Terms & Conditions

Refer Friends Checking Account Offer


The person making the referral (Referrer) will earn a $50 Visa Reward Card for each individual referred to People’s United Bank who opens a new personal People’s United Bank checking account held individually or jointly with a $25 minimum opening deposit and completes the offer requirements within 60 days of account opening. To make a referral, the Referrer must register for the program and submit a valid email address for both the Referrer and each Referred person. Additionally, to earn the $50 Visa Reward Card, the Referrer must be the first person to submit a valid email address for the Referred person. The Referred person may only receive one Visa Reward Card for opening an account and completing the requirements, but may also be eligible as a Referrer. A Referrer may receive up to ten (10) Visa Reward Cards ($500 value) within a calendar year. Health Savings Accounts (HSA) are not eligible for this offer.



Program Qualifications:


To earn a $50 Visa Reward Card, the Referred person, and any account owner on the new personal checking account, cannot have had in the past 180 days a People’s United Bank personal checking account and must complete one of the following actions:

  • Receive at least one direct deposit of at least $100 into the new checking account within 60 days of account opening. Direct Deposit transactions are limited to payroll, Social Security, pension and government benefits. PayPal® and Square, Inc. payments are excluded; OR

  • Obtain a Debit Card that is linked to the account and then use the Debit Card to make at least 10 purchases of at least $25 each that post to the account within 60 days of account opening


The account of the Referred person must be open and in good standing at the time the reward is paid. An account is considered to be in good standing if it has a positive balance and is not in the process of being closed. Referrers may not refer themselves. This offer may not be combined with other offers and may be withdrawn at any time without notice.


The Referrer authorizes the sending of communications to each Referred Person. The email may not be recovered if the person has “opted out” of marketing material from People’s United Bank or ReferLive. Each person who registers for the program at ReferLive authorizes future communications including emails regarding the program unless they “opt out” by making an election at ReferLive or within such email. Returned/invalid email addresses and non-deliverable addresses are not the responsibility of People’s United Bank or its third party vendors.


All registrations must match name and address provided to People’s United Bank at the time of account opening. Referee must provide a valid email address at account opening that matches the address provided by the referrer. All referral account openings must be made within 90 days of the referring party’s registration. Accounts opened after this time may result in disqualification.


Please allow 4-6 weeks after completing all requirements of this offer for delivery of your Visa Reward Card to the physical address provided.


Accounts opened by People’s United Bank employees and their immediate family members and members of their household are not eligible for the reward. Additionally, employees are not eligible to be Referrers in this program.


Each Visa Reward Card will be reported to the IRS, state and local tax authorities if required by applicable law. Recipient is responsible for any federal, state, and/or local taxes on reward items.


Visa® is a registered trademark of Visa, Inc. Visa is not a participant or sponsor of this promotion. The Visa Reward Card is subject to Terms and Conditions delivered with the card, including limitations on types of transactions for which they may be used.


People’s United Bank, N.A. | Member FDIC