US Bank, $150 Checking Bonus (Plus $50 Savings), No DD

Open a new U.S. Bank Silver, Gold or Platinum Checking package and complete direct deposits totaling at least $500 OR complete two or more payments using U.S. Bank Bill Pay within 60 days of account opening. Two bill payments looks like the easier option.

US Bank 150 bonus 2016-7.png

To earn the $150 bonus offer, open a new U.S. Bank Consumer Silver Checking Package, Gold Checking Package or Platinum Checking Package between and including June 25, 2016 and September 9, 2016. Present your Summer Banking Bonus 2016 promotion code that you will receive by email (request it here) to a branch or 24-Hour banker or enter it online at account opening. A minimum deposit of $25 is required to open a U.S. Bank Checking account.

Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Offer is not valid if you 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 bonus offers in 2016.

$50 Bonus When You Open US Bank Credit Card

The reason the bonus is advertised as $200 is because you can also earn a $50 bonus when you open a U.S. Bank Credit Card with your new checking package. To get the $50 you need to make two separate net purchases totaling at least $25 each within 60 days of credit card account opening. This doesn’t really make much sense, but you can look into some of their credit cards that offer 5% in some categories that aren’t usually covered by other cards.

$50 Savings Bonus

U.S. Bank START Smart Savings Program™   U.S. Bank.jpeg

You can actually get $200 in total if you combine this with a Savings offer that gives you $50. DoC posted this offer today, and all you need to do is open a START Money Market Savings account and earn $50 when you save $500 within 12 months in the Savings account. You have to link the Money Market Savings account to your U.S. Bank Silver or Gold checking account, enroll in START Smart, and schedule a qualifying transfer from the checking to the Savings during enrollment. The Savings account doesn’t have any fees and if you open in same day as Checking account, hopefully you’ll only have one Chex inquiry.


Silver Checking Package has a $6.95 monthly fee when you have online statements. This can be waived with a Savings account and either combined monthly direct deposits totaling $1,000+, or an average balance of at least $1500.

If you have a US Bank credit card then you should open a Gold Checking Package. It has a $10.95 fee but there’s no monthly maintenance fee with a U.S. Bank personal loan, line or credit card.

Offer Details

  • Get Promo Code
  • Account Type: Silver (Best Option), Gold or Platinum Checking Package
  • Availability: Nationwide
  • Expiration Date: August 12 September 9, 2016
  • Inquiry Type: Soft pull
  • Opening Deposit: $25 minimum
  • Direct Deposit Requirement: No (but it is an option)
  • Other Requirements: 2 payments using U.S. Bank Bill Pay within 60 days
  • Monthly Fee: $6.95 with Online Statements (waived with combined monthly direct deposits totaling $1,000+)
  • Closing Account Fee: Unknown

3 thoughts on “US Bank, $150 Checking Bonus (Plus $50 Savings), No DD

  1. Pingback: Miles and Points Recap: New Amex Offers, US Bank, Citi Prestige, Schoola and More | Miles For Family

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.