You can receive a $150 bonus when you open a checking account at Sovereign Bank. There are several actions you have to take to qualify for the bonus and to avoid fees. Here are some details from the promo page:
In order to qualify for the $150 cash bonus, you need to: (1) open a new Sovereign Premier Checking, Business Owner Premier Checking, Interest Checking, or Partnership Checking account by March 13, 2010, with a minimum opening deposit of $100; (2) open a Premier Money Market Savings account or any Sovereign savings or money market savings account with a minimum opening deposit of $100 or already have a savings or money market savings account; (3) enroll in Online Banking at account opening; (4) set up and receive one direct deposit within 60 days of opening your account; (5) request a Sovereign Debit Card (“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 $150 to your new checking account within 75 days after you open your checking account.
Offer available only to residents in the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, MV, MD, DE, and District of Columbia.
Visit the bank promo page for more info or to apply for this bank bonus.


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