Here rules of the bonus program from Everbank web site:
"The terms for qualifying for the $50 bonus are simple:
Your account must remain open for a minimum of 4 months.
In each month, you must maintain an average daily balance of at least $500.
During that 4-month period, you must either:
Pay a minimum of four bills online, or
set up direct deposit.
Within 30 days of the end of your 4-month anniversary, your $50 bonus will be deposited into your account."
^This offer is good for new customers only, one per customer. It is not good with any other Everbank offer. $50 reported as miscellaneous income.