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.
- Earn $1,200 when you open a Platinum Business Checking Account package
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.
