Update 7/1/25: This has been extended to September 30, 2025. $900 bonus is now $1,000. $500 bonus down to $400
Update 4/6/25: extended to 6/30/25. Promo code: Q2AFL25
Update 1/18/25: Extended to March 31, 2025. Lowest tier is now $500 (was $400). $900 bonus now only requires a $25,000 bonus instead of $30,000.
Offer at a glance
- Maximum bonus amount: $1,000
- Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
- Direct deposit required: None
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Mixed data points
- Credit card funding: Can fund up to $3,000 with a credit card
- Monthly fees: None with paperless statements
- Early account termination fee: None
- Household limit: None
- Expiration date: 6/30/25
Contents
The Offer
- U.S. Bank is offering a bonus of up to $1,000 when you open a new business checking account when you use promo code Q3AFL25.
- Earn $1,000 when you open a Platinum Business Checking Account package
- Deposit at least $25,000 in new money within 30 days of account opening
- Maintain at least that balance for 60 days after opening the account
- Complete 5 qualifying transactions.
- Earn $400 when you open a Silver Business Checking Account package
- Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
- Maintain at least that balance for 60 days after opening the account
- Complete 5 qualifying transactions.
- Earn $1,000 when you open a Platinum Business Checking Account package
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
- Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
- Platinum account has a $30 monthly fee, this is waived if you
- An active U.S. Bank Payment Solutions Merchant Account or
- $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances
Early Account Termination Fee
There is no early account termination fee to worry about
Our Verdict
Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.
Hat tip to reader Jack
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Man, I have not been having much luck with bank openings lately. PNC opened the wrong account, got declined for WF Biz, and now I’m declined for this:
Thank you for considering U.S. Bank. We appreciate your interest in the Platinum Business Checking Package. After reviewing the information provided, we’re unable to approve your application right now. You’ll receive an email or a letter with more details.
That just means they need to verify your info. You should get an email telling you to call them.
How long does it usually take? Not seeing anything yet.
It’s usually nearly instant. The email might be in your junk folder, or it may have bounced.
The number to call is 866-268-7231. Be prepared to wait on hold for an hour…
Just want to confirm if 5 ACH push from hub to US Bank meets requirement. Transaction shows up as {Name} and description is electronic deposit {name}.Thanks
Yes.
Does the term mean you can not have any account (even personal account) in the last 12 months? 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.
No.
This one hurts. No bonus for me despite meeting the terms. Was told via chat that I wasn’t eligible since I have the smartly (personal) account. I don’t think that’s true per the terms so I logged a cfpb complaint. But I’m closing the account and moving on. Don’t want to deal with the monthly maintenance fees.
That’s bologna, you should fight for it. I did a business and personal bonus at the same time last year and got both. Maybe you could downgrade to a silver while you wait. Also call on the phone and give them some push back, $900 is well worth a little extra effort.
I agree with artist. You definitely should fight for this one, business account is separate from the personal account.
Don’t close the account before the CFPB ticket is completed.
Approved as sole prop in FL with existing credit card relationship and previous checking accounts/ certificate of deposit. $3K CC funding with Chase Freedom Unlimited. Was glad to receive the approval email about an hour after the application went into review. Pretty smooth so far.
“Earn your $1,000 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 7/01/2025 and 9/30/2025. 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.”
Are we reading this as it’s ok to deposit $25k at the end of the 30 days and then just hold it there through the 60th day? so 30-ish days total? Any DP on this?
Yes.
https://www.doctorofcredit.com/you-can-search-for-comments/
I’d take that a step further and say you’re SUPPOSED to search the comments. 😀
https://www.doctorofcredit.com/commenting-rules/
Yeah, that was a small win, but I was hoping for more visibility of that in the comment form in particular lol
Maybe the “Join the discussion” prompt should be replaced with a prompt to search before commenting?
You don’t say…
lol great minds 🤓
People that ask these sort of questions aren’t going to search the comments even if it’s clearer.
Yes. Plenty of DPs on this, read the comments.
ive been a us bank customer before and this will be my second churn. wondering how i can fund with credit card now because there is no option before submitting the application. anyone else have info on this? can you fund with cc after submitting?
In two of my experiences there is no funding during the application. After the application is approved you get an email promoting you to fund the account. Where credit card funding is an option.
At risk of sounding dense…
So, I open the account. Wait for an e-mail … and fund the account with my credit card how? Sorry,never done that before
Ty
No, you APPLY for the account, and wait for an email with next steps, including CC funding. The account isn’t opened until after the steps are completed.
This must have changed not too long ago – it used to ask you for your funding during the opening process.
If you didn’t have to wait for an email, then your application didn’t go into review. You just jumped straight into the next steps. IIRC it seems like most apps go into review.
There should be a link to a task list in the email.
Does the 5 transactions have to be completed after the $5K is in the account? Because I received an email from USB stating that I had completed “Step 1” and then it said Step 2, Deposit at least 5K and maintain until 9/7/25, then it says Step 3 Complete 5 transactions? The email did not show Step 3 as being completed either….even though I already did 5 debit card transactions but it was before the 5K was in the account?
You messed up. You did the transactions before the deposit. You’re no longer eligible for the bonus.
Seriously, the order makes no difference. The deposits you make to fund the account could themselves be qualifying transactions!
Read the offer disclosure. It’s probably in fine print at the end of the email.
Please pay attention to your statement. I was charged a $6.50 fee for paper statement, however I submitted the account application with paperless statement. Apparently, it affected other customers too, like this DP https://www.doctorofcredit.com/u-s-bank-400-900-business-checking-bonus/#comment-2101632
You have to call to get this fee refunded. I would also suggest a CFPB complaint so they can fix this systematic error.
My mom received a targeted mailer from US bank, exact the same term but different offer code. Wonder why the diff.
My guess would be just so they can track and know which promotional method someone is coming from to see which methods are working. If you sign up with the code from the mailer, that’s one point for the mailer having worked which helps them decide how much to invest in sending out more mailers. Perhaps there are even different kinds of mailers with different codes so they can track which is the most effective version.
Hmm, makes sense.