Student Banking

If you're a student age 16 through 22 years old1, Santander can make banking easy and affordable. That's because our Student Banking gives you the simple, straightforward features and timesaving services to fit your active, on-the-go lifestyle.

Other Features/Benefits:

  • Direct Deposit for fast, easy, safe access to paychecks and other recurring deposits
  • 0.25% rate discount on auto loans and personal loans and lines with automatic payment from a Santander checking account10
  • Overdraft protection via Santander Easy Access Line of Credit or transfer from your savings account9
  • Santander Account Protector10

 

   Premier Banking  Preferred Plus Banking  Classic Banking  Basic Banking  Student Banking§
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Best If You Want Exclusive rates on deposits, discounts on loans, priority customer service and many no-fee features Money savings features and the convenience and access you need so you can bank on your terms An easy banking solution with options Simple and economical banking Designed for students
Available With Package Santander Premier Checking, Premier Money Market Savings Preferred Plus Checking, Preferred Plus Money Market Savings Santander Classic Checking, Santander Classic Savings Flat Fee Basic Checking, Santander Basic Savings Santander Student Checking, Santander Student Savings
Interest-Earning Checking Account Yes Yes No No No 
Checking Account Monthly Fee $30, waived with $20,000 or more in combined balances in checking, savings, money market savings, CDs, IRAs, investments, and loans?, ? $15, waived with at least $2,500 in Direct Deposits or $2,500 average daily balance? $10, waived with at least $500 in Direct Deposits a month or $750 average daily balance? $5 ($3 NY/NJ) None
Fee to  Make a Withdrawal at Other Banks' ATMs in the US No# No# Yes ($3.00) Yes ($3.50) Yes ($2.00)
Discounts on Check Orders Yes, free Graystone-style or Santander checks or $15 discount on alternate designs Yes, free first order of Graystone-style or Santander checks No No  Yes, free first order of Antique style checks
Additional Benefits Online Banking with BillPay, Santander Premier Debit MasterCard® Online Banking with BillPay, Santander Debit MasterCard®  Online Banking with BillPay, Santander Debit MasterCard® 

 

Online Banking with BillPay, Santander Debit MasterCard® 

Online Banking with BillPay, Santander Debit MasterCard® 

 

? 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; indirect auto loans obtained through automobile dealers; and investments not held in a brokerage account with Santander Investment Services.
? For the service period.
§ Must be a student 16 to 22 years of age. Proof of enrollment required.
# Limited to ATMs in the 50 states in the U.S. ATM owner may charge a separate fee.

Santander Student Checking

Santander Student Savings

  • Competitive rates and the security of FDIC insurance
  • Easy transfers to and from checking3
  • Complimentary Student Savings account4

Santander Debit MasterCard® with Cash Rewards

  • The most convenient way to access funds and make purchases
  • Zero liability in the event that someone makes unauthorized signature purchases with your card5
  • Provides MasterCard's great coverage and added protection for your debit card purchases: 
    • Extended Warranty - Doubles the time period and duplicates the coverage of the original manufacturer's warranty, for a maximum of one additional year6
    • Purchase Assurance® - Protects you for 90 days from the date of purchase and up to $1,000 per claim for theft, damage or loss6
    • Satisfaction Guarantee - If you become dissatisfied with a product within 60 days of a purchase, and the merchant will not accept a return, you may be reimbursed for the product up to $250 per claim6
  • Automatically earn up to 20% in Santander Cash Rewards every time you use your Santander Debit MasterCard to make online or in-store purchases at selected participating retailers, log into your Online Banking account and click the Rewards tab to learn more7 

Santander Online Banking with BillPay

  • 100% guaranteed against fraud8 and late bill payments
  • 24/7 access to account balances, transaction history and more
  • Easy-to-use BillPay with the ability to receive electronic versions of your bills and statements
  • Convenient access through our Mobile Banking app

 

Apply Now

1 Student Banking package is available for full-time and part-time students age 16 through 22 years old attending a college, university or other undergraduate-level school. Proof of enrollment required. Students under 18 years of age must have a joint owner on their Student Banking savings account who is at least 18 years of age.

2 Free first order of 20 Antique style checks. After first order students purchase their own checks.

3 You can withdraw funds from your Santander Student Savings account no more than 6 times by computer, telephone, preauthorized transfer 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.

4 There is no monthly fee for Student Savings accounts. All other fees apply.

5 When you promptly notify us. Does not apply to transactions made using your PIN. Please refer to your Personal Deposit Account Agreement for more details.

6 Certain restrictions apply. For full details, see the Guide to Benefits insert that will be sent with your new card or visit mastercard.com for more details. Remember to keep all receipts to properly review your claim.

7 Cash rewards are earned on purchases made at participating online retailers through the Santander Cash Rewards Program tab in Online Banking or in-store at participating national and local retailers when using your Santander Debit MasterCard. Look for terms of the participating retailers' and sign up on the Santander Cash Rewards tab in Online Banking. Participating retailers are subject to change.

8 Please refer to the Online Banking Agreement for details on guarantees and your responsibilities for promptly reporting unauthorized transactions.

9 All applications subject to approval.

10 We charge our standard overdraft fee of $35 per transaction when you make a transaction, including checks, Online Banking payments or any other type of withdrawal, and you do not have sufficient available funds to pay the transaction. There is an additional one-time $35 sustained overdraft fee on the 6th business day any checking (other than Santander Premier Checking), savings or money market savings account is overdrawn. If you enroll in Santander Account Protector, these fees will apply to overdrafts caused by ATM transactions and one-time debit card purchases. Any overdrafts that we pay must be promptly repaid. Whether we pay an overdraft is at our discretion and there is no guarantee that any overdraft will be paid by the bank.