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U.S. Bank: Earn up to $900 When You Open a Business Checking and Complete Qualifying Activities

+9 Deal Score
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U.S. Bank offers up to a $900 bonus when you Open an Eligible Business Checking Account using promo code Q4AFL24 and make a deposit Totaling $5,000+ or $30,000+ within 30 days of opening your account. Must maintain your balance for 60 days after the account opening to earn your bonus. Offer valid through January 15, 2025. Member FDIC.

Offer Instructions:
  • Promo code Q4AFL24 MUST be used when opening a U.S. Bank Silver, Platinum, or Business Essentials (Available in AZ, NV, CO, NM, OH, IN, KY and TN) Business Checking account. Limit of one Business Checking bonus per business.
    • A $100 minimum deposit is required to open one of the referenced accounts.

Earn your $400 when you deposit at least $5,000
  • Earn up to $400 Business Checking bonus by opening a new U.S. Bank Silver Business Checking or Business Essentials (not available in all markets) account between 10/1/2024 and 1/15/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening.

Earn up to $900 when you deposit at least $30,000
  • Earn up to $900 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 10/01/2024 and 1/15/2025. You must make deposit(s) of at least $30,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $30,000 until the 60th day after account opening.

Slickdeals may be compensated by U.S. Bank
Created 10-11-2024 at 01:23 PM by EfficientGame645
in Finance (2) U.S. Bank - Bank Advertiser
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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.

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Joined Oct 2005
L3: Novice
> bubble2 237 Posts
24 Reputation
handogg
11-18-2024 at 09:57 AM.
11-18-2024 at 09:57 AM.
I too feel I should chime in as I've never had a problem w/ this bank..

For those who have been screwed over, is there no government agency you can complain to? Attorney General?

I complained to attorney general over paypal holding my money.. it was released the next day!!
Reply
Joined Nov 2004
Nor Cal
> bubble2 2,379 Posts
406 Reputation
dmdvfl
11-25-2024 at 12:04 PM.
11-25-2024 at 12:04 PM.
Wow, I was going to give it a try until I read all the negative comments. Thanks for all the warnings.
Reply
Joined Jul 2019
New User
> bubble2 1 Posts
10 Reputation
Rose6668
11-26-2024 at 03:47 PM.
11-26-2024 at 03:47 PM.
Better off actually investing the money. They making more out of that $30k
Reply
Joined Nov 2022
Tastemaker
> bubble2 484 Posts
76 Reputation
Pro
thenewdesign
11-28-2024 at 02:36 PM.
11-28-2024 at 02:36 PM.
This is a scam. I did it and fulfilled all of their requirements, as well as confirmed and documented w/ multiple phone reps on their end that I had, and had them add that to their account notes. Every time I'd call back to check on my reward they said it was coming, but it never did, and eventually they just stopped responding to my emails. Ultimate point of failure there who I was escalated to that ended up just not responding was:

Jeremiah M Delacruz,
Customer Care Specialist
(651) 466-6596

Looking through our email the last messages were photos and screenshots of all of the evidence

Avoid US Bank at all costs!!!
Reply
Joined Jan 2008
King of Deals!
> bubble2 3,020 Posts
5,596 Reputation
Pro
Tinkleondabeach
12-13-2024 at 10:19 PM.
12-13-2024 at 10:19 PM.
Can I qualify if I got signup promo and closed a smartly checking earlier this month?
Reply
Joined Jan 2008
King of Deals!
> bubble2 3,020 Posts
5,596 Reputation
Pro
Tinkleondabeach
12-13-2024 at 10:19 PM.
12-13-2024 at 10:19 PM.
Quote from thenewdesign :
This is a scam. I did it and fulfilled all of their requirements, as well as confirmed and documented w/ multiple phone reps on their end that I had, and had them add that to their account notes. Every time I'd call back to check on my reward they said it was coming, but it never did, and eventually they just stopped responding to my emails. Ultimate point of failure there who I was escalated to that ended up just not responding was:

Jeremiah M Delacruz,
Customer Care Specialist
(651) 466-6596

Looking through our email the last messages were photos and screenshots of all of the evidence

Avoid US Bank at all costs!!!

Bbb can help you escalate
Reply
Joined Jan 2008
L6: Expert
> bubble2 1,508 Posts
409 Reputation
firstrival
12-13-2024 at 10:33 PM.
12-13-2024 at 10:33 PM.
I was also screwed out of the bonus by US Bank. They said the promo wasn't attached to my application. I know it was and even took screenshots. They refused. Crap company.
Reply

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Joined Nov 2022
Old enough to be an honor
> bubble2 623 Posts
84 Reputation
CleverCreature256
12-14-2024 at 06:54 AM.
12-14-2024 at 06:54 AM.
Quote from WolfTheCat :
Not sure, try it and find out.

