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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $200 bonus - Sovereign Bank : business accounts; Exp. - 3/13/2010
The bonus has expired!
LINK
Terms:
Qualify
for
a
$200
cash
bonus
when
you:
*
Open
a
new
Sovereign
Free
Business
Checking
or
Business
Checking
Plus
account
with
a
$100
minimum
deposit
*
Open
a
new
Business
Money
Market
Savings
account
with
a
$100
minimum
deposit
*
Get
a
Sovereign
Business
Debit
Card
*
Enroll
in
Business
Online
Banking
at
account
opening
Receive
$200
off
processing
fees***
when
you
sign
up
for
a
Sovereign
Merchant
Services
account
and
link
it
to
your
Sovereign
Business
Checking
account.
We
are
also
waiving
the
$250
origination
fee****
for
a
Sovereign
Business
Advisor
Line
of
Credit.
Thats
an
additional
$450
in
savings.
In
order
to
qualify
for
the
$200
cash
bonus,
you
need
to
do
all
of
the
following:
[1]
open
a
new
Free
Business
Checking
or
Business
Checking
Plus
account
by
March
13,
2010,
with
a
minimum
opening
deposit
of
$100;
[2]
open
a
Sovereign
business
money
market
savings
account
with
a
minimum
opening
deposit
of
$100
or
already
have
a
business
money
market
savings
account;
[3]
enroll
in
Business
Online
Banking
when
you
open
your
new
checking
account;
[4]
request
a
Sovereign
Business
Debit
Card
["Business
Debit
Card"].
When
you
qualify,
you
will
receive
a
credit
of
$200
to
your
new
business
checking
account
within
75
days
after
you
open
your
checking
account.
Customers
that
currently
have
or
have
had
a
business
checking
account
in
the
last
6
months
at
Sovereign
or
any
of
its
divisions
are
not
eligible
for
the
business
checking
offer.
**
Basic
transactions
include
checks
paid,
teller
deposits,
ATM
deposits,
deposited
items,
and
ACH
items
[electronic
debits
and
credits
not
originated
by
customer].
We
reserve
the
right
to
decline
to
open
an
account.
The
account
must
be
open
in
order
to
receive
the
bonus.
One
$200
credit
per
business
entity
as
identified
by
taxpayer
identification
number
[TIN].
The
amount
of
the
bonus
credited
to
the
account
will
be
reported
to
the
IRS
as
interest
for
the
year
in
which
it
is
paid.
Sovereign
Merchant
Services
(credit
and
debit
card
payment
processing)
and
Sovereign
Payroll
Services
ACH
debit
items
are
not
included.
***
Rebate
on
credit
card
processing
fees
will
be
applied
at
the
end
of
the
third
month,
based
on
the
actual
accumulated
credit
card
processing
fees
for
that
period
or
$200,
whichever
is
lower.
Offer
available
only
upon
approval
of
the
merchant
account.
Normal
fees
will
apply
after
the
three-month
period
or
after
the
$200
credit
is
used,
whichever
comes
first.
Stated
offer
is
valid
for
new
Sovereign
Merchant
Services
customers
from
January
30,
2010,
through
March
13,
2010,
and
are
actively
processing
on
or
before
April
11,
2010.
****
To
receive
the
$250
origination
fee
waiver,
you
must
maintain
a
Sovereign
Business
Checking
account
and
submit
a
completed
Sovereign
Business
Advisor
Line
of
Credit
application
between
January
30,
2010,
and
March
13,
2010.
Additional
merchant
locations
with
the
same
taxpayer
identification
number
are
ineligible
for
the
stated
offer.
Other
fees
may
apply.
.
|
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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