Take advantage of the latest Peoples Bank bonuses, promotions and offers here.
Currently, you find bank bonuses of $150 and $300 when you open a new checking account.
Peoples Bank Bonuses Review
Established in 1935, Peoples Bank has been serving Floridians through 20 branches throughout the state.
I’ll review the current Peoples Bank bonuses below.
Peoples Bank $300 Checking Bonus
Earn a $300 bonus from Peoples Bank when you open a new Premier Checking Account and complete the requirements.
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What you’ll get: $300 Bonus
- Eligible account: Premier Checking
- Availability: DC, KY, MD, OH, VA, WV (Branch Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: $15; see below on how to waive the fee
- How to earn it:
- Open a new Premier Checking Account and receive a $50 credit monthly for the first 6 statement cycles following the account opening up to $300 total. To be eligible, during each statement cycle you must do the following:
- Be enrolled in electronic statement delivery as of the end of the statement cycle
- Have at least one direct deposit transaction
- Have 5 or more debit card purchases debited from your account during the statement cycle (excludes ATM transactions)
- Open a new Premier Checking Account and receive a $50 credit monthly for the first 6 statement cycles following the account opening up to $300 total. To be eligible, during each statement cycle you must do the following:
(No Expiration Date)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Limited time offer.
- Rates and offer dates subject to change without notice and offer may be withdrawn at any time.
- Fees may reduce earnings on the account.
- A minimum of $25 is required to open an account.
- Limited to one new checking account per customer.
- Offer is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- Peoples Bank (w/ logo)® and Working Together.
- Building Success.®, individually, are federally registered service marks of Peoples Bank.
Peoples Bank $150 Checking Bonus
Earn a $150 bonus from Peoples Bank when you open a new Interest Plus Checking Account and complete the requirements.
- What you’ll get: $150 Bonus
- Eligible account: Interest Plus Checking Account
- Where it’s available: DC, KY, MD, OH, VA, WV
- Direct Deposit Required: Yes
- Monthly Fee: $10; see below on how to waive the fee
- How to earn it:
- Open a new Interest Plus Checking Account and receive a $25 credit monthly for the first 6 statement cycles following the account opening up to $150 total. To be eligible for the bonus, you must do the following:
- Be enrolled in electronic statement delivery as of the end of the first statement cycle
- Have at least one direct deposit transaction
- Have 5 or more debit card purchases debited from your account during the statement cycle (excludes ATM transactions)
- Open a new Interest Plus Checking Account and receive a $25 credit monthly for the first 6 statement cycles following the account opening up to $150 total. To be eligible for the bonus, you must do the following:
(No Expiration Date)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Limited time offer.
- Rates and offer dates subject to change without notice and offer may be withdrawn at any time.
- Fees may reduce earnings on the account. A minimum of $25 is required to open an account.
- Limited to one new checking account per customer.
- Offer is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- Peoples Bank (w/ logo)® and Working Together.
- Building Success. ®, individually, are federally registered service marks of Peoples Bank
How To Waive Monthly Fees
- Personal Checking: Avoid a $6.00 cycle maintenance charge with any one of the following: Maintain an average balance of $500.00 or more per statement cycle, Complete one or more Direct Deposit credit transactions that total $1,000.00 or more during each statement cycle, Have 10 or more debit card purchases debited from your account during the statement cycle (excludes ATM transactions)
- Interest Plus Checking: Avoid a $10.00 Cycle Maintenance Charge With Any One of the Following: Maintain an average balance of $2,500.00 or more per statement cycle, Combine balances of at least $5,000 of Peoples Bank savings or money market accounts, Have an active related enrolled secured consumer loan
- Premier Checking: Avoid a $15.00 Cycle Maintenance Charge With: combined balances of $25,000 of Peoples Bank checking, savings, CD or money market accounts or Peoples Investment Services accounts determined at qualification
- Student Checking: $5, waive with e-statements
- Hometown Heroes Banking: None listed
- Workplace Banking: None listed
- Liberty 10 Checking: None listed
- Statement Savings Account: Keep a minimum of $200 daily balance, and you’ll avoid a $2 monthly fee. Have six or fewer debit transactions per month and you’ll avoid a $10 monthly fee
- Senior Statement Savings: None
- Young Peoples Bank Savings Account: None
- Christmas Club Savings Account: None
- Health Savings Account: A minimum balance fee of $2.00 will be imposed per month if the account falls below $200.00 on any given day of the month
- Freedom Money Market Account: Keep a minimum of $10,000 daily balance and you’ll avoid a $10 monthly fee. Keep the account open for at least 180 days and you’ll avoid a fee of $25. Have six or fewer debit transactions per month and you’ll avoid the $10 monthly fee
- Basic Business Checking: None
- Business Interest Checking: Maintain account balance of more than $5,000 to avoid a $10 per month charge. Make 200 or fewer transactions a month to avoid a $.35 per item charge
- Analyzed Checking: Competitive Earning Credit Rate (ECR) to potentially offset account fees. Contact your business banker for specific details. Enroll in e-statements to avoid a $2.00 paper statement fee.
- Total Business Checking: Maintain account balance of more than $10,000 to avoid a $15 per month charge. Make 500 or fewer transactions a month to avoid a $.35 per item charge
- Community Checking: Maintain account balance of more than $100 to avoid a $2 per month charge. Make 500 or fewer transactions a month to avoid a $.35 per item charge
- Business Savings Account: Keep a minimum of $200 daily balance, and you’ll avoid a $2 monthly fee. Have six or fewer debit transactions per month and you’ll avoid a $10 monthly fee
- Community Statement Savings: Have six or fewer debit transactions per month and you’ll avoid a $10 monthly fee
- Business Freedom Money Market Account: Keep a minimum of $10,000 daily balance and you’ll avoid a $10 monthly fee. Have six or fewer debit transactions per month and you’ll avoid the $10 monthly fee
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Conclusion
Lastly, Peoples Bank offers fantastic promotions of you to take advantage of. Additionally, you will be able to earn the bonus while taking advantage of the account features. With that being said, I highly recommend you consider different bank offers for better opportunities.
Feel free to comment on this post with any questions you may have about Peoples Bank, their accounts they offer, or any experiences you have had!
While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.
However, if you do not live in Florida, definitely take a look at 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.
Check back often for more Peoples Bank Bonuses, Promotions, or Offers!
