Terms:
Open a new Sovereign Free Interest Checking account by May 30, 2008 with a minimum opening deposit of $100 and request a Visa CheckCard. If a direct deposit is made to your new checking account within 60 days after the day you opened your account, you will receive a credit of $75 to your new checking account within 15 days after the expiration of this 60-day period. One $75 credit per customer. Your account must be open and in good standing in order for you to receive your account credit. Annual percentage yield (APY) of 0.10% for Sovereign Free Interest Checking. APY effective as of 3/29/08 and is subject to change at any time. Fees may reduce earnings. The amount of the account credit will be reported to the IRS as interest. Funds for opening deposit must come from another financial institution. Current personal checking customers or anyone who has had a personal checking account with Sovereign Bank or any of its divisions in the last 60 days are not eligible for this offer. Current employees of Sovereign Bank or any of its divisions are also not eligible for this offer. Cannot be combined with other offers.
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