US Bank Business Checking Bonus
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Boost your business with a U.S. Bank Business Checking bonus. Learn how to make the most out of this offer.
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US Bank offers limited-time bonuses when you open a new business checking account with them.
Learn how to qualify for their business checking bonuses and help get your business off to a good start.
Silver Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Gold Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Platinum Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
What Is a U.S. Bank Business Checking Bonus?
U.S. Bank typically offers business checking bonuses for all 3 of their business checking accounts: Silver, Gold, and Platinum. It can be a tiered bonus where you can earn more with a larger deposit (though not always).
The requirements are usually quite reasonable, so it's a great option if you're in the market for a new business checking account.
As a business owner, you can use this bonus to boost your cash flow, offset banking fees, or even grow your business.
How to Claim the Bonus
Here's how to earn a U.S. Bank Business Checking bonus (note that the terms and conditions may be specific to a limited-time promotion):
- Open a Silver, Gold, or Platinum U.S. Bank Business Checking account using the given promo code.
- Deposit the required amount within 30 days of account opening, including an initial deposit of $100.
- Maintain this balance for 60 days from the opening date.
- Enroll in US Bank business online banking or the U.S. Bank Mobile App within 60 days of account opening.
- U.S. Bank will deposit your checking bonus into your new account within 45 days of meeting the requirements, as long as your account is open and has a positive balance.
How to Open a U.S. Bank Business Checking Account
- Start your application using the links provided, so the promo code will be applied.
- Fill out the form by providing basic personal information (name, SSN or EIN, email and phone number, including those of co-owners with a minimum of 25% company ownership).
- Make an initial deposit of $100.
- Articles of Organization (for LLCs)
- Articles of Incorporation (for corporations)
- Partnership Agreement (for partnerships)
- DBA certificate
Fine Print
- You must deposit new money. New money means your fund source should be outside U.S. Bank or its affiliates.
For example, you cannot fund your newly opened U.S. Bank Business Checking account by simply transferring money from a savings account you already have with U.S. Bank. Instead, here are ways you can introduce new money to your account:
- Direct deposit
- ACH or wire transfer from an external account
- ATM/branch cash deposit
- Mobile check deposit
- Direct deposit
- Offer is not valid for existing U.S. Bank Business Checking account clients, or if you or any signer had a U.S. Bank Business Checking account in the last 24 months.
- There is limit of one Business Checking bonus per business.
- Offer may not be combined with any other business checking account bonus offers.
- Your bonus is considered taxable income, and will be reported as interest earned on IRS Form 1099-INT.
Yes, you can close your U.S. Bank account after your bonus payout, provided you have kept it open for at least 60 days. Note, however, that account closures are recorded in your ChexSystems report and may impact your perceived banking behavior when opening bank accounts in the future.
U.S. Bank Business Checking Accounts
U.S. Bank offers 3 business checking accounts: Silver, Gold, and Platinum. Below is a quick overview of these accounts.
| Silver | Gold | Platinum | |
|---|---|---|---|
| Monthly fee | $0 | $20 | $30 |
| Average collected balance to waive fee | $0 | $10,000 | $25,000 |
Free monthly transactions | 125 | 300 | 500 |
| Free cash deposits per month | $2,500 or 25 items (whichever comes first) | $10,000 or 100 items (whichever comes first) | $20,000 or 200 items (whichever comes first) |
Silver Business Checking
This is U.S. Bank's basic business checking account. It has $0 monthly fee and no balance requirements, so it's ideal for new or small businesses.
Gold Business Checking
This is U.S. Bank's mid-tier business checking account. There is a $20 monthly fee that can be waived with:
- U.S. Bank Payment Solutions Merchant Account
- An average collected balance of $10,000 or an average collected checking balance on interest-bearing option of $25,000, OR
- A combined average collected business deposit balances of $20,000 or a combined average collected balance on interest-bearing option of $50,000, OR
- A combined average collected business deposits and outstanding credit balances of $50,000
- A combined business deposit and outstanding business credit of $75,000
Platinum Business Checking
This is U.S. Bank's premium business checking account designed for those with heavy banking needs and larger balances. The $30 monthly fee can be waived with:
- An average collected balance of $25,000, OR
- A combined average collected business deposits and outstanding credit balances of $75,000
To sum up, U.S. Bank Business Checking offers accounts that cater to businesses of all sizes.
Yes, it is highly recommended to get a separate business checking to protect you and your business. It establishes a clear separation between your personal and business assets, which can be crucial if your business is sued or get into debt.
U.S. Business Checking Account Bonus Alternatives
Chase Business Complete Banking® - $300 Bonus
- Earn $300 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
- Multiple ways to waive the $15 Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
- Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions.
- Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle®, Online Bill Pay, wire transfers and ACH payments.
- Convenient access to payment processing. Process all major debit and credit cards with QuickAccept®. It's a built-in feature with your Business Complete Checking account.
- Helping you save money. Multiple ways to waive $15 service fee and unlimited digital transactions helps you keep more of your money.
- Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology.
- Trusted and secure financial partner. We're committed to helping you grow and protect your business.
Bank of America Business Advantage Checking Account - $200 Bonus Offer
- Open a new eligible business checking account by June 30, 2024
- Make Qualifying Deposits* of $5,000 or more in new money within 30 days of opening the new eligible business checking account
- Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the maintenance period**
**The maintenance period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
Member FDIC
Basic Business Checking - Up to $400 Bonus
- Business owners get up to $400 welcome bonus!*
- Open a business checking account by June 30 and get up to $400 when you use promo code NEW400 on your application.*
- No initial deposit requirement
- No minimum balance requirement
- No monthly maintenance fees
- Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
- Unlimited domestic ATM fee reimbursements
- Unlimited item processing (debits, credits, and deposited items)
- Cash deposits via MoneyPass and AllPoint networks
Bottom Line
U.S. Bank Business checking bonuses are usually limited-time offers, so grab one if you have your eye on something. They're an enticing opportunity for business owners to not only meet their banking needs but also gain additional financial benefits.
Silver Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Gold Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Platinum Business Checking Package - Up to $800 Bonus
Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $400.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
By taking advantage of bonus opportunities, you can maximize your benefits and help propel your business forward with confidence.
References
U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus
Earn up to $500 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:
- Enroll in online banking or the U.S. Bank Mobile App
- Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $100, $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500
Earn up to $200 with a new Standard Savings account.
- Make new money deposit(s) totaling $15,000 or more by July 17, 2024
- Maintain that balance until October 31, 2024
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
Chase Total Checking® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Access to more than 15,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- JPMorgan Chase Bank, N.A. Member FDIC
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
Bank of America Advantage Banking - $200 Bonus Offer
- The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 5/31/2024.
- To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits totaling $2,000 or more into that new account within 90 days of opening.
- Bank of America will attempt to pay bonus within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- Bank of America, N.A. Member FDIC.
BMO Smart Advantage Checking - $250 Cash Bonus
Open a new BMO Smart Advantage Checking account and get a $250 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
Online Savings Account - Earn 4.25% APY
- No fees
- No minimum opening deposit
- No minimum balance required
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