Bounty

PeoplesBank Free Checking bonus: is $350 worth it?

What it adds over what your cash earns now, tier by tier. Change the rate to yours.

+$350: more than leaving it at 4.15%

The math

Bonus
+$350
Extra
+$350

Get $1,500 in direct deposits within 60 days. Terms checked Oct 10, 2026.

About this bonus

What it takes

  1. 1Get $1,500 in direct deposits within 60 days
Ends
Oct 26, 2026
Where
Massachusetts, Connecticut
Monthly fee
None
Closing early
$15 within 90 days
Bonus paid
Usually within 60 days of finishing

Similar bonuses

The same kind of account, ranked by what each adds at 4.15%.

Questions

Is the PeoplesBank Free Checking bonus worth it?

It doesn't tie up any cash, so it beats leaving your money where it is: after fees it adds +$350.

What are the requirements?

Get $1,500 in direct deposits within 60 days. Open to residents of Massachusetts, Connecticut.

When does it end?

The offer ends Oct 26, 2026. The terms were last checked Oct 10, 2026.