Find an updated list of People’s United Bank promotions, bonuses and offers here.
Generally, they have bonuses that range from $50 to $100 when you open a new account and meet all the requirements.
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About People’s United Bank Promotions
Established in 1842, People’s United Bank, N.A. is a subsidiary of People’s United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with approximately $48 billion in assets. However, if you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
- Availability: CT, MA, ME, NH, NY, VT (Bank Locator)
- Routing Number: 221172186
- Customer Service: 1-800-894-0300
While they have generous bonuses, People’s United Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
I’ll review the People’s United Bank Promotions below.
People’s United Bank $100 Checking Bonus
People’s United Bank is offering a $100 bonus when you open a new qualifying checking account at their Stop & Shop in store locations when you mention promo code WINTER20. There is no direct link to this offer.
- Account Type: Checking Account
- Credit Inquiry: Soft pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: Yes
- Monthly Fee: $12; See below
- Household Limit: 1.
- Closing Account Fee: If the account is closed within 6 months of account opening the bonus will be deducted at the time of account closing.
- Expiration Date: 03/30/2020
There are several entry Checking offers I’d recommend comparing this one to. The Chase Sapphire Checking ($1,000 bonus) and Premier Plus ($300 bonus) are both great options. The Huntington 5 Checking ($200 bonus) is also a fantastic option to take advantage of.
How To Earn $100 Checking Bonus
- Open a personal checking account with People’s United Bank & receive a $100 bonus, this is only available at their Stop & Shop in store locations.
- Mention promo code WINTER20
- Receive direct deposits of at least $1,000 per month into the new checking account for 90 continuous days
- Mobile and Online Banking
- Free eStatements
- People’s United Bank ATM transactions
- Earn up to $500 when you refer friends
- Personal Checking: There is a $12 monthly fee. This is waived with an average minimum daily balance of at least $1,000.
- Cannot have had a People’s United personal checking account in the last 90 days
- Direct deposit requirements are limited to payroll, social security, pension and government benefits. Paypal transactions are specifically excluded.
- Reward should post within three months after the expiry of the offer (e.g sometime in late August)
- Cannot be combined with any other offer
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
People’s United Bank $100 Checking Bonus
Earn a $100 bonus when you open a new checking account!
People’s United Bank is offering a $100 bonus when you open a new qualifying checking account.
- Account Type: Checking Account
- Credit Inquiry: Soft pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: Yes.
- Monthly Fee: $0 – $30; See below
- Household Limit: 1.
- Closing Account Fee: If the account is closed within 6 months of account opening the bonus will be deducted at the time of account closing.
(Expires December 31, 2020)
Earn $100 Checking Bonus
- You or your employer must be enrolled in the Workplace Banking Program to be eligible for this promotion.
- Sign up for a qualifying checking account by December 31, 2020.
- To open the account successfully you must deposit $25.
- To earn the bonus you must either:
- Set-up a qualifying direct deposit of $500 or more to the account.
- Have 15 debit transactions of at least $25 each within 90 days of account opening.
- You will earn your $100 bonus within 8 weeks after 90 days of account opening.
- Person-to-Person payments
- first order of checks
- Health Savings Account
- People’s United Bank ATM transactions
- Earn up to $500 when you refer friends
- $50 discount on safe deposit box rental for the first year
- Plus Checking Account: The Plus Checking Account does not have monthly service fees.
- ePlus Checking Account: The $10 monthly service fee is waived if you make 10 transactions per statement.
- One reward per household.
- Reward is considered interest and will be reported on IRS Form 1099-INT.
- This offer is valid only for a new account opened by an employee of an employer enrolled in our Workplace Banking program.
- Participation in Workplace Banking terminates when you terminate your relationship with the enrolled Workplace Banking company or when the enrolled company no longer participates in Workplace Banking.
People’s United Bank $50 Referral Bonus
Earn a $50 bonus when you refer a member!
People’s United Bank is offering a $50 bonus when you open a new qualifying checking account. There is no additional information in the disclosures, so be sure to check with CSR for more information. You can earn a maximum of $500 when you refer up to 10 friends.
- Account Type: Checking Account
- Credit Inquiry: Soft pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: Yes.
- Monthly Fee: $0 – $30; See below
- Household Limit: 1
- Closing Account Fee: Account must remain open for 6 months of account.
(No Expiration Date)
Earn $50 Checking Bonus
- Open a personal checking account with People’s United Bank
- Keep the account open and in good standing
- Person-to-Person payments
- first order of checks
- Health Savings Account
- People’s United Bank ATM transactions
- Earn up to $500 when you refer friends
- $50 discount on safe deposit box rental for the first year
- Plus Checking Account: The Plus Checking Account does not have monthly service fees.
- ePlus Checking Account: The $10 monthly service fee is waived if you make 10 transactions per statement.
- However, note the offers cannot be combine with other offers, are subject to change without notice, and may be withdrawn at anytime.
- Offers valid only for participants in People’s United Bank Workplace Banking program.
- In order to be a participant in Workplace Banking, you must have a People’s United Bank consumer checking account with a valid Workplace Banking company.
- Participation in Workplace Banking terminates when you terminate your relationship with the enrolled Workplace Banking company or when the enrolled company no longer participates in Workplace Banking.
Bottom Line
People’s United Bank offers great promotions with easy requirements. With financial tools and services like online and mobile banking, you can manage your money from anywhere! Additionally, it’s great to know the bonuses will trigger a soft pull!
However, be sure to provide your feedback, as they make our site even better!
Lastly, check back at this page for updated People’s United Bank promotions, bonuses and offers.
The best bank bonuses are updated here. Check the below pages to get started with some of the best offers: • Chase Bank Bonuses. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks. • HSBC Bank Bonuses. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program. • TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available. • Huntington Bank Bonuses. Bonus offers for their Checking accounts are only available for limited periods throughout the year. They also have great options for those looking for a free Checking account (no monthly fees). • Discover Bank Bonuses. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs. |
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