Sovereign Bank $150 Checking Account Offer

Sovereign Bank, part of the Santander Group, is offering a $150 cash bonus for opening a checking account. Sovereign Bank’s current checking account promotion runs until May 28, 2010. There are a lot of requirements to qualify for this offer.

1) Open a new Sovereign Premier Checking, Business Owner Premier Checking, Interest Checking, or Partnership Checking account by May 28, 2010, with a minimum opening deposit of $100.

2) Open any new Sovereign savings or money market savings account with a minimum opening deposit of $100 or already have any Sovereign savings or money market savings account.

3) Enroll in Online Banking at account opening.

4) Request a Sovereign Debit Card (“Debit Card”) at account opening and make 5 Debit Card purchases within 60 days after you open your account

Once you meet all four qualifications the $150 bonus will be deposited into your checking account within 75 days. You’ll also have to have the checking account open to receive the $150 bonus.

For a list of Sovereign Bank checking account features and to sign up for this deal go to Sovereign Bank $150 Checking Account Bonus.