US Bank has a promotion for new Business Checking accounts that offers either a $400 or $1200 bonus with very simple requirements. This deal is available in states within US Bank’s footprint (or for US Bank cardholders) and requires making one or more deposits totaling either $5,000 or $25,000 within 30 days of account opening, holding that money in the account until 60 days after account opening, then making five transactions. The total of the deposits and the account type will determine the bonus amount. $5,000 gets you $400; $25,000 gets you $1200.
US Bank is again allowing up to $3,000 of credit card funding on new accounts, so use it if you got it.
The Deal
- US Bank is offering a bonus of $400-$1200 when opening a U.S. Bank Business Checking account using promo code Q4AFL25 and completing the following requirements within 30 days of opening:
- For the $400 bonus, open a Business Essentials checking account and complete one or more deposits totaling $5,000 or more within 30 days and maintain the balance for 60 days, both from account opening. You also must complete five qualifying transactions
- For the $1200 bonus, open a Platinum checking account and complete one or more deposits totaling $25,000 or more within 30 days, and maintain the balance for 60 days, both from account opening
- 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.
- Expires 1/14/2026
Terms and Conditions
- Promo code Q4AFL25 MUST be used when opening a U.S. Bank Business Essentials®, or Platinum 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.
- Limit of one Business Checking bonus per business.
- A $100 minimum deposit is required to open one of the referenced accounts.
- Earn your $400 Business Checking bonus by opening a new U.S. Bank Business Essentials account between 10/1/2025 and 1/14/2026. 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.
- Earn your $1000 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 10/1/2025 and 1/14/2026. 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 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.
- The business checking 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.
- 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.
- Monthly Maintenance Fee Waiver Options: Platinum Business Checking: U.S. Bank Payment Solutions Merchant Banking OR $25,000 average collected balance OR $75,000 combined average collected business deposits and outstanding business credit balances
Quick Thoughts
This is an easy checking account bonus, as the requirements are very simple: make deposits totaling $5000 or $25,000 within thirty days of account opening, hold the money in the account for 60 days after account opening, and sign up for online banking and then complete five transactions on the account. That’s it.
Since you can open an account with as little as $100, you don’t need to deposit the remainder until day 25-30. After 60 days (from account opening), you just need to maintain a positive balance until the bonus gets credited (US Bank gives itself up to 45 days to do that). So, you shouldn’t have to leave the full amount in the account for longer than 30-35 days.
There are two different types of business checking. You can get the $400 bonus by signing up for Business Essentials, which has no maintenance fees. The account is limited to 125 transactions per month, and then each transaction gets charged a $.50 fee, but why would you do more than 125 transactions in a month?
The $1200 bonus now requires a Platinum checking account. Previously, you could get the higher level with Business Essentials, but now that you must open the higher-level account, maintenance fees become more of an issue. It’s $30/month, unless you maintain an average minimum balance of $25,000. That’s no big deal for the month that you keep the $25K in the account, but there’s still the first month (before you deposit the lion’s share of the money) and the last month while you’re waiting for the bonus to be credited.
Leaving the cash in means that you’d be forgoing ~$100/month to save $30 in maintenance fees…which seems like a bad deal to me. It’s probably better to just take the money out and know that you’ll be eating ~$60 in fees, bringing the total bonus closer to $815 ($1000 – ~$60 in fees and ~$125 in interest on the money you have tied up for a month).
US Bank bonuses have usually been limited to those states that have a US Bank branch (which is a wide net…see locations here). If you live in one of the states that doesn’t have a branch, you used to be able to get around this requirement by opening a US Bank brokerage account first and then opening the checking account afterwards. Based on previous comments, it sounds like US Bank may have closed that loophole, but instead is now allowing folks with a US Bank credit card to open checking accounts, even if they’re outside of the US Bank footprint.
US Bank is fairly strict on its churning rules, so I wouldn’t mess with it if you’ve had an account or received a US Bank bonus within the past year. If you haven’t, this is easy money.
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Where is the $100/month coming from for lost money if $25k cash is kept in the account? That’s 4.8% annually tax free. Where can I get this?
In lost interest it could be earning in a HY savings account. Opportunity costs