Back now better than ever, U.S. Bank is offering a $400 bonus when you open a new eligible U.S. Bank consumer checking account and complete qualifying activities, subject to certain terms and limitations.
Complete these steps within 60 days of opening your new Platinum, Gold or Easy checking account online:
- Enroll in online banking or the U.S. Bank Mobile App.
- Complete two or more direct deposits totaling $4,000 to earn $400
Offer valid through September 2, 2022. Member FDIC.
This is a mostly national bonus that is relatively easy to attain, so I definitely recommend taking advantage if you qualify.
U.S. Bank $400 Checking Bonus
- Account Type: Platinum, Gold or Easy checking account
- Availability: AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY
- Direct Deposit Requirement: Yes, two or more direct deposits totaling $4,000 or more.
- Credit Inquiry: Soft pull
- Credit Card Funding: Up to $200
- Monthly Fee: $6.95, $14.95, or $24.95, waivable
- Early Account Termination Fee: None
- Household Limit: None
(Offer expires 09/02/2022)
To Waive Monthly Fees
- Easy Checking:
- Waive the $6.95 Monthly Maintenance Fee with one of the following:
- Combined monthly direct deposits totaling $1,000+, OR
- Average account balance of $1,500, OR
- Account holder(s) age 65 or greater
- Waive the $6.95 Monthly Maintenance Fee with one of the following:
- Gold Checking:
- Waive the $14.95 Monthly Maintenance Fee with an open U.S. Bank personal loan, line of credit or credit card (excluding U.S. Bank Reserve Line of Credit and Student Loans)
- Platinum Checking:
- Waive the $24.95 Monthly Maintenance Fee with $25,000 in combined personal deposits, credit balances with U.S. Bank and/or investments through our affiliate, U.S. Bancorp Investments. Or, through a personal trust relationship with U.S. Bank Wealth Management
Fine Print
- A minimum deposit of $25 is required to open a U.S. Bank consumer checking account.
- A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, from your employer or the government.
- Other electronic deposits or person-to-person payments are not considered a direct deposit.
- The checking bonus will be deposited into your new checking account within 60 days of direct deposit verification and verification of enrollment in online banking or the U.S. Bank Mobile App as long as your account is open and has a positive balance.
- Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes.
- Offer may not be combined with any other checking account bonus offers.
- Offer is not valid if you or any signer on the account has an existing U.S. Bank consumer checking account, had a U.S. Bank consumer checking account in the last two years, or received other U.S. Bank bonus offers within the past two years.
- Limit one checking bonus per person. Current U.S. Bank employees are not eligible. Other restrictions may apply.
- All standard account terms, conditions and opening procedures apply.
- For a comprehensive list of account pricing, terms and policies, see the Your Deposit Account Agreement (PDF) and the Consumer Pricing Information (PDF) disclosure.
Bottom Line
All in all, this is a relatively straightforward checking promotion with big bonus size for a personal account.
If you have a business, then check out the U.S. Bank $300 business checking bonus.
Feel free to compare all the latest U.S. Bank Promotions or check out our full list of bank promotions.
I funded a U.S. Bank Checking Account with an American Express Platinum Card and it went through as a Purchase.
Anthony, The Promo codes in the review and the ..Checking Bonus PDF printout are only one letter different. Are these “2 codes” correct?
It’s now updated. It should be OB86NG1
This offer expired, the link doesn’t work anymore.
I used my Citi Prestige card to fund my account and it went through fine.
Has anyone used a credit card for the opening deposit on their account?
The Capital One Venture card worked and it was labeled as a sale.
My Chase Freedom worked too!
As did my Chase SW!
Funded my account with a barclay aviator card and it was a purchase.
Yes, my Chase United funding posted as a purchase.
When I used my Barclay Arrival card it was fine. It was considered a purchase.
I had no trouble using my Chase Hilton card. They even classified it as a purchase.
Used my Business Platinum AMEX but it was considered a cash advance. Used my Chase British Airways instead.
Yup I used my BoA Alaska Airlines card. I read online that the Virgin Atlantic one works too.
Yeah, I tried to use my Fidelity Amex card but it was considered a cash advance so I ended up using the Cap One Quicksilver instead. It went through as a sale.
I tried using my Everyday AMEX and had the same issue! Ended up using my Citi HHonors Reserve.
Do you need to keep the account open for 6 months? I have already opened the account and receive the bonus. They paid within 10 business days of my initial direct deposit. I have since kept the $1500 balance and ceased dd. Would like to close in September but I don’t want to lose the bonus.
First, contact the bank and talk to a banker to see if there is a closing fee. I usually keep it for 6 months before closing if you can keep the account fee free. That way, it doesn’t look bad.
Called us bank and set up the checking account and funded it via other bank debit card, it was easy and took just a few minutes and I did not even need a promo code!
Seems they do not honor this as easily as Chase.
I just got email
Upon review of your account profile, I see that we do not have record of U.S. Bank having mailed or emailed you a cash bonus offer for opening a new checking account. All offers are customer specific, are non transferable, and are received either by mail or email. If you found an offer online, I apologize these are not valid offers and are not recognized by U.S. Bank. If you did receive a mailing or email offer from U.S. Bank, we ask that you please email us a copy of the offer so that we may research this matter further.
I had US bank bonus before and the account was closed two years ago. Am I still qualified for this bonus this years?
May
wish i could help as I have the same question. I read the bonus terms, it said you are not eligible if you received a bonus in 2015 and also stated the following: Offer may not be combined with any other checking account bonus offers, is not valid if you have received a checking account bonus in 2015, or if you have an existing U.S. Bank consumer checking account or Package
it says: “if you have” and existing checking; meaning still open, is the way I read that. If the bonus did not apply to customers who closed their accounts it would say “if you had” and existing account….
I feel like a bonus may be potentially earned here for you and I both