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bethi 124K Views
Aug 8, 2022 4:28 AM

US Bank: Open Checking Acct + 2x Direct Deposits (totaling $4000 or more), Earn

$400 Bonus

$400

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Deal Details
US Bank is offering a $400 Bonus when you Open an Eligible Checking Account, complete two or more Direct Deposits totaling $4000 or more within 60 days of opening your account, and enroll in online banking or the U.S. Bank Mobile App (see instructions below). Offer valid through September 2.

Thanks to community member bethi for sharing this deal.

Deal Instructions
  1. Open an eligible checking account here
    • Account Options: Platinum, Gold or Easy checking
    • If you apply for your checking account on another page, you'll need to enter this promo code manually: 2022JUL.
    • Limit one checking bonus per person
  2. Complete two or more Direct Deposits totaling $4000 or more within 60 days of opening your 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.
  3. Enroll in online banking or the U.S. Bank Mobile App within 60 days of opening your account
  4. 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

Editor's Notes

Written by qwikwit | Staff
  • About this deal:
    • The least expensive account is the Easy Checking Account which has a $6.95 maintenance fee that can be waived if any of the following applies to you:
      • Your combined monthly direct deposits total $1,000 or more.
      • You keep an average account balance of $1,500 or more.
      • You are age 65 or greater.
  • Offer Terms:
    • A minimum deposit of $25 is required to open a U.S. Bank consumer checking account. Earn a $400 bonus by opening a new U.S. Bank consumer checking account, excluding Student Checking and Safe Debit Account, by September 2, 2022. The checking account can be opened in a branch, online or over the phone. Additionally, you must enroll in online banking or the U.S. Bank Mobile App within 60 days of opening your account. You must also complete two or more direct deposits within 60 days of opening your account totaling $4,000 or more. 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.
    • Review the offer page for the complete terms and conditions.

Original Post

Written by bethi
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
US Bank is offering a $400 Bonus when you Open an Eligible Checking Account, complete two or more Direct Deposits totaling $4000 or more within 60 days of opening your account, and enroll in online banking or the U.S. Bank Mobile App (see instructions below). Offer valid through September 2.

Thanks to community member bethi for sharing this deal.

Deal Instructions
  1. Open an eligible checking account here
    • Account Options: Platinum, Gold or Easy checking
    • If you apply for your checking account on another page, you'll need to enter this promo code manually: 2022JUL.
    • Limit one checking bonus per person
  2. Complete two or more Direct Deposits totaling $4000 or more within 60 days of opening your 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.
  3. Enroll in online banking or the U.S. Bank Mobile App within 60 days of opening your account
  4. 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

Editor's Notes

Written by qwikwit | Staff
  • About this deal:
    • The least expensive account is the Easy Checking Account which has a $6.95 maintenance fee that can be waived if any of the following applies to you:
      • Your combined monthly direct deposits total $1,000 or more.
      • You keep an average account balance of $1,500 or more.
      • You are age 65 or greater.
  • Offer Terms:
    • A minimum deposit of $25 is required to open a U.S. Bank consumer checking account. Earn a $400 bonus by opening a new U.S. Bank consumer checking account, excluding Student Checking and Safe Debit Account, by September 2, 2022. The checking account can be opened in a branch, online or over the phone. Additionally, you must enroll in online banking or the U.S. Bank Mobile App within 60 days of opening your account. You must also complete two or more direct deposits within 60 days of opening your account totaling $4,000 or more. 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.
    • Review the offer page for the complete terms and conditions.

Original Post

Written by bethi

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266 Comments

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Aug 10, 2022 8:49 PM
77 Comments
Joined Nov 2012
OnThruTheChompersAug 10, 2022 8:49 PM
77 Comments
FWIW I did this last year (pushed twice from Schwab Brokerage MoneyLink) and received the $400 promptly.
Aug 10, 2022 8:50 PM
1.7K Comments
Joined Jun 2007
metaclassAug 10, 2022 8:50 PM
1.7K Comments
Just opened. Having a mortgage loan with them so went for the Platinum.
Aug 10, 2022 8:52 PM
77 Comments
Joined Nov 2012
OnThruTheChompersAug 10, 2022 8:52 PM
77 Comments
Also another way to avoid the fee is to get the Altitude Reserve, which is a fantastic card if you are willing to use Apple Pay. That's what I did
Aug 10, 2022 9:33 PM
7 Comments
Joined Nov 2013
thisIsRoss20052006Aug 10, 2022 9:33 PM
7 Comments
Not Approved!!!
Aug 10, 2022 10:04 PM
11.2K Comments
Joined Sep 2014
ash78Aug 10, 2022 10:04 PM
11.2K Comments
The good news is that if you open one account, they might open 2 or 3 more for you!
Aug 10, 2022 10:21 PM
1.1K Comments
Joined Jun 2012
maroonhooAug 10, 2022 10:21 PM
1.1K Comments
I understand that the terms don't specifically include them, but I'd be interested to hear from anyone who successfully gets the bonus with a P2P or interbank transfer. I'm currently in school and don't have income or benefits that met the listed DD terms.
Aug 10, 2022 11:04 PM
14.3K Comments
Joined May 2004
BalkiBartokomousAug 10, 2022 11:04 PM
14.3K Comments
Quote from TealGazelle3225 View quoted comment :
What will happen if I close the account after getting $400 ?
They go to your grandmother's house and push her down the stairs. Then they knock up your sister. After you've met the terms of the deal, you are under no obligation to stay.



