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U.S. Bank: Open Business Checking Account & Deposit/Maintain $5K Balance for 60 Days Expired

Earn $500 Bonus
(w/ Enrollment in Online Banking / App)
+100 Deal Score
367,138 Views
Update: This popular offer is still available.

U.S. Bank offers a $500 or $750 Bonus when you Open an Eligible Business Checking Account using promo code AFL23 and make a Deposit Totalling $5,000+ or $15,000+ within 30 days of opening your account. Must maintain your balance for 60 days after the account opening and enroll in online banking or the U.S. Bank Mobile App to earn your bonus. Offer valid through August 31, 2023. Member FDIC.

Thanks to Community Member desitoyota for sharing this deal.

Offer Instructions:
  • Promo code AFL23 MUST be used when opening the business checking account. Limit of one Business Checking bonus per business.
    • A $100 minimum deposit is required to open a U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account.
  • Must enroll in online banking or the U.S. Bank Mobile App within 60 days to earn your bonus.
  • Earn $500 when you deposit $5,000
    • Earn a $500 Business Checking bonus by opening a new U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account through 08/31/2023. You must make new deposit(s) of at least $5,000 in new money deposits (Direct Deposits, ATM/Branch Deposits, Mobile Check Deposit, ACH or Wires) within 30 days of account opening and thereafter maintain a balance of at least $5,000 until the 60th day after account opening.
  • Earn $750 when you deposit $15,000
    • Earn your $750 Business Checking bonus by opening a U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account through 08/31/2023. You must make new deposit(s) of at least $15,000 in new money deposits (Direct Deposits, ATM/Branch Deposits, Mobile Check Deposit, ACH or Wires) within 30 days of account opening and thereafter maintain a balance of at least $15,000 until the 60th day after account opening.

Original Post

Written by
Edited December 6, 2023 at 02:57 PM by
I just wanted to open a business checking account and found this out.
$500 bonus for depositing $5000 and keeping it for 60 days
$750 for $15000 deposit and hold it for 60 day
Here is the link:
Created 05-07-2023 at 06:23 PM by desitoyota
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Deal
Score
+100
367,138 Views
Earn $500 Bonus
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

732 Comments

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Featured Comments

Beware this bank uses every possible avenue to deny your bonus. They claimed ach transfers from my other non US bank accounts to this account weren't "new" funds or money

edit: mods, why did you remove my edit comment telling others that were telling me I did it wrong to go kick rocks!?!
Lol usbank is terrible
Lol our Banks are broke.

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Joined Oct 2015
L3: Novice
> bubble2 1,309 Posts
211 Reputation
SlickaThanYoMama
05-09-2023 at 04:24 AM.
05-09-2023 at 04:24 AM.
It's asking for these:

You'll need:

Your SSN, personal address and phone number
Your business's Taxpayer Identification Number (EIN, SSN, ITIN)
Name, email address and phone number for any additional owners with 25% or more ownership in the company

Instead of business's taxpayer identification number, can we enter our own social security number if we don't have a business?
Reply
Joined Nov 2014
L5: Journeyman
> bubble2 667 Posts
254 Reputation
mathgk
05-09-2023 at 04:41 AM.

Our community has rated this post as helpful. If you agree, why not thank mathgk

05-09-2023 at 04:41 AM.
Quote from SlickaThanYoMama :
It's asking for these:

You'll need:

Your SSN, personal address and phone number
Your business's Taxpayer Identification Number (EIN, SSN, ITIN)
Name, email address and phone number for any additional owners with 25% or more ownership in the company

Instead of business's taxpayer identification number, can we enter our own social security number if we don't have a business?

Yes, you can. That's what self proprietors do.
1
Reply
Joined Aug 2016
L9: Master
> bubble2 5,508 Posts
312 Reputation
duckeggs
05-09-2023 at 04:43 AM.
05-09-2023 at 04:43 AM.
Quote from mathgk :
Yes, you can. That's what self proprietors do.

It's called sole proprietors…..
7
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Joined Nov 2014
L5: Journeyman
> bubble2 667 Posts
254 Reputation
mathgk
05-09-2023 at 04:45 AM.
05-09-2023 at 04:45 AM.
Quote from duckeggs :
It's called sole proprietors…..

