Find an updated list of PeoplesBank promotions, bonuses, and offers here.
Currently, you can take advantage of a $100 and $600 bonus when you open a Checking Account and meet all the requirements.
PeoplesBank Promotions Review
I’ll go over PeoplesBank offers below.
PeoplesBank $600 Checking Bonus
- What you’ll get: $600 bonus
- Where it’s available: MA, CT (Bank Locator)
- Direct Deposit Requirement: Yes, no minimum specified
- Credit Inquiry: Soft Pull
- Monthly fees: None
- Early Termination Fee: 90 days, $15
- How to earn it:
- Open a Checking Account with promo code FALLFUN by 11/8/2023.
- Start using your debit card. Use your debit card for 30 point of sale transactions within 60 days.
- Deposit money into your account. Deposit $2,000 digitally within 60 days.
- Receive $300 in your account within 60 days.
- Plus, earn an additional bonus with qualifying balances.
- Earn $150 Minimum daily balance: $10,000 OR
- Earn $300 Minimum daily balance: $25,000
- Maintain the minimum daily balance in the new checking account for 90 days to earn the additional bonus. The balance in your account as of the 14th day after account opening will determine the maximum additional bonus. Funds deposited must be new to PeoplesBank
(Expires 11/8/2023)
U.S. Bank Smartly® Checking ($400 Bonus) | Chase Total Checking ($300 Bonus) |
Truist Checking ($400 bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Momentum® Checking ($325 Bonus) | SoFi Checking and Savings Account ($275 Bonus) |
Fine Print
- Minimum opening deposit of $10 required. The checking account must be opened online or in a banking center between 10/4/23 – 11/8/23 with the code FALLFUN. Customers must mention or enter the FALLFUN promotional code.
- To qualify for the $300 offer, you must perform 30 point of sale (POS) debit card transactions and have a minimum of $2,000 in aggregate of mobile deposits, VideoBankerITM deposits, and/or direct deposits to the new account within sixty (60) days from the account open date. If you meet the criteria you will receive $300 in your account within sixty (60) days of meeting the criteria. Although not all debit card POS transactions appear in your account immediately or may appear as pending due to merchant processing times, these transactions will count toward the total POS debit card transactions. Qualifying direct deposits are electronic deposits (such as salary, pension, government benefits or other monthly ACH deposits) made into your new PeoplesBank checking account from third parties.
- If you meet the initial criteria above, you are eligible for an additional $150 if you maintain a $10,000 minimum daily balance in the new checking account or $300 if you maintain a $25,000 minimum daily balance in the new checking account for 90 days starting from the 14th day after your account opening date. NOTE: There will be 14 days to deposit funds to count towards your balance for purposes of this promotion. The balance on the 14th day after you open your account will determine your maximum eligible cash bonus. Funds deposited must be new to PeoplesBank. Additional bonus funds will be deposited in your new checking account within 60 days of meeting the criteria.
- Customers who have had an open PeoplesBank checking account within 12 months of the new account opening are not eligible for the offers. PeoplesBank associates are not eligible. Personal accounts only. New money only. Limit of one promotional account per person. Customers who have received promotional payouts previously are not eligible. Cannot be combined with any other offer. Offer available in Hampden/Hampshire/Franklin counties of Massachusetts and Hartford/Tolland counties in Connecticut. Offer subject to change without notice. Fees may reduce earnings.
PeoplesBank $100 Checking Bonus
- What you’ll get: $100 bonus
- Where it’s available: MA, CT
- How to earn it:
- A PeoplesBank employee must sign up for direct deposit at the same time as they open their new PeoplesBank personal checking account
- Earn a $100 into their new checking account after the first direct deposit is made
(No expiration date listed)
U.S. Bank Smartly® Checking ($400 Bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Preferred Checking ($325 Bonus) | Truist Checking ($400 bonus) |
How to Avoid Monthly Fees
- Free Checking: No monthly maintenance service
- Choice Checking: $10.00 monthly waived with $2,000 or more are not made within each statement cycle
- Interest Checking: $20.00 monthly fees waived with $5,000 in average daily balances
- Primary Savings: No monthly maintenance service
- Growth Savings: $10.00 monthly waived with $2,500 or more in average balance
- Elite Tiered Money Market: No monthly maintenance service
- Student Savings: No monthly maintenance service
- Free Business Checking: No maintenance fee
- BusinessEdge: No maintenance fee
- Business Interest Checking: Not stated
- Commercial Checking: Not stated
- IOLTA: No maintenance fee
Author’s Verdict
To summarize, PeoplesBank has some of the best promotions, bonuses, and offers. They offer a variety of banking options so take advantage.
For more current offers, check out our bank bonuses page. Compare PeoplesBank rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Smartly® Checking | $400 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $400 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
TD Bank Beyond CheckingSM | $300 Cash | Review |
Fifth Third Bank Checking | $325 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
Leave a Reply