Referred friend is not eligible to participate if they're a current or former Santander customer who has had a Santander checking account in the prior 12 months from new account opening. Employees of Santander and its affiliates are not eligible for this program.
The $50 digital Visa Prepaid Card amount received may be reported as income to the IRS, state, and local tax authorities if required by applicable law.
*You may earn a $50 digital Visa Prepaid Card for each referral that meets all program eligibility and qualification requirements. You may earn up to $500 in digital Visa Prepaid Cards per calendar year.
**Referred person must open a new Simply Right® Checking ($25 minimum opening deposit), Santander Basic Checking ($25 minimum opening deposit), Student Value Checking ($10 minimum opening deposit) or Santander Premier Plus Checking ($50 minimum opening deposit) within 90 days of receiving a Santander Refer-a-Friend invitation, and meet the program requirements within 60 days of opening the new account which are having one or more direct deposits totaling at least $250 and keeping the new account open for at least 60 days. Offer cannot be combined with other checking cash bonus offers. Limit of one bonus per qualifying account. Please allow up to 10-14 days after completion of all requirements of this offer, for delivery of the digital Visa Prepaid Card.
As of January 3, 2019, the Annual Percentage Yield for Premier Plus Checking is 0.01%. Rates may change at any time and after the account is opened. Fees may reduce earnings.