U.S. Bank Promotions and Bonuses

U.S. Bank is the consumer banking division of U.S. Bancorp, which is the fifth-largest banking institution in the United States.

The bank traces its history back to 1863 when it was first opened as the First National Bank of Cincinnati. Following a series of mergers and acquisitions in the early 2000s, U.S. Bank officially established its headquarters in Minneapolis, Minnesota, and now operates more than 2,200 physical branches across the Midwest and Western U.S.

U.S. Bank offers a wide range of both personal and small business accounts, and they often offer new customers generous promotions in exchange for opening a new U.S. Bank account.

Current Best U.S. Bank Promotions

Here are the active U.S. Bank bonuses that you can benefit from today:

1. U.S. Bank Smartly™ Checking - up to $600 bonus

U.S. Bank is offering up to a $600 bonus for opening a new Smartly™ checking account and a Standard Savings account. This new account simplifies their personal checking lineup by replacing U.S. Bank's previous Platinum, Gold, and Easy Checking accounts.

Like previous offers, this offer is tiered. The greater your direct deposit, the more you can earn. The thresholds are a little steep, at $3000 and $6000, but if you have the income, this is an easy bonus. You'll have 60 days to reach this target, but keep in mind that unlike some banks that let you hit the bonus in a single transaction, U.S. Bank requires at least two direct deposits to qualify for this promotion.

What's more? There's also an additional $200 bonus when you add on a Standard Savings account and complete qualifying activities.

These requirements are slightly higher than previous offers from U.S. Bank for this amount. All-in-all, we consider this bonus from U.S. Bank to be quite solid. If you qualify, it's one of the highest offers available right now.

U.S. Bank : U.S. Bank Smartly™ Checking

Bonus Amount
up to $600
Account Type
Personal Checking
Availability
AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY
Offer Expires
February 7, 2023
Bonus Requirements
  1. Open a new U.S. Bank Smartly™ checking account from U.S. Bank, member FDIC.
  2. Within 60 days, be enrolled in online banking or the U.S. Bank mobile app.
  3. Within the same 60 days, complete recurring direct deposits of 2 or more that total $3,000 - $5,999 to earn $200; or total $6,000+ to earn $400.
  4. Bonus will be deposited into your new account within 60 days of meeting requirements.
  5. Earn an additional $200 when you open a new Standard Savings account, complete deposit(s) of $25,000 or more by February 28, 2023 and maintain a total account balance of $25,000 until May 31, 2023.

2. Standard Savings - $200 bonus

U.S. Bank is offering a $200 bonus for opening a new Standard Savings account. The account charges a $4 monthly fee, but that's easily waived by maintaining just $300 in the account – meaning that, for most, the account will be free.

This is the first savings account bonus offer we've seen from U.S. Bank in quite a while. Unfortunately, the terms aren't super favorable.

You'll need to deposit $25,000 to earn the $200 bonus, and then maintain that balance through May of this year. If you deposit the cash at the last possible moment (it needs to be in your account by February 28), the $200 bonus represents an effective 3.25% rate on your savings. Not bad, but not the absolute highest out there, either.

That said, U.S. Bank is a solid choice – particularly for those on the west coast – and if you value the convenience of having your savings and checking accounts at the same institution, then going after this easy savings bonus combined with the additional $400 bonus when you open U.S. Bank Smartly™ Checking account can certainly make a lot of cents (pun intended).

U.S. Bank : Standard Savings

Bonus Amount
$200
Account Type
Personal Savings
Availability
AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY
Offer Expires
February 7, 2023
Bonus Requirements
  1. Open a new U.S. Bank Standard Savings account from U.S. Bank, member FDIC.
  2. By February 28, 2023 complete deposit(s) of $25,000 or more.
  3. Until May 31, 2023 maintain a total account balance of $25,000.
  4. The $200 bonus will be credited to your new savings account within 30 days of final savings account balance verification.

3. Business Checking - $400 bonus

U.S. Bank is offering a $400 welcome bonus when you open and fund a new business checking account. The funding requirement has doubled since the last time this promo was offered, but the number of qualifying activities required has been halved.

