Offer value details
Santander describes Select Checking as an interest-bearing checking account with enhanced benefits, a Santander Select World Debit Mastercard, and complimentary banking services.
Qualification requirements
Santander's fee schedule lists a $25 minimum opening deposit and a $25 monthly fee that can be waived by maintaining a $25,000 minimum combined balance in eligible bank deposits and eligible investments held with Santander Investment Services.
Fees and costs
The fee schedule lists a three-service-fee-period grace period before the monthly fee is assessed, no paper statement fee for Santander Select Checking, up to $30 in ATM surcharge fee rebates per service fee period, and possible overdraft or service fees.
Availability
The current Santander Select page routes applicants to find a branch rather than listing an online opening path. Santander's locator shows branches in CT, DE, FL, MA, NH, NJ, NY, PA, and RI. Account opening requires identity information, a valid address and phone number, an initial deposit, and Santander approval.
What to verify
- The $0 monthly fee requires maintaining a $25,000 combined balance in eligible deposit and investment relationships after the grace period.
- Investment balances used for the waiver can involve market risk and are not bank deposits or FDIC insured.
- Overdraft, expedited card, wire, and other service fees can apply.
- Santander Select currently routes applicants to a branch; ZIP and branch availability should be confirmed before applying.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.