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
View Comments (1529)
“Deposit at least $25,000 in new money within 30 days of opening your new Platinum Business Checking Package. You must maintain at least $25,000 balance for 60 days after account opening and complete five qualifying transactions within 60 days.”
So on the day of 29th can i deposit $25k and keep it in the account for another 31 days?
Can anyone help me here. TIA
Yes, read the fine print. Also, please search the comments.
I believe the next bonus payout date will be August 15, and everyone who opened an account in May should receive their bonus on that day.
What phone number can I call to fund by credit card? The account is opened with $0 and shows up in the dashboard after I log in. I emailed US Bank the form for credit card funding 3 days ago, but no one has called me to get my credit card number.
So i opened the account a few months early by mistake, I was planning to open the non business checking. I called the bank and they said if i dont do anything, fund it or have any activity, it will auto close in 30 days. Question. Does that mean the churn clock is reset because it was opened?
Unfortunately yes. You could open another one as a different business entity though. Do you have another business?
i do not. good to know. Thanks!
I thought everyone had a small side-gig business selling stuff on eBay? (hint hint wink wink)
Just request an EIN from the IRS (for your eBay biz) and use that to open a new account with US Bank as a separate biz entity.
Is it complicated to get an EIN? Do you have to pay a fee to get it? Thanks.
This makes it sound simple and free.
If the terms say so (these do).
DP on CC funding:
8/5/2025: Funded $3000 with CIU (Chase) - Posted as purchase
Applied on the 8/4, approved today (8/7). Going for 400 dollar bonus only.
3k funding using Chase Freedom Unlimited coded as "US Bank Direct Bank", Merchant type: Financial Institutions, Merchandise and Services. Points are pending.
I opened 5/2/25 and met all requirements but no bonus today as of 8/6/25. I know technically they have until 30 days after the end of the month I met requirements which is July. But I just looked at 5 or 6 successful bonus receipt DPs and every single one got the bonus before the 3 month mark. Should I call the bank or wait? Has anyone gotten the bonus but it took until significantly after the 3 month mark?
Payouts are not based off your opening date. Since you opened at the beginning of a month, yours will seem like it takes longer.
Everyone gets paid the month following the month they met the requirements, and USB pays out in batches mid-month. You’ll get your bonus within the next couple of weeks.
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.
No need to call yet. It should pay out by 8/30:
opened = 5/2
60th day after account opening = 7/1
last day of calendar month = 7/31
30 days later = 8/30
@guest_2113604 Looking at some DPs, they seem to post around the 2nd Friday of each month.
My daily and weekly limits to deposit are only $5000. Which means I cannot transfer the required $25,000 within 30 days. Any ideas on how to proceed?!
Send from an account with sufficient limits or deposit by check.
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…
No luck. :(
I'll try calling.
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.