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The following bonus info was reported in this iBankDesign.com post.


Quote:


Title: $150 bonus - Sovereign Bank : Free Business Checking; Exp. - 10/24/08



The bonus has expired!

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LINK

Terms:

* Open your new account with a minimum of $50 and in 90 days you'll receive $100.*
* Make 6 qualifying VisaŽ CheckCard purchases in those same 90 days and you'll get an additional $50.*



Open a new Free Business Checking or Business Checking Plus account by October 24, 2008 with a standard minimum opening deposit of $50 and request a Business Visa CheckCard (Business VCC). You will receive a credit of $100 to your new business checking account within 105 days after the account is opened. If you make 6 Business VCC purchases within 90 days after you open your account, you will receive an additional credit of $50 to your new business checking account within 15 days after the expiration of this 90-day period. Your account must be in good standing in order to receive your bonus. One $150 credit per business entity as identified by taxpayer identification number (TIN). The amount of the bonus credited to your account will be reported to the IRS as interest for the year in which the bonus is credited to your account. Customers that currently have or have had a business checking account in the last 90 days at Sovereign or any of its divisions are not eligible for this offer.


End of quote.

Source: iBankDesign.com

This bonus has expired!

 

 


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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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