Posted by William Charles on February 9, 2017
Bank Account Bonuses

Published on February 9th, 2017 | by William Charles

25

[Expired] [MD & PA] PeoplesBank $150 Checking Bonus

This deal has expired, you can view more bank bonuses here. Don’t forget to follow us on Twitter so you don’t miss out on other deals in the future.

Offer at a glance

  • Maximum bonus amount: $150
  • Availability: MD & PA only
  • Direct deposit required: Yes, $200+ for $75 bonus
  • Additional requirements: One Visa check card transaction of $50+ for $75 bonus
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: $100, 90 days
  • Expiration date: None mentioned
  • Household limit: None mentioned

The Offer

Direct link to offer

  • People’s Bank are offering a bonus of up to $150 when you open a new checking account and complete the following requirements within 45 days of account opening:
    • $75 for establishing a direct deposit with a minimum monthly deposit of at least $200
    • $75 for completing a PeoplesBank Visa check card signature-based transaction of $50 or more

peoplesbank $150 bonus

The Fine Print

  • Bonus will be paid as a statement credit after the 45 day period and may take up to two statement cycles to appear
  • Offer valid for new clients only and not available to existing clients
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees, according to the fine print they do charge an early account termination fee this fee is $100 if closed within 90 days.

Our Verdict

They have offered a bonus of $150 in the past but it also required a bill pay, so this bonus is slightly better. We will be adding this to our list of the best checking sign up bonuses due to the fact it’s a soft pull, the requirements are relatively easy to meet and also the fact there are no monthly fees to worry about.

Big thanks to reader, Curmudgeon who let us know.

Useful posts regarding bank bonuses:



25
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
thePlaj
thePlaj
Dave
Dave

No credit card funding offered.

YK
YK

Can this be opened online or is it only at a branch?

Phong Chau

What’s a check card transaction? Is that with a debit card?

KD
KD

dp: barclays saving $200 posted on 2/15 and $75 bonus posted after 3 business days.
$50 debit card purchase has not done yet but should not be a problem! Thanks DOC!

AC
AC

The link takes me to a staff login page. Is there a new link?

MarcoPolo
MarcoPolo

Link is dead.

Cicero
Cicero

03/15/2017 ALLY BANK/P2P
3/16/2017 Bonus posted

Thanks DoC!

Brandon
Brandon

Did you get the bonus for using the debit card for 1 transaction yet?

Cicero
Cicero

I was going to make the purchase later tonight. I’ll update this comment if/when the bonus posts and the timeframe.

Cicero
Cicero

The bonus did not post. I messaged the bank and was told that my amazon purchase did not qualify as it must be an in person transaction. Bummer of me, but hopefully someone will know this for People’s Bank in the future.

Danielle
Danielle

3/23 PNC ACH 3/23
3/24 Bonus Posted
Off to complete the debit transaction now

Phong Chau

I pushed 200.01 from pnc to peoples. I also did 200.01 from ally bank and 200.01 from my payroll. People seemed to have received their bonus in a day. It has been 1-2 week since the transfer went through for me. Anyone know why?

Also anyone found any luck with the debit card bonus yet?

Danielle
Danielle

No idea on the transfer. The debit bonus posted the day after purchase.

Phong Chau

Where and what did you purchase for the debit bonus to trigger?

Danielle
Danielle

Walmart motor oil and other random stuff. Shouldn’t matter as long as you run it as credit and sign versus putting in pin.

fST
fST

This bonus is active again. $150 bonus for only a $200 DD.

https://www.peoplesbanknet.com/150Chk/

fST
fST

Whoops, never mind. Just went to try to use the code and it says it’s either invalid or expired. Weird that the link still works and shows $150 bonus information and doesn’t say anything about expiration date from what I can see. Oh well.

Back to Top ↑