US Bank Business Checking Bonus, Up to $750 with New Account

US Bank Business Checking Bonus, Get Up to $750 with New Account

US Bank is offering a bonus of $500 or $750 for new business checking accounts. You can open the account online, but you need to be in US Bank’s footprint to do so. If you’re in a state with no US Bank branches you could still apply if you have an existing relationship with the bank. This $500 bonus for the US Bank Business Triple Cash card could be a good way to start a relationship. Let’s take a look at the details of this latest offer.

Offer

In order to earn the bonus, you need to complete the following requirements:

Open a new U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account with the promo code Q2BUS23.
Deposit new money within 30 days of account opening and maintain your balance for 60 days after the account opening. Your bonus is determined by the total amount of your deposits:
- Earn $500 when you deposit $5,000.
- Earn $750 when you deposit $15,000.
Enroll in US Bank Online Banking or the US Bank Mobile App within 60 days of account opening.

Offer Terms

The bonus will be deposited into your new U.S. Bank Gold Business Checking account within 45 days of settlement verification, as long as the account is open and has a positive balance.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes.

Eligibility

Offer is available almost nationwide, but only in states that have US Bank branches. If you don’t have a branch in your state, you could still be eligible to open an account if you have an existing relationship.
Offer is not valid if you or any signer on the new accounts have an existing US Bank business checking account, had a US Bank business checking account in the last 12 months, or if you have an existing US Bank Payment Solutions relationship.
Current U.S. Bank employees are not eligible.

Fees

US Bank Silver Business Checking has no monthly fees. Just make sure to select paperless statements to avoid a $6 fee.

Guru’s Wrap-Up

This is a very good bonus that many readers should be eligible for. The requirements are relatively easy and the US Bank Silver Business Checking account has no fees as long as you select paperless statements. We have seen the $500 bonus in the past with a $3,000 deposit requirement, but now you need to deposit $5,000. There’s also an option to earn a $750 bonus with a $15,000 deposit.

You will need to keep the money in the account for at least 60 days. With either bonus you will get a great return compared to current interest rates.

Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.