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$75 bonus – Sovereign Bank : Student Checking; Exp. – 11/12/10

By , September 22, 2010



In order to qualify for a cash bonus, you need to: (1) open a new Sovereign Free Student Checking account and a Sovereign Free Student Savings account, or have a pre-existing savings account, by November 12, 2010, each with a minimum opening deposit of $10; (2) enroll in Online Banking at account opening; and (3) request a Sovereign Debit Card ("Debit Card") and make 5 Debit Card purchases within 60 days after you open your account. When you qualify, you will receive a credit of $50 to your new checking account within 75 days of account opening. In addition, if you set up and receive a direct deposit within 60 days of account opening and fulfill the above requirements, you will receive an additional bonus of $25, which will be credited to your new checking account within 75 days after account opening. Maximum $75 bonus per customer. Checking account must be open to receive bonus. Annual percentage yield (APY) for Free Student Savings is 0.05% as of September 1, 2010 and is subject to change at any time and after account opening. Fees may reduce earnings. The total amount of the bonus credited to your account will be reported to the IRS as interest on your Form 1099-INT for the year in which the bonus is paid. Current personal checking customers or anyone who has had a personal checking account with Sovereign Bank or any of its divisions in the last 6 months are not eligible for this offer. Cannot be combined with other personal checking offers. Offer available only to residents in the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, WV, MD, DE, District of Columbia. Sovereign Team Members are not eligible for this offer.

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