† - This offer is available for new accounts opened in a People's United Bank branch, online or with the Call Center. For accounts opened online, you must use the "Open Now" link on the offer page at the time of account opening to be enrolled in this offer. If you enter an eligible zip code and use the "Open Now" link, the promo code SPRING21 will display.
To qualify for the $300 or $400 personal checking offers, you must 1) Mention promo code SPRING21 when you open your new Advantage, Advantage Plus or Premier Advantage checking account held individually or jointly between 3/20/2021 and 4/30/2021 with a $25 minimum opening deposit, 2) Receive qualifying direct deposits in the account totaling $2,500 or more within 60 days of account opening.
Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security) from your employer or the government into your checking account. Refer to the Schedule of Deposit Account Charges for minimum balance requirements to avoid the monthly service charge.
The personal checking offer is not available to existing People's United Bank personal checking customers, which means any account owner cannot currently have or have had a People’s United personal checking account within the last 365 days. Fiduciary accounts are not eligible. This offer may not be combined with other offers. Offer expires 4/30/2021; however, People’s United Bank may change or discontinue this offer at any time before this date without notice.
Reward will be credited to your personal checking account 6-8 weeks after the account has been open for 60 days and if your account is open and has a positive balance at the time of reward payout. The account must remain as the original account type opened to receive the reward payment. If the personal checking account is closed within 6 months of opening, we may deduct the bonus amount at the time of account closing. One reward per household. Reward is considered interest and will be reported on IRS Form 1099-INT.