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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $125 bonus - Sovereign Bank : $25,000 increase of Sovereign Goal Savings Accoun balance; Exp. - unknown
The bonus has expired!
LINK
Terms:
How
It
Works
Simply
set
up
at
least
one
recurring
monthly
automatic
transfer
from
a
Sovereign
Checking
account
or
from
an
account
at
another
financial
institution.
Then
you
can
earn
one
of
the
following:
$12.50
bonus
for
a
$2,500
to
$4,999.99
increase
in
savings
$25
bonus
for
a
$5,000
to
$7,499.99
increase
in
savings
$37.50
bonus
for
a
$7,500
to
$9,999.99
increase
in
savings
$50
bonus
for
a
$10,000
to
$14,999.99
increase
in
savings
$75
bonus
for
a
$15,000
to
$24,999.99
increase
in
savings
$125
bonus
for
a
$25,000
increase
and
above
in
savings
The
Sovereign
Goal
Savings
Account
will
be
reviewed
annually
to
determine
eligibility
for
an
Interest
Bonus.
In
order
to
be
eligible
for
an
Interest
Bonus
you
must
have:
A
Sovereign
Checking
account
open
at
the
time
the
Interest
Bonus
is
credited
and
at
least
one
automatic
recurring
transfer
per
month
into
the
Sovereign
Goal
Savings
account
from
a
Sovereign
Checking
account
or
via
ACH
transfer
from
another
financial
institution.
An
Interest
Bonus
is
credited
to
your
Sovereign
Goal
Savings
account
if
the
average
daily
balance
increase
in
the
account
from
the
previous
year
falls
into
one
of
the
following
tiers:
$12.50
bonus
for
$2,500
to
$4,999.99
in
savings;
$25
bonus
for
$5,000
to
$7,499.99
in
savings;
$37.50
bonus
for
$7,500
to
$9,999.99
in
savings
;
$50
bonus
for
$10,000
to
$14,999.99
in
savings;
$75
bonus
for
$15,000
to
$24,999.99
in
savings;
and
$125
bonus
for
$25,000
and
above
in
savings.
For
the
first
year
your
account
is
open,
the
average
daily
balance
of
the
statement
cycle
ending
on
or
after
the
account
opening
anniversary
date
will
be
reviewed.
The
increase
in
your
account
balance
from
the
previous
year
will
be
reviewed
to
determine
the
amount
of
the
Interest
Bonus
to
be
credited.
If
the
average
daily
balance
falls
into
one
of
the
Tiers,
the
applicable
Interest
Bonus
will
be
credited
to
the
account.
The
average
daily
balance
of
the
May
2012
statement
cycle
[ending
May
31,
2012]
will
be
reviewed
and
if
the
average
daily
balance
for
that
month
falls
into
one
of
the
Tiers,
the
appropriate
Interest
Bonus
will
be
credited
to
the
account.
If
the
May
2012
average
daily
balance
is
$5,000,
an
Interest
Bonus
of
$25
will
be
credited
to
the
account.
In
the
second
and
subsequent
years
your
Sovereign
Goal
Savings
account
is
opened,
and
for
accounts
that
converted
into
a
Sovereign
Goal
Savings
from
another
type
of
account,
the
Interest
Bonus
will
be
determined
based
on
how
much
the
balance
of
the
account
has
increased
from
year
to
year
based
on
comparing
your
average
daily
balance
from
year
to
year.
For
example,
a
new
Sovereign
Goal
Savings
account
opened
on
May
22,
2011
has
a
statement
cycle
ending
May
31.
For
example,
by
the
statement
cycle
ending
May
31,
2013,
the
average
daily
balance
has
increased
to
$20,000
from
$5,000
the
previous
year,
meaning
the
account
average
daily
balance
has
increased
by
$15,000.
The
Interest
Bonus
will
be
based
on
the
increase
of
$15,000
so
a
$75
Interest
Bonus
will
be
credited
to
the
account.
Converted
accounts:
A
customer
converts
his
Sovereign
Statement
Savings
account
into
a
Sovereign
Goal
Savings
account
on
May
22,
2011
with
a
balance
of
$10,000
[statement
cycle
date
of
May
31,
2011].
The
average
daily
balance
of
the
statement
cycle
ending
on
May
31,
2012
is
$15,000
meaning
the
average
daily
balance
increased
by
$5,000
during
the
year.
An
Interest
Bonus
of
$25.00
will
be
credited
to
the
Sovereign
Goal
Savings
account.
An
Interest
Bonus
will
be
credited
to
a
Sovereign
Goal
Savings
account
every
year
if
the
average
daily
balance
increase
from
year
to
year
falls
into
one
of
the
Tiers
shown.
If
the
average
daily
balance
increase
from
year
to
year
is
below
$2,500,
no
Interest
Bonus
will
be
credited
to
the
account
for
that
year.
The
Interest
Bonus
will
be
credited
to
the
Sovereign
Goal
Savings
Account
within
60
days
after
each
account
opening
anniversary
date.
The
Interest
Bonus
will
be
credited
to
your
Sovereign
Goal
Savings
Account
and
will
be
included
in
your
Form
1099-INT
for
the
tax
year
in
which
the
Interest
Bonus
is
credited.
--------------------------------------------------------------
Other
sign-up
bonuses
.
.
|
End of quote.
Source: iBankDesign.com
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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents.
Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
2 'Professional' bonuses are restricted to certain professional groups, such as military, union members and students
3 'Aged' bonuses are bonuses that were reported by our visitors or posted on bank websites long time ago. These bonuses need to be verified by contacting a bank representative.
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