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PeoplesBank (peoplesbanknet.com) was established in 1934 and is headquartered in York, Pennsylvania. They will offer some worthy promotions from time to time and I’ll update them here.
This bank has a little under 40 locations throughout Maryland and Pennsylvania.
See our bank offers page for more offers. Top offers can be found from TD Bank, Chase Bank, HSBC Bank, Aspiration, Huntington, Bank of America and many more.
Aside from their Indexed Money Market Account with some hefty minimum deposit requirements, you’ll want to get better national rates here: Savings/Money Market Rates | CD Rates.
I’ll review the current offers below.
PeoplesBank Enroll Now To Win $250 Prize
- What you’ll get: Drawing to win $250
- Where it’s available: MD, PA
- How to earn it:
- When you enroll in Personal Online Banking between now and November 30th, you will be automatically entered into a drawing to win one of four prizes of $250 each!
- When it expires: 11/30/2020
[Expired] PeoplesBank $200 Checking Account Bonus
This $200 bonus offer is available for a new PeoplesBank Checking account and direct deposit will be required to qualify.
- $200 bonus offer expires 6/30/2020
- Available in Maryland and Pennsylvania
- Direct deposit is required
- Application will trigger a Soft Pull, which does not affect your credit
- There’s a $100 early account termination fee if your account is closed within 90 days of opening
There are several offers worth comparing this one to. A few great checking accounts with bonus offers include the Chase Total Checking® ($225 bonus), TD Bank Convenience CheckingSM ($150 bonus), Aspiration Checking ($150 or $200 bonus), Bank Of America Advantage Banking ($100 bonus), Huntington Bank (up to $500 bonus) and HSBC Premier Checking ($450 bonus).
How To Earn The $200 Bonus
- To qualify, a minimum of one direct deposit in the amount of $350 or more must occur in the account within 45 days of account opening and the account must be in good standing with a positive balance.
- Qualifying direct deposits include electronic deposits from payroll, Social Security, or retirement benefits and do not include electronic transfers or credits such as account-to-account transfers or those made with internet payment services.
- Bonus will be paid in the form of a statement credit to the account after the 45 day period and may take up to two statement cycles to appear.
Fine Print
- One bonus will be credited to an eligible new PeoplesBank checking account opened online for new or existing clients who have not had an existing checking account relationship with the Bank within 24 months.
- Limit one bonus per client regardless of the number of accounts opened or titling of accounts.
- Offer does not apply to employees of PeoplesBank and their immediate family members.
- Bonus paid to the client is reportable for tax purposes.
- A premature account closure fee of $100 will be assessed for accounts closed within 90 days of account opening.
- All checking accounts require a $25 minimum opening deposit.
Bottom Line
Here’s a good value bonus offer from a bank with a small footprint of nearly 40 branches. Requirements are pretty standard with a $350 (higher than their previous offers) direct deposit needed to qualify.
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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.