Momentum Checking & Savings

Upgrade Your Checking with Momentum

Make spending fun and savings easy with PeoplesBank Momentum Checking & Savings account. Because when you spend you save. Every purchase you make with your checking debit card will be rounded up to the nearest dollar, and the change will be deposited straight into your Momentum Savings account. It’s like a modern piggy bank, and it can add up to serious savings over time. Want to upgrade your current PeoplesBank Checking account to a Momentum Checking account? Simply stop by one of our Financial Centers or contact our Client Care Center at 888-846-1970 or


Save even more and enjoy extra rewards when you meet direct deposit requirements or add a reward credit card. Read the complete details below, calculate your annual savings with the rewards calculator, and visit our FAQs to see how it works.

Ready to open an account? It only takes 5 minutes to open online AND you’ll earn $200**!

Open An Account Now And Earn $200! 

Spend. Save. Repeat.

Starting Features

All Momentum account holders enjoy these great benefits!

  •  Round Up Savings: Every time you make a purchase with your Momentum Checking account debit card, we’ll round up the total to the nearest dollar and put the change into your Momentum Savings account.*
  • Go Paperless & Save: No monthly fee when you choose paperless e-statements.1 We’ll also waive our fee on all non-PeoplesBank ATMs when you withdraw cash with your Momentum Checking & Savings card.
  •  Online Convenience: Enjoy free mobile deposits, free bill pay, and free personal finance tools online.
  •  Instant Issue Debit Card: If you open an account at one of our financial centers, you’ll leave with a ready to spend, ready to save temporary debit card.2


Extra Rewards

Enjoy extra rewards when monthly direct deposits total $2,500 in a statement cycle.

  •  0.5% Cashback: Use your debit card online or select “credit” in store to get 0.5% cashback directly in your Momentum Savings account.3
  •  ATM Refunds: We’ll refund up to $10 a statement cycle for all fees accrued by other financial institutions at non-PeoplesBank ATMs.


VISA® Everyday Rewards+

Earn more for the things you do every day with the Everyday Rewards+ Credit Card. 4

  •  Get 4x points on dining, takeout and food delivery, 2X points at grocery stores, grocery delivery, gas stations and streaming services and 1X points on all other eligible purchases. 5
  •  Link to Momentum: Your credit card cash back rewards can be directed straight to your Momentum Savings account.


*Round-up savings feature may be suspended at the clients request.
**Personal Checking Account Bonus
Amount of Bonus & Minimum Requirements
You may earn a $200 bonus if you are new or existing client to PeoplesBank and have not had a personal checking account relationship with PeoplesBank in the past 24 months.  To earn the $200 bonus, the following requirements must be met:
1) You must open a new personal checking that is one of the following product types: PrimeTime or Momentum.
2) This new checking account must be your first personal checking account relationship with PeoplesBank in the past 24 months.
3) You must receive at least one direct deposit in the amount of $350 or more to your newly opened PeoplesBank checking account within 45 days of the account opening.
Minimum Balance Requirement
A minimum deposit of $25.00 is required to open all checking accounts.
Payment of Bonus
The bonus will be paid in the form of a statement credit provided within 2 statement cycles after all of the requirements have been met.
Timeframe to Obtain Bonus
The bonus is a limited time offer and will expire on or before January 31, 2022.  PeoplesBank reserves the right to withdraw the offer at any time.
1) No monthly fee when you opt into e-statements; if you choose to not opt in, paper statements are $5 per statement cycle.
2) Some restrictions apply.
3) Monthly direct deposit of $2,500 required for cashback rewards and ATM refunds.
4) The Elan Rewards Program is subject to change. Rewards are earned on eligible net purchases. Net purchases are purchases minus credits and returns. Not all transactions are eligible to earn rewards, such as Advances, Balance Transfers and Convenience Checks. Upon approval, see your Cardmember Agreement for details. You may not redeem rewards, and you will immediately lose all of your rewards, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death).
5) You will earn 1 Point for every $1 in eligible net purchases charged to your Account during each billing cycle. In addition, you will earn additional Points for the following: You will earn 3 additional Points for every $1 in eligible net purchases during each billing cycle at merchants classified as a restaurant, fast-food restaurant or bar. You will earn 1 additional Point for every $1 in eligible net purchases during each billing cycle at merchants classified as gas station, grocery store, supermarket or qualifying streaming subscription service. Refer to program rules for official list of qualifying streaming services merchants. Purchases at or delivery from discount/retail stores that sell groceries may not qualify for the grocery store or grocery delivery category. Purchases qualify for Points based on how merchants choose to classify their business and we reserve the right to determine which purchases qualify. Points expire five years from the end of the quarter in which they are earned.

Open Your Account and Earn $200!

Right now, when you open a PeoplesBank Momentum Checking account, you can earn $200 by establishing a direct deposit of $350 or more within 45 days of account opening.

Learn More


Ready to Earn Everyday Rewards?

Apply today for PeoplesBank’s rewards credit card – the VISA® Everyday Rewards+ Card.

Learn More

Get the Latest News

Sign up to get news & updates from PeoplesBank!

We're sorry, you are not located within our service area.

Click here to view a full list of the zip codes that we currently serve.

If you need account assistance, please Contact Us here.