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Personal Bank Account

PeoplesBank

Bonus

$350

Monthly Fee

None

To Qualify

$1,500 Direct Deposit

Availability

MA, CT

Expires

10/26/2026

View Offer

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.

Minimum opening deposit of $10 required. The Free Checking account must be opened online or in a banking center: Sept 14, 2026 – Oct 26, 2026. To qualify, the customer must mention or enter the promotional code Fall26 at account opening and have a minimum of $1,500 in direct deposits within sixty (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. Offer valid for new PeoplesBank Free Checking customers only. Customers who have, or have had, a PeoplesBank consumer checking account within the past 12 months are not eligible for this offer. Personal accounts only. Limit one promotional credit per primary taxpayer identification number (SSN, EIN, or TIN), regardless of the number of eligible accounts opened or whether the accounts are for personal or business purposes. Personal and sole proprietorship/DBA accounts sharing the same primary tax identification number are subject to the same promotional credit limit. Only the first account to meet all promotional requirements will qualify for the promotional credit. Customers who have previously received promotional payouts are not eligible. Cannot be combined with any other offer. Offer available to consumers in Hampden/Hampshire/Franklin Massachusetts counties and former Hartford/Tolland/Litchfield/Middlesex Connecticut counties. PeoplesBank associates are not eligible. Offer subject to change without notice. Bonus payout may be reported as taxable income, please consult your tax advisor. No monthly maintenance fees Plus, no minimum balance requirements for Free Checking accounts.

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.

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