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$75 bonus – Sovereign bank : Preferred Banking package; Exp. – 11/30/11

By , November 15, 2011
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Terms:

To earn a cash bonus, (1) open a Sovereign Premier, Preferred or Classic banking package which comprises a checking and companion savings account, with a minimum deposit of $25 for checking and a minimum deposit of $10 for savings before 11/30/11; (2) enroll in Online Banking; (3) request a Debit MasterCard® at account opening, and (4) make five purchases with your Debit Card by 1/31/12. When you qualify, we will credit a cash bonus to your new checking account by 2/15/12: $100 for Premier Banking; $75 for Preferred Banking; and $50 for Classic Banking. One credit per customer. The Annual Percentage Yield (APY) on Sovereign Premier Checking is 0.01% on balances less than $15,000, and 0.10% on balances of $15,000 or more; the APY for Statement Savings is 0.10%. These APYs are effective as of 8/1/11 and are subject to change at any time and after the account is opened. Fees may reduce earnings. The amount of the credit will be reported to the IRS as interest on your form 1099-INT for the year in which the bonus was 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.

Monthly fee waived when you receive a direct deposit, or maintain a $2,500 average daily balance in your checking account, or maintain a $7,500 combined, average daily balance in your checking, savings, or money market savings accounts.

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