It is business as usual with Sovereign Online Banking, even as Sovereign Bank is now a subsidiary of Banco Santander. Sovereign customers can count on the same close and personal attention that they have come to expect from Banco Santander.
Sovereign Bank’s homepage uses their red corporate color in a way that is eye-catching but dignified. Like a typical bank’s homepage, the layout is simple and readable. Products and services are laid out in 2 columns with separate tabs for personal, business, corporate, and government and institutional. It would have been nice, though, if they had use the whole screen for the layout of the web pages. Day-to-day banking can be done from any computer with internet access thru Personal Online Banking which features state-of-the-art Sovereign Secure Access. You can check your account balance, review activity, access account history, transfer funds between accounts, view, check images, request stop payments on checks, pay bills and receive e-Bills through BillPay.
Sovereign has a variety of savings options all featuring competitive rates. There is Savings for Minors for first-time savers 18 years and below, Club Account to help you save up for special occasions and at the end of your account’s term a check will be issued to you. The Passbook Savings is an interest-bearing account for those who prefer the security of a passbook. The Statement Savings is a simple and straightforward way to save money with low minimum balance. The Health Savings Account is a special tax-advantaged account used to save for qualified medical expenses and to manage your health care cost. The Money Market Savings allows you to earn competitive money market rates. The Sovereign CDs provide guaranteed rate of return whether it is short term or long term investment. Visit the Sovereign Bank website and learn about their current promotion on Limited-Time Save and CD Package. It has a $5,000 minimum deposit with an APY of 2.25% on a 6 month CD that must be opened on or before November 27, 2009.
Your safety is guaranteed whenever you visit Sovereign Online Banking.
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