PeoplesBank $350 Checking Account Bonus (2026) - Review & Requirements
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.
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
Cons
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
ChexSystems & Credit Pull
Eligibility
State restricted: MA, CT. New PeoplesBank checking customers only.
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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.