Sovereign Bank, a subsidiary of Banco Santander, is currently offering a $150 checking account deal that runs until March 13, 2010.

The checking account offer is only available to the following states: ME, VT, NH, CT, RI, MA, NY, NJ, PA, MV, MD, DE, and District of Columbia.

To qualify for the $150 cash checking bonus you need to open a  new checking account by March 13, 2010 and meet the following requirements:

1. Open a new Sovereign Premier Checking, Business Owner Premier Checking, Interest Checking or Partnership Checking account by March 13, 2010. The account must be opened 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. Direct deposits you initiate from an account at another bank do not qualify.
5. Request a Sovereign Debit Card when you open the account and make 5 Debit Card purchases within 60 days after you open your account.

When you meet all the qualifications, you will receive a credit of $150 to your new checking account within 75 days after you open your checking account. There is a limit of one $150 credit per customer and checking accounts must be open to receive bonus.

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 the checking bonus offer. Current savings customers are eligible for the bonus offer.

Sovereign Bank $150 Checking Account Offer Here: Checking Offer