Published on January 22nd, 2019 | by William Charles41
[YMMV] U.S. Bank $200 In-Branch Checking Bonus – Direct Deposit Not Required
Update: Deal is back and valid until January 22nd, 2019! Last day today.
Update 1/21/19: Deal is back, unsure exactly when the new end date is. I assume it’s sometime in January but if somebody can confirm that would be fantastic. Hat tip to reader Silver Bay.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Select In branch locations only [Branch locations | Map]. They have branches in AR, AZ, CA, CO, GA, IA, ID, IL, IN, KS, KY, MN, MO, MT, ND, NE, NM, NV, OH, OR, SD, TN, UT, WA, WI, WY
- Direct deposit required: Not required
- Additional requirements: $100 in debit card transactions per month
- Hard/soft pull: Soft
- ChexSystems: Mixed data points
- Credit card funding: None
- Monthly fees: $10.95-$12.95, waivable
- Early account termination fee: None
- Household limit: None mentioned
- Expiration date:
November 26th, 2018January 22nd, 2019
No direct link. Offer is available at some select U.S. Bank locations. These are normally branches found in supermarkets
- Receive a bonus of $200 when you open a new U.S. Bank consumer checking account when you complete the following requirements:
- Receive $50 each month you spend $100 or more on your new Visa debit card (January, February, March, April)
The Fine Print
- Offer is not valid if you have an existing U.S. Bank consumer checking account, had a U.S. bank checking account account in the last six months or received other U.S. Bank bonus offers within the past twelve months
- Offer is not available to accounts opened through usbank.com or 24 hour banking
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
U.S bank has three checking products which qualify for this promotion:
- Silver Checking Account
- Gold Checking Account
- Platinum Checking account
Probably the easiest way to keep this fee free is to open the Gold Checking account: if you have a U.S Bank credit card then the monthly fees on this account are waived. Many of us have a U.S. Bank personal credit card like Altitude, Flexperks, or Cash+ which would work to keep the account fee-free. Having a personal loan gets the fee waived as well. You now need to specifically ask for the gold checking account.
If you don’t have a U.S Bank credit card and aren’t planning on getting one, your best bet is to open the Silver checking account which has of $8.95 ($6.95 if you enroll in paperless statements). Fee is waived if you do these three things: 1) Go paperless, 2) Open a Package Money Market Savings account (no fee), 3) Do one of these two things: have combined direct deposits totaling $1,000 or more, OR maintain an average monthly balance of $1,500. Another option is to get the Gold account and get the fee waived if you have a good credit score and join the Because You’ve Earned It program.
Early Account Termination Fee
These accounts have no early account termination fee
We saw a similar recent bonus, that one was slightly better as it only required $50 in debit card spending rather than $100. Deal is still worth doing though. Just keep in mind you’ll only find it at U.S. Bank branches that are part of a grocery store, not exactly sure why they do it this way but they do. I will be adding this to the best checking bonuses.
Big thanks to reader, Brian & who let us know. Learn how to find bonuses and contribute to the site here.
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