U.S. Bank Business Checking $500 Bonus

U.S. Bank logo

U.S. Bank : Business Checking

$500

Offer Expired On

May 31, 2022

How To Earn The Bonus

  1. Open a new U.S. Bank Silver, Gold or Platinum Business Checking Account with the promo code "CKEUM8Z".
  2. Within 30 days, deposit $5,000 in new money and maintain that balance for 60 days.
  3. Within 90 days, Enroll in the U.S. Bank Mobile App or U.S. Bank Online Banking.
  4. Also within 90 days, complete 5 qualifying transactions.
  5. Bonus will be deposited into your new U.S. Bank business checking account within 45 days of deposit verification, as long as the account is open and has a positive balance.

Available in Your Area?

Yes

Monthly Fees?

Varies

Open Online?

Yes

Credit Pull?

Unknown

U.S. Bank logo

Available nationwide if you already have a relationship with U.S. Bank or in any of the 26 states in which they operate in if you don't, U.S. Bank is offering a $500 welcome bonus when you open a new business checking account and deposit new money. The minimum deposit requirement has nearly doubled since the last time it was offered. You can open the account online; however, you must use the promo code when applying to receive the bonus.

How To Earn The Bonus

The U.S. Bank Business Checking promotion requires you to deposit and maintain a minimum balance, and optionally, make purchases using the account's card in order to earn the $500 bonus.

Full requirements to receive this bonus are:

  1. Open a new U.S. Bank Silver, Gold or Platinum Business Checking Account with the promo code "CKEUM8Z".
  2. Within 30 days, deposit $5,000 in new money and maintain that balance for 60 days.
  3. Within 90 days, Enroll in the U.S. Bank Mobile App or U.S. Bank Online Banking.
  4. Also within 90 days, complete 5 qualifying transactions.
  5. Bonus will be deposited into your new U.S. Bank business checking account within 45 days of deposit verification, as long as the account is open and has a positive balance.

The fine print

  • Limit of one Business Checking bonus per business.
  • Offer is not valid if you or any signer on the new business checking account have an existing U.S. Bank business checking account or had a U.S. Bank business checking account in the last 12 months.
  • Promo code CKEUM8Z MUST be used when opening the business checking account.

How does this checking offer from U.S. Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Chase

Chase Business Complete Banking℠

Bonus
$300
Account Type
Business Checking
Expires In
20 days
Requires
  • Min Balance
  • Card Spend (optional)

Axos

Business Interest Checking

Bonus
up to $200
Account Type
Business Checking
Expires In
91 days
Requires
  • Min Balance

Amex

Business Checking

Bonus
$300
Account Type
Business Checking
Expires In
Limited Time
Requires
  • Min Balance

Why U.S. Bank?

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 over 3,000 physical branches across the Midwest and Western U.S.

Silver Checking Package

The Silver Checking Package from U.S. Bank is an entry-level no-monthly-fee option to starting a business banking relationship with U.S. Bank. It's designed for new or small businesses with basic banking account needs.

With it, you'll get 125 transactions each month ($0.50 per transaction beyond that) and 25 cash deposit units.

This is in addition to the features that come standard with all of their business checking accounts, including online and mobile banking, card payment processing, check fraud prevention tools, and an "EZ Switch Kit" to help with switching your existing accounts.

Fees

Silver Checking Package does not charge a monthly fee.

Gold Business Checking

The Gold Business Checking Account Package is U.S. Bank's middle-tier option for small business owners.

With it, you'll get 300 transactions each month ($0.45 per transaction beyond that) and 100 cash deposit units.

This is in addition to the features that come standard with all of their business checking accounts, including online and mobile banking, card payment processing, check fraud prevention tools, and an "EZ Switch Kit" to help with switching your existing accounts.

Fees

Gold Business Checking does charge a monthly fee of $20, but there are ways to get this waived:

  • Have an average collected checking balance of $10,000.
  • OR, have an average collected checking balance on interest-bearing option of $25,000.

Platinum Checking Package

The Platinum Checking Package from U.S. Bank is a higher tier solution designed for mature businesses with higher balances.

With it, you'll get 500 transactions each month ($0.40 per transaction beyond that) and 200 cash deposit units.

This is in addition to the features that come standard with all of their business checking accounts, including online and mobile banking, card payment processing, check fraud prevention tools, and an "EZ Switch Kit" to help with switching your existing accounts.

Fees

Platinum Checking Package does charge a monthly fee of $30, but there are ways to get this waived:

  • Maintain an average collected checking balance of $25,000.
  • OR, have combined average collected business deposits and outstanding business credit balances of $75,000