U.S. Bank Smartly® Checking up to $1000 Bonus

U.S. Bank is offering up to a $1,000 bonus for opening a new Smartly® Checking and Standard Savings account. This is the highest bonus we've seen from U.S. Bank. This is a multipart bonus, meaning the more activities you complete, the more you can earn.

The direct deposit threshold for the checking bonus is rather steep, starting at $5,000 to earn the checking bonus, but if you have the income, this is an easy bonus. You'll have 90 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.

The second part of the bonus is for opening a Standard Savings account and maintaining a minimum balance. Again, be ready for somewhat steep requirements with $25,000 being the minimum balance to earn this portion. While going for the savings portion of the bonus is optional, you'll be rewarded with an additional $100 if you complete both.

How To Earn The Bonus

The U.S. Bank Smartly® Checking promotion requires you to set up direct deposits, and optionally, deposit and maintain a minimum balance in order to earn the up to $1000 bonus.

Full requirements to receive this bonus are:

1. Earn up to $1,000 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through October 31, 2023. Member FDIC.
2. U.S. Bank Smartly® Checking bonus (up to $500): Within 90 days, enroll in online banking or the U.S. Bank Mobile App AND Make two or more direct deposit(s) totaling $5,000 to $9,999.99 to earn $300 or $10,000+ to earn $500 – Bonus will be credited to your new checking account within 60 days of verification of qualified activities as long as your account is open and has a positive balance.
3. U.S. Bank Standard Savings bonus (up to $400): Open a Standard Savings account and make new money deposit(s) totaling $25,000 to $49,999.99 to earn $200 or $50,000+ to earn $400 by November 30, 2023 AND Maintain that balance until May 31, 2024 – Bonus will be credited into your new savings account within 30 days of final savings account balance verification as long as your account is open and has a positive balance.
4. Earn an additional $100 for opening both!
5. Applicant must reside in 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 to be eligible for Checking account.

Open a U.S. Bank Smartly® Checking account before the bonus expires on October 31, 2023

The fine print

• A minimum deposit of $25 is required to open a U.S. Bank checking account.
• Offer is not valid if you or any signer on the account have an existing U.S. Bank consumer checking account or had one in the last 24 months.
• Those who have received other U.S. Bank checking bonus offers within the past 24 months are also not eligible for this bonus.
• Account must be open and in good standing to earn the reward.
• Offer subject to certain terms and limitations.
• Available in select U.S. markets: 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
• To receive the additional $100 bonus: You must open both the required checking and required savings accounts and complete all the bonus requirements listed for both the checking and savings accounts.

How does this personal 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:

Citi®

Citi Priority Relationship Tier

Bonus

up to $2000 w/activities

Account Type

Personal Checking

Expires In

102 days

Requires

• Min Balance

Full Details

PNC

Virtual Wallet®

Bonus

up to $400

Account Type

Personal Checking

Expires In

32 days

Requires

• Direct Deposit

Full Details

Discover

Cashback Debit

Bonus

up to $360

Account Type

Personal Checking

Expires In

Limited Time

Requires

• Card Spend

Full Details

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 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.

Learn more in our U.S. Bank review

U.S. Bank Smartly® Checking

Get a checking account that empowers you to Bank Smartly®.

Put U.S. Bank’s new checking product to work for you with:

• No fee overdraft protection transfers from a linked deposit account, $50 overdrawn Available Balance safety threshold and Overdraft Fee Forgiven program
• Access to U.S. Bank Smart Rewards™ for additional benefits
• No ATM transaction fees or surcharge fees at U.S. Bank and MoneyPass® Network ATMs
• Manage cash easily with automated budgeting and ways to save in a their mobile app

Fees

U.S. Bank Smartly® Checking does charge a monthly fee of $6.95, but there are ways to get this waived:

• Have a combined monthly direct deposit totaling $1,000+.
• OR, Maintain an average account balance of $1,500 or greater.
• OR, Have an eligible U.S. Bank credit card.
• OR, qualify for one of the four Smart Rewards™ tiers.
• OR, Be an active member of the U.S. Military.
• OR, Be age 24 or younger.
• OR, Be age 65 or older.

Standard Savings

Fees

Standard Savings does charge a monthly fee of $4, but there are ways to get this waived:

• Maintain a daily balance of $300.
• OR, have a $1,000 average monthly collected balance.
• OR, be under age 18.

Apply now for a U.S. Bank Smartly® Checking account to earn the up to $1000 bonus offer

U.S. Bank Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Get a better idea of how well U.S. Bank can serve you by checking out their branches closest to your area: