Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Frontpage Advertiser Disclosure

U.S. Bank Smartly® Checking: Earn up to $400 When You Open New Accounts and Complete Qualifying Activities Expired

+12 Deal Score
60,577 Views
Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through October 31, 2024. Member FDIC.

Thanks to Staff Member EfficientGame645 for posting this deal.

Earn up to $400 with a new Bank Smartly Checking account.
Complete the following within 90 days of account opening:
  • Enroll in online banking or the U.S. Bank Mobile App
  • Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $200 or $5,000 or more to earn $400
U.S. Bank Smartly® Checking includes:
  • Fraud prevention
  • Security alerts
  • Manage cash easily in our #1 rated mobile app
  • Access to U.S. Bank Smart Rewards® to reap additional benefits
  • Mobile check deposit
  • U.S. Bank Visa® Debit Card
  • No fee overdraft protection transfers from a linked deposit account, $50 overdrawn Available Balance safety
  • threshold and Overdraft Fee Forgiven program
  • Direct deposit switch - We've made it easier than ever to switch direct deposit with our industry-leading, secure,
  • automated process
  • Complimentary Greenlight account
Fund your new acount within 30 days to start qualifying activities. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

Slickdeals may be compensated by U.S. Bank

Original Post

Written by
Edited November 1, 2024 at 02:23 PM by
Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through October 31, 2024. Member FDIC.

Earn up to $400 with a new Bank Smartly Checking account.
Complete the following within 90 days of account opening:
  • Enroll in online banking or the U.S. Bank Mobile App
  • Make two or more direct deposit(s) totaling $3,000 to $4,999.99 to earn $200 or $5,000 or more to earn $400
U.S. Bank Smartly® Checking includes:
  • Fraud prevention
  • Security alerts
  • Manage cash easily in our #1 rated mobile app
  • Access to U.S. Bank Smart Rewards® to reap additional benefits
  • Mobile check deposit
  • U.S. Bank Visa® Debit Card
  • No fee overdraft protection transfers from a linked deposit account, $50 overdrawn Available Balance safety
  • threshold and Overdraft Fee Forgiven program
  • Direct deposit switch - We've made it easier than ever to switch direct deposit with our industry-leading, secure,
  • automated process
  • Complimentary Greenlight account
Fund your new acount within 30 days to start qualifying activities. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

Slickdeals may be compensated by U.S. Bank
Created 09-27-2024 at 11:03 AM by EfficientGame645
in Finance U.S. Bank - Bank Advertiser
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+12
60,577 Views
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.

101 Comments

Your comment cannot be blank.

Featured Comments

Most BANKS use a system called Chex https://www.chexsystems.com/ to check your history related to deposit-accounts (checking, savings). Your Chex history has info like how many deposit accounts you had opened within the past 1 months, 3 months, 6 months, 12 months, 24 months. Some banks use the info to weed out the "churners". Some banks' criteria are stricter than others. Your Chex history also shows how many times you had overdrawn, wrote bad checks, etc. The BANKS don't really care about your credit history unless you're applying for credit cards. For some reasons, many Credit Unions pull your credit history even when applying for deposit accounts.

You can request a free copy of your Chex report from the link above. Here's sample of a Chex Report https://www.chexsystems.com/-/med...B8B1FB087C
US Bank is pretty lenient about which deposits are considered DDs. Lots of people on www.doctorofcredit.com [doctorofcredit.com] reported that ACH transfers from Ally, Chase, CapOne, etc were accepted as DDs to get the bonus. I just opened a US Bank Smartly Checking on 9/24/24 on a promo (expired 9/26) that gives $450 bonus for $8000+ total in DDs within 90 days. I pushed $4100 from Ally to US Bank on 9/26. Will do another one in early October.
$400 is a good bonus, but $5000/90 days in DD is a pretty high hurdle, but doable for me.

