The Sovereign Bank Student Package is offering up to a $75 banking bonus when you open both a student checking and savings account and complete qualifying actions, valid through November 30, 2010.
This offer is only available to residents in the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, WV, MD, DE, and District of Columbia.
You’ll earn up to $75 in cash rewards when you open a new Student Checking and Student Savings account from Sovereign Bank.
Check out this Sovereign Bank Student Package Bonus Offer for more details.
How To Get Your Sovereign Bank Bonus
Earn up to $75 in cash bonuses from Sovereign Bank student accounts.
1. Open a new Student Banking package, including Student Checking and a Student Savings account.
2. Enroll in Free Online Banking with BillPay at account opening.
3. Get a Sovereign Debit Card and use it to make 5 purchases.
1. Set up and receive a direct deposit within 60 days of account opening and fulfill the above requirements for the $50 bonus.
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 Free Student Checking account and a Sovereign Free Student Savings account, or have a pre-existing savings account, by November 30, 2010, each with a minimum opening deposit of $10; (2) enroll in Online Banking at account opening; and (3) request a Sovereign Debit Card and make 5 Debit Card purchases within 60 days after you open your account.
When you qualify, you will receive a credit of $50 to your new checking account within 75 days of account opening.
In addition, if you set up and receive a direct deposit within 60 days of account opening and fulfill the above requirements, you will receive an additional bonus of $25, which will be credited to your new checking account within 75 days after account opening.
There is a maximum of $75 in cash bonuses per customer, and the checking account must be open to receive your bonus.
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.
Sovereign Team Members are not eligible for this offer.
Take advantage of this Sovereign Bank Student Banking Package promotional offer to earn up to $75 in cash bonuses.
Sign up for your Sovereign Bank student accounts today to get a $75 bonus from Sovereign Bank.