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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
367,713 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
367,713 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 Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-28-2023 at 08:32 AM.
06-28-2023 at 08:32 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)
The term says "maintain your balance for 60 days after the account opening." not "maintain a balance until the 60 days after account opening". Are you sure you are reading this right? With you logic i can depot 15K on 29th from the account opening and withdraw 15K on 61th day and expect 750$ bonus.
Reply
Joined Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-28-2023 at 06:18 PM.
06-28-2023 at 06:18 PM.
Quote from sako_hopar :
Keep in mind, most banks I know conduct a full credit check on you when opening a business transaction account.

No credit check. I opened two accounts yesterday.
Reply
Joined Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-28-2023 at 06:45 PM.
06-28-2023 at 06:45 PM.
Quote from united :
Can someone help thsi is correct?
1. Open the account with $3000 funded from cc on day 1; (this doesno't count as part of 15000 deposit)
2. withdraw $2900 through another bank;
3. fund $15000 through ACH from another bank before day 30;
4. keep the fund till day 60.
5. withdraw $15000 and keep $100 waiting for bonus.
Thanks

The tens says funds has to stay in account for 60 days. If you find 15K on 29th day than it won't be total 60 days.
Reply
Joined Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-28-2023 at 06:54 PM.
06-28-2023 at 06:54 PM.
Quote from dmad :
Ditto!

$600 hit my account yesterday after meeting direct deposits of 15k per the offer I enrolled in.

Did you leave funds for 60 days in account? How long did you have to wait for bonus to be deposited? Did you withdraw 15K right after 60 days or waited for bonus?
Reply
Joined Dec 2007
L5: Journeyman
> bubble2 769 Posts
233 Reputation
Jon2288
06-29-2023 at 05:02 AM.
06-29-2023 at 05:02 AM.
Anyone know where you submit the code?
Reply
Joined Nov 2007
L9: Master
> bubble2 5,531 Posts
1,919 Reputation
boazb
06-29-2023 at 07:56 AM.
06-29-2023 at 07:56 AM.
I tried to open this account, but they said that they have no branches on the East Coast and you can only open an account if you are within 50 miles of a branch.
Reply
Joined Jan 2014
L2: Beginner
> bubble2 67 Posts
22 Reputation
tekno256
06-29-2023 at 09:05 AM.
06-29-2023 at 09:05 AM.
Tried to do an external transfer (after verification), but they locked my account up to 48 hours. I called and verified my info, but customer service CANNOT do anything about unlocking my account. This process has been a headache and I can't even access my money - this deal ain't worth the trouble.
Reply

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Joined Aug 2010
B!tch Please
> bubble2 6,106 Posts
625 Reputation
Truth-Serum
06-29-2023 at 10:10 AM.
06-29-2023 at 10:10 AM.
Quote from boazb :
I tried to open this account, but they said that they have no branches on the East Coast and you can only open an account if you are within 50 miles of a branch.

Thanks for saving me the time. I'm also on the east coast
Reply
Joined Sep 2017
L5: Journeyman
> bubble2 939 Posts
79 Reputation
C.G
06-29-2023 at 05:48 PM.
06-29-2023 at 05:48 PM.
I assume you don't need to activate the debit card to get the bonus? I'd rather leave it unless it's a requirement
Reply
Joined Sep 2018
L3: Novice
> bubble2 117 Posts
44 Reputation
frankribera
06-29-2023 at 05:52 PM.
06-29-2023 at 05:52 PM.
Does zelle count as a deposit ?
Reply
Joined Sep 2007
L6: Expert
> bubble2 1,796 Posts
1,455 Reputation
ericfw
06-29-2023 at 07:09 PM.
06-29-2023 at 07:09 PM.
Quote from Vinviral :
The term says "maintain your balance for 60 days after the account opening." not "maintain a balance until the 60 days after account opening". Are you sure you are reading this right? With you logic i can depot 15K on 29th from the account opening and withdraw 15K on 61th day and expect 750$ bonus.
The Disclosure provides clearer info: " thereafter maintain a balance of at least $5,000 until the 60th day after account opening."
Reply
Joined Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-30-2023 at 04:51 AM.
06-30-2023 at 04:51 AM.
Quote from Truth-Serum :
Thanks for saving me the time. I'm also on the east coast

I opened two accounts yesterday online. I live in Philly
Reply
Joined Aug 2020
L2: Beginner
> bubble2 96 Posts
Vinviral
06-30-2023 at 04:55 AM.
06-30-2023 at 04:55 AM.
Quote from ericfw :
The Disclosure provides clearer info: " thereafter maintain a balance of at least $5,000 until the 60th day after account opening."

So you have to leave funds in account for at least 60 days right?
Reply
Joined Nov 2010
L4: Apprentice
> bubble2 399 Posts
154 Reputation
bigemu1
06-30-2023 at 08:41 AM.
06-30-2023 at 08:41 AM.
I read the terms and I don't see anything about U.S. Bank requiring me to keep the account open after the bonus is received (like Chase does).

Can anyone confirm that is correct?
Reply

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Joined Apr 2010
L2: Beginner
> bubble2 27 Posts
14 Reputation
traylor
06-30-2023 at 10:26 AM.
06-30-2023 at 10:26 AM.
Quote from tekno256 :
Tried to do an external transfer (after verification), but they locked my account up to 48 hours. I called and verified my info, but customer service CANNOT do anything about unlocking my account. This process has been a headache and I can't even access my money - this deal ain't worth the trouble.

Yeah they closed my account five days after initiating a $2500 transfer. I guess I'll just wait to get it back. I've had nothing but bad experiences with US bank
Reply
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