Updated December 15, 2024

U.S. Bank Checking Account Bonus: December 2024

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Get a bonus when you open a new account with U.S. Bank. Learn more about their bonuses to kick-start your banking journey.

U.S. Bank Checking Account Bonus:
  1. U.S. Bank Smartly® Checking: Up to $450 Bonus
  2. Silver Business Checking account: $400 Bonus
  3. Platinum Business Checking account: $900 Bonus

U.S. Bank frequently offers limited-time bonuses when you open a new personal or business banking account.

Find out their current promotions and the requirements.

What Is a U.S. Bank Checking Bonus?

U.S. Bank checking bonuses are typically limited-time promotions for new customers. You get a cash reward after meeting the offer requirements.

They often have promotions for the US Bank Smartly® Checking account. Sometimes, it's paired with a Bank Smartly® Savings promotion where you can earn more if you open both bank accounts. There are also frequent bank account bonuses for their business checking accounts.

Have you previously opened a checking account with a bonus offer?

The offers are limited-time and the bonus amount differs with each offer. So if you happen to see a big one and you're in the market for a new bank account, snatch it up before it's gone.

Also known as U.S. Bancorp, U.S. Bank is one of the largest commercial banks based in Minneapolis. It was founded in 1863 as the First National Bank of Cincinnati. Over the years, U.S. Bank has expanded its reach to over 2,900 branches in the West and Midwest.

Bonus Details

Here are the current US Bank checking account bonuses and how to get them:

U.S. Bank Smartly® Checking - Up to $450 Bonus

Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through December 30, 2024. Member FDIC.

Earn up to $450 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 deposits(s) totaling $2,000 to $4,999.99 to earn $250, $5,000 to $7,999.99 to earn $350 or $8,000 or more to earn $450.

Fund your new account 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.

Learn More

Fine Print

While the exact requirements may vary based on the current bank promotion, they usually include the following:

  • You cannot have an existing U.S. Bank consumer checking account, had a U.S. Bank consumer checking account in the last two years, or received other U.S. Bank bonus offers within the past two years.

  • You must use the corresponding promo code at account opening.

    The promo code will be automatically applied for you if you use our offer link. If you apply on a different page, you'll need to manually enter the promo code.

  • You must enroll in the U.S. Bank Mobile App or online banking within 90 days of opening your account.

  • A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, from your employer or the government. Other electronic deposits or person-to-person payments are not considered a direct deposit.

  • New money is considered money that is new to the customer or new to U.S. Bank where funds are coming from outside U.S. Bank.

  • Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes.

  • Limit one checking and savings bonus per eligible account. Offer may not be combined with any other checking or savings account bonus offers.

Keep in mind that eligibility guidelines may vary with different offers, so it is advisable to refer to the particular offer when it comes out.

How to Open a US Bank Checking Account

  1. Start your application using the links provided, so the promo code will be applied.

  2. Fill out the form by providing basic personal information (name, SSN or EIN, email and phone number).

  3. Fund your account with an initial deposit (typically $25 for a US Bank Smartly® Checking account).

Which is your most important consideration when choosing a checking account?

U.S. Bank Smartly® Checking Account

This is U.S. Bank's personal checking account that comes with lots of cool features like:

  • Free ATM access at US Bank ATMs & no surcharges at MoneyPass® Network ATMs
  • No overdraft fees for overdrafts $50 or less
  • Overdraft Fee Forgiven program for overdrafts over $50
  • Free credit report
  • Budgeting tools and goal tracker in the U.S. Bank Mobile App
  • Complimentary access to Greenlight's debit card and money app.

It has a monthly fee of $6.95, which can be waived by fulfilling one of the following:[1]

  • Have combined monthly direct deposits totaling $1,000 or more
  • Keep average account balance of $1,500 or more
  • Hold an eligible U.S. Bank credit card
  • Qualify for one of the four Smart Rewards™ tiers (Primary, Plus, Premium or Pinnacle)
  • Are age 24 or under, 65 and over, or a member of the military (must self-disclose)

Is U.S. Bank Checking Bonus Worth It?

Aiming for a U.S. Bank checking bonus can be a worthwhile endeavor for several reasons. One is, if you are already in the market for a new checking account, getting one with a free money opportunity seems an obvious choice.

Second, earning the best bank bonuses typically involves actions that align with everyday banking activities, such as receiving direct deposits, or making debit card purchases.

If you're employed, switching your direct deposit can be easily accomplished using U.S. Bank's automated setup.

Lastly, the bonus can double as a bank savings account boost. Even if Smartly® Checking has a monthly fee (waivable by the way), the bonus can still be substantial enough to pass up. Besides, a checking balance of a few thousand dollars would hardly earn interest amounting to the bank bonus anyway.

Can I apply for multiple U.S. bank promotions?
It's usually not possible to get more than one U.S. Bank bonus offer at a time. The bonus often requires not having a U.S. Bank consumer checking account or having received other U.S. Bank consumer checking bonus offers within the past 12 or 24 months.

Checking Account Bonus Alternatives

FAQs

Does U.S. Bank offer free checking?
U.S. Bank does not offer a free checking account. But you can avoid monthly fees with a U.S. Bank Smartly® Checking Account with at least $1,000 in monthly direct deposits. It's also automatically waived for the military and those 24 and under or 65 and over.

How do I get $400 from U.S. Bank?
You can get $400 or more from U.S. Bank whenever they have promotional bank bonuses for new accounts. These are typically limited-time offers so best to act on them when they are available.

Does U.S. Bank offer a referral bonus?
There is no known U.S. Bank referral bonus. Instead, the bank publishes checking and credit card bonuses from time to time.

How do I get a U.S. Bank checking account?
You can get a U.S. Bank checking account by applying online or in person. Present your SSN and any government-issued ID, like a driver's license. Prepare to make an initial deposit of $25 as well.

What are U.S. Bank rewards?
U.S. Bank's Smart rewards are tiered incentives based on your total banking relationship with U.S. Bank. The higher your balances in your deposits and investments, the more perks you are entitled to, such as fee waivers.

Bottom Line

U.S. Bank checking bonuses don't stick around forever. So, if you want to make your checking a little more extra, don't hesitate to snatch one up.

References

  1. ^ U.S. Bank. Consumer Pricing Information, Retrieved 12/02/2024
US Bank
Member FDIC

U.S. Bank Smartly® Checking - Up to $450 Bonus

Expires in 4 days
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through December 30, 2024. Member FDIC.

Earn up to $450 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 deposits(s) totaling $2,000 to $4,999.99 to earn $250, $5,000 to $7,999.99 to earn $350 or $8,000 or more to earn $450.

Fund your new account 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.

Chase
Member FDIC

Chase Total Checking® - $300 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
  • With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • JPMorgan Chase Bank, N.A. Member FDIC
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
Bank of America
Member FDIC

Bank of America Advantage Banking - $300 Bonus Offer

Expires 1/31/2025
  • The $300 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 01/31/2025.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
Discover Bank
Member FDIC

Discover® Online Savings - $200 Cash Bonus

Expires 3/13/2025

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY924 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers, including co-branded, or affinity accounts. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 03/13/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding your Account, see FAQs on Discover.com/Bank. See advertiser website for full details.

CIT Bank
Member FDIC

CIT Bank Platinum Savings - 4.35% APY

  • 4.35% APY with a balance of $5,000 or more
  • 0.25% APY with a balance of less than $5,000
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC

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Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

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