[Expired: This deal has now expired, you can view more similar deals here]
The Offer
- Receive a $25 cash bonus when you pay 5 bill pays or more per month in May, June & July
The Fine Print
- Cash bonus will be deposited directly into your account after the 5 bill pays from each month are completed
- Must be an existing U.S Bank deposit account customer that is enrolled in Online Banking & Bill Pay
- If the Bill Pay requirement is not meet in May you can still receive $10 if you complete the requirements in June & July
- Bill Pays must be processed & processed on the customer’s account within the calendar month
- Bill Pays must be a minimum of $10
- Promotion will run from May 1st to July 31st, 2014
- All bank bonuses are treated as interest and as such you must pay taxes on them
Our Verdict
It’s unfortunate I didn’t know about this offer earlier as I think people will struggle to complete the 5 bill pays before the end of May. That said, I think U.S bank has only recently started to promote this promotion in the hopes that they have to pay out a maximum of $10 per customer.
It’s not a bad little promo and it’s good to see banks offering bonuses to existing customers. If you have a U.S bank deposit account then this is well worth doing. It’s definitely not worth doing if you don’t already have a deposit account with them, as there are better bank deals out there.
View Comments (6)
Has anyone seen the bonus credited yet?
Word from US Bank Email correspondence
We will notify customers qualifying for the $10 Restaurant.com Gift Card by email with instructions for retrieving and redeeming their award no later than October 31, 2014.
That's a lot of bills and I only need to pay 4 credit cards.
Has anyone paid the same credit card in $10 increments 5 times a month?
It's a new promo so I doubt anybody has, but hopefully it works.
Santander bank offers $20. $10 for a direct deposit of $1,500 and $10 for making 2 Bill pays. If you have a direct deposit it will waive the bank fees.
Yup, we've covered this in detail in the past: https://www.doctorofcredit.com/santander-20-per-month-bonus-sign-extra20-bundle/