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Rewards Checking®

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You'll Love Earning Up to 0.51% APY* on Your Checking Account & Receiving Nationwide ATM Fee Reimbursements*

Open Rewards Check Account Now      See Today's Deposit Rates

 Check Out Rewards Saver 


  • Interest Rewards:
    • Earn 0.51% APY up to a balance cap of $15,000 (APY Range 0.51% to 0.15%) when qualifications are met
    • If account qualifications are not met, you will earn 0.05% APY on your balance
  • Special Benefits:
    • Nationwide ATM fee refunds up to $25 if qualifications are met
    • You're eligible to open Rewards Saver, earn additional interest and link this to your checking account
  • No monthly service charge
  • $100 minimum deposit to open
  • No minimum balance requirement
  • Unlimited check writing
  • $20 fee if closed within 6 months of opening date
  • Additional free services include:
    • Instantly issued debit cards
    • Online banking, mobile banking, mobile deposit, and bill pay
    • Mobile wallet
    • Text alerts**
    • Internal and external transfers
    • Card controls

Three simple qualifications must be met each month to receive the qualified interest rate and ATM reimbursement perk:

  1. Conduct 12 or more debit card purchases 
  2. Set up at least 1 automatic payment or direct deposit 
  3. Enroll in eStatements

What if qualifications are not met?

If qualifications are not met, you will still have a free checking account earning 0.05% APY.  There will be no ATM fee refunds for that time period, but you may begin earning your rewards the next month you qualify.


*Annual Percentage Yield (APY) is accurate as of 03/01/2023. See Rate Sheet for more details. There are no recurring monthly service fees associated with this account. Fees may reduce earnings. When qualifications are met during the Monthly Qualification Cycle: you receive 0.51% APY on balances up to $15,000, and balances over $15,000 earn 0.10% APY on the portion of the balance over $15,000 resulting in a range from 0.51% APY – 0.15% APY depending on the balance. In addition, account will receive reimbursements up to $25 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When qualifications are NOT met during the Monthly Qualification Cycle: All balances earn 0.05% APY and nationwide ATM fees are not reimbursed. Transactions and activities may take one or more business days from the date the transaction or activity occurred to post and settle to the account. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts and debit card transactions processed by merchants and received by Peoples Bank as ATM transactions. The Monthly Qualification Cycle and Statement Cycle begin on the first business day of the month and end on the last business day of the month. If you have a Rewards Saver account linked to your Rewards Checking account, the interest does not compound in that account since it is transferred into the Rewards Saver account. The Rewards Saver APY may be less than the Rewards Checking APY. No minimum balance is required to obtain the account's rewards.  There is a limit of 1 account per social security number. This account is not to be used for commercial purposes. Enrollment in electronic services (e.g. online banking, electronic statements) will be required to meet some of this account's qualifications. Rates are subject to change.
**Your mobile carrier's message and data rates may apply.