Sovereign Bank, N.A. is a Member FDIC and a wholly owned subsidiary of Banco Santander, S.A. © 2012 Sovereign Bank, N.A.| Sovereign and Santander and its logo are registered trademarks of Sovereign Bank, N.A. and Banco Santander, S.A. respectively, or their affiliates or subsidiaries in the United States and other countries. MasterCard is a registered trademark of MasterCard International Incorporated.
*Mortgage application must be received by 6/30/12. Mortgage must be closed by 9/30/12. Must have or open a new Premier Partnership or Preferred Partnership Checking account, and authorize e-Payment from the Sovereign checking account. All applications subject to approval.
**The e-pay discount is available for some adjustable rate mortgages but the discount is only available during the initial interest rate period. All applications are subject to approval. To receive the .125% e-pay discount, you must apply for a new mortgage loan, including a refinancing loan, mortgage application must be received by 6/30/12, must have or open a Sovereign Premier Checking account (within 12 days of loan settlement) and must request and maintain automatic payment of the monthly payment due on your Sovereign mortgage from that account. The checking account must remain open while your mortgage loan is outstanding with sufficient funds to pay your monthly payment or the rate discount will be terminated. One discount per loan. Cannot be combined with other offers. Mortgage must close by 9/30/12. Available on property in CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI and VT. Offer is limited; certain loan programs are excluded. Contact your Mortgage Development Officer for details.
† To receive a cash bonus you must: (A) Open a Sovereign Premier Partnership or Preferred Partnership checking account with a minimum deposit of $25; (B) Already have or open a new Sovereign Savings or Money Market Savings account with a minimum deposit of $10 (Premier Money Market Savings) or $25 (Preferred Money Market Savings) by 6/30/2012; (C) Enroll in Online Banking; and (D) Request a Sovereign Debit MasterCard (“Debit Card”) at account opening. You must then make 5 purchases with your Debit Card or receive one direct deposit transaction into your checking account within 60 days from the end of the month in which the account was opened to receive a cash bonus. When you qualify, the cash bonus will be credited to your new checking account within 75 days of the end of the month in which the account was opened. $125 cash bonus for Premier Partnership Banking; $75 cash bonus for Preferred Partnership Banking. One credit per customer. Offer ends 6/30/12 and Sovereign reserves the right to limit the cash offer availability at any time. Annual Percentage Yield (APY) examples: APY of .01% for Sovereign Premier Partnership Checking on balances less than $75,000, and 0.10% on balances of $75,000 or more; APY of .01% for Sovereign Preferred Partnership Checking on balances less than $2,000, and 0.01% on balances of $2,000 or more; APY of 0.08% for Sovereign Statement Savings. APYs are valid for new accounts only, are effective as of 3/3/12 and are subject to change thereafter and after account opening. Fees may reduce earnings. The amount of the cash bonus will be reported to the IRS as interest on Form 1099-INT for the year in which the bonus was paid. Current personal checking customers or anyone who has had a personal checking account with Sovereign Bank or any of its divisions in the last year are not eligible for this offer. Cannot be combined with other personal checking offer.