Peoples Bank Choice Checking $250 Bonus

Peoples Bank logo

Peoples Bank : Choice Checking

$250

Offer Expired On

June 26, 2022

How To Earn The Bonus

  1. Open a Choice Checking account with minimum deposit of $10 using promo code "GET250".
  2. Within 60 days, make 30 debit card purchases.
  3. During the same timeframe, make a minimum of $2,000 in aggregate of mobile, VideoBankerITM and/or direct deposits.
  4. Bonus will be received in your account within 60 days from meeting the criteria.

Available in Your Area?

No

Monthly Fees?

Yes

Open Online?

Yes

Credit Pull?

Unknown

Peoples Bank logo

Available in select counties of Massachusetts and Connecticut, Peoples Bank is offering a $250 welcome bonus when you open a new Choice Checking account and then make deposits and debit card purchases. Given the fact that direct deposit is optional as a type of deposit that qualifies, we'd consider this bonus to be relatively easy.

How To Earn The Bonus

The Peoples Bank Choice Checking promotion requires you to make purchases using the account's card, and optionally, set up direct deposits in order to earn the $250 bonus.

Full requirements to receive this bonus are:

  1. Open a Choice Checking account with minimum deposit of $10 using promo code "GET250".
  2. Within 60 days, make 30 debit card purchases.
  3. During the same timeframe, make a minimum of $2,000 in aggregate of mobile, VideoBankerITM and/or direct deposits.
  4. Bonus will be received in your account within 60 days from meeting the criteria.

The fine print

  • Qualifying direct deposits are electronic deposits (such as salary, pension, government benefits or other monthly ACH deposits) made into your PeoplesBank Choice Checking account from third parties.
  • Customers who have had an open PeoplesBank checking account within 12 months of new account opening are not eligible for the offer.
  • Offer available in Hampden/Hampshire/Franklin counties of Massachusetts and Hartford/Tolland counties in Connecticut.
  • Customers who have received promotional payouts previously are not eligible.
  • Cannot be combined with any other offer.

How does this checking offer from Peoples Bank 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 Peoples Bank?

Choice Checking

Fees

Choice Checking does charge a monthly fee of $10, but there are ways to get this waived:

  • Make total deposits of $2,000.