Find the latest listing of PeoplesBank promotions, bonuses, and offers here.
Current offers include a $400 checking bonus.
PeoplesBank Promotions Review
PeoplesBank is a financial institution that has kept the same core values for over 200 years. They are committed to offering unique services to their clients while making a difference.
I’ll go over PeoplesBank offers below.
PeoplesBank $400 Checking Bonus
- What you’ll get: $400 bonus
- Availability: MD, PA (Bank Locator)
- Direct Deposit Requirement: Yes, $1,250+
- Credit Inquiry: Soft Pull
- Monthly Fees: None
- Early Termination Fee: $100 if closed within 90 days
- How to earn it:
- You must open a new personal checking that is one of the following product types: PrimeTime or Momentum.
- This new checking account must be your first personal checking account relationship with PeoplesBank in the past 24 months.
- You must receive at least one direct deposit in the amount of $1250 or more to your newly opened PeoplesBank checking account within 45 days of the account opening.
(Expires 06/30/2023)
| Furthermore, I would compare this offer to U.S. Bank Smartly® Checking ($1000 Bonus), SoFi Checking and Savings Account ($275 Bonus), Chase Total Checking ($200 Bonus). |
Fine Print
- A minimum deposit of $25.00 is required to open all checking accounts.
- The bonus will be paid in the form of a statement credit provided within 2 statement cycles after all of the requirements have been met.
- PeoplesBank reserves the right to withdraw the offer at any time.
[Expired] PeoplesBank $250 Prize Checking Bonus
- What you’ll get: Entering in drawing for $250 bonus
- Availability: MD, PA (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: None stated
- Early Termination Fee: None listed, check with CSR for more information
- How to earn it:
- Enroll in Personal Online Banking before November 30th and you will be automatically entered into a drawing to win one of four prizes of $250 each!
- When it expires: 11/30/2020
(Expires November 30, 2020)
| Compare this offer to some of the higher end checking offers available such as U.S. Bank Smartly® Checking ($1000 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
How to Avoid Monthly Fees
- PeoplesBank Momentum Checking & Savings: No fee when you opt into e-statements or $5 monthly fee for
paper statement - PrimeTime: $3.00 per month if balance falls below minimum any day during
statement cycle - Basic Business Checking: $0.45 per item over allowed limit
- Business Checking: $0.35 per item over the allowed limit. $20.00 per month maintenance fee if the balance requirement is not met during the statement cycle
- Interest Checking: $0.45 per item over the allowed limit. $30.00 per month maintenance fee if the balance requirement is not met during the statement cycle
- Select Business Checking: $0.25 per item over the allowed limit. $30.00 per month maintenance fee if the balance requirement is not met during the statement cycle
- Relationship Business Checking: $0.35 per item over limit the allowed
Author’s Verdict
To summarize, PeoplesBank has some of the best promotions, bonuses, and offers in Massachusetts and Pennsylvania. You can be sure to receive the best rates while receiving excellent customer service.
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, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.
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