People’s United Bank is offering a $100 bonus for opening a personal checking account. The offer is not available online. You must visit their Stop & Shop in store locations to apply and there’s no coupon or promo code. Open e Plus Checking account, which has no monthly fees, complete the requirement (see below) and the $100 should post within three months after the offer expires.
To receive the bonus you must complete one of the following requirements:
- Receive at least one direct deposit of at least $100 into the new checking account within 60 days of account opening
- Obtain a debit card that is linked to your new account and then use the debit card to make at least 10 purchases of $25+ each within 60 days of account opening
It is just $100 but you can easily fulfill one of the requirements. Considering that there’s no monthly fees and no minimum balance, makes this a no-brainer if you live in NY, CT, NH or VT and have a Stop & Shop nearby. I’m one of the lucky ones and I’m going for this one. Let us know if you do and how it goes.
- Where to Apply: At Stop & Shop in store locations
- Account Type: Everyday Checking
- Availability: New York, Connecticut, New Hampshire, Vermont
- Expiration Date: 5/29/2015
- Hard Inquiry: Unknown
- Opening Deposit Credit Card Funding: No
- Direct Deposit Requirement: No (you can chose to DD $100 instead of 10 purchases)
- Monthly Fee: None
- Closing Account Fee: None (always best to check with the bank before closing account)