U.S. Bank is currently offering a promotion for new business checking accounts, providing bonuses of up to $900. This offer is available to businesses that open a new account between January 16, 2025, and March 31, 2025, and meet specific criteria. Use promo code Q1DIG25 when opening your new U.S. Bank business checking account.
Once you apply, they usually do a manual review and let you know what is needed.
Typically they will require tax documents and EIN letter for opening the account. You can upload your documents to a secure portal. The whole process is fast considering manual review is involved – takes only a couple of days.
Bonus Details
The bonus is tiered based on how much money you deposit.
- $500 Bonus: Open a new U.S. Bank Silver Business Checking or Business Essentials account. Deposit at least $5,000 within 30 days and maintain until the 60th day. You also need to complete five qualifying transactions within 60 days of account opening.
- $900 Bonus: Open a new U.S. Bank Platinum Business Checking account. Deposit $25,000 within 30days and maintain until the 60th day. You also need to complete five qualifying transactions within 60 days of account opening.
Qualifying Transactions:
Debit card purchases, ACH credits, wire transfer credits and debits, bill payments, all qualify as eligible transactions. However, some transactions such as person-to-person payments do not qualify. Given that you only need 5 transactions, this should be very easy.
Account Funding:
You can fund US bank business checking accounts with a credit card – up to $3000. Based on your credit card, this might be useful if you are working towards a minimum spending.
Eligibility:
This offer is limited to one bonus per business. You are not eligible if you have a U.S. Bank business checking account or had one in the past 12 months.
Account Fees:
- Silver Business Checking: No monthly maintenance fee.
- Platinum Business Checking: $30 monthly maintenance fee, waived if you maintain $25,000 in the account.
How to Apply:
Use promo code Q1DIG25 when opening your new U.S. Bank business checking account. Ensure you meet all the specified requirements to qualify for the bonus. This is obviously a great bonus if you have an LLC or small business.