US Bank Bonus, Get $400 with New Checking Accounts

US Bank is offering a bonus of $400 for new checking accounts. There is a direct deposit requirement for this bonus. You can open the account online, but you need to be in US Bank’s footprint to do so. It is available nearly nationwide, unless you are in NY or FL, where you would need to already have an existing relationship with the bank. Offer valid Aug. 3 through Sept. 20, 2021.

This offer has expired. See the full list of available bank bonuses here.

US Bank Bonus

Earn $400 when you open a new Platinum, Gold or Easy checking account Aug. 3 through Sept. 20, 2021 with promo code 2021Q3C. Additionally, you must complete:

Two or more recurring direct deposits (bonus depends on total direct deposits within 60 days of account opening):
- $100 when you direct deposit $1,000-$1,999.99
- $200 when you direct deposit $2,000-$4,999.99
- $400 when you direct deposit $5,000
Enroll in U.S. Bank online banking or the U.S. Bank mobile app

The 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

Offer is available almost nationwide. In NY and FL you must have an existing relationship.
Offer is not valid if you or any signer on the account have an existing US Bank consumer checking account, had a US Bank consumer checking account in the last 24 months, or received other US Bank checking bonus offers within the past 24 months.
Current U.S. Bank employees are not eligible.

Fees

Easy Checking is the best option. It has a $6.95 monthly fee that is waived with:

Combined monthly direct deposits totaling $1000+
Average account balance of $1,500.
Account holder(s) age 65 or greater.

Gold Checking comes with a $14.95. Your monthly maintenance fee can be waived if you have one of the following: an open U.S. Bank personal loan, line, mortgage or credit card. Some of you may have a credit card since US Bank has several interesting products such as Business Triple Cash, Altitude Go or Altitude Reserve.

Guru’s Wrap-Up

This is a very good bonus that most people should be eligible for. You can open the account online and it is easy to keep it fee-free. The Easy Checking account fee is waived if you have an average account balance of $1,500, and the Gold Checking fee is waived if you have a US Bank credit card. To get the maximum bonus you need to complete direct deposits that total $5,000 or more within 60 days and enroll in U.S. Bank online banking or the U.S. Bank mobile app.

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.

US Bank Bonus Details

OFFER PAGE
Promo Code: 2021Q3C
Bonus: $400
Account Type: Easy Checking
Availability: Nationwide (probably need to have a US bank location nearby, must have existing relationship for NY and FL)
Inquiry Type: Soft pull
Opening Deposit Credit Card Funding: No
Direct Deposit Requirement: Direct deposits totaling $5,000 or more (see what works)
Other Requirements: Enroll in U.S. Bank online banking or mobile app
Monthly Fee: Waivable
Closing Account Fee: None
Expiration Date: 9/20/21