Penn Community Bank
Penn Community Bank Free Checking Plus $400 Bonus
Penn Community Bank pays you $400 for opening a new checking account with promo code 400BONUS. Within 60 days you either bring $1,500 in direct deposits or make 20 debit card purchases of $20 or more. Free Checking Plus carries no monthly fee and no minimum balance. Available to Pennsylvania and New Jersey residents.
- Bonus amount
- $400
- Expires
- Sep 12, 2026
- Time to complete
- ~60 days
- Bonus deposited in
- ~30 days
- Difficulty
- Easy
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Requirements
Last verified: Jul 21, 2026
Open account
Open a new Penn Community Bank checking account with at least $25 using promo code 400BONUS by September 12, 2026.
Direct deposit or debit purchases
Within 60 days, receive direct deposits totaling $1,500 or more, OR complete 20 or more debit card purchases of $20 or more each. Either path qualifies.
Bonus paid after the 60-day qualification period once requirements are met.
Account Details
Meet the direct-deposit or debit-purchase requirement within 60 days of opening.
Eligibility
Not eligible if you closed a Penn Community Bank checking account in the prior 12 months, or already received a new-checking incentive.
- Use promo code 400BONUS when opening.
- One bonus per household.
Tips & Gotchas
- →No direct deposit? You can qualify instead with 20 debit card purchases of $20 or more within 60 days.
- →Free Checking Plus has no minimum balance and no monthly fee.
- →Open by September 12, 2026 with promo code 400BONUS.
Direct Deposit Data Points 11
11 community reports across 2 transfer sources, showing what triggers a qualifying direct deposit at Penn Community Bank.
Can You Earn This Bonus Again?
Fine Print
Open a new Penn Community Bank checking account with $25 or more using promo code 400BONUS by September 12, 2026. Within the first 60 days, receive direct deposits totaling $1,500 or more OR complete 20 debit card purchases of $20 or more each. New checking customers only, one bonus per household. Verified on penncommunitybank.com 2026-07-21.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
No. Zelle payments don't count as direct deposit for bank bonuses. Here's why it fails and what to use instead so the bank pays you.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money