U.S. Bank Promotions for December 2024 – $450 Checking Account Bonus

If you’re looking for a new checking account, U.S. Bank has some of the best bank promotions right now. 

U.S. Bank, founded in 1863, is one of the largest banks in the country, with more than 2,200 locations in 27 states.

Plus, in addition to some great checking and savings account bonuses, US Bank also offers some great credit card bonuses.

U.S. Bank Promotions for December 2024

U.S. Bank Smartly Checking Account – up to $450 cash bonus

Through December 30, 2024, you can earn an attractive bonus of up to $450 when you sign up for a US Bank Smartly checking account with an opening deposit of at least $25 made within 30 days. This offer is valid for new accounts once you complete the following requirements.

• Earn $250 when you make two or more direct deposits totaling between $2,000 and $4,999.99 within 90 days of account opening.
• Earn $350 when you make two or more direct deposits totaling between $5,000.000 and $7,999.99 within 90 days of account opening.
• Earn $450 when you make two or more direct deposits totaling $8,000 or more within 90 days of account opening.

Once you have completed these requirements, you will receive your bonus in your new bank account within 60 days.

How to get the monthly maintenance fee waived

Even though the U.S. Bank Smartly checking account offers the opportunity to earn a great bonus, it also has a $6.95 monthly fee. You can have this fee waived in one of the following ways.

• Average account balance of $1,500 or more
• Have a qualifying U.S. Bank consumer credit card 
• Have combined monthly direct deposits of $1,000 or more
• You’re a member of the military 
• You’re under 24, or over 65

U.S Bank Business Checking Account – up to $900 cash bonus

If you’re a small business owner, you can sign up for a U.S. Bank Business (Silver, Gold, or Platinum) checking account and earn up to $900. All you need to do is complete the following requirements.

Silver Business Checking Account package

1. Open a new U.S Silver Business Checking Package online with the promo code Q4AFL24.
2. Deposit $5,000 in new money within 30 days of account opening and maintain that balance for at least 60 days to earn $400.

Platinum Business Checking Account package

1. Open a new U.S Platinum Business Checking Package online with the promo code Q4AFL24.
2. Deposit $30,000 in new money within 30 days of account opening and maintain that balance for at least 60 days to earn $900.

This offer expires on January 15, 2025.

How to waive the monthly maintenance fee

Similar to the US Bank consumer checking accounts, there are monthly fees on most business checking accounts. Here is how you can waive those monthly fees:

Silver checking account

No monthly maintenance fee

Gold Checking Account

• U.S. Bank Payment Solutions Merchant Account
• $10,000 average collected checking balance
• $20,000 in combined average collected deposit balances
• $50,000 combined average collected business deposits and outstanding business credit balances

Platinum Checking Account

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

U.S. Bank Cash+® Visa Signature® Card – $200 cash bonus

If you’re looking for a cash back credit card, then you’ll want to consider the U.S. Bank Cash+® Visa Signature® card. When you sign up, you’ll have the chance to earn a $200 cash bonus after spending $1,000 on purchases within the first 90 days of account opening.

U.S. Bank Cash+ Features

• 0% introductory APR for the first 15 months on purchases and balance transfers.
• Earn 5% cash back on up to $2,000 in monthly purchases in categories you choose.
• Earn 2% cash back on one everyday category you choose, including gas stations, grocery stores, and restaurants.
• Earn 1% cash back on all other purchases.
• No annual fee.

U.S. Bank Altitude Go® Visa Signature® Card – 20,000 bonus points

Another great U.S. Bank personal credit card is the Altitude Go® Visa Signature® card. With this card, you can earn 20,000 bonus points after signing up and spending $1,000 on purchases in the first 90 days.

U.S Bank Altitude Go® Features

• 0% introductory APR for the first 12 months on purchases and balance transfers.
• Earn 4x points on dining, takeout, and restaurant delivery.
• Earn 2x points on streaming services, grocery stores, and at gas stations/EV charging stations.
• Earn 1x points on all other eligible purchases.
• No annual fee.

U.S Bank Promos and Cons

Pros

• Low fees: U.S Bank consumer checking accounts and U.S Bank business checking accounts have relatively low fees. Plus, there are several ways to waive these bank fees.
• Attractive Bank Bonuses: U.S. Bank new account promotions are some of the most generous of any bank.

Cons

• Not available nationwide: Even though U.S. Bank is in 27 states, it’s not nationwide, which means some people cannot take advantage of their bank bonuses.
• High deposit requirements: To get the largest bonus on the U.S. Bank Smartly checking account, you need to set up $10,000 or more in direct deposits. This is going to be out of reach for some people.

How do U.S. Bank promotions stack up against other banks?

If you’re not in an eligible state to receive a U.S. Bank promotion, you could consider one of these bank bonuses instead.