If not, you can get an EIN (Employer Identification Number - basically a SSN for businesses) for free from the IRS website. Just make up a company name and register it as a sole proprietorship.

Disadvantage of that is that it becomes IRS record, and you may get mail from the IRS asking about who you have hired, looking for payroll taxes. So, some extra mail, but it's perfectly legal to have an EIN for a "planned" proprietorship that never becomes a real business, hires anyone, or has to pay taxes of any kind. You can just tell them you never opened the business, sold anything, or hired anyone.

This could also potentially (but I would not recommend) make the deal churnable, because it's one bonus, lifetime, per BUSINESS. You can get another EIN and fail-to-start another business. I wouldn't try that though without a new address or something to obfuscate it's the same folks, and transferring money in from a different source. US Bank would likely get very salty about churning the bonus this way.

The other issue is in some jurisdictions, you may be in trouble if you do not also obtain the necessary business license. Thou I've only seen it when people are running an actual business account out of their home.
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Joined Apr 2008
L5: Journeyman
> bubble2 580 Posts
36 Reputation
Roy167
12-14-2024 at 07:02 AM.
12-14-2024 at 07:02 AM.
I had open P1/P2 account to receive $800 for each. Did not receive the bonus after 3 months so filed a complain with CFPB, received the bonus in next couple of days, not sure if that was just coincidence or what? definately not like Chase when paying bonus especially on checking and saving products, on credit cards, they pay quickly. Faster than other banks. I think I wont be eligible again for next 12 months otherwise I would give it a shot. I will be closing the accounts on Monday. I cant complain too much as I have snagged it enough over the years and they have been tightening scrwes.
Reply
Joined Oct 2010
L10: Grand Master
> bubble2 6,348 Posts
1,389 Reputation
YanksIn2009
12-14-2024 at 07:14 AM.
12-14-2024 at 07:14 AM.
Quote from FreedomDeals :
I got my US bank bonus for their credit card, is their bank really that bad? I mean all banks are pretty terrible but still some are worth the risk,

You risk like $250 in interest for this as they pay 0% sadly

In my limited experience, their Credit cards are OK and they pay out the bonuses on them but as many others have said, their bank accounts\bonuses are a joke imo. They never paid out a checking account bonus I had with them even after calling. Closed the account. They are not worth the effort imo and I compare them to Chase in that respect (maybe worse) as they look for ways to not pay or just give you the run around until you give up imo.

My 2 cents.
Reply
Joined Dec 2007
Veteran
> bubble2 950 Posts
572 Reputation
The Beast
12-14-2024 at 08:36 AM.
12-14-2024 at 08:36 AM.
Better deal is $400 bonus. You can fund up to $3,000 using a credit card. Used my Venture X and it coded as a purchase. Great for meeting sign-up bonuses.
Reply
Joined Jan 2014
L2: Beginner
> bubble2 48 Posts
10 Reputation
PhilH3927
12-14-2024 at 05:23 PM.
12-14-2024 at 05:23 PM.
Quote from Aogen :
I don't have a business. Can I just use my name and SSN.

No you have to have an EIN# (Employer Identification number) to open a business account 😔
Reply
Joined Jan 2019
L6: Expert
> bubble2 1,036 Posts
148 Reputation
MemorableStew1728
12-14-2024 at 06:41 PM.
12-14-2024 at 06:41 PM.
Quote from Tinkleondabeach :
Can I qualify if I got signup promo and closed a smartly checking earlier this month?

Read the fine print

This is for business account. You can have personal account concurrently and do bonus there separately. So answer should be, yes
Reply
Joined Jan 2019
L6: Expert
> bubble2 1,036 Posts
148 Reputation
MemorableStew1728
12-14-2024 at 06:43 PM.
12-14-2024 at 06:43 PM.
People been having all sorts of trouble with bank account bonuses here, I see. Calling it a sham and fraud, etc. They're not. I've done them at Chase, US Bank, Regions, WF, all of em. Never had a problem. You gotta do your research, though, and stay on top of it. Take screenshots and confirm promo code applied once account opened even

Definitely go look at doctor of credit pages for each deal. Lots of relevant, timely information about how to maximize utility there

For instance, did a cashback portal 325 one with Sofi last month and also got their 300 direct deposit bonus. Worthwhile? Absolutely

But ya gotta know what you're doing. The first deposit for qualifying for the cashback portal bit had to be above a certain amount, for instance
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Joined Jan 2019
L6: Expert
> bubble2 1,036 Posts
148 Reputation
MemorableStew1728
12-14-2024 at 06:54 PM.
12-14-2024 at 06:54 PM.
Quote from PhilH3927 :
No you have to have an EIN# (Employer Identification number) to open a business account 😔

You can open with just an SSN as a sole prop. Also do business bank accounts that way
Reply
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