U.S. Bank $400-$1,500 Business Checking Bonus

Update 4/3/26: $1,500 offer still seems to be active with code Q2BUS26. Valid until 6/30/26. Hat tip to reader Sergey

Update 1/15/26: $400/$1200 is extended through March 31, 2026 with promo code Q1AFL26. Requires six qualifying transactions now. $1,500 still active apparently? with promo code Q1BUS26

Update 11/19/25: There’s now a public link to the $1,500 bonus, this one shows promo code Q4SFS25. It’s a State Farm-branded deal, but should work as a public offer for anyone. The lower tiers are better as well at $900 with $10k and $500 with $5k. (ht reader KT) Update: seems that link errors out eventually if you don’t use State Farm. Might still be possible with the promo code discussed here.

Update 10/16/25: Might be possible to get $1,500 as well.

Update 10/1/25: $1,000 bonus has been increased to $1,200. 

Offer at a glance

• Maximum bonus amount: $1,200
• Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
• Direct deposit required: None
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Mixed data points
• Credit card funding: Can fund up to $3,000 with a credit card
• Monthly fees: None with paperless statements
• Early account termination fee: None
• Household limit: None
• Expiration date: January 14, 2026

The Offer

Direct link to offer

• U.S. Bank is offering a bonus of up to $1,200 when you open a new business checking account when you use promo code Q4AFL25
  • Earn $1,200 when you open a Platinum Business Checking Account package
    • Deposit at least $25,000 in new money within 30 days of account opening
    • Maintain at least that balance for 60 days after opening the account
    • Complete 6 qualifying transactions.
  • Earn $400 when you open a Silver Business Checking Account package
    • Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
    • Maintain at least that balance for 60 days after opening the account
    • Complete 6 qualifying transactions.

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

• Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
• Platinum account has a $30 monthly fee, this is waived if you
  •  An active U.S. Bank Payment Solutions Merchant Account or
  • $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances

Early Account Termination Fee

There is no early account termination fee to worry about

Our Verdict

Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.

Hat tip to reader Jack

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times

Post history:

• Update 7/1/25: This has been extended to September 30, 2025. $900 bonus is now $1,000. $500 bonus down to $400
• Update 4/6/25: extended to 6/30/25. Promo code: Q2AFL25
• Update 1/18/25: Extended to March 31, 2025. Lowest tier is now $500 (was $400). $900 bonus now only requires a $25,000 bonus instead of $30,000.