Here are all the available U.S. Bank promotions and what you need to know about them; how to qualify, best bonuses currently available, when the offers expire, and more!
Established in 1863 and headquartered in Minnesota, U.S. Bank is the fifth largest banking institution in the United States with over 3,100 branches and more than 4,800 ATMs.
U.S. Bank is eager for new customers and is offering generous promotions for opening new bank accounts and credit cards.
For more current bank offers, see our bank bonuses page. The most popular offers are from Chase Bank, SoFi, 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.
Current U.S. Bank Promotions
Here are the best U.S. Bank bonuses currently available, including offers for opening a new U.S. bank account, business checking account, and select credit cards.
1. U.S. Bank Checking & Savings – Up to $400 Bonus Offer
U.S. Bank is offering up to a $400 bonus when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities.
This newly launched checking account takes less than five minutes to apply and requires an opening deposit of just $25.
Bonus Amount: up to $400
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 (or nationwide for those who already have a relationship with U.S. Bank)
Expiration: June 20, 2023
Bonus Requirements:
- Open both the U.S. Bank Smartly® Checking and U.S. Standard Savings accounts using this link.
- Enroll in online banking or the U.S. Bank mobile app.
- Checking Account: Complete two or more direct deposits of $5,000 or more within 90 days of account opening and complete 10 or more debit card purchases totaling at least $100 to earn a $300 bonus.
- Savings Account: Earn an additional $100 bonus when you make deposit(s) of $15,000 or more by 7/13/23 and maintain the total account balance of $15,000 until October 13, 2023.
2. U.S. Bank Business Checking Account – Up to $750 Bonus
U.S. Bank is offering up to a $750 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 $500 bonus for making a deposit of at least $5,000 in new money within 30 days of account opening and maintaining the balance until the 60th day of account opening
- Earn a $750 bonus for making a deposit of at least $15,000 in new money within 30 days of account opening and maintaining the balance until the 60th day of 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.
Bonus Amount: Up to $750
Account Type: Business Checking
Availability: Nationwide
Expiration: June 30, 2023
Bonus Requirements:
- Open a new, eligible U.S. Bank business checking account using this link and enter promo code Q2AFL23
- Enroll in business online banking or the U.S. Bank mobile app within 60 days of account opening.
- Complete $5,000 in new money deposits for a $500 bonus or $15,000 in new money deposits for a $750 bonus within 30 days of account opening and maintain the balance for 60 days.
- Receive the bonus deposited into your U.S. Bank business checking account.
3. U.S. Bank Business Money Market Account – 4.25% APY Bonus
Receive an introductory bonus interest rate of 4.25% APY for six months from the account opening date when you open a new Platinum Business Money Market Account and complete qualified deposits.
The account requires a $100 minimum balance to open and the $15 monthly maintenance fee is waived with a $10,000 minimum daily ledger balance.
Bonus Amount: 4.25% APY
Account Type: Business Money Market
Availability: Nationwide
Expiration: July 31, 2023
Bonus Requirements:
- Open a new U.S. Bank Platinum Business Money Market Account account with this link.
- Deposit at least $25,000 (and up to $2,999,999.99) in new money deposits.
- Enjoy a bonus interest rate of 4.25% APY for six months.
4. U.S. Bank Payment Solutions – $500 Bonus
Receive a $500 bonus when you open a new U.S. Bank Payment Solutions account and accept at least $50 in payment transactions in a single day.
A U.S. Bank Payment Solutions account will allow you to accept payments for your business so you can access your cash faster. Your customers will have multiple options to pay you securely: onsite, online, mobile, and invoicing.
Bonus Amount: $500
Account Type: Business Payment Solutions
Availability: Nationwide
Expiration: June 30, 2023
Bonus Requirements:
- Open a new U.S. Bank Payment Solutions account by June 30, 2023 using this link.
- Activate your account by accepting/settling at least $50 in payment transactions in a single day by August 31, 2023.
- The one-time $500 bonus will appear as a statement credit by the September 2023 billing cycle.
