U.S. Bank $800 Business Checking Bonus

U.S. Bank is offering a bonus up to $800 when you open a new business checking account with the promo code Q1AFL24 and meet the deposit requirements. Full details of this business checking account sign-up bonus below.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

U.S. Bank Business Checking $800 Offer

U.S. Bank is offering up to a $800 bonus when you open a new U.S. Bank Business Checking account and complete qualifying activities. You’re eligible for the bonus as long as you’re a new U.S. Bank business checking account customer.

  • Earn a $350 bonus when you complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
  • Earn an $800 bonus when you complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.

You can earn the bonus by opening the Silver Business Checking Package, Gold Business Checking Package, or Platinum Business Checking Package. I recommend the Silver Business Checking Package, which is best for small businesses with basic banking needs with $0 monthly maintenance fees.

How To Get Bonus:

  1. Open a new, eligible U.S. Bank business checking account using this link and enter promo code Q1AFL24
  2. Complete $5,000 in new money deposits for a $350 bonus or $25,000 in new money deposits for a $800 bonus within 30 days of account opening and maintain the balance for 60 days.
  3. Receive the bonus deposited into your U.S. Bank business checking account.

Offer Details

Availability: Nationwide
Expiration: 4/23/2024
Household Limit: None
Direct Deposit Required: No
Early Account Termination Fee: No

Eligibility

You’re eligible for the $750 bonus as long as you’re a new U.S. Bank business checking account customer, which means:

  • You or any signer do not have an existing U.S. Bank business checking account AND
  • You or any signer did not have a U.S. Bank business checking account in the last 24 months

Avoiding Fees

Here are the various fees for the Silver, Gold, and Platinum Business Account Package. I recommend opening the Silver Business Checking Account Package since it doesn’t have a monthly maintenance fee.

Silver Business Checking Account Fees:

  • $0 monthly maintenance fee
  • 125 free transactions per month
  • $0.50 fee for each additional transaction

There are no monthly maintenance fees to worry about.

Gold Business Checking Account Fees:

  • $20 monthly maintenance fee, waivable
  • 300 free transactions per month
  • $0.45 fee for each additional transaction

The $20 monthly maintenance fee can be waived if one of the following applies:

  1. U.S. Bank Payment Solutions Merchant Banking OR
  2. $10,000 average collected checking balance OR
  3. $20,000 combined average collected business deposit balances OR
  4. $50,000 combined average collected business deposits and outstanding credit balances OR
  5. $75,000 in combined business deposits and outstanding business credit

Platinum Business Checking Account Fees:

  • $30 monthly maintenance fee, waivable
  • 500 free transactions per month
  • $0.40 fee for each additional transaction

The $30 monthly maintenance fee can be waived if one of the following applies:

  1. $25,000 average collected balance OR
  2. $75,000 combined average collected business deposits and outstanding business credit balances

$800 Bonus Terms & Conditions

  • Promo code Q1AFL24 must be used when opening the business checking account.
  • Limit of one Business Checking bonus per business.
  • A $100 minimum deposit is required to open a U.S. Bank Silver, Gold or Platinum Business Checking account.
  • Earn your $800 Business Checking bonus by opening a new U.S. Bank Silver Business Checking, Gold Business Checking or Platinum Business Checking account.
  • Earn a $350 bonus for making a deposit of at least $5,000 in new money (Direct, Mobile, ACH or Wires) within 30 days of account opening and maintaining the balance until the 60th day of account opening
  • Earn an $800 bonus for making a deposit of at least $25,000 in new money (Direct, Mobile, ACH or Wires) within 30 days of account opening and maintaining the balance until the 60th day of account opening
  • The Business Checking 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.
  • Offer may not be combined with any other business checking account bonus offers.
  • 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 24 months.
  • Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes.

For complete terms, please see the disclosures at the bottom of this page.

The Bottom Line

Great offer for a business bank account and the account features are very competitive when compared to my list of the best business checking accounts.

The Silver Business Checking account is particularly interesting for small businesses because it doesn’t have a monthly maintenance fee and no transaction fees are charged if you have 125 or less transactions per month.

So if you have a business (driving for Uber, selling things online, or any side hustles count as a business), then this is an offer I recommend taking advantage of.

We’ve seen a number of really good business banking promotions lately like this $400 Chase Business Checking bonus, $400 Axos Business Checking bonus, and the $300 American Express Business Checking bonus.

This promotion will be added to the list of the best bank account bonuses.

Member FDIC

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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Chris
Chris
2 months ago

It says deposit within 30 days of account opening, and maintain until the 60th day of account opening. Does that mean I can have the deposit arrive on the 30th day and only maintain it for 30 days?

Chris
Chris
2 months ago
Reply to  John Pham

Thanks for the reply. Guess I’ll email them for clarification. I’ll post a follow up.

CriticalReader
CriticalReader
10 months ago

As of 4/19/2023 the balance to Maintain is $3K, but this $3k must be deposited on day one and maintained for 60days. Variable deposits totaling up to and over $3k for the first 30 days will not suffice eligibility for the bonus.

The following statement(s) on this webpage seem to be incorrect:

Deposit $3,000 within 30 days of account opening and maintain the balance for 60 days.

You must make new deposit(s) of at least $3,000 in new money deposits (Direct, Mobile, ACH or Wires) within 30 days of account opening and then maintain a balance of at least $3,000 through 60 days after account opening.

CJW
CJW
1 year ago

US bank also lists that you must make 5 transactions within 60 days for this bonus.

ThatGirl
ThatGirl
1 year ago

I opened a business acct on 4/6 with the promo code. Could’ve sworn it said deposit $3000 as you reported. The requirements now say deposit $5000, not $3000. I’m confused, which is it? Did the requirements change? And if so, when did it change?

ThatGirl
ThatGirl
1 year ago
Reply to  John Pham

FYI I confirmed with US Bank. It is not $3000, but $5000. According to them, that promo code which expires Apr. 29 has always been $5000. If it had changed from $3000 to $5000, there would’ve been a new code provided so not to cause confusion.

ThatGuy
ThatGuy
1 year ago
Reply to  John Pham

It’s $3,000 again by the way, for the June 3rd to July 29th sign up period.