U.S. Bank $400/$1,500 Business Checking Bonus

Update 9/29/26: $1,500 offer good through 1/13/27 with promo code Q4BUS26. Hat tip to reader An. Two new requirements:

• Additionally, you must enroll in U.S. Bank Business Online Banking within 30 days of account opening. Business Online Banking requires separate enrollment from Personal Online Banking.
• remains the same checking or savings product type. (checking/savings account has to remain the same, can’t product change)

Update 7/6/26: $1,500 offer still seems to be active with code Q3BUS26. Valid through 09/27/2026. Hat tip to reader An

Update 4/3/26: $1,500 offer still seems to be active with code Q2BUS26. Valid until 6/30/26. Hat tip to reader Sergey

Update 1/15/26: $400/$1200 is extended through March 31, 2026 with promo code Q1AFL26. Requires six qualifying transactions now. $1,500 still active apparently? with promo code Q1BUS26

Update 11/19/25: There’s now a public link to the $1,500 bonus, this one shows promo code Q4SFS25. It’s a State Farm-branded deal, but should work as a public offer for anyone. The lower tiers are better as well at $900 with $10k and $500 with $5k. (ht reader KT) Update: seems that link errors out eventually if you don’t use State Farm. Might still be possible with the promo code discussed here.

Update 10/16/25: Might be possible to get $1,500 as well.

Update 10/1/25: $1,000 bonus has been increased to $1,200. 

Offer at a glance

• Maximum bonus amount: $1,200
• Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
• 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: January 14, 2026

The Offer

Direct link to offer

• U.S. Bank is offering a bonus of up to $1,200 when you open a new business checking account when you use promo code Q2DIG26
  • Earn $1,200 when you open a Platinum Business Checking Account package
    • Deposit at least $25,000 in new money within 30 days of account opening
    • Maintain at least that balance for 60 days after opening the account
    • Complete 6 qualifying transactions.
  • Earn $400 when you open a Silver Business Checking Account package
    • Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
    • Maintain at least that balance for 60 days after opening the account
    • Complete 6 qualifying transactions.

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

• Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
• 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

Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.

Hat tip to reader Jack

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• 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 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

Post history:

• Update 7/1/25: This has been extended to September 30, 2025. $900 bonus is now $1,000. $500 bonus down to $400
• Update 4/6/25: extended to 6/30/25. Promo code: Q2AFL25
• Update 1/18/25: Extended to March 31, 2025. Lowest tier is now $500 (was $400). $900 bonus now only requires a $25,000 bonus instead of $30,000.

F.A.Q’s

Can I get this bonus more than once?

The terms state: ‘Limit of one bonus per business’. You can get the bonus multiple times by using a different business ID (e.g EIN/SSN if sole prop) or for different businesses. Some discussion here. 

Can I do this bonus and the business savings bonus?

There is currently a $300 business savings bonus. There is nothing in the terms that says you can’t do both and there are many datapoints in the comments below and in the savings thread that confirm this. 

When will I get my bonus payout?

The terms state:

‘Bonus will be deposited into your new eligible U.S. Bank business checking account within 30 days after the month-end in which all offer requirements are met, provided the account remains open with a positive available balance.’

The requirements are met on the 60th day after opening (this is the end of the balance maintenance period and the deadline for the qualifying transactions), and the 30-day payout period starts the next calendar month. Payouts have usually been mid-month.

Does the $1,500 bonus really work? Rep says in branch only?

Yes, there are many datapoints of the $1,500 bonus really working. Only you can decide if you want to take that ‘risk’ as there is no landing page. I’d recommend using the comment search to search for ‘1,500’ or ‘1500’. Terms don’t say in branch only. 

How long does the review take if ‘in review’ shows up?

It’s usually completed within a few hours or the next business day, just be patient. 

Is it ChexSystems sensitive?

There are mixed datapoints, but people generally have more success with their Chexsystems frozen if they have a high amount of inquiries.