- Paid biweekly.
- Week 1-2: $0.01 from first paycheck just to make sure the direct deposit posts. (I always do that)
- Week 3-12: $1000 each from the next five paychecks.

84 days max. If that first penny doesn't post though, I'm screwed out of the $400.

Think I may go for the Truist deal instead. $500 in DD is easier.

Sign up for a Slickdeals account to remove this ad.

Joined Mar 2017
L10: Grand Master
> bubble2 8,745 Posts
1,859 Reputation
hpham_53
11-02-2024 at 02:44 PM.
11-02-2024 at 02:44 PM.
Quote from bede2k :
If that's the case, hopefully it holds and we get our bonuses.
Now I know why the guys on DoctorofCredit recommended that the two deposits both be made in the 1st month (US Bank pays out on 2nd Thursday of the following month ). But I opened my account on 9/24 and making two deposits totaling $8000+ by 9/30 to resemble "payrolls" would look to suspicious.
Reply
Joined Oct 2020
L3: Novice
> bubble2 182 Posts
40 Reputation
Pro
bede2k
11-07-2024 at 11:35 AM.
11-07-2024 at 11:35 AM.
Update: Yay, just got my 400 bonus posted as "Adjusted Interest" as of 11/7. I don't think you need to wait close to your paycheck cycle to do your direct deposit, as long as you do it correctly.

I opened my acc on the 10/2, made 2 "DD" of 3k and 2k same day by pushing from Cap 1. So it took exactly 1 month for the bonus to post, whereas when I did my Citibank one, it posted in about 10-14 days if I remember correctly. So it varies from bank to bank. Thanks again for all your help and info hpham_53 Embarrassment
Reply
Last edited by bede2k November 7, 2024 at 11:38 AM.
Joined Mar 2017
L10: Grand Master
> bubble2 8,745 Posts
1,859 Reputation
hpham_53
11-09-2024 at 05:09 AM.
11-09-2024 at 05:09 AM.
Quote from bede2k :
Update: Yay, just got my 400 bonus posted as "Adjusted Interest" as of 11/7.
Saw your post and checked yesterday 11/8 but didn't see my bonus. Checked today 11/9 and $450 Adjusted Interest was deposited overnight, dated 11/8. My offer was from a physical mailer, $450 bonus for $8000+ total DDs.
Reply
Last edited by hpham_53 November 9, 2024 at 05:50 AM.
Joined Oct 2020
L3: Novice
> bubble2 182 Posts
40 Reputation
Pro
bede2k
11-09-2024 at 01:10 PM.
11-09-2024 at 01:10 PM.
Quote from hpham_53 :
Saw your post and checked yesterday 11/8 but didn't see my bonus. Checked today 11/9 and $450 Adjusted Interest was deposited overnight, dated 11/8. My offer was from a physical mailer, $450 bonus for $8000+ total DDs.
I've had a citibank promo which I shortly closed the acc after receiving the bonus ($300). How would I go about filing my taxes if I can no longer access my account to get the tax document?
Reply
Joined Mar 2024
L6: Expert
> bubble2 1,446 Posts
185 Reputation
Pro
MemorableHose1597
11-09-2024 at 01:49 PM.
11-09-2024 at 01:49 PM.
Quote from bede2k :
I've had a citibank promo which I shortly closed the acc after receiving the bonus ($300). How would I go about filing my taxes if I can no longer access my account to get the tax document?

I wouldn't worry about 300. Seems small in sum of things
Reply
Joined Oct 2020
L3: Novice
> bubble2 182 Posts
40 Reputation
Pro
bede2k
11-09-2024 at 03:14 PM.
11-09-2024 at 03:14 PM.
Quote from MemorableHose1597 :
I wouldn't worry about 300. Seems small in sum of things
So what about the 400 from US bank? And assuming I'm doing Wells Fargo as well, another 325.

