PeoplesBank Free Checking — $350

$350
verified todayends Oct 26, 2026

Open a new PeoplesBank Free Checking account with promo code Fall26 by October 26, 2026. Receive $1,500 or more in qualifying electronic direct deposits such as payroll or government benefits within 60 days. The $350 posts within 60 days after the qualification period ends. No monthly fee.

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

How to earn it

  1. 1.
    Open a new Free Checking account online or at a banking center with promo code Fall26 by October 26, 2026.
  2. 2.
    Fund the account with at least $10.
  3. 3.
    Receive at least $1,500 in qualifying electronic direct deposits within 60 days of account opening.(within 60 days of account opening)

The details

Minimum deposit to open$10
Monthly feeNone
Time to complete60 days from account opening
Bonus payout~60 days
Direct depositRequired — $1,500+
ACH counts as DD?Unknown
AvailabilityCT, MA
Promo codeFall26 (bank offer page)
Eligibility: Residents of Hampden, Hampshire and Franklin counties in Massachusetts, and former Hartford, Tolland, Litchfield and Middlesex counties in Connecticut. Not eligible if you had a PeoplesBank consumer checking account in the past 12 months or previously received a promotional payout. Personal accounts only, one bonus per taxpayer ID.

Notes: Open window is September 14 to October 26, 2026. Transfers from other PeoplesBank accounts, cash, check and mobile deposits do not count toward the $1,500. Bonus paid within 60 days after the 60 day qualification period.

Read the bank's official terms and fine print →