Penn Community Bank
Penn Community Bank Free Checking Plus $500 Bonus
Penn Community Bank pays you $500 for opening a new checking account with promo code 500BONUS. Within 60 days you either bring $1,750 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
- $500
- Expires
- Dec 5, 2026
- Time to complete
- ~60 days
- Bonus deposited in
- ~90 days
- Difficulty
- Easy
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Requirements
Last verified: Oct 8, 2026
Open account
Open a new Penn Community Bank checking account with at least $25 using promo code 500BONUS by December 5, 2026.
Direct deposit or debit purchases
Within 60 days, receive direct deposits totaling $1,750 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.
- →This $500 offer replaced the bank's $400 offer at the top of our listing (higher amount wins); the $400 offer (promo code 400BONUS, expires December 5, 2026) is still live and valid as a standby fallback if you miss the 500BONUS window.
- →Free Checking Plus has no minimum balance and no monthly fee.
Direct Deposit Data Points 6
6 community reports across 1 transfer source, showing what triggers a qualifying direct deposit at Penn Community Bank.
How long until the bonus posts? The most recent community reports average about 70 days. See 5 reports on Penn Community Bank Checking payout timelines →
Can You Earn This Bonus Again?
Fine Print
Open a new Penn Community Bank checking account with $25 or more using promo code 500BONUS by December 5, 2026. Within the first 60 days, receive direct deposits totaling $1,750 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 2026-09-12.
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?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
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.
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