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PeoplesBank $350 Checking Account Bonus (2026) - Review & Requirements

By Nathaniel Booth2026-04-10Bank Bonuses
CheckingBank BonusRegionalEasy ApprovalNo Monthly Fee
Offer Details
Bonus Amount$350
Account TypeChecking

What Counts as Direct Deposit

Based on community data points and bank terms. Employer payroll is always the safest method. "Mixed" means some users report success but it is not guaranteed.

YES
Employer payroll
YES
Government benefits (SSA, pension)
MAYBE
Fidelity ACH push
Limited data for PeoplesBank.
NO
PayPal ACH
NO
Venmo ACH
NO
Zelle
Source: Doctor of Credit DD Methods Database. Data points are community-reported and may change. Always verify with the bank.

Overview

PeoplesBank offers a $350 checking bonus in Massachusetts and Connecticut with no direct deposit required. A strong no-DD option in New England.

Who This Checking Bonus Is Best For

Massachusetts and Connecticut residents who want a solid bonus without setting up direct deposit.

How to Maximize This Bonus

Open a PeoplesBank checking account. No direct deposit needed — just meet the basic account requirements to qualify.

Pros

+$350 bonus with no DD required
+No monthly fee

Cons

-Limited to MA and CT only
-Smaller community bank with limited branches

How This Compares to Other Bonuses

Frequently Asked Questions

Is direct deposit required for PeoplesBank?

No. PeoplesBank does not require direct deposit for this $350 checking bonus, making it one of the easier bonuses to qualify for.

Full Requirements

No direct deposit required.

Fees

Monthly Fee$0

ChexSystems & Credit Pull

Chex SensitivityLow
Hard PullNo
Soft PullYes

Eligibility

AvailabilityMA
Lifetime LimitYes

State restricted: MA, CT. New PeoplesBank checking customers only.

Apply

Open Account →
Additional sources:
doctorofcredit.com
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Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

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