U.S. Bank Promotions: $100, $400 Checking, Savings Bonuses [Many States]

Find the latest listing of US Bank promotions, bonuses, and offers here.

Currently, US Bank is offering up to $500 bonus for opening a new checking & savings account.

They have locations in the following states: AR, AZ, CA, CO, GA, IA, ID, IL, IN, KS, KY, MN, MO, MT, ND, NE, NM, NV, OH, OR, SD, TN, UT, WA, WI, and WY.

For more options, compare U.S. Bank Promotions to offers from Chase Bank, HSBC, Huntington Bank, Discover Bank, TD Bank, BBVA, CIT Bank, Bank of America, or our list of the best bank bonuses.

US Bank Promotions Review

Established in 1863, U.S. Bank is the 4th largest bank in the nation when ranked by the number of branches, with over 3,000 locations. US Bank offers money-saving benefits, option to receive interest and many extra perks, a wide array of locations across the nation, and much more.

• Bonus Links:
  • $400/$100 Checking & Savings Bonus (Expires 12/14/2020)
• Account Type: Personal Checking, savings
• Availability: Nationwide
• Branches: 2,900+ Branches (Bank Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Requirement: Yes
• Credit Card Funding: Up to $50
• Early Termination Fee: None

For more current offers, check out our bank bonuses page. Compare US Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

I’ll go over US Bank offers below.

US Bank $400/$100 Checking & Savings Bonus

• What you’ll get: Up to $500 bonus
  • $400 checking bonus
  • $100 savings bonus
• Where it’s available: AR, AZ, CA, CO, GA, IA, ID, IL, IN, KS, KY, MN, MO, MT, ND, NE, NM, NV, OH, OR, SD, TN, UT, WA, WI, and WY
• How to get it: Earn up to $500 bonus,
  • $400 Bonus:
    • Open a new checking account and complete two recurring direct deposits by December 18, 2020. Bonus you receive depends on recurring direct deposits of two or more that total:
      • $1,000-$1,999.99 to earn $100;
      • $2,000-$4,999.99 to earn $200;
      • $4,000 or more to earn $400
  • $100 Bonus:
    • Open a new savings account. There are two tiers (must deposit by December 21, maintain it through June 21, 2021):
      • Make deposit(s) of $2,500 to $4,999.99 to earn $50
      • Make deposit(s) of $5,000 to earn $100
• When it expires: 12/14/2020

(Expires December 14, 2020)

Furthermore, I would compare this offer to some of the best offers available for entry level checking accounts: Chase Total Checking ($200 Bonus), HSBC Advanced Checking ($200 Bonus), Huntington Asterisk-Free Checking® ($150 Bonus), Huntington 5 Checking ($200 Bonus) as well as the TD Bank Convenience Checking ($150 Bonus).

[Expired] US Bank $800 Checking Bonus 

• What you’ll get: $800 bonus
• Where it’s available: Nationwide
• How to get it:
  • $800 bonus when you open a new Platinum Checking Package and Platinum Select Money Market savings account and complete the following activities:
    • $400 bonus when you open a new Platinum Checking Account and make two or more direct deposits that total $4,000 or more and enroll in eStatements within 60 days of account opening
    • $400 bonus when you open a new Platinum Select Money Market savings account and have $25,000 or more in deposit(s) by August 31st, 2020 and maintain a minimum total account balance of $25,00 or more through November 30th, 2020
• When it expires: 08/31/2020

(Expires August 31, 2020)

Moreover, you can also take advantage of advanced features for different checking accounts. Compare this offer to the following: Chase Private Client ($2,000 Bonus), HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($500 Bonus), as well as the TD Bank Beyond Checking ($300 Bonus).

[Expired] US Bank $300 Savings Bonus *In-Branch Only*

• What you’ll get: $300 bonus
• Where it’s available: In-branch only. Might not be available at all branches.
• How to get it:
  • Use promo code ELITE MONEY MARKET SP20 when opening a savings account
  • Deposit $10,000 and maintain that deposit for three months after funding
• When it expires: Not listed

Compare this savings account to alternatives like Chase Savings^SM ($150 Bonus) and  American Express High Yield Savings.

