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Home Bank Promotions

PeoplesBank (bankatpeoples.com) $300 Checking Bonus [CT, MA Residents] – Ends 10/25/24

Tony Jay by Tony Jay
September 22, 2024 10:56 pm CDT
in Bank Promotions
0
Earn a $300 cash bonus with BlueVine!
chase-total-checking-banner-300-2024

PeoplesBank (bankatpeoples.com) promotions and offers can be found updated here. There are several other banks with the same name (e.g. PeoplesBank, Peoples United Bank). This bank is at the url bankatpeoples.com. Typical offers range from $100 to $400.

PeoplesBank was established in 1885 and is headquartered in Holyoke, Massachusetts. They have 24 locations throughout Connecticut and Massachusetts.

  • Update 9/22/24: The offer is back through 10/25/24. This offer from BMO Bank is better, honestly.
  • Update 3/30/24: The offer is back but instead of $350, it is now $300. And it requires a direct deposit.

I’ll review the current offers below.

PeoplesBank $300 Checking Offer

  • What you’ll get: $300 bonus
  • Where it’s available: Hampden, Hampshire, or Franklin counties in Massachusetts and Hartford county in Connecticut.
  • How to earn it:
    • Open a new Choice Checking account online with promo code “Get350” or at a branch. Minimum opening deposit of $10 required.
    • Perform 30 point of sale (POS) debit card transactions
    • Minimum of $2,000 in aggregate of mobile deposits and/or direct deposits to the new account within 60 days from account opening.
  • When it expires: 10/25/2024
Learn More at bankatpeoples.com

Waive The Monthly Fee

  • The Choice Checking account has no monthly maintenance service charge with total deposits of $2,000 or more during each statement cycle.

Fine Print

  • Qualifying direct deposits are electronic deposits (such as salary, pension, Government Benefits or other monthly ACH deposits) made into your PeoplesBank Free checking account from third parties.
  • If you meet the criteria you will receive $350 in your account within four (4) weeks from meeting the criteria.
  • Customers who have had an open PeoplesBank checking account within 12 months of new account opening are not eligible for the offer.
  • PeoplesBank associates are not eligible.
  • Personal accounts only.
  • Limit of one promotional account per household.
  • Cannot be combined with any other offer.

Bottom Line

The bonus amount was previously $250, then increased to $350 and now back down to $300. Nice value but a direct deposit is required. Make a total deposit of $2,000 or more and you won’t have to deal with monthly fees.

Compare with the best bank promotions here, including ones from Bank of America, Chase, and Aspiration.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

Interactive Brokers Logo Click here to see why Interactive Brokers is the #1 brokerage for serious investors!

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Tony Jay

Tony Jay

Hey there! I'm Tony, a personal finance enthusiast.

If you're looking to maximize your savings, I've got you covered. From exclusive banking promotions and investing bonuses, to exciting credit card offers, I'll keep you in the loop on the hottest deals in town.

Join me here at MoneysMyLife and let's embark on this adventure together. Contact me here.

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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

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