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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $300 bonus - Sovereign : Free Business Checking, request a Business Visa CheckCard; Exp. - 5/30/08
The bonus has expired!
LINK
Terms:
Open
a
new
Free
Business
Checking
account
by
May
30,
2008,
with
a
minimum
opening
deposit
of
$500
and
request
a
Business
Visa
CheckCard.
You
will
receive
a
credit
of
$150
to
your
new
business
checking
account
within
75
days
after
you
open
your
account.
Open
a
new
Business
Owner
Premier
Checking
account
by
May
30,
2008
with
a
minimum
opening
deposit
of
$100
and
request
a
Visa
CheckCard.
Cannot
be
combined
with
other
offers.
.
Current
employees
of
Sovereign
Bank
or
any
of
its
divisions
are
also
not
eligible
for
this
offer.
The
amount
of
the
account
credit
will
be
reported
to
the
IRS
as
interest.
and
the
unused
portion
of
any
Sovereign
credit
line]
is
$15,000
or
more
on
the
60th
day
after
you
open
your
account,
you
will
receive
a
credit
of
$150
to
your
new
checking
account
within
15
days
after
the
expiration
of
this
60-day
period.
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.
Your
account
must
be
open
and
in
good
standing
in
order
for
you
to
receive
your
account
credit.
One
$150
credit
per
customer.
Fees
may
reduce
earnings.
Annual
percentage
yield
[APY]
of
0.10%
when
balance
is
less
than
$5,000
and
0.45%
APY
when
balance
is
$5,000
and
above.
Funds
for
opening
deposit
must
come
from
another
financial
institution.
If
the
combined
balance
of
your
Sovereign
checking,
savings,
money
market
savings,
CDs,
IRAs,
investments
or
loans
[not
including
mortgages,
student
loans,
credit
card
balances,
unsecured
personal
loans
and
lines
of
credit
issued
by
FIA
Card
Services,
N.A.
One
$150
credit
per
business
entity
as
identified
by
taxpayer
identification
number
[TIN].
Your
account
must
be
in
good
standing
in
order
to
receive
your
bonus.
Funds
for
opening
deposit
must
come
from
another
financial
institution.
The
amount
of
the
account
credit
will
be
reported
to
the
IRS
as
interest.
Current
personal
checking
customers
or
anyone
who
has
had
a
personal
checking
account
with
Sovereign
Bank
or
any
of
its
divisions
in
the
last
60
days
are
not
eligible
for
this
offer.
APYs
effective
as
of
3/29/08
and
are
subject
to
change
at
any
time.
|
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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