US Bank is one of the nation’s largest banks with 3,000 branches across 26 states. They also offer a variety of checking and savings accounts for different needs. However, minimum balance requirements to waive monthly service fees are somewhat high.

Checking Account Bonuses

US Bank offers cash bonuses for new checking customers from time to time. Sometimes you have to open a checking plus savings account package to earn these bonuses. The best part is these offers are usually available nationwide.

As an added perk, All US Bank checking accounts offer free online banking, bill pay, and mobile deposits.

Special Checking Account Features

All US Bank checking accounts come with these features.

• Overdraft Protection: You can link up to 3 eligible accounts to help cover overdrafts. If you link a US Bank money market or savings account, funds will be transferred to cover the overdraft without transfer fees. Additionally, you can link a US Bank credit card, a line of credit, or a home equity line of credit. However, keep in mind that these options may include a transfer fee and are subject to interest.

To avoid overdrafts, you can set up custom alerts to receive emails or texts when you reach a certain balance level.

• Send money with Zelle: Easily send money to anyone with a U.S. phone number or U.S. email address.

What to Open at US Bank

Keep your eye out on these great US Bank products:

• Promotional CD Special: US Bank offers a CD Special with fairly competitive rates. These CDs usually range from 9 to 59 months and require a minimum $1,000 deposit to open.
• Student Checking: This account has no monthly service fee and no minimum balance requirements for students. Additionally, you get 4 free non-US Bank ATM transactions per cycle and the first set of checks is free.

US Bank Checking Alternatives

Chase Total Checking®HSBC Advance CheckingTD Convenience CheckingHuntington 5 Checking

• Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit • Access to 16,000 Chase ATMs and more than 4,700 branches • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. Apply Now at Chase

• Get up to $240 with a 3% Cash Bonus Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities. • Open your new HSBC Advance checking account online by March 31, 2021; and • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then • Enjoy 3% Cash Bonus, up to $240, on Qualifying Direct Deposits up to $40 per month, during the first 6 calendar months after account opening • You will automatically receive the 3% Cash Bonus in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities. Apply Now at HSBC Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

With the TD Convenience CheckingSM Account: • Earn $150 when you receive direct deposits totaling $500 or more within 60 days • Low minimum daily balance of $100 waives the $15 monthly fee. • Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee. • Instantly replace a lost or worn debit card by visiting a TD Bank location near you • Access accounts via Online Banking with Bill Pay, Online Statements and TD Bank Mobile Deposit, with 24/7 cash access at TD ATMs in the U.S. and Canada – plus 24/7 Live Customer Service • Get a 0.25% discount on TD Bank Home Equity and Personal Loans Apply Now at TD Bank

How to Avoid US Bank Checking Account Fees

• Easy Checking: The $6.95 monthly service fee can be waived if you: maintain an average account balance of $1,500, OR have combined monthly direct deposits of at least $1,000.
• Gold: The $14.95 monthly service fee is waived if you open a US Bank personal loan, line of credit, or credit card.
• Platinum Checking: The $24.95 monthly service fee can be waived if you: maintain a combined balance of $25,000 in deposit accounts, credit balances, and investment accounts, OR have a personal trust relationship with US Bank Wealth Management.
• Student Checking: This account has no monthly service fee and no minimum balance requirements if you are a full-time student.
• Safe Debit: You cannot waive the $4.95 monthly service fee.

Savings Account Offers

• Savings: This account earns 0.01% APY. Minimum deposit $25 and there is a monthly maintenance fee $4 unless you have a $300 minimum daily ledger balance OR $1,000 average monthly collected balance.
• Certificate of Deposit
  • Standard Term CD: 0.05% – 0.75% APY. Terms ranging from 1 month – 60 months. Minimum deposit of $500. Maximum deposit $249,999.
  • CD Special: 1.80% – 2.00% APY. Terms of 9, 17, 37 and 59 months. Minimum deposit of $1,000. Maximum deposit $249,999
• Money Market: 0.03% – 0.06% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have a $10,000 minimum daily ledger balance.