Hey now. I just woke up, and no coffee in me. Thanks for the correction. Smilie
1
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Joined May 2013
L2: Beginner
> bubble2 39 Posts
10 Reputation
PremalP9657
05-09-2023 at 04:51 AM.

Our community has rated this post as helpful. If you agree, why not thank PremalP9657

05-09-2023 at 04:51 AM.
Quote from techie333 :
Beware this bank uses every possible avenue to deny your bonus. They claimed ach transfers from my other accounts to this account weren't "new" funds or money

That's what I am going thru not giving out the bonus
3
1
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Joined Jul 2015
L4: Apprentice
> bubble2 300 Posts
44 Reputation
macosxfan
05-09-2023 at 04:53 AM.
05-09-2023 at 04:53 AM.
Quote from PP15 :
Dont agree, Took the $600 bonus offer 1 month ago. Received the bonus within 2 weeks of meeting the deposit criteria. My friend got it too. I would say make sure you meet all criteria and explicity check them before signing up.

Same. I also got my $600 bonus quickly with US Bank. I've also signed up for Wells Fargo $325 offer but still haven't received the bonus despite completing the required activities
1
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Joined Oct 2006
L7: Teacher
> bubble2 2,662 Posts
458 Reputation
Original Poster
desitoyota
05-09-2023 at 05:03 AM.
05-09-2023 at 05:03 AM.
Silver account doesn't have any maintenance fee too
Reply

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Joined Nov 2014
L5: Journeyman
> bubble2 667 Posts
254 Reputation
mathgk
05-09-2023 at 05:06 AM.
05-09-2023 at 05:06 AM.
Unable to open account. Perhaps this is for people who has US Bank near them?
Reply
Joined Jul 2020
L3: Novice
> bubble2 261 Posts
185 Reputation
dobbey
05-09-2023 at 05:50 AM.
05-09-2023 at 05:50 AM.
Quote from mathgk :
Unable to open account. Perhaps this is for people who has US Bank near them?

If you're any visa it won't let you do. If you're a US Citizen it should allow you to do on your own
Reply
Joined Jul 2008
L4: Apprentice
> bubble2 351 Posts
146 Reputation
Envycell
05-09-2023 at 05:50 AM.
05-09-2023 at 05:50 AM.
Not worth your time. I did this the last round they never gave me anything and when I went to cancel they said they don't just give money out for having money in the bank
4
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Joined Dec 2010
L2: Beginner
> bubble2 39 Posts
22 Reputation
1kewldude
05-09-2023 at 06:03 AM.
05-09-2023 at 06:03 AM.
Bah… got through everything but it failed multiple times on the money transfer part
Reply

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Joined Nov 2006
L6: Expert
> bubble2 1,048 Posts
91 Reputation
bagofchips
05-09-2023 at 06:31 AM.
05-09-2023 at 06:31 AM.
Quote from 1kewldude :
Bah… got through everything but it failed multiple times on the money transfer part
I had similar problems last month on the $3k get $500. They just provide you a form mail it in and a week later the ACH happens. I was trying to transfer from my Amex checking (on which I'd gotten $600 for opening).
Reply
Joined Aug 2003
(o)(o)
> bubble2 9,494 Posts
1,060 Reputation
ikonoklast
05-09-2023 at 07:19 AM.
05-09-2023 at 07:19 AM.
Quote from iBoo :
All these negative comments. The actual holding period is 30 days if you can get the initial funding on the 30th day. Then you hold from 30 to 60 days


You must make new deposit(s) of at least $15,000 in new money deposits (Direct Deposits, ATM/Branch Deposits, Mobile Check Deposit, ACH or Wires) within 30 days of account opening and thereafter maintain a balance of at least $15,000 until the 60th day after account opening.

If anyone wants to do the math, it's 60% Apy.

(0.60*15000)*(30/365)

Nice breakdown, ty!
1
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Joined Sep 2011
L4: Apprentice
> bubble2 411 Posts
30 Reputation
szefte
05-09-2023 at 08:44 AM.
05-09-2023 at 08:44 AM.
I have a couple of accounts at this bank. Not sure what to report....there is nothing wrong with them.

What's unique with them that I kinda like is the CS agents and people at the branch have a lot more discretion. Example, you can walk in and get a loan at better terms than online.

However, it seems that some people are reporting this is being utilized to deny bonuses which is absolutely shitty.
1
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