This used to be a two-part bonus, broken into $400 and $100 chunks; however, they've removed the ability to earn the extra $100 this time around. To earn the $400, just deposit $3,000 in your new checking account and then complete some qualifying transactions such as using your debit card, receiving ACH credits, using mobile check deposit, paying bills, and more.

Keep in mind that this promotion is available nationwide to customers who already have a relationship with U.S. Bank. For anyone else, you'll need to live in one of the 26 states in which they operate: AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY

U.S. Bank : Business Checking

Bonus Amount
$400
Account Type
Business Checking
Availability
AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY
Offer Expires
February 22, 2023
Bonus Requirements
  1. Open a new Silver, Gold or Platinum Business Checking Account from U.S. Bank (member FDIC) with the promo code AF49ZCB.
  2. Within 30 days, deposit $3,000 in new money and maintain that balance for 60 days.
  3. Within 60 days, complete 5 qualifying transactions (debit card purchases, merchant deposits, ACH credits, debit or credit wires, mobile check deposit or bill pay).
  4. Within the same 60 days, enroll in online banking or download and log in to their mobile app.
  5. Bonus will be deposited into your new U.S. Bank business checking account within 45 days of meeting all requirements.

4. U.S. Bank Cash+® Visa Signature® Card - $200 bonus

If you’re a rewards card strategist, the U.S. Bank Cash+ Visa Signature might be worth adding to the collection to maximize your rewards, offering solid rewards across its bonus categories. However, it isn’t our top pick as a standalone cashback card, with more rewarding—and less complicated—options out there.

U.S. Bank : U.S. Bank Cash+® Visa Signature® Card

Bonus Amount
$200
Account Type
Personal Card
Availability
Nationwide
Bonus Requirements
  1. Apply for a new U.S. Bank Cash+® Visa Signature® Card using the link below.
  2. Within 120 days, spend $1,000 using your new card.
  3. Bonus will be credited to your rewards account within 6 to 8 weeks of meeting the requirement.

5. U.S. Bank Altitude® Connect Visa Signature® Card - 50,000 bonus points

Whether you’re new to travel rewards or you simply want to add a streamlined rewards card to the mix, the U.S. Bank Altitude Connect Visa Signature is a solid pick. It comes with a low annual fee and competitive bonus rewards on gas, travel, dining, and groceries perfect for newbies.

U.S. Bank : U.S. Bank Altitude® Connect Visa Signature® Card

Bonus Amount
50,000 Points
Account Type
Personal Card
Availability
Nationwide
Bonus Requirements
  1. Apply for a U.S. Bank Altitude® Connect Visa Signature® Card using the link below.
  2. Within 120 days, spend $2,000 on eligible purchases.
  3. Bonus will post to your account within 6-8 weeks of completing the requirements.

6. U.S. Bank Altitude® Go Visa Signature® Card - 20,000 bonus points

The U.S. Bank Altitude Go Visa Signature might be worth adding to your wallet if you love eating out and want a card that doesn’t require an annual fee. The foodie’s delight offers robust rewards on dining, takeout, and groceries, with a handful of other bonus categories at a lower rate.

U.S. Bank : U.S. Bank Altitude® Go Visa Signature® Card

Bonus Amount
20,000 Points
Account Type
Personal Card
Availability
Nationwide
Bonus Requirements
  1. Apply for a new U.S. Bank Altitude® Go Visa Signature® Card using the link below.
  2. Within 90 days, spend $1,000 using your new card.
  3. Bonus will be credited to your rewards account within 6 to 8 weeks of meeting the requirement.

Summary: U.S. Bank's Current Bonuses

Here’s a recap of the current U.S. Bank promotions and offers that you can claim right now:

Account Account Type Amount Expires Requirements
U.S. Bank Smartly™ Checking Personal Checking up to $600 Feb 7 Direct Deposit, Min Balance (optional) Details
Standard Savings Personal Savings $200 Feb 7 Min Balance Details
Business Checking Business Checking $400 Feb 22 Min Balance, Bill Pay (optional), Card Spend (optional) Details
U.S. Bank Cash+® Visa Signature® Card Personal Card $200 Limited Time Card Spend Details
U.S. Bank Altitude® Connect Visa Signature® Card Personal Card 50,000 Points Limited Time Card Spend Details
U.S. Bank Altitude® Go Visa Signature® Card Personal Card 20,000 Points Limited Time Card Spend Details

Expired Offers From U.S. Bank

These bonuses were recently offered by U.S. Bank, but are not available at this time. Check back often as U.S. Bank may revive these deals or offer similar promotions in the future.

