PeoplesBank Promotions: $400 Checking Bonus [MD, PA]

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:
  • Open a new PeoplesBank personal checking account.
  • You must receive at least one direct deposit in the amount of $1,000 or more to your newly opened PeoplesBank personal checking account within 45 days of the account opening.
  • 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.

(Expires 12/31/2023)

Fine Print

• You may earn a $400 bonus if you are a new or existing client to PeoplesBank and have not had a personal checking account relationship with PeoplesBank in the past 24 months.
• To earn the $400 bonus, the following requirements must be met: You must open a new PeoplesBank personal checking account.
• The 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 $1,000 or more to your newly opened PeoplesBank personal checking account within 45 days of the account opening.
• (Deposits in the form of an external transfer from another financial institution, an internal transfer from another PeoplesBank account, or deposits received through any person-to-person app such as Venmo or Zelle, do not qualify as a direct deposit to the account.)
• 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.
• The bonus is a limited-time offer and will start on November 7, 2023 and expire on or before December 31, 2023.
• PeoplesBank reserves the right to withdraw the offer at any time.
• An early account closure fee will be assessed to accounts closed within 90 days of account opening.

[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)

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.