U.S. Bank $400 Checking Bonus

U.S. Bank is offering a $400 bonus when you open a checking account online with the promotion code ‘2021Q3C’. This matches the biggest bonus U.S. Bank has offered for their checking accounts!

Ninja Update 8/4/21: The $400 offer has been extended with a new promo code.

U.S. Bank $400 Checking Overview

U.S. Bank is promoting the highest checking account sign-up bonus they have ever offered!

You’ll get a bonus of up to $400 for opening a checking account and completing 2 recurring direct deposits within 60 days of account opening. Bonus amount will depend on the total amount of money from two or more direct deposits. These are the three bonus tiers:

  • $1,000 – $1,999.99 = earn $100
  • $2,000 – $4,999.99 = earn $200
  • $4,000 or more = earn $400

You also need to enroll in e-statements. See “What Are The Details?” section for complete info.

Where Do I Enroll?

Enroll by clicking the link below, which will transfer you directly to U.S. Bank’s landing page for the $400 offer:

Direct Link

U.S. Bank $400 checking account bonus offer

Who Qualifies For The Bonus?

You qualify for the offer if you live within U.S. Bank’s geographic footprint. They have over 3,000 branches and 5,000+ ATMs, so the chances are good if you live in the United States.

Along with the location requirement, you can’t be:

  • A current U.S. Bank personal checking account customer OR
  • Had a U.S. Bank personal checking account in the last 6 months OR
  • Received any bonus offers from U.S. Bank in the last 12 months


What Are The Details?

Availability: Nationwide
Expiration: March 31, 2021 September 30, 2021
Household Limit: 1 bonus per household
Direct Deposit Required: $1,000 to $4,000 (see what counts as a direct deposit)
Soft/Hard Pull: Soft
Early Account Termination Fee: None

You’ll receive the $400 bonus when you complete the following 3 requirements:

Enter Promo Code:

  • Use promo code 2021Q3C during the sign up process

Direct Deposit:

  • Earn a $400 bonus when you open a new checking account and complete 2 recurring deposits by March 31, 2021. Bonus you receive will depend on direct deposits of two or more that total:
    • $1,000 – $1,999.99 to earn $100
    • $2,000 – $4,999.99 to earn $200
    • $4,000 or more to earn $400


  • You must be enrolled in e-statements by April 14, 2021.

Avoiding Fees

Checking Accounts (3 Options)

There are three different checking accounts that you can open for this bonus: Easy checking account, Gold checking account, and Platinum Checking account.

The Easy account has a monthly fee of $6.95, Gold account has a monthly fee of $14.95, and the Platinum account has a monthly fee of $24.95. All account monthly fees can be waived if you do ONE of the following:

U.S. Bank Easy Checking Account:

  • Combined monthly direct deposits totaling $1,000 or more OR
  • Average account balance of $1,500 OR
  • Account holder(s) age 65 or greater

U.S. Bank Gold Checking Account:

  • Have a U.S. Bank credit card (like the Altitude, Cash+, or Flexperks) OR
  • Have it waived by joining the Because You’ve Earned It program (requires good credit score)

U.S. Bank Platinum Checking Account:

  • Have personal trust relationship with U.S. Bank Wealth Management OR
  • Deposits of $25,000 or more in combined personal deposits, credit balances with U.S. Bank and/or investments through U.S. Bancorp Investments

H/T to Amy in the comments below who shared that the monthly fees are waived for active duty and veterans.

Terms & Conditions

$400 Checking Bonus

  • A minimum deposit of $25 is required to open a U.S. Bank checking account.
  • To earn your $100, $200 or $400 bonus, open a new U.S. Bank consumer checking account (excluding Student Checking and Safe Debit Account) from February 9 through and including March 31, 2021.
  • Additionally, you must complete recurring direct deposits of two or more within 60 days of account opening that total:
    • $1,000-$1,999.99 to earn $100;
    • $2,000-$4,999.99 to earn $200;
    • $4,000 or more to earn $400
  • You must be enrolled in e-statements by April 14, 2021.
  • The checking account bonus will be deposited into your new checking account within 60 days of direct deposit verification, and verification of enrollment in e-statements.
  • The account must be open and have a positive balance.
  • Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes.
  • Offer may not be combined with any other checking account bonus offers.
  • Offer is not valid if you or any signer on the account have an existing U.S. Bank consumer checking account, had a U.S. Bank consumer checking account in the last six months, or received other U.S. Bank checking bonus offers within the past 12 months.

The Bottom Line

It’s the exact same offer as their $500 checking and savings bonus without the $100 savings account component.

Great deal. This $400 checking bonus matches the highest sign-up bonus that U.S. Bank has offered on any of their checking accounts. I’ve added this to my list of best bank account opening bonuses.

12 thoughts on “U.S. Bank $400 Checking Bonus”

  1. It is not available in all zip codes.
    Originally it asked to put a zip code in, it said that is not available in my area unless I’m a military or have an existing US Bank account, which I don’t. I have tried to apply again X2 It took my application with all the info and in the end my application was not approved!

    LOL. Don’t waist your time to fill in info, if its not offered in your area!

  2. Should I open the checking account first then get the US Bank credit card? I have excellent credit scores. Also, if I open a checking account online, how do I deposit $25 for the initial requirement?

    • It doesn’t matter whether you open a U.S. Bank checking account or credit card first since a bank account doesn’t check your credit score. The credit inquiry is for the credit card only so it’s really your preference. Both accounts will be viewable under one login.

      You can deposit the $25 electronically from another bank account that you own or you can fund it with a credit, debit or prepaid card.

  3. I went to US Bank via the direct link and now it says for $400 you have to have $5000 or more deposited and it said that the deposits have to come from an employer or the government. It can’t be a person-to-person transfer or anything like that. So I guess if $400 is worth the hassle of getting your employer to change your direct deposit account (which sometimes takes 2-3 pay cycles, then it could work. Or if you get paid weekly or freelance or something. For me it is not reasonable or worth my time to take up this offer).

    • Hi Marissa – almost all bank offers state that in their terms and conditions, but for practical purposes, person-to-person transfers work per this list.

      Some banks (not U.S. Bank) do have a hard requirement that a direct deposit comes from payroll. For me, it takes less than 2 minutes to change my bank information. Maybe it’s not for everyone, but earning $100-$1,000 for opening a bank account and spending a couple of minutes to revise my payroll instructions is worth it IMHO 🙂

  4. FYI if you are military or vet, service fees on all accounts are waved. I had to bring my DD214 in to a branch near me.

  5. Desktop web browser kept giving “Something went wrong” message, but I was able to avoid that by logging into my US Bank account in the mobile app since I have the Altitude Go card and click on “Open a new account” within the mobile app. Under Checking accounts you can select either the Easy Checking or Gold Checking package options and go through the application process successfully. Just remember to enter the promo code 2021Q1C since it isn’t automatically applied when going through this method of applying instead of the direct link above.
    Although I used the US Bank mobile app, this may work as well if you login to your US Bank account on a web browser.


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