Find the latest People’s United Bank promotions, bonuses, and offers here.
They are currently offering a $50/$150 and $400 bonus when you open a new checking account and meet the requirements.
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People’s United Bank Promotions Review
Founded in 1842, People’s United Bank is a premier, community-based, regional Northeast bank with more than 5,500 employees offering commercial and retail banking, as well as wealth management services. Their priority is showing respect for their customers and having that returned through their ongoing trust.
- Availability: CT, MA, ME, NH, NY, VT (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: Unknown
- Early Termination Fee: None listed, check with CSR
For more current offers, check out our bank bonuses page. Compare People’s United Bank 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.
I’ll go over People’s United Bank offers below.
People’s United Bank $500 Checking & Savings Bonus
- What you’ll get: $400 bonus
- Where it’s available: CT, MA, ME, NH, NY, VT
- How to earn it:
- To qualify for the $300/$400 checking reward, you must:
- Mention promo code JAN2022 when you open your new Advantage, Advantage Plus or Premier Advantage checking account held individually or jointly between 1/7/2022 and 2/28/2022 with a $25 minimum opening deposit
- Receive qualifying direct deposits in the account totaling $2,500 or more within 60 days of account opening.
- Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security) from your employer or the government into your checking account.
- Earn additional $100 savings reward:
- Open a savings or money market account linked to a new Advantage, Advantage Plus or Premier Advantage checking account within 5 business days of opening the checking account with a $25 minimum opening deposit between 1/7/2022 and 2/28/2022
- Mention promo code JAN2022
- Maintain a Minimum Daily Balance in the account of at least $10,000 for 60 continuous days following account opening
- To qualify for the $300/$400 checking reward, you must:
- When it expires: 02/28/2022
(Offer expires February 28, 2022)
| Compare this offer to some of the higher end checking offers available. Current bonuses such as HSBC Premier Checking ($500 Bonus), Huntington 25 Checking ($300 Bonus), U.S. Bank Checking (up to $400 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
People’s United Bank $100 Checking Bonus
- What you’ll get: $100 bonus
- Where it’s available: CT, MA, ME, NH, NY, VT
- How to earn it:
- You or your employer must be enrolled in the Workplace Banking Program to be eligible for this promotion using the promo code WPB2021
- Sign up for a qualifying checking account by December 31, 2021.
- Receive qualifying direct deposits in the account totaling $1,500 or more within 60 days from your employer
- When it expires: 12/31/2021
(Expires December 31, 2021)
| Furthermore, I would compare this offer to some of the best offers available for entry level checking accounts. Current bonuses such as Chase Total Checking ($200 Bonus), Discover Cash Back Debit ( up to $360 Bonus), Aspiration Spend & Save Account ($150 Bonus), as well as the Citigold® Checking Account ( Up to $1,500 Cash Bonus) are all fantastic offers. |
People’s United Bank $50/$150 Referral Bonus
- What you’ll get: $50/$150 bonus
- Where it’s available: CT, MA, ME, NH, NY, VT
- How to earn it:
- Personal Checking:
- Get a $50 Visa® Reward Card when your friend registers, opens a new People’s United Bank personal checking account and completes one of the following within 60 days of account opening:
- Completes one (1) direct deposit of at least $100 or more into the new personal checking account, OR
- Makes at least ten (10) debit card purchases of at least $25 each that post to the new personal checking account
- Your friend can earn a $50 Visa Reward Card.
- Get a $50 Visa® Reward Card when your friend registers, opens a new People’s United Bank personal checking account and completes one of the following within 60 days of account opening:
- Business Checking:
- Get a $50 Visa Reward Card when your friend registers, opens a new People’s United Bank business checking account and completes one of the following within 90 days of account opening:
- Completes at least five (5) deposits of at least $500 or more into the new business checking account, OR
- Makes at least five (5) business debit card transactions or payments (ACH, check, wire) of at least $25 each that post to the new business checking account
- Your friend can earn a $150 Visa Reward Card.
- Get a $50 Visa Reward Card when your friend registers, opens a new People’s United Bank business checking account and completes one of the following within 90 days of account opening:
- Personal Checking:
- When it expires: Does Not Expire
(Does Not Expire)
Editor’s Note: Similar to the link above, you can choose to take advantage of this alternate link and earn a $150 referral bonus when you refer a business for a new Business Checking Account. However, your referral would have to meet the requirements associated.
How to Avoid Monthly Fees
- Plus Checking: None
- Advantage Plus Checking: $25, waive when you Keep $7,500 or more in combined average balances in your eligible accounts, including checking, savings and CDs
- Premier Advantage Checking: $30, waive when you Keep $75,000 or more in combined average balances in your eligible accounts, including checking, savings and CDs
- Business Advantage Checking: $10 monthly service charge will be waived with an average monthly collected balance of $1,000
- Business Advantage Plus Checking: $35 monthly service charge will be waived with an average collected balance of $25,000
- Premier Business Checking: $25 monthly service charge will be waived with a combined average collected balance of $50,000 or use of a Business Service
Author’s Verdict
This People’s United Bank $50/$150 Checking Bonus and $400 bonus are both easy bonuses to earn but the second promotion is only available in-branch. Overall, if I were to go for this bonus, I would open the Plus Checking Account to avoid any sort off fee and definitely trigger the direct deposit requirement.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of People’s United Bank promotions here.
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