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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $300 Bonus - Soveriegn Bank: Business Checking; Exp-10/24/08
The bonus has expired!
Link
to
promo
page
Start
with
Free
Business
Checking.
You
get:
$100
within
90
days
when
you
open
your
new
account
with
a
minimum
of
$50
$50
when
you
make
6
qualifying
Visa
CheckCard
purchases
in
those
same
90
days
Add
a
Business
Owner
Premier
Checking.
You
get:
$100
when
you
open
your
new
account
with
a
minimum
of
$10
and
then
reach
a
combined
balance
of
$15,000
within
90
days
$50
when
you
make
6
qualifying
Visa
CheckCard
purchases
within
those
same
90
days
Bonus
terms
as
copied
from
bank's
website
on
9/23/08:
Open
a
new
Free
Business
Checking
or
Business
Checking
Plus
account
by
October
24,
2008
with
a
standard
minimum
opening
deposit
of
$50
and
request
a
Business
Visa
CheckCard
[Business
VCC].
You
will
receive
a
credit
of
$100
to
your
new
business
checking
account
within
105
days
after
the
account
is
opened.
If
you
make
6
Business
VCC
purchases
within
90
days
after
you
open
your
account,
you
will
receive
an
additional
credit
of
$50
to
your
new
business
checking
account
within
15
days
after
the
expiration
of
this
90-day
period.
Your
account
must
be
in
good
standing
in
order
to
receive
your
bonus.
One
$150
credit
per
business
entity
as
identified
by
taxpayer
identification
number
[TIN].
The
amount
of
the
bonus
credited
to
your
account
will
be
reported
to
the
IRS
as
interest
for
the
year
in
which
the
bonus
is
credited
to
your
account.
Customers
that
currently
have
or
have
had
a
business
checking
account
in
the
last
60
days
at
Sovereign
or
any
of
its
divisions
are
not
eligible
for
this
offer.
Open
a
new
Business
Owner
Premier
Checking
account
by
October
24,
2008
with
a
standard
minimum
opening
deposit
of
$10
and
request
a
Visa
CheckCard
[VCC].
If
the
combined
balance
of
your
Sovereign
personal
checking,
savings
and
money
market
savings
accounts,
CDs,
IRAs,
investments
and
loans
[not
including
mortgages,
student
loans,
credit
card
balances,
unsecured
personal
loans
and
lines
of
credit
issued
by
FIA
Card
Services,
N.A.,
the
unused
portion
of
any
Sovereign
credit
line,
and
for
Sovereign
Bank
customers
in
New
England,
indirect
auto
loans
obtained
through
automobile
dealers]
is
$15,000
or
more
on
the
90th
day
after
you
open
your
account
[or,
if
the
90th
day
is
not
a
bank
business
day,
the
immediately
preceding
bank
business
day],
you
will
receive
a
credit
of
$100
to
your
new
Business
Owner
Premier
Checking
account
within
15
days
after
the
expiration
of
this
90-day
period.
If
you
make
6
VCC
purchases
within
90
days
after
you
open
your
account,
you
will
receive
an
additional
credit
of
$50
to
your
new
Business
Owner
Premier
Checking
account
within
15
days
after
the
expiration
of
this
90-day
period.
One
$150
credit
per
customer.
Your
Business
Owner
Premier
Checking
account
must
be
open
and
in
good
standing
in
order
for
you
to
receive
your
account
credit.
Business
Owner
Premier
Checking
is
only
available
to
owners
and
officers
of
a
business
with
a
business
checking
account
at
Sovereign
or
any
of
its
divisions.
Annual
percentage
yield
[APY]
of
0.10%
for
Business
Owner
Premier
Checking
when
balance
is
less
than
$5,000
and
0.45%
APY
when
balance
is
$5,000
and
above.
APYs
effective
as
of
9/6/08
and
are
subject
to
change
at
any
time.
Fees
may
reduce
earnings.
The
amount
of
the
bonus
credited
to
your
Business
Owner
Premier
Checking
account
will
be
reported
to
the
IRS
as
interest
for
the
year
in
which
the
bonus
is
credited
to
your
account.
Current
personal
checking
customers
or
anyone
who
has
had
a
personal
checking
account
with
Sovereign
Bank
or
any
of
its
divisions
in
the
last
90
days
are
not
eligible
for
the
Business
Owner
Premier
Checking
offer.
Business
Owner
Premier
Checking
offer
cannot
be
combined
with
other
personal
checking
account
offers.
**
Transactions
include
checks
paid,
teller
deposits,
ATM
deposits,
deposited
items,
and
ACH
items
[electronic
debits
and
credits
not
originated
by
customer].
Sovereign
Merchant
Services
[credit
and
debit
card
payment
processing],
Sovereign
Payroll
&
HR
Services,
and
ACH
debit
items
are
not
included.
In
the
case
of
excessive
cash
deposits,
Sovereign
reserves
the
right
to
transfer
you
to
an
account
with
more
appropriate
cash
handling
services.
***
All
loans
subject
to
approval.
.
|
End of quote.
Source: iBankDesign.com
This bonus has expired!
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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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