Free Checking
from Sovereign Bank

Both online and at 750 branches throughout the Northeast, Sovereign Bank offers Sovereign Free Checking with BillPay, no minimum balance and no maintenance fees.

Free Checking Reviews

1.0
Aug 11, 2008 10:26 am

sovereign bank is shady, corrupt, and has very deceitful business practices.
They have hidden fees, and will not help their valued customers.
They withhold anything over 750.00 of your check for about 4 business days after depositing it.
If u have direct debit on your bills, be careful, because if it goes over that 750.00 you will get charged 33.oo a pop for any and all transactions that have gone through, which in turn will overdfaft your account and then they will charge you 33.00 for each trsnsaction that comes through after that. Since the ball was already rolling, there is no way to stop it. The bank will not help you reclaim those funds, and you will owe the bank alot of money.
I used 4.90 of that money they put on hold in my account, and by the next two days, it cost me 429.00! I will never see that money again. I am leaving this bank within the next two weeks, and want to spread the word to anyone contemplating joining this bank!

Read More

Rate and review Free Checking from Sovereign Bank - Tell us what you think:

Drag

Not Rated
Submit

Have a Questionabout Checking Accounts?

Ask Ari, our Checking Account guru. Learn more about Ari »
Submit_btn_community

Ari answered rishabh's question:

Unknown-small
rishabh asked:

question about online transfer fee between different banks

Staff
Ari answered:

This does seem rather odd, though I am not familiar with the terms of your ...

Find the best checking account for you

You can sort by:
  • Rating
  • Reviews Count
Sm_go
Type Today Week Ago
15 Year Fixed 5.88% Rates_down 5.99%
30 Year Fixed 6.09% Rates_down 6.21%
1 Year ARM 4.61% Rates_down 4.94%
5/1 Year ARM 5.09% Rates_down 5.37%
Type Today Week Ago
Line of Credit 4.76% Rates_down 4.78%
10 Year Loan 7.74% Rates_up 7.72%
15 Year Loan 7.88% Rates_up 7.86%
Type Today Week Ago
Interest Checking 0.39% 0.39%
Money Market/Savings 0.66% 0.66%
12 Month CD 2.46% Rates_deposit_down 2.51%
60 Month IRA CD 3.40% Rates_deposit_down 3.42%
Type Today Week Ago
Cash Back Cards 10.89% Rates_up 10.76%
No Annual Fee Cards 11.17% Rates_up 11.13%
Reward Cards 11.81% Rates_up 11.75%
Small Business Cards 11.08% Rates_down 11.09%
Student Cards 13.62% Rates_up 13.54%
Platinum Cards 11.17% Rates_up 11.15%
Provided by Informa 11.20.08