bank rates

Sovereign Bank $100 Gas Card Checking Account Deal

SOVEREIGN BANK CD RATES

Sovereign Bank is running a promotion on their checking accounts. If you sign up for a personal checking account and use their Visa CheckCard 6 times in 60 days, you will get a $50 Exxon Mobil gas card. Add direct deposit and get another $50 gas card.

If you open a business checking account with them and use their VISA CheckCard, you can get a $200 Exxon Mobil gas card.

So what’s the catch?

Unlike a CD (certificate of deposit) or money market savings account, the interest rates on these checking accounts are very low. The last time I checked, they were only 0.10% APY.

If you want to get cash back on gas, you can also apply for a gas rewards credit card. You can get about 5% cash-back at the pump. Considering the rising costs of fuel, this could really add up!

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (3)
1 Star2 Stars3 Stars4 Stars5 Stars (15 votes, average: 3.07 out of 5)
Loading...
3 Existing Comments
  1. Leigh said:
    on July 25th at 04:35 pm

    Looks this deal is dead

Trackbacks