Update 9/28/26: Extended to January 13, 2027
Offer at a glance
- Maximum bonus amount: $1,200-$1,500
- Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship). Also need to be a state farm customer.
- Direct deposit required: None
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Mixed data points
- Credit card funding: Can fund up to $3,000 with a credit card
- Monthly fees: None with paperless statements
- Early account termination fee: None
- Household limit: None
- Expiration date: 9/27/2026
The Offer
- U.S. Bank is offering state farm customers a business checking bonus of up to $1,500.
- $1,500 bonus:
- Open a new Platinum Business Checking account online.
- Deposit at least $25,000 in new money within 30 days of account opening. Maintain a daily balance of at least $25,000 until the 60th day of account opening.
- Complete six qualifying transactions within 60 days of account opening
- $900 bonus:
- Open a new Gold Business Checking account online.
- Deposit at least $10,000 in new money within 30 days of account opening. Maintain a daily balance of at least $10,000 until the 60th day of account opening.
- Complete six qualifying transactions within 60 days of account opening
- $1,500 bonus:
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
- Gold account no longer has a monthly fee as of February 2026.
Gold account has a $20 monthly fee, this is waived if you:U.S. Bank Payment Solutions or $10,000 average collected account balance or $20,000 combined average collected balances across all U.S. Bank business deposit accounts or $50,000 combined average collected balances and outstanding credit balances.
- Platinum account has a $30 monthly fee, this is waived if you
- An active U.S. Bank Payment Solutions Merchant Account or
- $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances
Early Account Termination Fee
There is no early account termination fee to worry about
Our Verdict
Public bonus is up to $1,500 but there is no landing page for that bonus. This is basically the same but there is a landing page and it’s only for state farm customers. I’d recommend reading the public bonus for more information. There is also a personal bonus for state farm customers for $500.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Calculate And Share Your ChexSystems Datapoints
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Updated, thanks
Yep. Bilt excludes certain purchases (e.g. taxes) from earning points. But it’s not considered cash advance.
It’s the average of your balance in the checking account, counting only collected balance.
During application you have to sigh in to your SF account, Then there is also a permanent SF logo next to your new checking account number.
People have done that but if you open too many, you can get shut down
Yeah, im likley going to close this account and churn an EIN as this current one is under my SSN and violate the 12 month rule. I am curious though how many accounts one can churn just for the CC funding. Thats 3k per account, even if your not going for the bonus.
Thanks for the helpful details of your experience! I assume your CIU did not charge a cash advance fee and will pay 1.5% in rewards? I am curious because of the experience by “Alpha” shared today.
Opened and funded the account with Bilt Palladium card ($3k). No cash advance fee but got no points:( Coded as Financial Services.
No clue. Why don’t you ask USB?
We’re having trouble verifying your identity and can’t move forward with your application. Please confirm your information with State Farm before trying again.
Yes sole prop works
Do we know if sole proprietorships are qualifying? thanks.
The Direct Link only shows earning $900 for a Gold account not $1,200. Just FYI
Did SSN and sole prop EIN within about 4 months of each other. Working on LLC with new EIN now. Should hopefully post in October.
Good call on renters insurance (did you just select one month or a yearly policy and paid a month)?
You can still apply with EIN now and get the bonus as a separate business. Also if you switch your promo code to Q3BUS26, you don’t need to go through State Farm route. It has the same requirements https://www.doctorofcredit.com/u-s-bank-400-900-business-checking-bonus/#comment-2358788
I actually do have a separate EIN I could use but its a bit late now I suppose with the account open. Ive been reading through past DPs to see if they enforce the 12 mo policy on the same tax id but dont have a resolute answer. Maybe ill still try, if I dont get the bonus complain and ask for concession. Maybe tell them I put the wrong tax id. Have not decided yet.
Do you know if this account would count as the us bank business checking account for the smartly checking waiver?
good gimmick
Applied as a Guest and was approved.
Good to know. Looks like you can continue as guest on the application process and it will still work. Ended up getting a $10 renters policy just in case.
I got a US Bank biz account recently as sole prop with no docs requested. I do have an existing relationship with US Bank.
DP: I got this bonus via state farm link about 4 months ago. Not a state farm member at all.
Applied Business Gold Checking as SP on 7/22/2026 and they requested business docs. Uploaded my drivers license only and was approved on 07/24/2026. Funded 3k with CSP and I’m not even a State Farm customer.
Tried tonight: Confirm your State Farm records.We’re having trouble verifying your identity and can’t move forward with your application. Please confirm your information with State Farm before trying again.
Just got a $10 a month renters policy. I’ll give the larger bonus a go tomorrow.
Have done LLC with EIN and sole prop with SSN within 6mo of each other. If you try with added sole prop with EIN within the same 12mo, let us know how it goes.
There is no fee for the Gold account! “ A waiver of the $20 Monthly Maintenance Fee for new U.S. Bank Gold Business Checking accounts opened on or after February 12, 2026.”
Yes it’s possible. I’ve done SSN sole prop and EIN sole prop in the same year. I think other users like Pickle Rick, SP, etc have done EIN LLC too
Any triple dip DPs? Sole Prop with SSN plus Sole Prop with EIN plus LLC with different EIN?