A checking account that makes the grade.

Student Value Checking Account

As a student you're constantly on the go, so you need a checking account for students that doesn't get in your way. With Student Value Checking, there's no minimum account balance and no Monthly Fee**. Better yet, Santander Bank lets you bank on-the-go using your phone, laptop or one of our many ATMs. You can even set up customizable email and text message alerts to keep on top of your finances. No worries, right?

Student Value Checking Features

no annual or transaction fees

No Monthly Fee**

Pay no Monthly Fee for your Student Value Checking account.

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Apple Pay

A simple, secure way to pay.

Add your Santander debit or credit card to Apple Pay today.

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No Minimum Balance

Enjoy no minimum balance requirements.

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Mobile Banking

Make deposits or transfers and set customizable alerts from your phone or laptop.

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Savings Account Benefit

This account waives the Monthly Fee for Santander® Savings1 or Santander® Money Market Savings.2

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No Fee Paperless Statements

Choose Paperless in Online Banking to receive Paperless Statements for no fee.

Benefits of Banking with Us

At Santander Bank, in addition to helping students like you, we also support higher education initiatives throughout the world. 

To learn more about Santander Universities, click here.

Compare Student Value Checking with other Checking Accounts

Banking should be easy, convenient, and tailored to your personal and financial needs. That's why we offer several different checking options from which to choose. Use the table below to find the one that works best for you. Click here for a printable version of this chart.

  Student Value
Santander® Basic
Simply Right®
Santander® Premier Plus Checking
What is it An account designed for Students. An account with a low, predictable Monthly Fee. A simple and intuitive account that makes it easy to waive the Monthly Fee. An account that rewards you for your total banking relationship.
Monthly Fee $0 $3 $10 $35
How to waive the Monthly Fee
(per service fee period)
N/A Cannot be waived. Simply use the account each month.

Any transaction (deposit, withdrawal, transfer, or payment) posted to the account.
$75,000 in combined balances in deposits and eligible investments held with Santander Investment Services
-- or --
$6,000 in Direct Deposits.± ±
Interest Earning - - - Yes
Minimum Opening Deposit $10 $25 $25 $50
ATM Withdrawal Fee3
(domestic non-Santander ATM)
$2 $3 $3 $0
Free Paperless Statements
(selected in online banking)
Yes Yes Yes Yes
Paper Statements
(per statement)
$3 $3 $3 $0
Savings Account Benefit Account waives Monthly Fee on Santander® Savings1 and Santander® Money Market Savings.2 Access to Santander® Premier Plus Money Market Savings.

May We Also Suggest?

* Account is available to students 16-25 years of age (legal guardian co-owner required for those between 16-18 years). Once you reach 26, we may convert your Student Value Checking to another checking product.

**Other fees may apply, including a Paper Statement fee, if you elect to receive paper statements. Refer to your fee schedule for details.

¤ ¤In order to use the Santander Mobile Banking App for the first time, customers need to successfully complete the self-enrollment process, log in to the Mobile Banking App, and accept the Digital Banking Agreement and Electronic Communication Disclosure. Data connection required. Message and data rates may apply.

1 No Monthly Fee for Santander® Savings with any personal Santander checking account or with $100 average daily balance in the Santander® Savings account (otherwise, $1.00). All other fees apply.

2 No Monthly Fee for Santander® Money Market Savings with any personal Santander checking account or with $10,000 average daily balance in the Santander® Money Market Savings account (otherwise, $10.00). All other fees apply.

Per service fee period.

± ± Santander considers Direct Deposits to be automatic electronic deposits made to your account by someone else, such as an employer issuing payroll or a government paying benefits. It may not include deposits to your account that are made by an individual using online banking or an internet payment provider.

3 Domestic ATMs are ATMs in the 50 United States, the District of Columbia, and Puerto Rico. ATM owner may charge a separate fee.

§ Available for Checking account customers.

§Please refer to your Digital Banking or Personal Deposit Account Agreement for details on your responsibility for promptly reporting unauthorized transactions

¤¤You can withdraw or transfer funds from a savings or money market savings account a total of six (6) times per service fee period (such as by automatic or pre-authorized transfers using telephone, Online Banking, or Mobile Banking, Overdraft Protection, Payments to third parties, Checks, Drafts, and Debit Card purchases). Fees apply if you exceed these limits and, if you repeatedly exceed these limits, we will convert your account to a non-interest bearing checking account.

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