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Bank $50 bonus - Sovereign bank : Student Banking package; Exp. - 7/1/11 - 06-05-2011, 12:26 PM



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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. 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. For accounts opened April 30, 2011 through May 31, 2011, the 5 purchases must be made by July 31, 2011. The account will be credited by August 15, 2011. For accounts opened June 1, 2011 through July 1, 2011, the 5 purchases must be made by August 31, 2011. The account will be credited by September 15, 2011. Offer ends July 1, 2011. Maximum $50 bonus per customer. The annual percentage yield (APY) as of March 12, 2011 for a Free Student Savings account is 0.10%. APYs are subject to change at any time and after account opening. Fees may reduce earnings. 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. 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. Cannot be combined with other personal checking offers. Offer available only to residents in the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, WV, MD, DE, District of Columbia. Sovereign team members are not eligible for this offer.





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