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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $25 bonus - Sovereign Bank : student checking; Exp. - 5/28/10
The bonus has expired!
LINK
Terms:
Steer
your
son
or
daughter
down
the
path
to
financial
success
with
a
Sovereign
Free
Student
Checking
account.
They'll
gain
all
the
benefits
of
our
great
checking
account
and
a
$25
cash
bonus.
In
order
to
qualify
for
the
$25
cash
bonus,
the
student
needs
to:
(1)
open
a
new
Sovereign
Free
Student
Checking
account
by
May
28,
2010,
with
a
minimum
opening
deposit
of
$10;
(2)
enroll
in
Online
Banking
at
account
opening;
(3)
request
a
Sovereign
Debit
Card
("Debit
Card")
at
account
opening.
When
the
student
qualifies,
the
he
or
she
will
receive
a
credit
of
$25
to
his
or
her
new
checking
account
within
45
days
after
account
opening.
One
$25
credit
per
student.
Account
is
available
for
full-time
and
part-time
students
between
the
ages
of
17
and
25
attending
a
high
school
or
a
college,
university,
or
other
undergraduate-level
school.
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.
Checking
accounts
must
be
open
to
receive
bonus.
Cannot
be
combined
with
other
personal
checking
offers.
.
Proof
of
enrollment
required.
The
amount
of
the
bonus
credited
to
the
account
will
be
reported
to
the
IRS
as
interest
on
Form
1099-INT
for
the
year
in
which
the
bonus
is
paid.
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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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