Check out the most recent People’s United Bank bonuses, promotions, and offers here.
They are offering $100 bonuses for a new checking account and a $50/$150 bonus for referring a friend and a $400 checking bonus when you open a new checking account.
Table of Contents
People’s United Bank Bonuses Review
People’s United Bank is the largest bank in Connecticut. is headquartered in Bridgeport and is the largest bank in the state of Connecticut. They are also found in Massachusetts, Maine, New Hampshire, New York, and Vermont. It was established in 1988 and has grown to over 400 locations.
- Promotion Links:
- $400 Checking Savings Bonus (12/31/2021)
- $100 Checking Bonus *Workplace Banking*
- $50/$150 Referral Bonus (Does Not Expire)
- Alternate $150 Business Referral Bonus (Does Not Expire)
- Account Type: Checking Account
- Availability: CT, MA, ME, NH, NY, VT
- Branches: 413 (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Options: Unknown
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
I’ll go over the People’s United Bank offers below.
People’s United Bank $400 Checking Savings Bonus
Earn up to a $400 checking bonus when you open a new personal checking account online or at a People’s United Bank.
- What you’ll get: $400 Checking Savings
- Eligible account: Plus Checking Account, Advantage Plus Checking Account, Premier Advantage Checking Account
- Credit inquiry: Soft Pull
- Where it’s available: NY, CT
- How to earn it:
- Get up to $300 when you open a new checking account online and make qualifying deposits
- Plus $100 more when you add a Savings or Money Market to your checking account
- When you’ll receive it: Earn when you complete qualifying activity
- Monthly fee: $0 – $30, See below on how to waive
(Offer expired December 31, 2021)
Additionally, you can take advantage of some of the best offers available for entry level checking accounts such as Chase Total Checking® ($200 Bonus), HSBC Advance Checking ($240 Bonus), Huntington 5 Checking ($200 Bonus), Huntington Asterisk-Free ($150 Bonus) as well as TD Bank Convenience Checking ($150 Bonus).
How To Earn $400 Bonus
- To qualify for the $200 checking reward, you must:
- Open an Advantage or Advantage Plus Checking account;
- Receive qualifying direct deposits in the account totaling $1,500 or more within 60 days of account opening.
- To qualify for the $300 checking reward, you must:
- Open a Premier Advantage Checking account;
- Receive qualifying direct deposits in the account totaling $1,500 or more within 60 days of account opening.
- To qualify for the $100 savings reward, you must:
- 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
- Maintain a Minimum Daily Balance in the account of at least $10,000 for 60 continuous days following account opening.
- Mobile and Online Banking
- Unlimited check writing and ATM access
- Mobile deposit
- Links to companion savings, money market, and CD accounts
- Access to over 600 People’s United ATMs
- Plus Checking Account: There are no monthly fees with this account.
- Advantage Plus Checking Account: This account has a $25 monthly service fee. The fee is waived when you maintain a Combined Average Balance of $7,500 or more in personal accounts.
- Premier Advantage Checking Account: This account has a $30 monthly service fee. The fee is waived when you maintain a Combined Average Balance of $75,000 or more in personal accounts.
- Business Checking Account: No monthly checking fees
- The credit monitoring offer is for People’s United Bank Premier Advantage and Advantage Plus Checking customers only. To receive this offer you must enroll online.
- Credit monitoring will remain free and in effect during the term that the Premier Advantage or Advantage Plus Checking account remains open.
- People’s United Bank will rebate to you all domestic ATM fees other banks may charge when making an ATM cash withdrawal.
- People’s United Bank will not charge you when you use a non-People’s United Bank ATM.
- There is no monthly service charge if the primary or secondary account owner is age 23 or under.
People’s United Bank $100 Checking Bonus *Workplace Banking*
Employees that work for businesses that partner with People’s United Bank qualify for this bonus.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Credit Inquiry: Soft Pull
- 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 with the promo code WPB2020
- Set-up a qualifying direct deposit of $500 or more to the account.
- Have 15 debit transactions of at least $25 each within 90 days of account opening.
- When you’ll receive it: You will earn your $100 bonus within 8 weeks after 90 days of account opening.
- Monthly fee: Varies
(No expiration date listed)
For other business checking accounts, take a look at our Chase Business Checking ($300 Bonus), Huntington Unlimited Plus Business Checking ($750 Bonus), Huntington Unlimited Business Checking ($400 Bonus), as well as the Huntington Business Checking 100 ($200 Bonus).
