Personal Bank Account
PeoplesBank
Bonus
$350
Monthly Fee
None
To Qualify
$1,500 Direct Deposit
Availability
MA, CT
Expires
10/26/2026
Bonus Details
$350 bonus deposited into your account within 60 calendar days after the qualification period ends.
How To Qualify
Open Free Checking online or in a banking center with $10 and promo code Fall26 during the offer period. Receive at least $1,500 in qualifying direct deposits within 60 days; salary, pension, government benefits and other recurring ACH credits qualify, but internal transfers, cash, checks and mobile deposits do not. Customers with a PeoplesBank consumer checking account within the past 12 months or previous promotional payouts are ineligible. Cannot combine offers; limit one promotional credit per primary taxpayer ID.
The Fine Print
- Monthly Fees
- None
- Credit Inquiry
- Soft Pull
- Household Limit
- One per customer
- Account Type
- Personal Bank Account
- Promotion Start Date
- 9/14/2026
- Expiration Date
- 10/26/2026
- Additional Requirements
- Credit card funding: up to $500 in deposits allowed per application
- Availability
- Massachusetts, Connecticut
Offer available in Hampden, Hampshire, and Franklin counties in Massachusetts and former Hartford, Tolland, Litchfield, and Middlesex counties in Connecticut.
Monthly Fee Details
No monthly maintenance fee or minimum balance if you choose the "Free Checking" option.
Early Account Closure Fee
According to their fee schedule there is a $15 fee for closing an account within 90 days.
Official offer terms
Source wording for the promotion. View official source Recorded Invalid Date.
Disclosure
Minimum opening deposit of $10 required. The Free Checking account must be opened online or in a banking center between 5/18/2026 and 6/30/2026. To qualify, the customer must mention or enter the promotional code Spring26350 at account opening and have a minimum of $1,500 in direct deposits within 60 days of the account open date. Qualifying direct deposits are electronic deposits from a third party, including salary, pension, government benefits or other recurring ACH credits. Transfers from another PeoplesBank account and deposits made by cash, check or mobile deposits do not qualify. If you meet the criteria, the $350 bonus will be deposited into your account within sixty (60) calendar days after the qualification period ends. Customers who have had an open PeoplesBank personal 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 former Hartford/Tolland/Litchfield/Middlesex counties in Connecticut. PeoplesBank associates are not eligible. Offer subject to change without notice. Bonus payout may be tax reportable, please consult your tax advisor.

