Two US Bank Promotions Worth Up To $950
I was sent emails on two different US Bank promotions that could net me up to $950. One of the offers I will for sure will not be participating in and the other is one I am undecided on as of yet. Let’s take a look at the details.
US Bank Investor Bonuses
Email Subject: Last Chance: Invest toward your goals and earn up to $450
Get $100 with a new Automated Investor account. The requirements for the bonus are as follows:
- Open an Automated Investor account July 13 through September 30, 2022
- Fund the account with at least $1,000 within 30 days of opening
- Maintain the balance for at least 60 days
This offer is valid for clients who are 18 years or older, who open a new U.S. Bancorp Investments Automated Investor account or a new investment account with a U.S. Bancorp Investments Advisor between July 13, 2022 and September 30, 2022 (the “Promotion Period”), and satisfy the eligibility conditions described below. Eligible investors can earn a maximum cash bonus of $450. Offer limited to the addressee of this communication and is not transferable.
Additional Bonus For An Advisor Account
Plus, earn $350 when you open and fund an investment account through an advisor at U.S. Bancorp Investments. The requirements are:
- Open an account through an advisor July 13 through September 30, 2022
- Fund the account with at least $250,000 within 30 days of opening
- Maintain the balance for at least 60 days
$500 Payment Solutions Account Bonus
Email Subject: Boost sales and earn $500 for your business
Earn a $500 statement credit when you open a new U.S. Bank Payment Solutions account and accept and settle a transaction within 60 days of account opening. This one doesn’t appear to be a targeted offer. The requirements are:
- To qualify for the $500 statement credit offer, you must open a new U.S. Bank Payment Solutions Merchant Account between 9/2/2022 and 10/28/2022 and accept and settle a payment transaction within 60 days of the open date of your Payment Solutions account.
- The one-time statement credit of $500 will be credited by the January 2023 billing cycle. Merchant accounts (MIDs) must be activated and actively processing payment transactions for a minimum of one week and be in open status at the time of the incentive credit.
- Accounts must process and settle at least $50 in payment transactions in a single day to be considered an activation.
- Everyday funding requires funding to a U.S. Bank business checking account.
Promotional offer is available for establishment of a new payment processing account including certain Elavon compatible equipment rented to new and existing U.S. Bank customers not currently using Elavon for merchant processing services.
Final Thoughts
The investment offer is out of my league with the $250K requirement and it is not like $350 would get me to move that much money even if I did have it. The $100 for $1000 offer is very underwhelming too, so doubt I will do that either.
The $500 offer for setting up payment processing is intriguing. I haven’t dug in too deeply yet but it looks like there is only a $50 payment requirement. It can be paired up with a business checking account offer too to get $500 instead of just $400. I am not sure if there is a monthly fee or not for the payment processing account. It looks like it is just a per transaction fee but there may be equipment cost etc. involved. Hopefully someone that has dealt with the program can let us know in the comments if it is worth pursuing.
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Wish you tell where else I can get a 10% return in 60 days on a $1K investment,P