Quote from SliQdick View quoted comment :
Doubt it. Highly doubt this to be true. If you have documentary evidence to support your claim and presented it to the bank and they still declined your claim, then that means 1 of 2 things: 1) UDAAP violation, or 2) you did it wrong.

Trust me, I work at a bank in risk and deal with complaints compliance daily. US Bank is a giant who is frequently audited and constantly under regulatory scrutiny, they won't not pay a promo if you met the criteria.
As I'm genuinely curious, I usually ask for people to post redacted emails of rejections for things like this after explaining and showing proof and then never hear from them again.

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Aug 10, 2022 11:06 PM
88 Comments
Joined Dec 2016
hks_2085Aug 10, 2022 11:06 PM
88 Comments
Quote from BalkiBartokomous View quoted comment :
Always screen record when doing things like this. Same with cashback sites. I haven't had to use the recordings often, only once or twice, but worth it.
What app do you use for screen recording ?
Aug 10, 2022 11:09 PM
88 Comments
Joined Dec 2016
hks_2085Aug 10, 2022 11:09 PM
88 Comments
Quote from OnThruTheChompers View quoted comment :
FWIW I did this last year (pushed twice from Schwab Brokerage MoneyLink) and received the $400 promptly.
How long of a gap is needed to get the reward again ?
Aug 10, 2022 11:10 PM
883 Comments
Joined Dec 2019
OG-BluntmanAug 10, 2022 11:10 PM
883 Comments
Quote from BalkiBartokomous View quoted comment :
They go to your grandmother's house and push her down the stairs. Then they knock up your sister. After you've met the terms of the deal, you are under no obligation to stay.




As I'm genuinely curious, I usually ask for people to post redacted emails of rejections for things like this after explaining and showing proof and then never hear from them again.
It's because they don't have the proof! Like I said, 99% of the time it's user error but if it's proven bank error, they make it right because o
If they don't and it gets escalated to the CFPB and there's evidence of wrong doing, well you know the rest 👍
Aug 10, 2022 11:13 PM
883 Comments
Joined Dec 2019
OG-BluntmanAug 10, 2022 11:13 PM
883 Comments
Quote from kvp1982 View quoted comment :
They declined my application for some reason. Not sure why. I haven't opened/closed any Checking accounts in the past year.
Have any charge offs either credit related or deposit account over $50? Check the adverse action letter when you get it in the mail.
Aug 10, 2022 11:16 PM
883 Comments
Joined Dec 2019
OG-BluntmanAug 10, 2022 11:16 PM
883 Comments
Quote from vash610 View quoted comment :
I did it for July and only got $300 out of the $400. Not sure why, but not going to open a case and have them take it back for some made up reason. Taking the $300 and closing it.
Hopefully you know how long the account needs to remain open before you can close, otherwise they reserve the right to recoup their losses.
Aug 10, 2022 11:52 PM
9.9K Comments
Joined Oct 2008
DontTaxBeerAug 10, 2022 11:52 PM
9.9K Comments
they refuse to let me view their interest rates. says there are no US Bank locations in New York Shitty. so i just assume its 0%.
Aug 11, 2022 12:06 AM
197 Comments
Joined Apr 2008
jpmxchAug 11, 2022 12:06 AM
197 Comments
Anyone in NY got approved? I believe if you reside in certain states it does not let you open.

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Aug 11, 2022 12:10 AM
203 Comments
Joined Oct 2012
downwithoppAug 11, 2022 12:10 AM
203 Comments
Quote from BuzzardGas View quoted comment :
The negative posts, crazy transfer limits/restrictions and fact that there are no physical branches anywhere near me or surrounding states have my spidey senses buzzing.

A no go for me but good luck to those who are comfortable with the risk.
Meh, I've made about 7k in bank bonuses this year alone and have another 2.5k currently pending. Opened with most of the major banks, a few smaller fintech startups, and a couple of credit unions. Never had any issues with getting paid out.

You'll find that people have something negative to say about EVERY bank in existence. That's just the nature of what happens when you deal with an extremely high volume of customers in a service oriented market. It's just that the people with negative experiences are significantly more vocal than the overwhelming amount of people with positive experiences. Don't let human nature of gravitating to fear cloud your judgement. Scared money don't make money.
Last edited by downwithopp August 10, 2022 at 05:15 PM.

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