 Earn Miles Without Flying US Bank has renewed a promotion for new Business Checking accounts that offers either a $400 or $1200 bonus with very simple requirements. This deal is available in states within US Bank’s footprint (or for US Bank cardholders) and requires making one or more deposits totaling either $5,000 or $25,000 within 30 days of account opening, holding that money in the account until 60 days after account opening, then making five transactions. The total of the deposits and the account type will determine the bonus amount. $5,000 gets you $400; $25,000 gets you $1200.
US Bank is again allowing up to $3,000 of credit card funding on new accounts, so use it if you got it.
The Deal
- US Bank is offering a bonus of $400-$1200 when opening a U.S. Bank Business Checking account using promo code Q2AFL2T6 and completing the following requirements within 30 days of opening:
- For the $400 bonus, open a Business Essentials checking account and complete one or more deposits totaling $5,000 or more within 30 days and maintain the balance for 60 days, both from account opening. You also must complete five qualifying transactions
- For the $1200 bonus, open a Platinum checking account and complete one or more deposits totaling $25,000 or more within 30 days, and maintain the balance for 60 days, both from account opening
- Qualifying transactions include: Debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle® credits and debits, U.S. Bank Mobile Check Deposit, or Bill Pay.
- Expires 6/30/2026
Direct link to promotion
Terms and Conditions
- Limit of one Business Checking bonus per business.
- A $100 minimum deposit is required to open one of the referenced accounts.
- To earn a business checking bonus, open a qualifying U.S. Bank business checking account between 4/1/2026 and 6/30/2026. Make the required deposit(s) in new money within 30 days of account opening, maintain the same required daily balance through the 60th day, and complete 6 qualifying transactions based on posted date within 60 days of account opening.
- Business Essentials: $400 bonus with $5,000 deposits and daily balance
- Platinum Business Checking: $1,200 bonus with $25,000 deposits and daily balance
- Qualifying transactions include debit card purchases, ACH and wire credits or debits, Zelle credits or debits, U.S. Bank mobile check deposit, electronic or paper checks, bill pay (excluding payments made by credit card), and payment received via U.S. Bank Payment Solutions. Other transactions, such as person-to-person payments, credit card transfers, or transfers between U.S. Bank accounts, are not eligible.
- New money is defined as funds from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate.
Quick Thoughts
This is an easy checking account bonus: the requirements are very simple: make deposits totaling $ 5,000 or $25,000 within 30 days of account opening, hold the money in the account for 60 days after account opening, sign up for online banking, and complete 5 transactions on the account. That’s it.
Since you can open an account with as little as $100, you don’t need to deposit the remainder until day 25-30. After 60 days (from account opening), you just need to maintain a positive balance until the bonus is credited (US Bank allows up to 45 days for that). So, you shouldn’t have to leave the full amount in the account for longer than 30-35 days.
There are two types of business checking accounts. You can get the $400 bonus by signing up for Business Essentials, which has no maintenance fees. The account is limited to 125 transactions per month, and each transaction incurs a $.50 fee. Why would you do more than 125 transactions in a month?
The $1200 bonus now requires a Platinum checking account. Previously, you could get the higher level with Business Essentials, but now that you must open the higher-level account, maintenance fees become a bigger issue. It’s $30/month, unless you maintain an average minimum balance of $25,000. That’s no big deal for the month that you keep the $25K in the account, but there’s still the first month (before you deposit the lion’s share of the money) and the last month while you’re waiting for the bonus to be credited.
Leaving the cash in means you’d be forgoing ~$100/month to save $30 in maintenance fees… which seems like a bad deal to me. It’s probably better to just take the money out and know you’ll pay ~$60 in fees, bringing the total bonus closer to $1000 ($1200 – ~$60 in fees and ~$125 in interest on the money you have tied up for a month).
US Bank bonuses have usually been limited to states with a US Bank branch (which is a wide net… see locations here). If you live in one of the states without a branch, you used to be able to get around this requirement by opening a US Bank brokerage account first and then opening the checking account later. Based on previous comments, it sounds like US Bank may have closed that loophole but is now allowing folks with a US Bank credit card to open checking accounts, even if they’re outside the US Bank footprint.
US Bank is fairly strict on its churning rules, so I wouldn’t mess with it if you’ve had an account or received a US Bank bonus within the past year. If you haven’t, this is easy money.
The post US Bank: Up to a $1200 bonus with new business checking account appeared first on Frequent Miler. Frequent Miler may receive compensation from CHASE. American Express, Capital One, or other partners.
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