Additional information of Select Checking account
The Santander Select Checking account is a product for more select customers than the Simply Right Checking, which is aimed at all types of customers and has more basic requirements.
With the Select Checking account, the bank tries to attract users with high income levels and who are interested in savings and investment products. Not surprisingly, the only way to avoid the $25 monthly maintenance fee is to have a balance of at least $25,000 in this type of product.
The account also remunerates the balance, although it does not currently indicate the interest rate it applies, nor the minimum and maximum balances that are subject to gratification. In addition, it gives you access to higher interest rates on the Select Money Market savings account.
With the Select Checking account, you have access to the Mastercard World debit card, which offers greater advantages than the basic Santander debit card. With it, you won't pay a fee to use the bank's ATMs around the world, and you'll get up to $30 back for fees charged at other ATMs.
To open this checking account, you'll have to contribute just $25 in initial balance, and you're not required to maintain a minimum balance. You'll enjoy online banking from the Santander Bank website and app and maximum protection for digital transactions with the Santander Protechtion guarantee.
Español: Cuenta Select Checking del Santander Bank