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Those who are looking for a new bank, but also want a little something extra for switching, may find a friend in U.S. Bank (Member FDIC). New customers who complete qualifying transactions have two offers to choose from: a consumer account offer worth up to $450 and a business checking offer worth up to $900.
Here's what you need to know about each of these limited-time offers.
$450 U.S. Bank Offer
You can earn up to $450 when you open a new U.S. Bank Smartly® Checking account (Member FDIC), then complete the required activities. But you’ll need to act quickly—this offer is only available for a limited time, through April 17, 2025.
U.S. Bank Smartly® Checking Account (Member FDIC)
- Our Rating 4/5 How our ratings work
- Minimum
Deposit Required$25 -
Intro Bonus
Up to $450Expires April 17, 2025
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 17, 2025. Member FDIC. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
If you're interested in opening a checking account with U.S. Bank, the Bank Smartly Checking Account is likely the one you'll be most interested in. This account includes a wealth of standard banking features, such as mobile check deposits and automated bill pay. While the Bank Smartly Checking Account features a $6.95 monthly fee, it's relatively easy to waive, and you only need $25 to open an account.
How to Earn the $450 Consumer Offer
The current U.S. Bank offer requires customers to open a U.S. Bank Smartly® Checking account to earn $450.
Here’s how to earn $450:
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 17, 2025. Member FDIC.
- Earn up to $450 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 $2,000 - $4,999.99 to earn $250, $5,000 - $7,999.99 to earn $350 or $8,000 or more to earn $450.
Fund your new acount within 30 days to start qualifying activities. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
$900 U.S. Bank Business Checking Offer
Through March 31, 2025, new U.S. Bank Business Checking customers can earn between $500-$900. The amount you earn depends on which account you choose to open, and you'll need as much as $25,000 on-hand to qualify for the maximum bonus amount.
Recommended Bank Bonuses
| Bank Account | Intro Bonus | Minimum Deposit | Learn More |
|---|---|---|---|
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Up to $450Expires April 17, 2025
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 17, 2025. Member FDIC. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint. |
$25 | Open Account |
|
Member FDIC |
$50-$300Expires January 31, 2026
New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Direct Deposit can earn 4.00% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the 4.00% APY for savings (including Vaults). Members without Direct Deposit will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/3/2024. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. |
N/A | Open Account |
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$300Expires April 16, 2025
New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities |
N/A | Open Account |
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$300Expires May 16, 2025
Earn $300 after qualified activities until 05.16.25 with the no-monthly-maintenance-fee Key Smart Checking®. |
$10 | Open Account |
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$300-$500Expires April 17, 2025
Earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities. |
N/A | Open Account |
How to Earn the Full $900 Business Checking Offer
If you're interested in earning a bonus with U.S. Bank, you'll need to open an eligible U.S. Bank Business Checking account and complete several qualifying actions.
Here’s how to earn U.S. Bank's Business Checking offer
Promo code Q1AFL25 MUST be used when opening a U.S. Bank Silver, Platinum, or Business Essentials Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts. Business Essentials is not available in all markets; contact a banker for more details.
Bonus Options
- Earn your $500 Business Checking bonus by opening a new U.S. Bank Silver Business Checking or Business Essentials account between 1/16/2025 and 3/31/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.
or
- Earn your $900 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 1/16/2025 and 3/31/2025. You must make deposit(s) of at least $25,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $25,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.
Qualifying U.S. Bank Business Checking Accounts
| Account | Intro Bonus | Minimum Opening Deposit | Monthly Fee | Learn More |
|---|---|---|---|---|
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$500Expires March 31, 2025
Earn your $500 Business Checking bonus by opening a new U.S. Bank Silver Business Checking or Business Essentials account between 1/16/2025 and 3/31/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening. |
$100 | $0 | Open Account |
|
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$900Expires March 31, 2025
Earn your $900 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 1/16/2025 and 3/31/2025. You must make deposit(s) of at least $25,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $25,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening. |
$100 |
$30 with option to waive
You can waive this account's monthly maintenance fee with one of the following: $25,000 average collected checking balance or $75,000 combined average collected business deposits and outstanding business credit balances. |
Open Account |
Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.
New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.
Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of 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. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.
All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice.
Member FDIC.
U.S. Bank Account Fees
If you’re interested in these promotions, you may need to open at least one account that carries a monthly fee. The following U.S. Bank accounts fall into this category:
- U.S. Bank Smartly® Checking
- U.S. Bank Platinum Business Checking
Luckily, there are ways to waive the fee for all these accounts, but it’s a good idea to make sure you qualify for the fee waivers before attempting to earn the offer. Even though these are strong offers, you could end up paying around $30-$60 in fees in the process of earning them, which makes them less valuable overall.
How to Waive the Monthly Fees for These Accounts
The U.S. Bank Smartly® Checking account monthly fee is $6.95. To get this waived, you need to do one of the following:
- Have combined monthly direct deposits totaling $1,000 or more
- Keep a minimum 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)
- Be a member of the military (requires self disclosure)
- Be 24 or younger or 65 and older
Be sure to read through the terms and conditions for this account to make sure it’s right for your financial situation.
The U.S. Bank Platinum Business Checking Account has a $30 monthly service fee, the largest of the bunch. To waive this fee, meet one of the following criteria:
- $25,000 average collected checking balance
- $75,000 combined average collected business deposits and outstanding business credit balances
Are These Offers Right for You?
It’s rarely a good idea to open a bank account just to earn some extra cash. Still, if you’re looking for a new bank to do business with, then U.S. Bank may be right for you.
Not only does it offer a wide range of financial products beyond checking accounts, but the bank also has physical branches, 24/7 phone support and an online and mobile banking platform. Yet big banks are often known for charging lots of expensive fees, and U.S. Bank is no exception. You’ll find free checking accounts in the marketplace without monthly maintenance fees—some of which earn interest and also offer cash bonuses. So, compare products with multiple banks before deciding what’s best for your personal finances.
Louie Patterson
Louie Patterson is a Finance Content Manager who specializes in banking topics such as account bonuses and CDs. With over seven years of professional editorial experience, their work has appeared in several publications, including USA Today and Consumer Affairs.
