$75/$150 Sovereign Bank Checking Bonus

Check out Sovereign Bank $150 bonus for its Premier Checking account. In order to get $150 bonus, you must have a combined balances of $15000. You might want to open the Premier Money Market Savings since it has a higher yield of 2.75% APY. You can transfer the balances to the Premier savings help the loss of interest.

If $15K is too much for you, then open this $75 promotion Free Interest Checking Account. You must set up direct deposit within 60 days of account opening. There is no minimum balance requirements or monthly fees. Also, make sure to deposit $100 when opening this account before May 30th. No hard credit inquiry is done, but they use a Chexsystem for applying a checking account.

Both of the promotions require a $100 minimum deposit, and the accounts must be opened by May 30, 2008. I was told that there’s no account closure fee if an account is closed after 90 days. Otherwise, it’s $25. The CSR also said they don’t perform a hard credit inquiry. They just use ChexSystem in the application. You must visit their local branch to open the account. They are located in the Northeast in the states of Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Rhode Island.