U.S. Bancorp Investments - up to $1000 bonus (Expired)

Available nationwide, U.S. Bancorp Investments is offering up to a $1,000 welcome bonus when you open a new investment account and add balances. You'll need at least $250,000 to be eligible for the first tier, which is pretty steep to earn a $250 bonus; however, if you have the cash and looking to invest with U.S. Bank it's an easy bonus.

U.S. Bank : U.S. Bancorp Investments

Bonus Amount
up to $1000
Account Type
Investment
Offer Expired
December 31, 2022
Bonus Requirements
  1. Speak with a financial advisor and open a new investment account with U.S. Bancorp Investments.
  2. Deposit $250,000 - $499,999 to earn $250; $500,000 - $999,999 to earn $500; 1,000,000+ to earn $1,000.
  3. Maintain balances through May 31, 2023.

Personal Checking - $400 bonus (Expired)

U.S. Bank is back with their bonus of $400 for opening a new checking account and making recurring direct deposits (at least 2) totaling $4,000 or more.

With each iteration of this offer, U.S. Bank seems to raise the bar slightly.

In Q4 2021, the reward was tiered depending on how much your direct deposits total was: $2,500 to earn $200, or $5,000+ to earn the full $400. In Q3, there was an additional $100 tier for having direct deposits that totaled $1,000.

Still, this is a mostly national bonus that is relatively easy to hit, so we definitely recommend taking advantage if you qualify.

U.S. Bank : Personal Checking

Bonus Amount
$400
Account Type
Personal Checking
Offer Expired
September 2, 2022
Bonus Requirements
  1. Open a new U.S. Bank personal checking account using the promo code 2022JUL.
  2. Within 60 days, be enrolled in online banking or the U.S. Bank mobile app.
  3. Within the same 60 days, complete recurring direct deposits that total $4,000 or more.
  4. Bonus will be deposited into your new account within 60 days of meeting requirements.

Gold Business Checking - $750 bonus (Expired)

U.S. Bank is offering a $750 cash bonus to small business owners who don't yet have a checking or payment solutions account with them.

You'll need to open both a new Gold Business Checking account and a new Payment Solutions account to be eligible for the promotion, but the requirements beyond that are super straightforward: just accept a single payment, and U.S. Bank will deposit the bonus into your checking account within 45 days.

If you're curious to learn more about how to process payments, U.S. Bank has this onboarding resource. The easiest way is to use your phone and rent a card reader for $5.

This bonus is available nearly nationwide (excludes NY and FL unless you have an existing relationship with U.S. Bank), and you can open the account online.

U.S. Bank : Gold Business Checking

Bonus Amount
$750
Account Type
Business Checking
Offer Expired
October 29, 2021
Bonus Requirements
  1. Open a new Gold Business Checking Package and a new Payment Solutions Merchant Account using the link below.
  2. Within 30 days, accept and settle a Payment Solutions transaction into your new checking account.
  3. The bonus will be credited to your checking account within 45 days.

Platinum Checking Package - $400 bonus (Expired)

Available nationwide with the ability to open online, U.S. Bank is offering a $400 welcome bonus when you open a new Platinum Checking account and set up direct deposit and use your debit card.

U.S. Bank : Platinum Checking Package

Bonus Amount
$400
Account Type
Personal Checking
Offer Expired
July 13, 2021
Bonus Requirements
  1. Open a Platinum Checking account.
  2. Within 60 days, complete two or more recurring direct deposits totaling $5,000.
  3. Within the same 60 days make 10 or more debit card transactions totaling $50 or more.
  4. Bonus will be credited to your account within 60 days of meeting requirements.

How Can You Earn A U.S. Bank Bonus?

Banks are always looking to attract as many new customers as possible.

One of the most popular ways that U.S. Bank and other institutions lure in new customers is by offering account opening bonuses, which are financial incentives you can get for opening a new account and meeting certain terms and conditions.

