Earn $100 Cash Bonus at Sovereign Bank
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Sovereign Bank is giving away $100 bonus if you switch to Sovereign and open either a Sovereign Premier Checking or a Sovereign Interest Checking by May 22, 2009 with the standard account opening minimum amount of $10.
More details as follows:
- When you open the account, request for a Sovereign Check Card (SCC)
- Make 6 purchases using your SCC totaling to at least $250 within 60 days after account opening
- Receive your $100 cash credit 15 days after the 60-day account opening period
- Personal checking customers who have an existing checking account with Sovereign Bank, or any individual who has opened a Sovereign checking within the last 6 months is not eligible for the promo
- The cash bonus will be reported to the IRS as interest
Some important features of the Sovereign checking accounts:
- Free Online Banking with BillPay;
- Free use of other banks’ ATMS (although the other banks may charge fees at their end);
- Free Graystone-style checks;
- Offers 20% cash back bonus with Sovereign Cards Rewards;
- No minimum balance for Interest Checking and no monthly fee with direct deposit (or pay $5 if none);
- No monthly fee when you maintain $15,000 in combined balances for the Premier Checking (or pay $25).
Sovereign Bank is FDIC-insured and a wholly-owned subsidiary of Banco Santander. For more details of this latest bonus offer, click this Sovereign promo link.
