I just noticed an ad for Sovereign Bank promotion
in this Boston.com article
. I'll have more on this tomorrow. One potential issue will be the monthly fees from the qualifying checking and money market account. According to the small print, it's only available in the Northeast: ME, VT, NH, CT, RI, MA, NY, NJ, PA, MV, MD, DE, and District of Columbia. Update 2/7/2010
: Refer to my blog post
for more details.