These new account offers are a win-win for both the bank and you, the customer.

The exact requirements for each sign-up bonus varies depending which new account you're opening.

For example, to score a U.S. Bank checking account bonus, you'll need to set up direct deposit if you're opening a personal account. Business checking customers on the other hand, are required to deposit some cash into their new account and then complete 10 qualifying transactions like debit card purchases, ACH credits, or bill pay in order to earn their welcome bonus from U.S. Bank.

U.S. Bank also offers deals to new credit card holders, but to earn this type of bonus you'll typically need to spend a certain amount within the first few months of having your new card.

Like all bank promotions, sign-up bonuses from U.S. Bank are constantly changing. Deals expire, requirements are tweaked, and payout amounts change. We keep track of all of this for you, so check back here often to stay up-to-date on the best U.S. Bank promotions available right now!

Are U.S. Bank Bonuses a Good Deal?

The short answer is yes, U.S. Bank bonuses are a good deal. They offer some of the highest bonuses out there, and the requirements are usually very reasonable.

Keep in mind that most of their personal checking account offers require direct deposit. In the past these were tiered offers, where the reward amount increased if you were able to meet higher direct deposit amounts. That made the bonuses accessible to more people. However, the most recent iteration did away with the tiers and flattened the offer to a single $4,000 requirement.

If you're looking for a bonus from a large national bank that doesn't require direct deposit at all, you may want to look at promotions from Citibank or Bank of America, which typically have a balance requirement instead.

Alternatively, you might consider online banks such as Discover or Upgrade, which reward customers for using their debit card.

Ultimately, however, a bonus should be treated as an additional perk – not a deciding factor – when choosing a new account. If U.S. Bank offers convenience or customer service that you find valuable, don't let a one-time bonus sway you.

U.S. Bank Promotions FAQs

How do I get a U.S. Bank promo code?

You can find most of U.S. Banks's active promo codes right on this page. From time to time U.S. Bank offers targeted offers that may vary slightly from what you see here.

Are sign-up bonuses from U.S. Bank taxed?

Yes, all bonuses coming from U.S. Bank promotions will be reported to the IRS and taxed as income. Keep this in mind when you're figuring out your total return on any given offer.

The exception here is credit card bonuses. Since most credit cards require a minimum spending amount to qualify for a bonus, the reward doesn't count as taxable income.

Do U.S. Bank offers expire?

Yes. As with most bank bonuses, U.S. Bank bonuses usually have expiration dates.

Also keep in mind that while many other national chains simply renew the same offers as the old deals expire, U.S. Bank has a history of raising the requirements with each iteration of the offer.

That said, bonuses are fluid. Don't feel like you have to jump on one just because it's about to expire. There will be others later on.

How long does it take to get paid a bonus from U.S. Bank?

With U.S. Bank, most business checking account bonuses will arrive within 45 days of completing the qualifying activities, personal checking bonuses within 60 days, and credit card offers within 6-8 weeks.

If you haven't received your bonus in the expected amount of time, double-check to make sure you didn't miss anything in the requirements, and contact the customer support team to find out what the hold up is.

Can I use multiple U.S. Bank promotions?

Probably not. Most promo codes are only available to new U.S. Bank customers, and you usually only get one shot at a particular bonus.

For example, if you've closed a U.S. Bank personal checking account in the last two years, you won't be eligible for any of their current personal checking welcome offers.

The only exceptions are referrals. You can earn a bonus for referring a friend to open a new account with U.S. Bank, and there is no limit to the number of referrals you can make.

As always, pay close attention to the fine print!

Which U.S. Bank Promotion Is Best For You?

U.S. Bank is currently offering a number of great checking account promotions and credit card bonuses.

And while you should never choose a bank solely based on a sign-up bonus, there's plenty to like with U.S. Bank once you get in the door, particularly if you live in the West and Midwest.

There, customers will have access to more than 3,000 physical branches and a suite of both personal and business products. Check out our full U.S. Bank review to learn more.

Good luck!

Find Out More About U.S. Bank

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Contact:

U.S. Bank Mailing Address: 800 Nicollet Mall
Minneapolis, MN 55402
U.S. Bank Website