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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
367,453 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
367,453 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 Jan 2017
L3: Novice
> bubble2 247 Posts
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RoyGeeBiv
08-04-2023 at 12:27 PM.

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

08-04-2023 at 12:27 PM.
Worst bank ever.
2
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Joined Jan 2014
L2: Beginner
> bubble2 443 Posts
482 Reputation
moorheadhawk
08-04-2023 at 12:32 PM.
08-04-2023 at 12:32 PM.
US Bank denied my last signing bonus.
1
Reply
Joined Dec 2018
Master of my Own Domain
> bubble2 2,154 Posts
374 Reputation
HonestMammoth473
08-04-2023 at 12:36 PM.
08-04-2023 at 12:36 PM.
I have a sole propritorship and no EIN (not required and simplifies things). I opened the acct no problem, but a week later I got a nastygram from US Bank telling me if I didn't complete this tax form with EIN within 7 days they would freeze my account and withhold my funds indefinitely. I closed the acct and haven't gone back to these guys. I can earn a similar bonus elsewhere without concern that my own bank is going to hold my funds hostage.
1
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Joined Jun 2014
L4: Apprentice
> bubble2 400 Posts
130 Reputation
dnabrice
08-04-2023 at 12:36 PM.
08-04-2023 at 12:36 PM.
Quote from techie333 :
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!?!
They say it's new money. Why would it surprise you that a transfer of money from another USBank account wouldn't be new money???
1
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Joined Dec 2018
Master of my Own Domain
> bubble2 2,154 Posts
374 Reputation
HonestMammoth473
08-04-2023 at 12:39 PM.
08-04-2023 at 12:39 PM.
Quote from moorheadhawk :
US Bank denied my last signing bonus.

I often have problems with US Bank paying bonuses on my credit cards. They send me email with the promo, I take screenshots of everything, etc. Still, they accuse me of lying, fabricate reasons for denials, etc. Last year they told me that I was eligible for merchant offers on my personal account because I have an entirely separate business account. What??
Reply
Joined Aug 2010
Lvl 9 Wizard
> bubble2 1,359 Posts
615 Reputation
JohnRambo
08-04-2023 at 12:46 PM.
08-04-2023 at 12:46 PM.
Vital to copy your account number from last page of setup before closing the browser window. Otherwise you can't get online access to account, and it is a month plus nightmare to get it later.
1
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Joined Sep 2013
L5: Journeyman
> bubble2 681 Posts
162 Reputation
2deal
08-04-2023 at 12:55 PM.
08-04-2023 at 12:55 PM.
Quote from dnabrice :
They say it's new money. Why would it surprise you that a transfer of money from another USBank account wouldn't be new money???
You might want to read that again. Why would non US bank accounts not be new money?
Reply

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Joined Mar 2017
L3: Novice
> bubble2 119 Posts
101 Reputation
REDSM
08-04-2023 at 01:02 PM.
08-04-2023 at 01:02 PM.
Was not approved may be because I'm not a US citizen otherwise I gave all necessary details.
Reply
Joined Aug 2014
L5: Journeyman
> bubble2 655 Posts
54 Reputation
FreakinDealWithIt
08-04-2023 at 01:06 PM.
08-04-2023 at 01:06 PM.
Signed up for a similar offer with them a couple months ago. Deposited $5,000 with them. They hit me with a $6 charge because by default they enroll you in paper statements. So because my account had fallen under $5k for even a day they didn't pay the bonus. Pulled my money and closed the account. Not sure I can sign up again.
Reply
Joined Apr 2005
L10: Grand Master
> bubble2 13,072 Posts
4,375 Reputation
Pro
TidalWaveOne
08-04-2023 at 01:21 PM.
08-04-2023 at 01:21 PM.
Quote from Envycell :
Lol usbank is terrible
Worse than Chase?
Reply
Joined Apr 2005
L10: Grand Master
> bubble2 13,072 Posts
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TidalWaveOne
08-04-2023 at 01:24 PM.
08-04-2023 at 01:24 PM.
Quote from koge811 :
Just remember do not keep more than 250k in any bank. Fidic isn't suppose to bail out svb. But they chose to because they had friends bribing gov to do so.
Do you realize that if they didn't bail them out then that would have caused a huge movement of funds to the big banks that are "too big to fail" and would have probably put many/all of the smaller banks out of business because they would have collapsed?

$250K insurance is practically nothing for a business with more than a small number of employees. Sure, it might be fine for individuals but not businesses.
Reply
Joined Feb 2019
L3: Novice
> bubble2 135 Posts
14 Reputation
EagerTable734
08-04-2023 at 01:54 PM.
08-04-2023 at 01:54 PM.
decided to give this a shot. used CC to fund it and on the last page got "give us time to review. we will be in touch in 2 days"..
heh
Reply
Joined Jun 2021
L3: Novice
> bubble2 256 Posts
30 Reputation
Fyaking619
08-04-2023 at 01:54 PM.
08-04-2023 at 01:54 PM.
I'm broke, I wish I had $5k laying around. Lol
1
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Joined Oct 2009
L2: Beginner
> bubble2 41 Posts
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irishtech
08-04-2023 at 02:15 PM.
08-04-2023 at 02:15 PM.
What, the non-stop commercial airing of the idiot verifying with his usbank business rep they are now opening branches in California, that is showing in other states, isn't getting them enough new business accounts?
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Joined Dec 2018
Master of my Own Domain
> bubble2 2,154 Posts
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HonestMammoth473
08-04-2023 at 03:41 PM.
08-04-2023 at 03:41 PM.
Quote from TidalWaveOne :
Worse than Chase?
100%. I don't love Chase either, but I have had more trouble with US Bank than anyone else save Truist. Truist is worse. Wells Fargo is porobably 3rd on my s**t list.
2
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