September 25, 2023

U.S. Bank Checking Account Bonus

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Get a bonus when you open a new account with U.S. Bank. Learn more about their bonuses to kick-start your banking journey.

U.S. Bank frequently offers limited-time bonuses when you open a new personal banking account or business banking account.

Find out their current promotions and the requirements.

What Is a U.S. Bank Checking Bonus?

U.S. Bank checking bonuses are typically limited-time promotions for new customers. You get a cash reward after meeting the offer requirements.

They often have promotions for the US Bank Smartly® Checking account. Sometimes, it's paired with a Standard Savings promotion where you can earn more if you open both accounts. There are also frequent bonuses for their business checking accounts.

Have you previously opened a checking account with a bonus offer?

The offers are limited-time and the bonus amount differs with each offer. So if you happen to see a big one and you're in the market for a new account, snatch it up before it's gone.

Also known as U.S. Bancorp, U.S. Bank is one the largest commercial banks based in Minneapolis. It was founded in 1863 as the First National Bank of Cincinnati. Over the years, U.S. Bank has expanded its reach to over 2,200 branches in the West and Midwest.

Bonus Details

Here are the current US Bank checking account bonuses and how to get them:

U.S. Bank Smartly® Checking and Standard Savings - Up to $700 Bonus

Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC.

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.

Learn More

Fine Print

While the exact requirements may vary based on the current promotion, they usually include the following:

  • You cannot have an existing U.S. Bank consumer checking account, had a U.S. Bank consumer checking account in the last two years, or received other U.S. Bank bonus offers within the past two years.

  • You must use the corresponding promo code at account opening.

    The promo code will be automatically applied for you if you use our offer link. If you apply on a different page, you'll need to manually enter the promo code.

  • You must enroll in the U.S. Bank Mobile App or online banking within 90 days of opening your account.

  • A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, from your employer or the government. Other electronic deposits or person-to-person payments are not considered a direct deposit.

  • New money is considered money that is new to the customer or new to U.S. Bank where funds are coming from outside U.S. Bank.

  • Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes.

  • Limit one checking and savings bonus per eligible account. Offer may not be combined with any other checking or savings account bonus offers.

Keep in mind that eligibility guidelines may differ with different offers, so it is advisable to refer to the particular offer when it comes out.

How to Open a US Bank Checking Account

  1. Start your application using the links provided, so the promo code will be applied.

  2. Fill out the form by providing basic personal information (name, SSN or EIN, email and phone number).

  3. Fund your account with an initial deposit (typically $25 for a US Bank Smartly® Checking account).

Which is your most important consideration when choosing a checking account?

U.S. Bank Smartly® Checking Account

This is U.S. Bank's personal checking account that comes with lots of cool features like:

  • Free ATM access at US Bank ATMs & MoneyPass® Network ATMs
  • No overdraft fees for overdrafts $50 or less
  • Overdraft Fee Forgiven program for overdrafts over $50
  • Free credit report
  • Budgeting tools and goal tracker in the U.S. Bank Mobile App

It has a monthly fee of $6.95, which can be waived by fulfilling one of the following:[1]

  • Have combined monthly direct deposits totaling $1,000 or more
  • Keep average account balance of $1,500 or more
  • Hold an eligible U.S. Bank credit card
  • Qualify for one of the four Smart Rewards™ tiers (Primary, Plus, Premium or Pinnacle)
  • Are age 24 or under, 65 and over, or a member of the military (must self-disclose)

U.S. Checking Account Bonus Alternatives


Does U.S. Bank offer free checking?
U.S. Bank does not offer a free checking account. But you can avoid monthly fees with a U.S. Bank Smartly® Checking Account with at least $1,000 in monthly direct deposits. It's also automatically waived for the military and those 24 and under or 65 and over.

How do I get $400 from U.S. Bank?
You can get $400 or more from U.S. Bank whenever they have promotional bonuses for new accounts. These are typically limited-time offers so best to act on them when they are available.

Does U.S. Bank offer a referral bonus?
There is no known U.S. Bank referral bonus. Instead, the bank publishes checking and credit card bonuses from time to time.

How do I get a U.S. Bank checking account?
You can get a U.S. Bank checking account by applying online or in person. Present your SSN and any government-issued ID, like a driver's license. Prepare to make an initial deposit of $25 as well.

What are U.S. Bank rewards?
U.S. Bank's Smart rewards are tiered incentives based on your total banking relationship with U.S. Bank. The higher your balances in your deposits and investments, the more perks you are entitled to, such as fee waivers.

Bottom Line

U.S. Bank checking bonuses don't stick around forever. So, if you want to make your checking a little more extra, don't hesitate to snatch one up.


  1. ^ U.S. Bank. Consumer Pricing Information, Retrieved 9/10/2023
Member FDIC

Chase Total Checking® - $300 Bonus

Expires 7/24/2024
  • 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
  • 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
Member FDIC

Bank of America Advantage Banking - $200 Bonus Offer

Expires 5/31/2024
  • 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 Bank
Member FDIC

BMO Smart Advantage Checking - $350 Cash Bonus

Expires 9/9/2024

Get a $350 cash bonus when you open a new Smart Money Checking or Smart Advantage Checking account and have a cumulative total of $4,000 in qualifying direct deposits within 90 days of 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.

Discover Bank
Member FDIC

Online Savings Account - Earn 4.25% APY

  • No fees
  • No minimum opening deposit
  • No minimum balance required
CIT Bank
Member FDIC

CIT Bank Platinum Savings - 5.00% APY

  • 5.00% APY with a balance of $5,000 or more
  • 0.25% APY with a balance of less than $5,000
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC

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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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