New Inactivity Fee At Sovereign Bank

For those who may have opened a Sovereign Bank checking account for the $150 bonus, be careful to avoid fees.  FW member dbl118 reported in this FW thread that he received notice from Sovereign of a new fee for account inactivity. Starting in October 2010, it will be $16 per month. I believe after 90 days, you can close the account without a closing fee.