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  People's United Bank Advantage Checking
People's United Bank Advantage Checking
in Checking Accounts from People's United Bank · Member FDIC
Unaffiliated

People's United Bank Advantage Checking

Unaffiliated
in Checking Accounts from People's United Bank · Member FDIC
Net Recommendation Score -100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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Highlights
Community Rating

Rating not yet determined  

Cashback Rewards N/A
APY (Annual Percentage Yield) 0%
(Verified 08/04/2023)
Monthly Fee $0 - $25
(Verified 08/04/2023)
Minimum Balance to Avoid Monthly Fee N/A

People's United Bank Advantage Checking Review

People's United Bank Advantage Checking is offered by People's United Bank, a bank founded in 1842 and based in Bridgeport, CT. People's United Bank Advantage checking is available in 50 states (and Washington, DC).

Key Takeaways

  • Bonus offer. Open a new account and you can get $300 with required activities. Minimum deposit of $2,500 required to be eligible for a signup bonus (see terms and conditions for more details).
  • 0% APY. As with most checking accounts, People's United Bank Advantage Checking does not pay interest.
  • Charges a monthly fee. This account charges a monthly service fee of up to $25.
  • No ATM fees. People's United Bank Advantage Checking does not charge fees on ATM transactions.
  • ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
  • Bill pay. Pay your bills to practically anyone in the United States through People's United Bank.

People's United Bank Advantage checking Pros & Cons

Pros Cons
  • Generous signup bonus.
  • Available in all 50 states.
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No signup bonus.
  • Does not earn interest
  • Does not provide access to a nationwide ATM network.
  • Higher than average wire transfer fees.
  • Monthly service charge.

People's United Bank Advantage checking FAQ

Are checking accounts from People's United Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #27334). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does People's United Bank Advantage checking offer?

People's United Bank Advantage checking is not an interest-bearing account.

What are the account minimums for People's United Bank Advantage checking?

People's United Bank Advantage checking requires a minimum initial deposit of $25 to open an account.

People's United Bank Advantage Checking Minimums
Description
Minimum Opening Deposit Starting at $25
Minimum Combined Balance to Avoid Monthly Fee $7,500

What fees does People's United Bank Advantage checking charge?

This account charges a monthly service fee of up to $25.

People's United Bank Advantage Checking Fees
Description
Monthly Fee $0 - $25
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 3%
NSF Fee $37
Overdraft Item Fee $37
Overdraft Protection Fee (per transfer) $10
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $30
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Paper Statement Fee $3
Online Bill Pay Fee $0
Check Image Service $3
Debit Card Replacement Fee $10
Early Account Closure $10

Does People's United Bank Advantage checking charge overdraft fees?

Yes, People's United Bank Advantage checking charges a $37 fee for every overdraft. You can get overdraft protection at a cost of $10 per transaction.

What features and perks does People's United Bank Advantage checking offer?

This account includes the following features:

  • ATM rebates - This account will reimburse you for any domestic ATM fees.
  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - People's United Bank Advantage checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - People's United Bank Advantage checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

What is the customer support email for People's United Bank Advantage checking?

The customer support email for People's United Bank Advantage checking is socialmedia@peoples.com.

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Message From People's United Bank Advantage checking

Personal checking designed for you. Open a checking account online and make managing your money easier. Advantage Checking, Enjoy peace of mind with free digital identity protection, generous ATM rebates and free mobile banking. Safe, convenient and full of the benefits that you need to uncomplicate your life. Premium digital identity protection for your credit, family and online data.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 5:30pm
  • Tuesday 8:00am - 5:30pm
  • Wednesday 8:00am - 5:30pm
  • Thursday 8:00am - 5:30pm
  • Friday 8:00am - 5:30pm
  • Saturday Closed

Other Services by People's United Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Opening Deposit Starting at $25
Minimum Combined Balance to Avoid Monthly Fee $7,500
Monthly Fee $0 - $25
(Verified 08/04/2023)
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 3%
NSF Fee $37
Overdraft Item Fee $37
Overdraft Protection Fee (per transfer) $10
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $30
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Paper Statement Fee $3
Online Bill Pay Fee $0
Check Image Service $3
Debit Card Replacement Fee $10
Early Account Closure $10
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Proof of Residence
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • ATM Reimbursement
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Branch Access
  • Member FDIC
Signup Bonus Starting at $300
Signup Deposit Requirement $2,500
APY (Annual Percentage Yield) 0%
(Verified 08/04/2023)

People's United Bank Advantage Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.

-100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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