Take a look at the most recent PeoplesBank bonuses, promotions, and offers here.
They are currently offering promotions where you can earn either a $25, $50, $100 or $250 bonus when you open a qualifying account and meet certain requirements.
PeoplesBank Bonuses Review
PeoplesBank is a leader in innovation, corporate responsibility, environmental sustainability, and employee engagement. Furthermore, since 1885 their commitment has been and will continue to be one centered on serving the financial needs of their customers, operating responsibly as a good corporate citizen, creating a great place to work for our people and working hard to improve the environment.
I’ll go over the PeoplesBank offers below.
PeoplesBank $600 Checking Bonus
Earn a $600 bonus when you open a new checking account and complete the qualifying activities.
- What you’ll get: $600 Bonus
- Eligible account: Checking Account
- Where it’s available: MA, CT MA, CT (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required:
- Monthly Fee: $0-$20; waivable
- How to earn it:
- Open a Checking Account with promo code FALLFUN by 11/8/2023.
- Start using your debit card. Use your debit card for 30 point of sale transactions within 60 days.
- Deposit money into your account. Deposit $2,000 digitally within 60 days.
- Receive $300 in your account within 60 days.
- Plus, earn an additional bonus with qualifying balances.
- Earn $150 Minimum daily balance: $10,000 OR
- Earn $300 Minimum daily balance: $25,000
- Maintain the minimum daily balance in the new checking account for 90 days to earn the additional bonus. The balance in your account as of the 14th day after account opening will determine the maximum additional bonus. Funds deposited must be new to PeoplesBank
(Expires 11/8/2023)
U.S. Bank Smartly® Checking ($400 Cash Bonus) | Truist Checking ($400 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($325 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) |
Fine Print
- Minimum opening deposit of $10 required. The checking account must be opened online or in a banking center between 10/4/23 – 11/8/23 with the code FALLFUN. Customers must mention or enter the FALLFUN promotional code.
- To qualify for the $300 offer, you must perform 30 point of sale (POS) debit card transactions and have a minimum of $2,000 in aggregate of mobile deposits, VideoBankerITM deposits, and/or direct deposits to the new account within sixty (60) days from the account open date. If you meet the criteria you will receive $300 in your account within sixty (60) days of meeting the criteria. Although not all debit card POS transactions appear in your account immediately or may appear as pending due to merchant processing times, these transactions will count toward the total POS debit card transactions. Qualifying direct deposits are electronic deposits (such as salary, pension, government benefits or other monthly ACH deposits) made into your new PeoplesBank checking account from third parties.
- If you meet the initial criteria above, you are eligible for an additional $150 if you maintain a $10,000 minimum daily balance in the new checking account or $300 if you maintain a $25,000 minimum daily balance in the new checking account for 90 days starting from the 14th day after your account opening date. NOTE: There will be 14 days to deposit funds to count towards your balance for purposes of this promotion. The balance on the 14th day after you open your account will determine your maximum eligible cash bonus. Funds deposited must be new to PeoplesBank. Additional bonus funds will be deposited in your new checking account within 60 days of meeting the criteria.
- Customers who have had an open PeoplesBank checking account within 12 months of the new account opening are not eligible for the offers. PeoplesBank associates are not eligible. Personal accounts only. New money only. Limit of one promotional account per person. Customers who have received promotional payouts previously are not eligible. Cannot be combined with any other offer. Offer available in Hampden/Hampshire/Franklin counties of Massachusetts and Hartford/Tolland counties in Connecticut. Offer subject to change without notice. Fees may reduce earnings.
PeoplesBank $100 Checking Bonus
Employees in the PeoplesBank-At-Work program can receive a $100 bonus when they open a checking account with direct deposit.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Where it’s available: MA, CT MA, CT (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: $0-$20; waivable
- How to earn it:
- An employee must sign up for direct deposit at the same time as they open their new PeoplesBank personal checking account
- They will deposit $100 into their new checking account after the first direct deposit is made.
(No Expiration Date Listed)
Chase Private Client ($3,000 Bonus) | U.S. Bank Smartly® Checking ($400 Cash Bonus) |
KeyBank Checking ($200 bonus) | Fifth Third Preferred Checking ($325 Bonus) |
Fine Print
- The first direct deposit must be made within 60 days from the new checking account open date.
- The PeoplesBank-at-Work offer is good for only one $100 offer per household opened at any PeoplesBank office.
- Offer subject to change without notice.
- Available as of 4/15/17.
PeoplesBank $25 Referral Bonuses
Employees in the PeoplesBank-At-Work program can receive a $25 bonus when they open a checking account when you refer them.
- What you’ll get: $25Bonus
- Eligible account: Checking Account
- Where it’s available: MA, CT MA, CT (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: $0-$20; waivable
- How to earn it:
- Refer your friends and family to open a qualifying checking account with direct deposit.
- All they need to do is fill out the form.
(No Expiration Date Listed)
Western Alliance Bank High-Yield Savings Premier (5.36% APY) | Customers Bank High Yield Savings (5.26% APY) |
RBMAX High Yield Savings (5.20% APY) | SoFi Checking & Savings ($325 Bonus + 4.60% APY) |
Ponce Bank Money Market (5.28% APY) | Harborstone Credit Union Money Market (5.25% APY) |
CloudBank 24/7 High Yield Savings (5.26% APY) |
Fine Print
- The PeoplesBank Referral Program is available to new and existing PeoplesBank customers.
- The referral must result in a new personal checking account.
- Referral form must be presented at the time the account is opened.
- $25 will be deposited into the referrer’s account at the time of the referral’s checking account opening.
- The referral will receive $25 within 6 weeks of their first direct deposit (direct deposit must be made within 60 days of account opening).
- This program cannot be combined with any other PeoplesBank offer.
- Offer subject to change without notice.
- Available as of 1/10/19.
How to Waive Monthly Fees
- Free Checking: No monthly maintenance service
- Choice Checking: $10.00 monthly waived with $2,000 or more are not made within each statement cycle
- Interest Checking: $20.00 monthly fees waived with $5,000 in average daily balances
- Primary Savings: No monthly maintenance service
- Growth Savings: $10.00 monthly waived with $2,500 or more in average balance
- Elite Tiered Money Market: No monthly maintenance service
- Student Savings: No monthly maintenance service
- Free Business Checking: No maintenance fee
- BusinessEdge: No maintenance fee
- Business Interest Checking: Not stated
- Commercial Checking: Not stated
- IOLTA: No maintenance fee
Conclusion
If you are a resident of Massachusetts or Connecticut, I highly recommend checking out this promotion. The bonus amount is higher than most other promotions and the requirements are pretty easy to complete. Be sure to open your account before it expires.
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.
Feel free to comment on this post with any questions you may have about PeoplesBank, their accounts they offer, or coupon codes.
Check back often for more PeoplesBank Bonuses, Promotions, or Offers!