To qualify for this offer, your new account must be used to make any combination of purchase, balance transfer or cash advance transactions totaling at least $75 (exclusive of transaction fees, which may apply) within 90 days that FIA Card Services, N.A. opens your account. Limit one (1) item per new account. Sovereign Bank Student Credit Card offer is subject to application approval by FIA Card Services, N.A. After qualifying, a $50 statement credit will appear on your credit card statement. Allow 8-12 weeks from qualifying to receive the promotional credit.