Santander Bank is offering a nice opportunity for new business customers: a $500 bonus when you open a Santander Business Checking Account and meet certain requirements. Here’s how you can earn and enjoy this bonus.
Key Takeaways
- Exclusive Bonus: Earn a $500 bonus by opening a new Santander Business Checking or Business Checking Plus account.
- Bank Profile: Santander Bank is renowned for its robust offerings in personal and business banking, emphasizing custom solutions for its customers.
- Promo Code Required: Use the promo code BUS500Q324GEN when you open your account at any Santander branch.
- Account Requirements: Maintain an average daily balance of $2,500 for the first 90 days to qualify for the bonus.
- Account Options: Choose between the Business Checking account for flexible transaction handling or the Business Checking Plus for higher volumes, both with potential for fee waivers.
Introduction
Santander Bank offers a generous $500 bonus when you open a new Business Checking or Business Checking Plus account.
Renowned for its strong focus on tailored financial solutions, Santander makes this opportunity even more accessible. Simply bring the promo code BUS500Q324GEN to any branch by the expiration date, maintain a minimum average daily balance of $2,500 for 90 days, and you’re set to enjoy your bonus.
Whether you’re managing moderate or high transaction volumes, Santander has an account option that suits your needs. Don’t miss out on this chance to enhance your business finances with Santander Bank.
See the bottom of this page for more offers.
Santander Bank Bonus Offer
- What you’ll get: $500
- Where it’s available: NH, FL, MA, RI, CT, DE, NY, NJ, or PA (in-branch)
- How to earn it:
- Open an Account: Visit a Santander branch to open a Business Checking or Business Checking Plus account.
- Use Promo Code: Provide the promo code BUS500Q324GEN during account setup.
- Deposit Minimum: Maintain an average daily balance of $2,500 for the first 90 days.
- Receive Bonus: After 90 days, the $500 bonus will be credited to your account within the next 30 days.
- When it expires: December 31, 2024
Waive The Monthly Fee
To waive the $15 monthly fee on a Santander Business Checking account, you can follow one of these options:
- Maintain a $5,000 Average Daily Balance: Keep at least $5,000 as your average daily balance in the checking account.
- Combined Business Deposits: Maintain $10,000 in combined business deposit account balances under the same ownership.
- Business Debit Card Usage: Make three or more purchases using a Santander® Business Debit Mastercard® that post to your account during the billing cycle.
- Merchant Services Payments: Receive one or more payments through Santander Merchant Services into your account.
- Cash Management Services: Incur $50 or more in cash management service fees.
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.
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Our Take On the Bank Offer
Only thing not to like about this offer is you have to go into a branch to take advantage of it.
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READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
By John Huynh, with over two decades in finance and investing, including as a Senior Finance & Operations Manager at a renowned research institute and degrees in Economics and International Studies from UC Irvine. Edited by Tony Jay, an experienced finance blogger and Executive Editor with two decades in banking, specializing in online banking and savings strategies. Tony holds a doctorate from Tulane University.
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