Deal has expired, view more U.S. Bank deals by clicking here.
Offer at a glance
- Maximum bonus amount:
- Availability: Must have received the targeted mailer and open in branch
- Direct deposit required: None
- Additional requirements: Make $3,000 in deposits
- Hard/soft pull: Soft
- ChexSystems: Mixed data points
- Credit card funding: Can fund up to $50 with a credit card online, but I assume no card funding in branch
- Monthly fees: $20, avoidable
- Early account termination fee: None
- Household limit: One per company
- Expiration date: June 14th, 2019
Contents
The Offer
No direct link, targeted offer sent out via e-mail
- U.S. Bank has sent out a targeted offer where you can earn $300 by opening a business checking account and completing the following requirements:
- Open a Gold with Interest Checking Package by June 14th
- Get banker to use unique promo code
- Complete $3,000 in new money deposits within 30 days of account opening (must not be funds held with U.S. Bank or affiliates)
The Fine Print
- Offer only available for the addressee and is not transferable
- Promotion code and listed mailing address may only be used once
- Bonus will not be paid if promotion code is retrieved by unintended recipient or if promotion code is retrieved from a deals website
- Your promo code must be entered at new account opening by the banker to be eligible for this offer
- Offer is not available if you have an existing U.S. Bank business checking account, had an account within the last 12 months or received other U.S. bank bonus offers in the past 24 months
- Limit one offer per company
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The business gold checking package has a $20 monthly fee, this is waived with any of the following:
- Credit card merchant account
- $10,000 checking account balance
- $20,000 combined accounts balance
Early Account Termination Fee
There is no early account termination fee to worry about
Our Verdict
Not sure if the can’t have received a bank bonus in the last 24 months applies to personal bonuses as well or not, if it does then I suspect most people won’t be eligible due to the recent $300 personal bonus. If it only applies to business bonuses then it’s an okay offer, it’s relatively easy to meet the bonus requirements but it’s difficult to keep the account fee free. It’s not a public bonus so we won’t be adding this to our best checking bonuses.
Hat tip to reader curmudgeon
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
