Offer at a glance
- Maximum bonus amount: $800
- Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
- Direct deposit required: None
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Mixed data points
- Credit card funding: Can fund up to $3,000 with a credit card
- Monthly fees: None with paperless statements
- Early account termination fee: None
- Household limit: None
- Expiration date: 1/8/2024
The Offer
- U.S. Bank is offering a bonus of up to $800 when you open a new Silver, Gold or Platinum Business Checking account and complete the following requirements:
- Use promo code Q3AFL2
- Enroll In the U.S. Bank Mobile App or U.S. Bank Online Banking within 60 days of account opening.
- Bonus:
- Earn $350 when you deposit $5,000
- Earn $800 when you deposit $25,000
The Fine Print
- Promo code Q3AFL23 MUST be used when opening the business checking account. Limit of one Business Checking bonus per business. A $100 minimum deposit is required to open a U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account.
- Bonus Options
- Earn your $350 Business Checking bonus by opening a new U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account between 9/05/2023 and 1/8/2024. You must make new deposit(s) of at least $5,000 in new money deposits within 30 days of account opening and thereafter maintain a balance of at least $5,000 until the 60th day after account opening. The new money cannot be from an account at U.S. Bank or its Affiliates. or
- Earn your $800 Business Checking bonus by opening a U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account between 9/05/2023 and 1/8/2024. You must make new deposit(s) of at least $25,000 in new money deposits within 30 days of account opening and thereafter maintain a balance of at least $25,000 until the 60th day after account opening. The new money cannot be from an account at U.S. Bank or its Affiliates.
- The business checking bonus will be deposited into your new U.S. Bank Silver, Gold, or Platinum Business Checking account within 30 days following the last calendar day of the month you complete all the offer requirements, as long as the account is open and has a positive available balance. Offer may not be combined with any other business checking account bonus offers. Offer is not valid if you or any signer on the new business checking account have an existing U.S. Bank Business Checking account or had a U.S. Bank Business Checking account in the last 24 months.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
Early Account Termination Fee
There is no early account termination fee to worry about
Early Account Termination Fee
Our Verdict
Sadly not as good as the recent $750 bonus as that only required $15,000 in deposits, whereas this is $25,000 in deposits. You need to maintain the funds for 60 days so this is significant, especially considering high interest rates currently. Because of this we won’t add this to our list of the best bank account bonuses.
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