checking account cash offer 500 - Santander
Together, we can build on what you've built.
Enjoy a bonus of $5001
when you open and use a Santander Business Checking Account.
Offer is only valid with use of a promotion code. Promotion of this offer may end at any time.
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Maintain an average daily balance of $5,000 for the first 90 days.1
Enjoy your bonus. Once your account has been opened for 90 days, your bonus will be paid in the next 30 days.
Everything you need to
build on your success.
Get paid faster with flexible and efficient payment options.
Access credit quickly and easily when you need it.
Count on helpful resources to support your business.
Choose the account that best fits your needs
The perfect choice for a small business with moderate transaction volume and a need for flexibility, with an easily waived Monthly Fee.2
Ideal for a business with a higher transaction volume and those that carry a large balance, with an easily waived Monthly Fee. 2
Experience business checking from a leading global bank
– starting with a $5001 bonus
1To receive the cash bonus: Your business must do all of the following: (i) Open a new Santander Bank, N.A. (“Santander”) Business Checking or new Santander Business Checking Plus account by 12/31/24; and (ii) Maintain an average daily balance of $5,000 or more for the first 90 days to receive a $500 cash bonus. The average daily balance calculation begins on the day of account opening, unless the account is opened on a weekend or holiday, in which case the calculation begins on the first business day after account opening. The average daily balance is the sum of the current balance at the end of each day for 90 days, divided by 90. The full amount does not need to be deposited on day one of account opening in order to be eligible for the cash offer; however, the more days that pass, higher subsequent deposits are needed to meet the average daily balance requirement. Additional Eligibility Terms and Conditions: A valid Promotion Code must be entered at new account opening. Offer is transferable until redeemed by the addressee. We reserve the right, in our sole discretion, to limit the number of times any Promotion Code may be used or to terminate this promotional offer at any time. Your business is ineligible for this bonus, and the bonus offer is not available, if: (i) Your business currently has, or had in the past 12 months, any business checking account with Santander; or (ii) any owner, officer, or authorized signer of your business (“Owner/Signer”) currently is, or was in the past 12 months, an authorized signer on any Santander business account (“Related Account”); or (iii) your business or any Related Account has received a Santander business account bonus in the past 12 months. This offer is limited to one cash bonus per business. If multiple business accounts are opened by the same business, or if multiple business accounts (for the same or different businesses) are opened which at any time have one or more of the same Owner/Signers, only one account will be eligible for the bonus. Any business shall be ineligible for the bonus, as determined in our sole and absolute discretion, if the business or any Owner/Signer attempts to obtain multiple bonuses or otherwise circumvent the limit of one cash bonus per business. We reserve the right to decline to open an account, and to close an account, in our sole and absolute discretion. The Santander business checking account must be open and in good standing at the time of bonus payment to receive the cash bonus, which would occur within 30 days of meeting all offer and eligibility requirements. You will receive a cash bonus in your new Santander business checking account within 30 days of meeting all offer and eligibility requirements. We will report the cash bonus to the IRS as interest income for the year in which it is received.
2Avoid the monthly fee by maintaining the required combined average daily balance in this account plus additional business checking and business money market savings (excluding commercial money market savings and certificates of deposit) owned by the same business entity. $10,000 in combined business deposit account balances is required to avoid the monthly fee for Business Checking accounts, and $60,000 in combined business deposit account balances is required to avoid the monthly fee for Business Checking Plus accounts. Account terms and fees are subject to change. Please see the Business Deposit Account Fee Schedule for more information.
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