By  Fri Feb 21, 2014

Santander Bank: $20 Cash Bonus Every Month For New Checking Account (Feb. 2014)

Santander Bank is offering a $20 monthly cash bonus to all customers who open a new Extra20 Checking Account, set up a qualifying Direct Deposit and pay bills online.

The deal

To be eligible for this offer, you must first open an Extra20 Checking Account either by signing up through this promotional page under the link “Open Now,” calling 877-768-2265 to speak to a representative or by visiting a local branch.

Here is how to qualify for the total of $20 in monthly reward:

  1. Get $10 for having direct deposits total in $1,500 or more in a service fee period.
  2. Get an additional $10 for making at least two payments via BillPay in Online Banking in the same period.

After all the requirements have been fulfilled, $20 will be credited to your Extra20 Savings account on the first business day after your Extra20 Checking Account service fee period ends.

Note: To receive Extra20 bonuses, you must have both an Extra20 Checking and an Extra20 Savings Account.

The minimum opening deposit of $25 for the Extra20 Checking account and $10 for the Extra20 Savings account is required.

santanderbankdeal Feb.2014

The accounts

Extra20 Checking and Extra20 Savings Account is available as a package. The monthly service fee for Extra20 Checking is $10, which will be waived with $1,500 or more in total direct deposits to the checking account during the service fee period. No fee is charged for an Extra20 Savings Account that is linked to an Extra20 Checking as a package or $100 average daily balance — otherwise it is $3.50 a month.

For more bank deals, click here!

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