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 $500 checking bonus when you open a new checking account.
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.
- Availability: CT, MA, ME, NH, NY, VT (Bank Locator)
- Credit Inquiry: Soft Pull
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 $500 Checking Bonus
Earn up to a $500 checking bonus when you open a new personal checking account online or at a People’s United Bank.
- What you’ll get: $500 Checking Savings
- Eligible account: Plus Checking Account, Advantage Plus Checking Account, Premier Advantage Checking Account
- Where it’s available: CT, MA, ME, NH, NY, VT
(Offer expires 02/28/2022)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
How To Earn Bonus
- To qualify for the $300 or $400 personal checking offers, 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.
- 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 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.
- This offer is available for new accounts opened in a People’s United Bank branch or online.
- For accounts opened online, you must use the “Open Now” link on the offer page at the time of account opening to be enrolled in this online only offer.
- If you enter an eligible zip code and use the “Open Now” link, the promo code JAN2022 will display.
- The account must be opened with funds not currently held at People’s United Bank or its subsidiaries.
- Transfers from existing People’s United Bank accounts do not qualify.
- This offer is not valid for multiple accounts and is only available for one savings or money market account per checking account and per household. Interest rates are variable and subject to change.
- They reserve the right to convert the account to a Statement Savings account without prior notice if the linked checking account is closed.
- The personal checking offer and savings and money market offer is not available to existing People’s United Bank personal checking, savings or money market account customers, respectively, which means any account owner cannot currently have or have had a People’s United personal checking, savings or money market account, as applicable within the last 365 days.
- Fiduciary accounts are not eligible.
- This offer may not be combined with other offers.
- Offer expires 2/28/2022; however, People’s United Bank may change or discontinue this offer at any time before this date without notice.
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
- Where it’s available: CT, MA, ME, NH, NY, VT
(Offer expires 12/31/2021)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
How to Earn 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
- 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):
- Where it’s available: NY, CT
(No expiration date listed)
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 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:
- 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.
How To Waive 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
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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!
