U.S. Bank $500/$900 Business Checking Bonus

Update 1/18/25: Extended to March 31, 2025. Lowest tier is now $500 (was $400). $900 bonus now only requires a $25,000 bonus instead of $30,000.

Offer at a glance

  • Maximum bonus amount: $900
  • 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: January 15, 2025

The Offer

Direct link to offer

  • U.S. Bank is offering a bonus of up to $900 when you open a new business checking account when you use promo code Q1AFL25.
    • Earn $900 when you open a Platinum Business Checking Account package
      • Deposit at least $25,000 in new money within 30 days of account opening
      • Maintain at least that balance for 60 days after opening the account
      • Complete 5 qualifying transactions.
    • Earn $400 when you open a Silver Business Checking Account package
      • Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
      • Maintain at least that balance for 60 days after opening the account
      • Complete 5 qualifying transactions.

The Fine Print

  • 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.
  • Platinum account has a $30 monthly fee, this is waived if you
    • An active U.S. Bank Payment Solutions Merchant Account or
    • $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances

Early Account Termination Fee

There is no early account termination fee to worry about

Our Verdict

Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.

Hat tip to reader Jack

Useful posts regarding bank bonuses:
    William Charles
  • On January 18, 2025, 22:10
Tags: credit card fundingdirect deposit not requirednationwide bank bonusessoft pull

View Comments (654)

  • DP:

    12/20: Opened Platinum biz Checking
    01/15: $3K CC Funding + $2K Push + $25K Wire
    02/14: $58 Service Charge for Wire, Wire Info and Under $25k Monthly Fee in December
    03/07: $900 Bonus Posted

  • 12.29 opened the account
    1.9 deposited $30,020
    2.14 got charged $30 service fee and caused total balance below $30,000
    2.18 called US BANK
    2.19 service fee refunded
    3.7 bonus received

  • Had anyone used a USB business CC like triple cash to fund the account and count as purchase? Count towards minimum spending for bonus?

  • does my 3k initial funding count towards my 5k new money needed for the Silver package? thanks

  • Just a watch out to verify your accounts are properly closed.

    My P2 and I had called in in early February to close our Silver accounts, but oddly, P2's account didn't close. We logged in yesterday, about a month after initially calling in, and it still showed up as open, so we called again to process it. Mine had closed and I received a final statement, but oddly, not for P2

  • Anyone know when the 5 transactions requirement was added? I opened this on 1/3/2025 and don't remember seeing that, but forgot to do a screen grab... doh. I assume it's when it went from $400 to $500?

    • I also opened on 1/3/25 and printed the page. It does not have the 5 transaction requirement. Just either Earn $400 with depositing $5,000 or $900 depositing $30,000 with the promo code Q4AFL24 which looks like was available until January 15. 60 days was March 4. When are you moving your funds out? Maybe I'll wait until Friday to be sure.

      • Thanks! I am going to try using it tomorrow to do a $5k ACH "payroll" push to the Sofi account I just opened to hopefully get that bonus. I'd say 61 days is clearly enough...

  • anyone tried to fund 3k using Venture X as opening deposit? It got coded as "other services" and currently, it hasn't been counted towards the 4k SUB requirement yet, would it gets changed later on?

  • Anyone didn’t get the bonus immediately?
    Opened 1/25
    1/27 initial deposit 100
    1/31 2k from chase
    2/3 3k from chase
    *noticed the 5 transaction
    2/11 5x Zelle payments

    • No one gets the bonus immediately, and you haven’t even met the requirements yet lol. You have to hold the $5k balance until the 60th day after account opening. Then have some patience, and wait to get paid…

  • I'm confused about the 5 qualifying transactions part. It says Zelle is fine BUT person to person payment is not fine? So if I zelle from my account to another person zelle, is it a qualifying transaction?

Leave a Comment