U.S. Bank Promotions – $300 Checking Account, $200-$500 Credit Card Bonus

I love a good bank promotion and U.S. Bank just released a sizzling hot one for you guys.

I first heard about U.S. Bank from a business partner (they don’t have a location in Maryland). They had a good relationship with their business

banker so when we started a new venture, we got just added a new U.S. Bank business account.

It was pretty streamlined and while we didn’t get a bonus, I did learn later that U.S. Bank has some pretty solid new account bonuses!

Discover Bank Logo

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus to open your first Online Savings Account. Just open it with the code WH21 by 12/15/2021 and then deposit at least $15,000 to get the lowest bonus amount. Deposit $25,000 to get the higher amount.

Learn more about this offer

Table of Contents
  1. Consumer Checking Account Offer – $300
  2. Gold Business Checking – $750
  3. U.S. Bank Altitude Connect Visa Signature – Card – 50,000 bonus points (worth $500)
  4. U.S. Bank Altitude Go Visa Signature Card – 20,000 bonus points (worth $200)
  5. How Does This Offer Compare?

U.S. Bank National Association is FDIC insured (FDIC# 6548) with three thousand locations in 27 states. Their bank charter class is National Bank. As a bank, they’ve been in business since the 1800s!

Consumer Checking Account Offer – $300

Their richest offer for a consumer checking account is currently $300.

It’s a simple bonus to get as long as you are in their geographic footprint. If you aren’t, you won’t get approved for an account.

The checking requirements are that you:

  • Open a new U.S. Bank Gold, Platinum or Easy Checking account by 10/12/2021,
  • Complete direct deposits totaling $4,000 or more.
Unlike previous versions of this promotion, there are no direct deposit tiers for lower bonus amounts. Also, previously the highest we've seen this offer at is $400 for a $5,000 direct deposit so you have to decide what you want to do with this lower bonus amount.

Several checking accounts work for this offer including the Platinum Checking Package, Gold Checking Package, or Easy Checking Package.

The Platinum Checking Package is their highest tier checking account that pays a little bit of interest. There are no ATM transaction fees for non-U.S. Bank ATMs and you also get no-fee overdraft protection transfers. There is a $24.95 monthly maintenance fee that is waived if you have $25,000+ in combined personal deposits, credit balances with U.S. Bank (or investments with U.S. Bancorp Investments) or you have a personal trust relationship with U.S. Bank Wealth Management.

The Gold Checking Package doesn’t pay interest but you get you won’t get charged ATM fees on the first two non-U.S. Bank ATM transactions. You also get reduced overdraft protection fees. There is a $14.95 monthly maintenance fee unless you have an open U.S. Bank personal loan, line, mortgage or credit card.

Finally, Easy Checking is the most basic of the checking accounts and has a $6.95 monthly maintenance fee unless you have combined monthly direct deposits totaling $1,000+ or you maintain an average balance of $1,500+ or you are an account holder who is 65 or older. You want to make sure you’re enrolled in eStatements to avoid a $2 fee on paper statements (this is waived if you are aged 65+).

Since every checking account package qualifies for the bonus, it seems to make the most sense to go with the Easy Checking package!

Learn more about this offer
(Offer expires 10/12/2021)

You have to be in a state where they do business to be able to open an account. Those states include .

Gold Business Checking – $750

If you run a business where you need to accept payments, U.S. Bank has a $750 bonus offer when you open a Gold Business Checking Account and offer, accept and settle a Payment Solutions transaction into your account within 30 days of opening your Payment Solutions account. If you don’t accept payments, it might be difficult to qualify.

As is the case with any merchant processing based offer, you will want to compare the fees with what you currently pay and whether the $750 is a good deal for you.

Learn more about this offer
(Offer expires 10/29/2021)

U.S. Bank Altitude Connect Visa Signature – Card – 50,000 bonus points (worth $500)

U.S. Bank Altitude Connect Visa Signature CardIf you open a U.S. Bank Altitude Connect Visa Signature Card, you can get 50,000 bonus points (worth $500) when you spend $3,000 in the first 120 days. The points are redeemable for merchandise, gift cards, cash back, travel, and more. What makes it even more impressive is that the points never expire.

The card also offers:

  • 4X points on takeout, food delivery and dining,
  • 2X points at grocery stores, grocery delivery, streaming services and gas stations,
  • 1 point per $1 on all other eligible purchases.
  • $30 credit for annual streaming service purchases (Netflix, Spotify, etc.)
  • $100 TSA PreCheck / Global Entry credit once every four years

$0 annual for the first year, then $95 per year after that.

Learn more about this card and others

U.S. Bank Altitude Go Visa Signature Card – 20,000 bonus points (worth $200)

U.S. BANK ALTITUDE® GO VISA SIGNATURE® CARDWould you like to get 20,000 bonus points (worth $200) when you spend $1,000 in the first 90 days

The U.S. Bank Altitude Go Visa Signature Card will give you just that plus:

  • 4X points on takeout, food delivery and dining,
  • 2x points at grocery stores, grocery delivery, streaming services and gas stations,
  • 1 point per $1 on all other eligible purchases.

The 20,000 points can be converted to cash as either a statement credit on the card or a deposit to your U.S. Bank savings or checking account (you don’t need one to get the credit card or the rewards).

The annual fee is a $0 plus they give you a streaming bonus of $15 in credit for services like Amazon Music, Pandora, YouTubeTV, Netflix, Spotify, and more.

Learn more about this card and others

How Does This Offer Compare?

This is a pretty solid offer if you’re looking for a basic checking account. The direct deposit requirements are a little high at $2,000 in total but the $300 bonus is on par with some of the ones you’ll see on our list of bank bonuses. If you have your heart set on U.S. Bank, this is a good offer.

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH21 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

Chase Total Checking® – $225

Chase Bank will give you $225 when you open a Total Checking account and set up and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!

HSBC Premier Checking – $450

HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months. Click here to learn more about this offer.

Huntington Bank – up to $500

If you are a resident of Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, or West Virginia then you could get up to $500 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region. Click here to learn more about Huntington Bank offers.

The U.S. Bank promotion is comparable but it’s not the absolute best out there. I think that you may find a better offer if you dig a little bit more.

Finally, before you go, make sure you review our guide on bank account bonuses so you know what to watch out for whenever you try to take advantage of one of these offers.

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About Jim Wang

Jim Wang is a thirty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

  1. mat kim says

    I used the link on this page to apply for the easy checking. I used an ACH deposit from my personal account. US Bank said they will not acknowledge any ACH that is not from a government agency or employer. I understand direct deposit can mean a lot things including various ACH deposits [depending on the bank]. Honestly, I would continue to use their services if they gave me a reason. Unfortunately they are doing the opposite and I will stay clear of them especially since they are the most ethical bank, right?

    • Jim Wang says

      These types of promotions generally require a direct deposit from an employer or government entity (benefits) – it’s almost universal in that way because it’s seen as a way to make the account “stickier.”

  2. DK Jackson says

    If your direct deposit is Social Security, you cannot meet the 60-day criteria. It takes two payment cycles for Social Security to process a change in direct deposit. US Bank will not take this information into consideration and will not provide the incentive.

  3. H. Stone says

    The US Bank announcement is misleading: Doesn’t mention that you must complete recurring direct deposits that total $4,000 or more and be enrolled in e-statements within 60 days of account opening.

    • Jim Wang says

      Yes you are correct, I’ve updated the post to reflect the clearer language. The $4,000 figure is in their terms and conditions and not higher up on the page, which can be misleading. Thank you!

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