Sovereign Bank $50 Student Banking Package Bonus Offer

Sovereign Bank is offering a $50 student banking package bonus when you open a student checking and student savings account with Sovereign Bank, valid through September 10, 2010.

Students who open a Student Banking Package that includes Student Checking and Free Student Savings can qualify for this $50 Sovereign Bank bonus offer.

Just add Free Online Banking, a Sovereign Debit Card, and supply Sovereign Bank with a valid email address to get a $25 cash bonus.

Students who also use their Debit Card to make 5 purchases within 60 days of account opening will get an additional $25 for a total of $50 in banking bonuses from Sovereign Bank.

Check out this $50 Sovereign Bank Student Bonus Offer to open your student banking package for a $50 bonus today.

Plus, just for opening a Student Banking package, you’ll be automatically entered for your chance to win a $2,000 Grand Prize or 20 $500 runner-up prizes.

Sovereign Bank Student Bonus Details

The Sovereign Student Banking package is available for full-time and part-time students between the ages of 17 and 25 who are attending a college, university, or other undergraduate level school.

Proof of enrollment is required.

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, by September 10, 2010, each with a minimum opening deposit of $10.

2. Enroll in Online Banking at your account opening.

3. Request a Sovereign Debit Card.

4. Provide Sovereign Bank with a valid email address.

When you qualify, you will receive a credit of $25 to your new checking account within 45 days after you open your checking account.

If you meet the conditions for the $25 bonus and also make 5 purchases with your Sovereign Debit Card within 60 days of account opening, you will receive an additional bonus of $25, which will be credited to your new checking account within 75 days after you open your checking account.

The maximum bonus is $50 per customer.

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 6 months are not eligible for this offer.

This offer cannot be combined with other personal checking offers.

This offer is available only to residents in the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, WV, MD, DE, and District of Columbia.

Sovereign team members are not eligible for this offer.

Check out these additional Bank Promotional Offers as well for more current banking bonuses.

Take advantage of this Sovereign Bank student bonus offer to earn up to $50 in cash bonuses from Sovereign Bank.

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