Complimentary companion airline ticket or a $100 dining card or both for opening a Sovereign checking account and here's the link Bonus available nationwide.

Mark, feel free to edit this in any way that you wish.

Mike


The thread title was edited by markber. See post # 2 for more details

Thanks, Mike! We really need more nationwide bonuses on the board. I edited the title of your post to be able to properly display it on ibankbonus.com and to reflect the fact that you can earn an additional $100 Dining Dough Card after 10 check card transactions and additional air ticket after direct deposit. Also, there are some terms of the bonuses below.


Terms from the bank website as of 6/20/07


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Now through August 31, 2007, open a new Sovereign personal checking account with a $100 deposit and a Sovereign Visa® CheckCard, and you'll get a $100 Dining Dough Card or a Roundtrip Companion Airline Ticket or both!*

Dine at your favorite restaurant or fly a friend on us.** It's all part of our Dine & Fly Rewards program. Just our way of saying thanks for banking with Sovereign. And the rewards don't end there.

Below are the rewards you can earn with each of our personal checking accounts



Sovereign Free Checking†
Open our simple, free, no-hassle account and get: Your choice of a $100 Dining Dough Card or a Roundtrip Companion Airline Ticket
Make 10 Visa CheckCard purchases within 60 days of opening your account‡ and get: An additional $100 Dining Dough Card



Sovereign Free Interest Checking††
Open the perfect account for your busy lifestyle and get: A $100 Dining Dough Card and a Roundtrip Companion Airline Ticket
Set up direct deposit on your account within the first 60 days‡‡ and get: An additional Roundtrip Companion Airline Ticket
Make 10 Visa CheckCard purchases within 60 days of opening your account‡ and get: An additional $100 Dining Dough Card



Sovereign Premier Checking†††
Open our most rewarding account and get: A $100 Dining Dough Card and a Roundtrip Companion Airline Ticket
Make 10 Visa CheckCard purchases within 60 days of opening your account‡ and get: An additional $100 Dining Dough Card
Bring your balance to $15,000 within 90 days after opening your account‡‡‡ and get: A One-Year Unlimited Roundtrip Companion Airline Ticket



A minimum deposit of $100 as well as a Sovereign Visa CheckCard is required. Funds must come from another financial institution. Annual percentage yield (APY) of 0.10% for Sovereign Free Interest Checking. 0.10% APY for Sovereign Premier Checking when balance is less than $5,000 and 0.45% APY when balance is $5,000 and up. APYs effective as of 6/16/07. APYs are subject to change at any time. Fees may reduce earnings. The value of the Dining Dough Card and Companion Airline Tickets may be considered interest paid and be subject to 1099 reporting. Personal accounts only. Sovereign Team Members excluded.

** For Dine Rewards: Dining Dough Cards are issued by Restaurant.com and may be redeemed solely for merchandise offered through diningdough.com. Dining Dough Cards have no cash value and may not be redeemed for cash or at any restaurants at any time. Other terms and conditions apply and can be viewed at diningdough.com. While supplies last. Limited to one card per account opened. Maximum of two cards per person. For Fly Rewards: Receive one coach class, companion airline ticket with the purchase of the first coach class, airline ticket. Limited to one certificate per account opened. Maximum of two certificates per person. While supplies last. Blackout dates will apply. 14-day advance purchase will be required. Fares subject to change without notice. Selection of airline varies by market. Airline service is not available in all markets. The complimentary companion ticket applies to the base fare only and is only available on fares offered through Promotions in Travel. Normal taxes and fees charged by the airline will apply to both tickets. See complete terms and conditions. Sovereign Bank does not provide travel services and is not affiliated with Promotions In Travel. Additional restrictions may apply. For One-Year Unlimited Roundtrip Companion Airline Ticket, see complete terms and conditions at companionfareregistration.com.

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I called the bank, got put on hold for a long time, then told to go to diningdough.com to find out what "dining dough" is.
Dining Dough, once you are enrolled and given a $100 credit, allows you to print out certificates for "Dining Dough" for restaurants in your area that ARE ON THEIR LIST. In my area (DC, MD, VA), very few chains are included, and not a lot of non-chain establishments. I dine out at least twice a month, and only one place I ever visited is on the list. Further, typically a dining dough certificate is for $10 with a $20 minimum purchase; $25 with a $50 minimum purchase, etc.
This program might be for some, but it seems to me to be much more restrictive than cash or even than giftcard giveaways.