Earn $100 Cash Bonus at Sovereign Bank

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.

About the banks

 

Sovereign Bank

Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management, and insurance. Sovereign Bank is a financial institution with principal markets in the Northeastern United States and is a subsidiary of Banco Santander, S.A. Sovereign Bank has 754 community banking offices, over 2,300 ATMs and approximately 11,000 team members. On January 30, 2009, Banco Santander (the largest bank in the euro area

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