US Bank Savings Alternatives

Chase Savings^SMDiscover Online SavingsDiscover CDsDiscover Money Market

-Available nationwide - paired with phenomenal customer service -Get 0.50% APY on your funds with no minimum requirements & no monthly fees! -No hidden fees. No minimum balance to open. -It's your money. Use it when and how you want. -Deposit checks on the go or grow your savings with automatic transfers. -Move money in and out of your savings account easily and securely. -View your savings account balance and activity online or with mobile app. -Get started and open a Discover Savings Account in 3 easy steps. Apply Now at Discover

• Available nationwide online • Discover offers CDs with some of the highest and most competitive rates! • Select terms as short as 3 months up to 120 months • Rates ranging from 0.20% APY up to 0.60% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Start today with a minimum deposit of $2,500! • Get started and open a Discover CD in 3 easy steps. Apply Now at Discover

• Available nationwide online • Earn high yields with flexible access to your cash. • Earn 0.40% APY balances $100,000 and over • Earn 0.35% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs • Get started and open a Discover Money Market Account in 3 easy steps. Apply Now at Discover

US Bank Credit Cards

U.S. Bank Altitude^® Go Visa Signature^® CardU.S. Bank Cash+^TM Visa Signature® CardU.S. Bank Business Leverage Visa Card®U.S. Bank Business Cash Rewards World Elite^TM Mastercard®

The U.S. Bank Altitude® Go Visa Signature® Card offers 25,000 bonus points when you spend $1,000 in eligible purchases within the first 90 days of account opening. That's a $250 value redeemable towards merchandise, gift cards, cash back, travel and more. You'll earn 4X points on takeout, food delivery & dining; 2X points at grocery stores, grocery delivery, gas stations & on streaming services; 1X point per $1 on all other eligible purchases. In addition, you'll get $15 credit for annual streaming service purchases such as Netflix and Spotify. There is no annual fee with this card. Learn More About This Card

The U.S. Bank Cash+TM Visa Signature® Card offers new cardmembers a $150 bonus after spending $500 in eligible net purchases in the first 90 days of account opening. You'll be able to earn 5% cash back on your first $2,000 in eligible net purchases each quarter on the combined two categories you choose. In addition, 2% cash back on your choice of one everyday category, like gas stations or grocery stores; 1% cash back on all other eligible net purchases. All with no limit on total cash back you can earn. This card comes with no annual fee. Learn More About This Card

The U.S. Bank Business Leverage Visa Card® offers 75,000 points worth $750 cash back. Just spend $7,500 in eligible net purchases on the Account Owner's Card within the first four months of account opening. You'll earn 2X points per dollar spent on eligible net purchases made in the top two categories where you spend the most each month - automatically; 1X points per dollar spent on all other eligible net purchases. There are no caps or limits on the total points you can earn with the opportunity to more rewards when you link your card to your U.S. Bank payment processing account. Only U.S. Bank rewards you for both taking payments and making purchases Learn more at usbrelationshiprewards.com. There is no annual fee for the first year, $95 thereafter. You'll also get free employee cards. Learn More About This Card

The U.S. Bank Business Cash Rewards World EliteTM Mastercard® offers a new cardmember bonus of $500 after you spend $4,500 in eligible net purchases on your card within the first 150 days of account opening. You'll earn 1% cash back on other eligible net purchases with no limit on total rewards and they never expire! Plus, a 25% Annual Cash Rewards bonus, up to $250. There is no annual fee and you'll get free employee cards. Learn More About This Card

Author’s Verdict

To summarize, US Bank has some of the best promotions, bonuses, and offers nationwide. However, keep in mind that waiving the monthly service fees can be difficult if you cannot meet the high account requirements.

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of US Bank promotions here.

Chase Coupons & Promo Codes: $100, $200, $300, $350, $725, $2000 Bonuses For Checking, Savings, Business Accounts for January 2021

HSBC Bank Promotions: $200, $240, $450, $600, $2000 Checking Bonuses (Nationwide) – January 2021

Huntington Bank Promotions: $150, $200, $400, $500, & $750 Checking Bonuses for January 2021

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