$900 Bonus for New US Bank Business Checking Account
US Bank has a bonus of up to $900 in cash for business checking accounts. This is a higher bonus than the previous offer, but it also requires a much larger deposit. However, no direct deposit is required. Let’s look at the details.
The Offer
In order to earn the bonus you need to open a new U.S. Bank Business Checking account with promo code Q4AFL24, and:
- 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 $400 when you deposit $5,000 in a new Silver Business Checking Account.
- Earn $900 when you deposit $30,000 in a new Platinum Business Checking Account
Key Terms
- 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 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 12 months.
- Silver Business Checking has no monthly fees. Platinum Business Checking has $30 monthly fee that is waived with $25,000 balance.
- Offer valid through January 15, 2025.
Conclusion
This is an easy bonus for a bank account, but you need to deposit either $5,000 for a $400 bonus, or $30,000 for a $900 bonus. Considering that you only need to maintain that balance for about 30 days, this is still a very good return for your money, even with the increased requirements.
The bonus should be available for most readers, but you must be in a state that has US Bank branches. If you’re not, you could still be able to open the account if you have an existing relationship such as a US Bank credit card.
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