[Expired] US Bank Business Checking Bonus

US Bank

US Bank is offering a $400 bonus when you open a new Business Checking Account and complete qualifying activities. US Bank offers Silver Business Checking, Gold Business Checking, and Platinum Business Checking. The offer is valid online only.

To be eligible, you need to open the checking account and complete the following qualifying activities:

1. Deposit $3,000 in new money within 30 days of account opening and maintain for 60 days.
2. Enroll in the U.S. Bank Mobile App or U.S. Bank online banking within 60 days of account opening.
3. Complete five qualifying transactions (Debit card purchases, Merchant deposits, ACH credits, Wires credits/debits, Mobile Check Deposit or Bill Pay) within 60 days of account opening.

Silver Business Checking Account Package

Best for new or small businesses with basic banking account needs.

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

Gold Business Checking Account Package

Best for growing businesses with more banking activity

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

Platinum Business Checking Account Package

Best for mature businesses with higher balances

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

US Bank Business Checking Bonus Summary

Bonus – $400

Account – Silver Business Checking, Gold Business Checking, and Platinum Business Checking

Deposit Requirement – $3,000

Availability – Nationwide, Online only

Offer Expiry – January 9, 2023

Account Fees – $0 or $20 or $30 monthly (Waivable, see below on how to avoid it)

Link for the Offer

Business Checking Bonus Requirements

1. Open a new account using the link above and the promo code – “AF49ZCB”
2. Deposit $3,000 in new money within 30 days of account opening and maintain for 60 days.
3. Enroll in the U.S. Bank Mobile App or U.S. Bank online banking within 60 days of account opening.
4. Complete five qualifying transactions (Debit card purchases, Merchant deposits, ACH credits, Wires credits/debits, Mobile Check Deposit or Bill Pay) within 60 days of account opening.
5. The Business Checking bonus will be deposited into your new U.S. Bank business checking account within 45 days of deposit verification

Business Checking Account Fees | How to Avoid It?

1. US Bank Silver Business Platinum Checking – $0 monthly.

2. US Bank Gold Business Checking- $20 monthly. To avoid it:

• US Bank Payment Solutions Merchant Banking OR
• $10,000 average collected balance OR
• $20,000 combined average collected business deposit balances OR
• $50,000 combined average collected business deposits and outstanding credit balances.

3. US Bank Platinum Business Checking- $30 monthly. To avoid it:

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

BonusCoach’s List of Best Bank Account Bonus

Early Account Termination Fees

There is no mention of early termination fees. Bonus would be deposited within 60 days after completion of qualifying activities and the account has to be in good standing.

The Fine Print

1. Promo code AF49ZCB MUST be used when opening the business checking account.
2. Limit of one Business Checking bonus per business.
3. A $100 minimum deposit is required to open a U.S. Bank Silver, Gold, or Platinum Business Checking account.
4. Earn your $400 Business Checking bonus by opening a new U.S. Bank Silver Business Checking, Gold Business Checking, Gold Business Checking with Interest or Platinum Business Checking account between October 3, 2022 and January 9, 2023.
5. The checking account must be opened online to qualify.
6. You must make new deposit(s) of at least $3,000 in new money deposits (Direct/Branch, Mobile Check Deposit, 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. The new money deposit cannot be funds held by U.S. Bank or its affiliates. An individual signer on the new checking account must be enrolled in U.S. Bank online banking or the U.S. Bank Mobile App within 60 days of account opening. Additionally, you must complete 5 qualifying transactions (Debit card purchases, Merchant deposits, ACH credits, Wires credits/debits, Mobile Check Deposit or Bill Pay) within 60 days of account opening.
7. 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.
8. Offer may not be combined with any other business checking account bonus offers.
9. 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.

Final Thoughts

This promotion from US Bank for their business checking accounts is excellent. We consider it a good sign up bonus as the requirements are relatively easy to meet (deposit $3000, enroll in online banking and complete 5 transactions).