PeoplesBank Promotions: $400 Checking Account Bonus [MD, PA] – Ends 12/3/23

PeoplesBank (peoplesbanknet.com) was established in 1934 and is headquartered in York, Pennsylvania. They will offer some worthy promotions from time to time and I’ll update them here.

• Update 11/7/2023: The offer is back through 12/3/23. If you’re looking for another strong bonus offer, look here where you can earn up to $600 from BMO Bank.
• Update 4/12/23: The offer is back through 6/30/23.

This bank has a little under 40 locations throughout Maryland and Pennsylvania.

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

I’ll review the current offers below.

PeoplesBank $400 Checking Account Offer

• What you’ll get: $400
• Where it’s available: MD, PA
• How to earn it: Open a personal checking account (PrimeTime or Momentum) and establish a direct deposit of $1250 or more within 45 days of account opening.
• When it expires: 12/31/2022 2/28/23 6/30/23

Waive The Monthly Fee

• Momentum Checking: Has no monthly fee
• PrimeTime Checking: This account does require a $300 minimum balance to avoid a $3 monthly maintenance fee, and one account holder must be at least 50 years of age.

Fine Print

• A minimum deposit of $25.00 is required to open all checking accounts.
• The bonus will be paid in the form of a statement credit provided within 2 statement cycles after all of the requirements have been met.

Bottom Line

Requirements are pretty standard with a $1250 (higher than their previous offers) direct deposit needed to qualify.

Also consider these other bonuses from Chase, HSBC, and Qapital. Find more bank promotions here.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.