander Investment Services or $6,000 in total monthly direct deposits
Interest Earning No No No Yes
Minimum Opening Deposit $10 $25 $25 $50
Statement Delivery Options (per statement) Free Paperless
Statements with
Online Banking or $3 per paper statement
Free Paperless
Statements with
Online Banking or $3 per paper statement
Free Paperless
Statements with
Online Banking or $3 per paper statement
Free Paperless
Statements with
Online Banking or paper statement
Cash Withdrawal Fee: Domestic Non-Santander ATM3 $2 $3 $3 $0
Savings Account Benefit This account waives
the Monthly Fee for
Santander® Savings1 or Santander® Money Market Savings2
This account waives
the Monthly Fee for
Santander® Savings1 or Santander® Money Market Savings2
This account waives
the Monthly Fee for
Santander® Savings1 or Santander® Money Market Savings2
Santander® Premier Plus Money Market Savings - exclusive to Santander Premier Checking customers
  Learn More Learn More Learn More Learn More

May We Also Suggest?

Per service fee period.

1 No Monthly Fee for Santander® Savings with any customer Santander checking account or with $100 average daily balance in the Santander® Savings account (otherwise, $1.00). All other fees apply.

2 No Monthly Fee for Santander® Money Market Savings with any consumer Santander checking account or with $10,000 average daily balance in the Santander® Money Market Savings account (otherwise, $10.00). All other fees apply.

3 Domestic ATMs are ATMs in the 50 United States, the District of Columbia and Puerto Rico. ATM owner may charge a separate fee.

§ Available for Checking account customers.

§§ Please refer to your Online Banking or Personal Deposit Account Agreement for details on your responsibility for promptly reporting unauthorized transactions.

>> You can withdraw funds from your Money Market Savings account no more than 6 times by computer, telephone, preauthorized transfer, check, or Debit Card purchase each service fee period. Fees apply if you exceed these limits, and if you repeatedly exceed these limits, we will close your account or convert your account to a checking account.

▲▲▲ Santander® Ultimate Cash BackSM Annual Percentage Rates (APRs) and Fees: 3% introductory Annual Percentage Rate (APR) for 12 billing cycles on balance transfers made within 90 days of opening your account. After the introductory period, a variable APR for balance transfers from 15.49% to 24.49% based on the Prime Rate and your creditworthiness, with a transaction fee for each balance transfer of $0. There is no grace period on balance transfers. Also if you take a balance transfer offer, this means that unless your purchase APR is at an introductory or promotional 0% APR, you will pay interest on new purchases from the date made if you do not pay all balances, including the promotional balance transfer, in full by the next payment due date appearing on your statement. Variable APR for purchases from 15.49% to 24.49% based on your creditworthiness when you open your account. Cash advance APR of 25.99%. Minimum finance charge of $1.50. Penalty APR of 30.99%, which may apply indefinitely to your account if you miss payments or otherwise default. There is no annual fee. Rates effective as of 12/01/2017. Rates are subject to change. Late payment fee and finance charges will still apply. 1.5% cash back via statement credit, gift cards or merchandise on net new retail purchases with no limits on how much you can earn. Earn $100 cash back via statement credit after you spend $500 on net new retail purchases within the first 90 days of opening your account. This credit can take up to 6 weeks to be processed. Late payment fee and finance charges will still apply. Credit card accounts are subject to approval.

* Bonus Offer Details: Accounts must be in good standing. Applies to net new retail purchases only. Net new retail purchases: qualifying purchases less credits, returns, and adjustments. Balance Transfers, Cash Advances, including purchases of money orders or other cash equivalents, purchases made by or for a business purpose, fees, interest charges, unauthorized/fraudulent transactions, and certain other charges do not earn cash back credit. The cash back balance on your account does not expire for accounts in good standing. Cash Back in the form of statement credit upon your request. Receive the $100 cash back bonus via statement credit: When you spend $500 on net new retail purchases using the Santander® Ultimate Cash BackSM credit card, or when you spend $1,000 on net new retail purchases using the Bravo credit card, within the first 90 days of opening your account. $100 cash back is credited to customer account within 6 weeks after spending requirements are met. Other terms and conditions apply.

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.

Apple, the Apple logo, Apple Pay and Touch are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

app storegoogle play