How to Earn $100 Bonus
- Open a Personal Checking account from People’s United Bank.
- Complete one of the following:
- Receive direct deposits of $500 or more at least monthly for 90 continuous days following account opening.
- Have at least 15 debit card purchases of at least $25 each post to your new personal checking account within 90 days of account opening.
- Keep the account open and in good-standing and the bonus will be rewarded 6-8 weeks after the account has been opened
- First order of checks
- Health Savings Account
- People’s United Bank ATM transactions
- Plus Checking Account: None
- ePlus Checking Account: $10 waived if you make 10 transactions per statement.
- Advantage Plus Checking: $25 waived when you maintain a combined average balance of $7,500 in personal deposit accounts.
- Premier Checking Account: $30 waived if you maintain the account balance of $75,000.
- If the checking account is closed within 6 months of opening, we may deduct the bonus amount at the time of account closing.
- One reward per household.
- The reward is considered interest and will be reported on IRS Form 1099-INT.
- This offer is valid only for a new account opened by an employee of an employer enrolled in our Workplace Banking program.
- Participation in Workplace Banking terminates when you terminate your relationship with the enrolled Workplace Banking company or when the enrolled company no longer participates in Workplace Banking.
People’s United Bank $50/$150 Referral Bonus
Earn up to a $150 referral bonus when you open a new personal checking account online or at a People’s United Bank’s stop & shop location. Earn up to $500 with referrals.
- What you’ll get: $50/$150 Bonus
- Eligible account(s):
- Credit inquiry: Soft Pull
- Where it’s available: NY, CT
- How to earn it:
- Refer your friends and family to open a qualifying account
- Complete the requirements
- When you’ll receive it: Earn when you complete qualifying activity
- Monthly fee: $0 – $30, See below on how to waive
(Does Not Expire)
Additionally, you can take advantage of some of the best offers available for entry level checking accounts such as Chase Total Checking® ($200 Bonus), HSBC Advance Checking ($240 Bonus), Huntington 5 Checking ($200 Bonus), Huntington Asterisk-Free ($150 Bonus) as well as TD Bank Convenience Checking ($150 Bonus) are all great offers.
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 Earn the $50/$150 Bonus
- 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:
- Mobile and Online Banking
- Unlimited check writing and ATM access
- Mobile deposit
- Links to companion savings, money market, and CD accounts
- Access to over 600 People’s United ATMs
- Plus Checking Account: There are no monthly fees with this account.
- Advantage Plus Checking Account: This account has a $25 monthly service fee. The fee is waived when you maintain a Combined Average Balance of $7,500 or more in personal accounts.
- Premier Advantage Checking Account: This account has a $30 monthly service fee. The fee is waived when you maintain a Combined Average Balance of $75,000 or more in personal accounts.
- Business Checking Account: No monthly checking fees
- The Referred Person may only receive one Visa Reward Card for opening an account and completing the requirements but may also be eligible as a Referrer.
- The Referred Person, and the Referred Person account owner on the new personal checking account, cannot have had a People’s United Bank personal checking account in the past 180 days.
- Direct Deposit transactions are limited to payroll, Social Security, pension, and government benefits. PayPal® and Square, Inc. payments are excluded.
- Health Savings Accounts (HSA) are not eligible for this offer.
Conclusion
Lastly, make sure to check out People’s United Bank to learn more about the current bonus offers. Simply meet the requirements above and you will be able to start a new banking experience. In my opinion, the bonus amounts are nothing to go out of your way for. However, if you were looking to switch to this bank already, take advantage of one of these offers.
Feel free to comment on this post with any questions you may have about the People’s United Bank, their accounts they offer, or coupon codes.
Check back often for more People’s United Bank Bonuses, Promotions, or Offers!
| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete BankingSM | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| Bank of America Checking | $100 Offer | Review |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| HSBC Advance Checking Member FDIC | $200 Cash | Review |
| HSBC Advance Checking Member FDIC | Up To $240 | Review |
| Aspiration | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington 25 Checking | $300 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| Axos Bank Basic Business Checking | $100 Cash | Review |
| Ally Invest | Up to $3,500 Cash | Review |
| BlockFi | Up To $250 BTC | Review |
| Discover Bank Cashback Debit | $360 Debit Cashback | Review |
