Peoples Bank Interest Plus / Premier Checking — $150/$600

$600
verified today

Open a new Interest Plus or Premier Checking account. In each of the first 6 monthly analysis cycles, be enrolled in eStatements, get at least one direct deposit and make 5 or more debit card purchases. Interest Plus earns $25 per qualifying cycle (up to $150) and Premier earns $100 per qualifying cycle (up to $600).

Affiliate link where available — see disclosure below. Always confirm terms on the bank's page.

How to earn it

  1. 1.
    Open a new Interest Plus Checking or Premier Checking account online or in a branch.
  2. 2.
    Be enrolled in eStatements as of the end of each monthly analysis cycle.
  3. 3.
    Receive at least one direct deposit in each monthly analysis cycle.
  4. 4.
    Make 5 or more debit card purchases in each monthly analysis cycle, ATM transactions excluded.

Bonus tiers

Interest Plus Checking, $25 credit per qualifying cycle for the first 6 cycles$150
Premier Checking, $100 credit per qualifying cycle for the first 6 cycles$600

The details

Minimum deposit to open$25
Monthly feeNone
Direct depositRequired
ACH counts as DD?Unknown
AvailabilityDC, KY, MD, OH, VA, WV
Eligibility: New Peoples Bank checking customers. Open online or at a branch in OH, WV, KY, VA, MD or Washington DC. Limit one new checking account per customer.

Notes: Two products bundled. Monthly fees: Interest Plus $10 (waived with $2,500 minimum daily balance or a related secured consumer loan), Premier $20 (waived with $25,000 combined balances). Bank page lists $25 minimum opening deposit for Premier. Credits post per cycle, so it is paid in installments. No end date listed.

Read the bank's official terms and fine print →