Santander Consumer USA and Chrysler Capital are set to give away some valuable paper in hopes of getting more customers in their portfolios to adopt its paperless billing option.

This month, Santander Consumer USA and Chrysler Capital rolled out a campaign where they are offering eligible customers who sign up for paperless statements as of April 1 the chance to win a $10,000 grand prize or one of five $500 prizes for each brand.

When eligible Santander Consumer USA and Chrysler Capital customers enroll in e-statements at the appropriate website, they will be automatically entered into the sweepstakes. Eligible Santander Consumer USA and Chrysler Capital customers who already are enrolled in e-statements, also known as electronic or paperless statements, will be entered as well, according to a news release distributed this week.

“The e-statements provide terrific perks for the customer,” said Lori Millard, executive vice president of customer service and operations at SCUSA. “Our customers benefit from easier access to their monthly statements, and in today’s high-tech world, having that information available at our fingertips is vital.

“In addition, our customers can say goodbye to worrying over when they will receive their next statement — or the possibility of it being lost in the mail and missing a payment,” Millard continued.

The finance companies emphasized electronic statements are a simple, smart way to tidy up a monthly stack of bills, and the electronic statement has all the information that the paper statement has — nothing is missing.

“We have an opportunity to make it easier for our customers to manage their accounts, so we should be doing all we can to promote e-statement adoption,” said Zach Munichiello, senior vice president of loan operations.

“Electronic statements are also an easy way to reduce paper consumption, which is a green solution that is good for the environment,” Munichiello added.

To learn more, visit chryslercapital.com/paperless and santanderconsumerusa.com/paperless.