U.S. Bank Bonus Offers: Up to $800 for Opening New Accounts

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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 $800.

Here's what you need to know about each of these limited-time offers.

$450 U.S. Bank Offer

New customers can earn up to $450 when they open a new U.S. Bank Smartly® Checking account and Standard Savings 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 November 30, 2023.

U.S. Bank Smartly® Checking Account

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• Our Rating 4/5 How our ratings work
• Minimum
  Deposit Required$25
• Intro Bonus Up to $450Expires November 30, 2023 More Info

  Earn up to $450 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 November 30, 2023. Member FDIC.

If you're interested in opening a checking account with U.S. Bank, the 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 Smartly Checking Account features a $6.95 monthly fee, it's relatively easy to waive, and you only need $25 to open an account.

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Chase Total Checking® Account Open Account	$200Expires January 24, 2024 More Info New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.	N/A	Open Account
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How to Earn the $450 New Account Offer

The current U.S. Bank offer requires new customers to open both a Smartly® Checking account and Standard Savings 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 a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through November 30, 2023. Member FDIC.

Earn up to $350 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 $7,500 or more to earn $350

Earn up to $100 with a new Standard Savings account.

• Make new money deposit(s) totaling $15,000 or more by December 30, 2023
• Maintain that balance until June 30, 2024

Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account.

🎉NEW! Unlimited Cash-Back Match Offer🎉

Chase Freedom Unlimited®

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• Our Rating 4.5/5 How our ratings work Read the review
• APR20.49% - 29.24% (Variable)
• Annual Fee$0
• Sign Up Bonus Matched Cash BackExtra Cash Back More Info

  SPECIAL OFFER: Unlimited Matched Cash Back. Chase will automatically match all the cash back you earned at the end of your first year! There is no limit to how much cash back you can earn.

We like that the card offers a high flat rewards rate but also provides accelerated rewards on some common everyday spending categories. You’ll also get access to the Chase Ultimate Rewards Travel portal, which allows you to use your cash-back earnings for travel rewards, gift cards and more. If you make this your primary card for most purchases you can quickly rack up a lot of rewards.

Right now, the fan favorite Chase Freedom Unlimited® card has a special offer for new cardholders: Earn unlimited matched cash back on purchases for the first year you have the card. This offer, which is paid out at the end of the 12 month period, could potentially yield hundreds of dollars in value. So if you’re in the market for a new card that earns unlimited matched cash back, consider jumping on this deal.

$800 U.S. Bank Offer

Through January 8, 2024, new U.S. Bank Business Checking customers can earn between $350-$800. The amount you earn depends on how much money you're able to deposit into the account. It's also worth noting that this offer is available for several of U.S. Bank's Business Checking packages, which means companies large and small can cash in on this offer.

How to Earn the Full $800 Business Checking Offer

If you're interested in earning a $800 offer, 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:

1. Open a new U.S. Bank Silver, Gold or Platinum Business Checking account using promo code Q3AFL23. The bank requires a $100 minimum opening deposit for all these accounts.
2. Enroll in online banking or the U.S. Bank mobile app. This enrollment is in addition to account opening, and it must be completed within 90 days of opening your account.
3. Deposit at least $5,000 in new money within 30 days from account opening to earn a $350 offer; deposit at least $25,000 in new money within 30 days to earn a $800 offer. In both cases, you'll need to maintain the required balance for until the 60th day from account opening to earn the offer.

To be eligible for a U.S. Bank Business Checking account, applicants must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI or WY.

U.S. Bank Silver Business Checking Account

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at U.S. Bank

• Our Rating 4.5/5 How our ratings work
• APYN/A
• Minimum
  Deposit Required$100
• Intro Bonus Up to $800Expires January 8, 2024 More Info

  Earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q3AFL23 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through January 8, 2024. Member FDIC.

If you're in the market for a basic business checking account, you'd do well to consider U.S. Bank's Silver Business Checking. This account carries no monthly maintenance fee, and features an alluring sign-up offer for new customers who complete qualifying transactions. While the free cash deposit limit is relatively low, it should be enough to accommodate businesses that don't generate many monthly banking transactions.

U.S. Bank Gold Business Checking Account

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at U.S. Bank

• Our Rating 4.5/5 How our ratings work
• APY0.01% More Info

  Earn 0.01% APY on balances of $20,000 or greater.

• Minimum
  Deposit Required$100
• Intro Bonus Up to $800Expires January 8, 2024 More Info

  Earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q3AFL23 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through January 8, 2024. Member FDIC.

Assuming you can meet the requirements to waive its monthly fee, the U.S. Bank Gold Business Checking account is a strong option for mid-size businesses. This account offers considerably more free transactions than U.S. Bank's Silver Business Checking account and gives customers the chance to earn 0.01% APY on balances of $20,000 or more.

U.S. Bank Platinum Business Checking Account

Open Account

at U.S. Bank

• Our Rating 4.5/5 How our ratings work
• APYN/A
• Minimum
  Deposit Required$100
• Intro Bonus Up to $800Expires January 8, 2024 More Info

  Earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q3AFL23 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through January 8, 2024. Member FDIC.

If your business regularly deals with enough cash to make the most of the higher free transaction limit (and to easily waive the monthly fee) you'll likely find a lot to like about the U.S. Bank Platinum Business Checking account. In addition to offering a host of features meant to assist larger businesses, this account features the same $100 minimum opening deposit requirement and valuable sign-up offer as seen in U.S. Bank's Gold and Silver Business Checking packages.

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 Gold Business 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. 

This account comes with the bank’s standard features, which include options for online and mobile banking, as well as a U.S. Bank Visa® Debit Card.

The U.S. Bank Gold Business Checking account includes a monthly fee of $20. To get this fee waived, complete one of the following actions:

• Have a U.S. Bank Payment Solutions Merchant Account
• $10,000 average collected checking balance or $25,000 average collected checking balance on interest-bearing option
• $20,000 in combined average collected deposit balances or $50,000 in combined average collected balance on interest-bearing option
• $50,000 combined average collected business deposits and outstanding business credit balances

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.