Available to both new and existing customers (that haven't had a checking accounting past 2 years), PeoplesBank is offering a $200 welcome bonus when you open a new personal checking account and set up direct deposit. Better hurry fast! This offer is ending January 31st!
How To Earn The Bonus
The PeoplesBank Personal Checking promotion requires you to set up direct deposits in order to earn the $200 bonus.
Full requirements to receive this bonus are:
- Be a new or existing client to PeoplesBank (if you have not had a personal checking account with PeoplesBank in the past 24 months).
- Open a Momentum or PrimeTime Checking account at the link below.
- Within 45 days, receive at least one direct deposit of $350 or more.
- Bonus will be paid in the form of a statement credit provided within 2 statement cycles after all of the requirements have been met.
Open a Personal Checking account before the bonus expires on January 31, 2023
The fine print
- Deposits in the form of an external transfer from another financial institution, an internal transfer from another PeoplesBank account, or deposits received through any person-to-person app such as Venmo or Zelle, do not qualify as a direct deposit to the account.
- This new checking account must be your first personal checking account relationship with PeoplesBank in the past 24 months.
- Bonus will be paid in the form of a statement credit within 2 statement cycles after all of the requirements have been met.
How does this checking offer from PeoplesBank compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Citi
Citi Priority Account
- Bonus
- up to $1500
- Account Type
- Personal Checking
- Expires In
- 15 days
- Requires
- Min Balance
Fifth Third Bank
Personal Checking
- Bonus
- $375
- Account Type
- Personal Checking
- Expires In
- 90 days
- Requires
- Direct Deposit
Chase
Chase Total Checking®
- Bonus
- $200
- Account Type
- Personal Checking
- Expires In
- 18 days
- Requires
- Direct Deposit
Why PeoplesBank?
Momentum Checking
Fees
Momentum Checking does charge a monthly fee of $5, but there are ways to get this waived:
- Enroll in eStatements
PrimeTime Checking
At least one account holder must be 50 or older.Fees
PrimeTime Checking does charge a monthly fee of $3, but there are ways to get this waived:
- Maintain a $300 minimum daily balance.