300 from Citibank
400 from US Bank
325 from Wells Fargo

Would that matter? Or since they are such smaller amounts I won't need to report them at all?
Reply
Joined Mar 2017
L10: Grand Master
> bubble2 8,745 Posts
1,859 Reputation
hpham_53
11-09-2024 at 03:18 PM.
11-09-2024 at 03:18 PM.
Quote from bede2k :
I've had a citibank promo which I shortly closed the acc after receiving the bonus ($300). How would I go about filing my taxes if I can no longer access my account to get the tax document?
Most financial institutions keep your login active for a while even after your account was closed. so that you can retrieve tax documents and old statements. If they completely shut off your account including online access, they usually will mail you the 1099-INT by Jan 31 the following year.
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Mar 2017
L10: Grand Master
> bubble2 8,745 Posts
1,859 Reputation
hpham_53
11-09-2024 at 03:28 PM.
11-09-2024 at 03:28 PM.
Quote from bede2k :
Would that matter? Or since they are such smaller amounts I won't need to report them at all?
The IRS requires the banks/CUs to send you a 1099 if the amount is $10 or more.
https://www.irs.gov/forms-pubs/ab...m-1099-int

By tax laws, you're supposed to report all interest/bonus income, big or small even when you didn't receive a 1099 form for it. In your example, the aggregate amount of those 3 bonuses is over $1000, that's not a small amount to skip reporting.
Reply
Last edited by hpham_53 November 9, 2024 at 04:14 PM.
Joined Oct 2020
L3: Novice
> bubble2 182 Posts
40 Reputation
Pro
bede2k
11-09-2024 at 07:00 PM.
11-09-2024 at 07:00 PM.
Quote from hpham_53 :
The IRS requires the banks/CUs to send you a 1099 if the amount is $10 or more.
https://www.irs.gov/forms-pubs/ab...m-1099-int [irs.gov]

By tax laws, you're supposed to report all interest/bonus income, big or small even when you didn't receive a 1099 form for it. In your example, the aggregate amount of those 3 bonuses is over $1000, that's not a small amount to skip reporting.
That's what I figured. Suppose I somehow don't have the 1099 form or can't get a hold of it, I just tell my tax preparer how much I made from each bank's promo?
Reply
Joined Mar 2017
L10: Grand Master
> bubble2 8,745 Posts
1,859 Reputation
hpham_53
11-10-2024 at 05:16 AM.
11-10-2024 at 05:16 AM.
Quote from bede2k :
Suppose I somehow don't have the 1099 form or can't get a hold of it, I just tell my tax preparer how much I made from each bank's promo?
You can save/print out the monthly statement from each bank that shows the bonus being paid. I do a lot of bank deals (15 to 20 each year) and have a spreadsheet to keep track of payers, amount, date paids, etc. It helps me to keep things straight.
Reply
Joined Mar 2024
L6: Expert
> bubble2 1,446 Posts
185 Reputation
Pro
MemorableHose1597
11-13-2024 at 03:25 AM.
11-13-2024 at 03:25 AM.
Keybank gave the $300 today exactly 14 days from deposit if anyone wants to grab that 300 bonus
Reply
Joined Mar 2006
L6: Expert
> bubble2 1,891 Posts
966 Reputation
moon_2100
11-14-2024 at 08:26 PM.
11-14-2024 at 08:26 PM.
Got my Bonus as well. Opened account on 9/16/24. Completed 2 qualifying deposits ( 1 Payroll and another transfer from chase) by 10/2/24. Bonus posted on 11/14/24 as adjusted income.
Reply
Joined Nov 2019
L3: Novice
> bubble2 114 Posts
18 Reputation
AlwaysBePirate
12-14-2024 at 04:08 AM.
12-14-2024 at 04:08 AM.
Bonus promptly paid out on second Thursday of following month once qualifying deposits were made. What is even better closing an account was a brief. Can do it over the phone, no wait, very wonderful rep and no runaround.
Reply
Page 7 of 7
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.