PeoplesBank (Bankatpeoples) Bonuses: $25, $100, $300 Checking, Referral Promotions (MA, CT)

Take a look at the most recent PeoplesBank bonuses, promotions, and offers here.

Update 9/24/24: This $300 checking bonus with direct deposit offer has been extended through 10/25/24. If you’re in the MA area, we recommend checking out offers from TD Bank. Bank of America is another great option for both MA, CT states.

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 $300 Checking Bonus 

• What you’ll get: $300 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. Open online or in any PeoplesBank Banking Center by October 25, 2024. Use promo code FallCK300.
  • Set up direct deposit. Deposit a minimum of $1,500 in direct deposits within 60 days.
  • Receive $300. Once you meet the criteria, you will receive $300 in your account within 60 days.

(Expires 10/25/2024)

Fine Print

• Minimum opening deposit of $10 required. The checking account must be opened online or in a banking center between 9/2/24–10/25/24.
• To qualify, the customer must mention or enter the promotional code FallCK300 and have a minimum of $1,500 in direct deposits within 60 days of the account open date.
• Customers who have had an open PeoplesBank checking account within 12 months of new account opening are not eligible for the offer. Personal accounts only.
• Limit of one promotional account per customer.
• Customers who have received promotional payouts previously are not eligible.
• Cannot be combined with any other offer.
• Offer available in Hampden/Hampshire/Franklin counties in Massachusetts and Hartford/Tolland/Litchfield counties in Connecticut.
• PeoplesBank associates are not eligible.
• Offer subject to change without notice.

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.

(Limited time offer)

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.

(Limited time offer)

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.

• Best Savings/Money Market rates
• Best CD Account rates

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!