PeoplesBank is offering a $150 sign up bonus for new checking account customers, but with slightly different requirements. The account can be opened either online or in branch, but it’s available only in MD & PA.
Requirements
The bonus comes in two parts of $75 each
- $75 For establishing direct deposit with a minimum monthly deposit amount of at least $200
- $75 For conducting a PeoplesBank VISA Check Card signature-based transaction of $50 or more
All requirements must be fulfilled within 45 days.
PeoplesBank has a Free-For-All Checking Account that has no monthly or minimum balance fees. Regarding closing fees, it says that early account closing fees will apply, but there’s no mention of what the fee is.
Bonus Details
- Sign up Offer
- Account Type: Free-For-All Checking
- Availability: MD & PA
- Expiration Date: None
- Inquiry Type: Soft pull
- Opening Deposit Credit Card Funding: No
- Direct Deposit Requirement: $200 within 45 days for $50 bonus
- Additional Requirements: One debit transaction $50+ within 45 days
- Monthly Fee: None
- Closing Account Fee: Early account closing fees will apply
HT: DoC
No credit card funding
Thanks David. I’ll update
I should clarify that I opened online. It may be possible to fund differently in person, but that makes little sense.
They offer two options, ACH or sending in a check.
I agree. That’s never the case. Enjoy that bonus! 😊