U.S. Bank Bonus Offers: Up to $1,200 for Opening New Accounts

Most products on this page are from partners who may compensate us. This may influence which products we write about and where and how they appear on the page. However, opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain. This page may include information about American Express products currently unavailable on Slickdeals. American Express is not a partner of Slickdeals.

Those who are looking for a new bank, but also want a little something extra for switching, may find a friend in U.S. Bank (Member FDIC). New customers who complete qualifying transactions have two offers to choose from: a consumer account offer worth up to $400 and a business account offer worth up to $1,200.

Here's what you need to know about each of these limited-time offers.

$400 U.S. Bank Offer

You can earn up to $400 when you open a new U.S. Bank Smartly® Checking account (Member FDIC), then complete the required activities. But you’ll need to act quickly—this offer is only available for a limited time, through .

How to Earn the $400 Consumer Offer

The current U.S. Bank offer requires customers to open a U.S. Bank Smartly® Checking account to earn $400.

Here’s how to earn $400:

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 February 4, 2026. 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 - $4,999.99 to earn $200, $5,000 or more to earn $400.

Get started with an initial deposit of $25 within 30 days. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

$1,200 U.S. Bank Business Checking Offer

Through March 31, 2026, new U.S. Bank Business Checking customers can earn between $400-$1,200. The amount you earn depends on which account you choose to open, and you'll need as much as $25,000 on-hand to qualify for the maximum bonus amount.

How to Earn the Full $1,200 Business Checking Offer

If you're interested in earning this bonus, you'll need to open an eligible U.S. Bank Business Checking account and complete several qualifying actions.

Here’s how to earn U.S. Bank's Business Checking offer

Promo code Q1AFL26 MUST be used when opening a U.S. Bank Business Essentials® or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

To earn a business checking bonus, open a qualifying U.S. Bank business checking account between 1/15/2026 and 3/31/2026. Make the required deposit(s) in new money within 30 days of account opening, maintain the same required daily balance through the 60th day, and complete 6 qualifying transactions based on posted date within 60 days of account opening.

Bonus Options

Business Essentials: $400 bonus with $5,000 new money deposits, daily balance, and 6 qualifying transactions.

Platinum Business Checking: $1,200 bonus with $25,000 new money deposits, daily balance, and 6 qualifying transactions.

Qualifying U.S. Bank Business Checking Accounts

Account	Intro Bonus	Monthly maintenance fee	Learn More
U.S. Bank Business Essentials Account Open Account	$400Expires March 31, 2026 More Info Earn a $400 bonus when you open a U.S. Bank Business Essentials Account or $1,200 when you open a Platinum Business Checking Account online with promo code Q1AFL26 and complete qualifying activities, subject to certain terms and limitations. Offer valid through March 31, 2026. Member FDIC.	$0	Open Account
U.S. Bank Platinum Business Checking Account Open Account	$1,200Expires March 31, 2026 More Info Earn a $400 bonus when you open a U.S. Bank Business Essentials Account or $1,200 when you open a Platinum Business Checking Account online with promo code Q1AFL26 and complete qualifying activities, subject to certain terms and limitations. Offer valid through March 31, 2026. Member FDIC.	$30 with option to waive More Info You can waive this account's monthly maintenance fee with one of the following: $25,000 average collected checking balance or $75,000 combined average collected business deposits and outstanding business credit balances.	Open Account

^{Qualifying transactions include debit card purchases, ACH and wire credits or debits, Zelle credits or debits, U.S. Bank Mobile Check Deposit, electronic or paper checks, Bill Pay (excluding payments made by credit card), and payment received via U.S. Bank Payment Solutions. Other transactions, such as person-to-person payments, credit card transfers, or transfers between U.S. Bank accounts, are not eligible.}

^{New money is defined as funds from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees may reduce the required daily balance during the qualifying period.}

^{Bonus will be deposited into your new eligible U.S. Bank business checking account within 30 days after the month-end in which all offer requirements are met, provided the account remains open with a positive available balance.}

^{Offer may not be combined with other business checking bonus offers. Existing businesses with a business checking account or had one closed within the past 12 months, do not qualify.}

^{All regular account-opening procedures apply. For full checking account pricing, terms and policies, refer to your Business Pricing Information, Business Essentials Pricing Information, and YDAA disclosure. These documents are available at any U.S. Bank branch or by calling 800.872.2657.}

^{Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice.}

^{Member FDIC.}

U.S. Bank Account Fees

If you’re interested in these promotions, you may need to open at least one account that carries a monthly fee. The following U.S. Bank accounts fall into this category:

U.S. Bank Smartly® Checking
U.S. Bank Platinum Business Checking

Luckily, there are ways to waive the fee for this account, but it’s a good idea to make sure you qualify for the fee waiver before attempting to earn the offer. If not, you may wind up bringing down the overall value of the bonus by paying $30+ in fees.

How to Waive the Monthly Fees for These Accounts

The U.S. Bank Smartly® Checking account monthly fee is $12. To get this waived, you need to do one of the following:

Have combined monthly direct deposits totaling $1,500 or more
Keep a minimum average account balance of $1,500 or more
Owner of an eligible Small Business Checking account
Is part of one of the following customer groups: Youth, Young Adult, Senior, Military, and more
Customer is in Smart Rewards® Gold Tier or Above
Owner of a U.S. Bank Smartly™ Visa Signature® Card

In regards to its customer groups, U.S. Bank defines Senior as age 65 or older. Youth and Young Adults are 13-24 years of age.

Be sure to read through the terms and conditions for this account to make sure it’s right for your financial situation.

This account comes with the bank’s standard features, which include options for online and mobile banking, as well as a U.S. Bank Visa® Debit Card.

The U.S. Bank Platinum Business Checking Account has a $30 monthly service fee, the largest of the bunch. To waive this fee, meet one of the following criteria:

$25,000 average collected checking balance
$75,000 combined average collected business deposits and outstanding business credit balances

Are These Offers Right for You?

It’s rarely a good idea to open a bank account just to earn some extra cash. Still, if you’re looking for a new bank to do business with, then U.S. Bank may be right for you.

Not only does it offer a wide range of financial products beyond checking accounts, but the bank also has physical branches, 24/7 phone support and an online and mobile banking platform. Yet big banks are often known for charging lots of expensive fees, and U.S. Bank is no exception. You’ll find free checking accounts in the marketplace without monthly maintenance fees—some of which earn interest and also offer cash bonuses. So, compare products with multiple banks before deciding what’s best for your personal finances.

Louie Patterson

Louie Patterson is a Finance Content Manager who specializes in banking topics such as account bonuses and CDs. With over seven years of professional editorial experience, their work has appeared in several publications, including USA Today and Consumer Affairs.