Merchant accounts (MIDs) must be actively processing payment transactions and be in open status at the time of the incentive credit. U.S. Bank and/or Elavon, a U.S. Bank Company, reserves the right in its sole discretion to modify, suspend or terminate the promotion at any time. Restrictions may apply.
5. U.S. Bancorp Investment Account – Up to $1,000 Bonus
Get up to a $1,000 bonus when you open a new investment account with U.S. Bancorp Investments and add qualifying balances. You will earn a cash bonus based on the balances you add and maintain below:
| Net New Assets Added | Bonus |
| $250,000 – $499,999 | $250 |
| $500,000 – $999,999 | $500 |
| $1,000,000+ | $1,000 |
The more net new assets you add, the more you earn in bonuses. To qualify for this offer, open a new investment account, add new balance between September 12 and December 31, 2022, and maintain balances through May 31, 2023.
Bonus Amount: up to $1,000
Account Type: Brokerage
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 (or nationwide for those who already have a relationship with U.S. Bank)
Expiration: May 31, 2023
Bonus Requirements:
- Open a new U.S. Bancorp Investment account.
- Add net new assets to your balance between September 12 and December 31, 2022.
- Maintain balance through May 31, 2023.
- Receive up to a $1,000 bonus based on your qualifying balance.
6. U.S. Bank Altitude® Go Visa Signature® Card – 20,000 Bonus Points
Open a U.S. Bank Altitude Go Visa Signature credit card and earn 20,000 bonus points when you spend $1,000 in the first 90 days of account opening. The 20,000 points are worth $200 and can be redeemed towards cash back, travel, gift cards, merchandise, and more. Points never expire.
My Radisson Rewards Visa card was discontinued and I was switched to this card. In my opinion, this is a better card with fantastic category bonuses. You’ll earn at the following rates:
- 4x points on dining, takeout, and restaurant delivery
- 2x points at grocery stores, grocery delivery, streaming services, gas stations, and EV charging stations
- 1x point on all other eligible purchases
Plus, enjoy up to a $100 statement credit to reimburse your TSA PreCheck or Global Entry application fee and a $30 credit for annual streaming service purchases like Netflix, Apple TV+, and Hulu.
Bonus Amount: 20,000 points ($200 value)
Account Type: Credit Card
Availability: Nationwide
Expiration: N/A
Bonus Requirements:
- Apply for a new U.S. Bank Altitude® Go Visa Signature® Card with the link below.
- Spend $1,000 in the first 90 days of account opening.
- Receive 20,000 points after meeting bonus requirement.
7. U.S. Bank Altitude® Connect Visa Signature® Card – 50,000 Bonus Points
Earn 50,000 bonus points when you open a U.S. Bank Altitude Connect Visa Signature credit card and spend $2,000 in the first 120 days. The 50,000 points are valued at $500 when redeemed towards cash back, travel, gift cards, and more.
Get more points on card purchases at the following rates:
- 5x points on prepaid hotels and car rentals booked directly with the Altitude Rewards Center
- 4x points on travel, gas stations, and EV charging stations
- 2x points at grocery stores, grocery delivery, dining, and streaming services
- 1x point on all other eligible purchases
Bonus Amount: 50,000 points ($500)
Account Type: Credit Card
Availability: Nationwide
Expiration: N/A
Bonus Requirements:
- Apply for a new U.S. Bank Altitude® Connect Visa Signature® Card with the link below.
- Spend $2,000 in the first 120 days.
- Get 50,000 points after meeting spend requirement.
8. U.S. Bank Cash+® Visa Signature® Card – $200 Bonus
Get a $200 bonus when you open a U.S. Bank Cash+ Visa Signature credit card and spend $1,000 in the first 120 days. Plus, enjoy no annual fee.
With this credit card, you will earn cash back at the following rates:
- 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose
- 2% cash back on one everyday category, like gas stations and EV charging stations, grocery stores or restaurants
- 1% cash back on all other eligible purchases
Bonus Amount: $200 Bonus
Account Type: Credit Card
Availability: Nationwide
Expiration: N/A
Bonus Requirements:
- Open a new U.S. Bank Cash+® Visa Signature® Card using the link below.
