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$50 bonus – Sovereign Bank : Student Checking account; Exp. – 9/30/11

By , August 28, 2011
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Students can get a $25 cash bonus just for opening a Sovereign Free Student Checking account and a Sovereign Free Student Savings account with a valid email address, enrolling in Online Banking, and requesting a Sovereign Debit MasterCard®. Plus, students can get an additional $25 cash bonus when they use their new Debit MasterCard to make 5 purchases. That's a total of $50

Get started with a bonus. Open a Sovereign Free Student Checking account and add great features by September 30, 2011, and get up to a $50 cash bonus!

In order to qualify for a cash bonus, you need to: (1) open a new Sovereign Student Banking package, which comprises a Sovereign Free Student Checking account and a Sovereign Free Student Savings account, or have a pre-existing savings account, each with a minimum opening deposit of $10; (2) enroll in Online Banking at account opening; (3) request a Sovereign Debit MasterCard ("Debit Card") and (4) provide a valid email address. When you qualify, you will receive a credit of $25 to your new checking account. If you meet the conditions for the $25 bonus and also make 5 purchases with your Sovereign Debit Card, you will receive an additional bonus of $25, credited to your new checking account. For accounts opened July 2, 2011 through July 31, 2011, the 5 purchases must be made by September 30, 2011. The account will be credited by October 15, 2011. For accounts opened August 1, 2011 through August 31, 2011, the 5 purchases must be made by October 31, 2011. The account will be credited by November 15, 2011. For accounts opened September 1, 2011 through September 30, 2011, the 5 purchases must be made by November 30, 2011. The account will be credited by December 15, 2011. Offer ends September 30, 2011. Maximum $50 bonus per customer. The annual percentage yield (APY) as of June 4, 2011 for Statement Savings is 0.10%. APYs are 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 year 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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