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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $50 bonus - Sovereign bank : Student Banking package; Exp. - 7/1/11
The bonus has expired!
LINK
Terms:
In
order
to
qualify
for
a
cash
bonus,
you
need
to:
[1]
open
a
new
Sovereign
Student
Banking
package,
which
comprises
a
Sovereign
Free
Student
Checking
account
and
a
Sovereign
Free
Student
Savings
account,
or
have
a
pre-existing
savings
account,
each
with
a
minimum
opening
deposit
of
$10;
[2]
enroll
in
Online
Banking
at
account
opening;
[3]
request
a
Sovereign
Debit
MasterCard
["Debit
Card"].
When
you
qualify,
you
will
receive
a
credit
of
$25
to
your
new
checking
account.
The
total
amount
of
the
bonus
credited
to
your
account
will
be
reported
to
the
IRS
as
interest
on
your
Form
1099-INT
for
the
year
in
which
the
bonus
is
paid.
APYs
are
subject
to
change
at
any
time
and
after
account
opening.
Sovereign
team
members
are
not
eligible
for
this
offer.
.
For
accounts
opened
April
30,
2011
through
May
31,
2011,
the
5
purchases
must
be
made
by
July
31,
2011.
Offer
available
only
to
residents
in
the
following
states:
ME,
VT,
NH,
CT,
RI,
MA,
NY,
NJ,
PA,
WV,
MD,
DE,
District
of
Columbia.
Current
personal
checking
customers
or
anyone
who
has
had
a
personal
checking
account
with
Sovereign
Bank
or
any
of
its
divisions
in
the
last
year
are
not
eligible
for
this
offer.
The
annual
percentage
yield
[APY]
as
of
March
12,
2011
for
a
Free
Student
Savings
account
is
0.10%.
Offer
ends
July
1,
2011.
Maximum
$50
bonus
per
customer.
The
account
will
be
credited
by
September
15,
2011.
If
you
meet
the
conditions
for
the
$25
bonus
and
also
make
5
purchases
with
your
Sovereign
Debit
Card,
you
will
receive
an
additional
bonus
of
$25,
credited
to
your
new
checking
account.
The
account
will
be
credited
by
August
15,
2011.
Fees
may
reduce
earnings.
Cannot
be
combined
with
other
personal
checking
offers.
For
accounts
opened
June
1,
2011
through
July
1,
2011,
the
5
purchases
must
be
made
by
August
31,
2011.
|
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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