- Spend $1,000 in the first 120 days of account opening.
- Get a $200 bonus after meeting spend requirement.
Expired U.S. Bank Bonuses
The following are previous U.S. Bank promotions, welcome offers, and sign-up bonuses that have since expired. U.S. Bank may bring them back in the future, but for now, this is for informational and reference purposes only:
- U.S. Bank Smartly™ Checking – up to $500 bonus
- U.S. Bank Business Checking – up to $500 bonus
- U.S. Bank Personal Checking – $400 bonus
- U.S. Bank Gold Business Checking – $750 bonus
- U.S. Bank Gold Business Checking – $400 bonus
U.S. Bank Promotions FAQs
Banking products are state specific, but is available nationwide if you’re an existing U.S. Bank customer. For instance, if you have a U.S. Bank credit card, you can login with your existing credentials and take part in the bank bonuses.
Bank account opening related bonuses are taxable and may be reported on IRS Form 1099-MISC. U.S. Bank will send you a 1099-MISC at the end of the year if you earned more than $600 in cash. Even if you don’t receive a 1099-MISC (or 1099-INT), you’re still required to self-report and pay taxes. Consult your tax advisor for further information.
Credit card bonuses, whether cash or reward points, are typically not taxed because most credit card offers require a minimum spending amount to qualify for the bonus, so the reward is considered a rebate on the purchase rather than taxable income.
You can find promo codes for U.S. bank on this page or by searching for other U.S. Bank promotions on this site. While we list all publicly available offers, some deals may be targeted to specific customers and vary slightly from what you see here.
Yes, most U.S. Bank promotions have expiration dates unless otherwise stated. Some offers may not have one and those will be marked with an expiration date of ‘N/A’.
Keep in mind that many national banks, including U.S. Bank, renew or extend some offers as the old ones expire. However, the bonus amount, requirements, and/or terms and conditions may be different.
U.S. Bank personal checking bonuses generally arrive within 60 days of completing the requirements, business banking bonuses within 45 days, and credit card offers can take up to 6 to 8 weeks (although customers have received bonuses earlier than that).
In my experience, U.S. Bank has been pretty good about sending rewards earlier in the stated time frames. If you haven’t received your bonus in the expected amount of time, contact U.S. Bank’s customer service at (800) US-BANKS (800-872-2657).
Maybe. You can take part in multiple offers as long as each product is from a different product group. For example, you can receive a personal checking account bonus along with a business checking account bonus as those accounts are from separate product groups (personal checking vs business checking).
However, you won’t receive a personal checking account bonus if you have an existing U.S. Bank personal checking account or your previous one was closed less than two years ago.
When in doubt, read the fine print!
The Bottom Line
U.S. Bank offers some of the most generous bank account bonuses and credit card offers. That’s great for people who reside in one of the states that they operate in, but unfortunate for those who are outside of U.S. Bank’s geographic footprint.
I started my banking relationship with U.S. Bank many years ago (2014?) when they first launched the Club Carlson credit card. It had one of the best credit card benefit ever, giving you a bonus award night when you redeemed points for two or more consecutive award nights.
This means I could pay for one reward night and get the second one free, essentially doubling the value of my Club Carlson points. Once the travel blogs picked up on this perk though, it was terminated pretty quickly (and Club Carlson eventually rebranded to Radisson Rewards).
Now I have the U.S. Bank Altitude Go Visa Signature card, which is a great credit card if you spend a lot at restaurants – not many cards offer 4x points for this spending category. My near-term plan is to open both a personal and business checking account to try out their banking products and grab the bonuses.
While you shouldn’t choose a bank based solely on a new customer bonus, it’s a great incentive to try the many banking and credit card products available. Interested in more bank bonuses? Check out the entire list of the best bank bonuses for more options to earn free money and rewards.
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