Student Value Checking Account

As a student you're constantly on the go, so you need a checking account for students that doesn't get in your way. With Student Value Checking, there's no minimum account balance and no Monthly Fee**. Better yet, Santander Bank lets you bank on-the-go using your phone, laptop or one of our many ATMs. You can even set up customizable email and text message alerts to keep on top of your finances. No worries, right?

Student Value Checking Features

No Monthly Fee**

Pay no Monthly Fee for your Student Value Checking account.

Apple Pay

A simple, secure way to pay.
Add your Santander debit or credit card to Apple Pay today.

No Minimum Balance

Enjoy no minimum balance requirements.

Savings Account Benefit

This account waives the Monthly Fee for Santander®Savings1 or Santander® Money Market Savings2.

Mobile Banking

Make deposits or transfers and set customizable alerts from your phone or laptop.

No Fee Paperless Statements

Enroll in Online Banking to receive Paperless Statements for no fee or receive paper statements.

Benefits of Banking with Us

At Santander Bank, in addition to helping students like you, we also support higher education initiatives throughout the world. 

To learn more about Santander Universities, click here.

Compare Student Value Checking with other Checking Accounts

Banking should be easy, convenient, and tailored to your personal and financial needs. That's why we offer several different checking options from which to choose. Use the table below to find the one that works best for you. Click here for a printable version of this chart.

  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?

* Account is available to students 16-25 years of age (legal guardian co-owner required for those between 16-18 years). Once you reach 26, we may convert your Student Value Checking to another checking product.

**Other fees may apply, including a Paper Statement fee, if you elect to receive paper statements. Refer to your fee schedule for details.

***To use the Santander Mobile Banking App, you must first enroll and log in to Online Banking and accept the Online Banking Agreement. Message and data rates may apply. Mobile deposits are subject to limits and other restrictions. Refer to the Online Banking Agreement for details.

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.

Per service fee period.

§ 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.

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