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US Bank is currently offering attractive incentives for new business checking accounts, designed to benefit both small and larger businesses. New customers can earn a $400 bonus by opening a Business Essentials Checking account and fulfilling specific deposit and transaction requirements. For businesses with higher financial activity, a Platinum Business Checking account offers a substantial $1,200 bonus, subject to a larger initial deposit and higher transaction volume. These promotional offers are available until June 30, 2026, providing a limited-time opportunity for businesses to maximize their banking benefits.

These promotions are part of a broader strategy by US Bank to attract new clients by offering competitive financial rewards. Beyond these specific business checking offers, the banking landscape frequently features various bonuses for different account types, such as high-yield savings and CDs, particularly influenced by prevailing interest rates. Monitoring these offers and understanding the terms and conditions is key for businesses and individuals looking to optimize their banking relationships and financial growth.

US Bank Business Checking Account Offers

US Bank provides two distinct bonus opportunities for new business checking accounts. The Business Essentials Checking account offers a $400 bonus, while the Platinum Business Checking account provides a more substantial $1,200 bonus. Each offer requires customers to open a new account, meet specific deposit thresholds with new funds, maintain a minimum daily balance for a set period, and complete a certain number of qualifying transactions. These promotions are designed to attract various business sizes, from small enterprises benefiting from the $400 offer to larger businesses taking advantage of the $1,200 bonus.

To qualify for the $400 bonus with a Business Essentials Checking account, new customers must open the account, deposit at least $5,000 in new money within 30 days, maintain this balance for 60 days, and make six qualifying transactions within the same 60-day period. For the $1,200 bonus with a Platinum Business Checking account, the requirements are higher: a minimum deposit of $25,000 in new money within 30 days, maintaining this balance for 60 days, and also completing six qualifying transactions within 60 days. It's crucial to use the specified promo code during application and ensure the account remains open and in good standing to receive the bonus.

Eligibility and Account Specifics

To be eligible for these business checking bonuses, applicants must be new to US Bank business checking, meaning they cannot have an existing business checking account or have closed one within the past 12 months. Current US Bank employees are also not eligible. The promotions define "new money" as funds originating from outside US Bank, explicitly excluding transfers from other US Bank accounts or affiliates. This ensures that the bonuses incentivize genuine new customer acquisition rather than internal fund transfers. The offers are available until June 30, 2026, giving prospective business clients ample time to participate.

Both accounts have specific fee structures and transaction limits. The Business Essentials Checking account has a minimum initial deposit of $25, no monthly fee, and includes 125 free transactions per statement cycle before a $0.50 charge per transaction. The Platinum Business Checking account requires a $100 minimum initial deposit and a $30 monthly fee, which can be waived under certain conditions, such as maintaining a $25,000 average collected balance or having a qualifying merchant banking account. This account offers 550 free transactions per cycle, with a $0.40 charge thereafter. Both accounts may incur out-of-network ATM fees, and their availability is restricted to residents of states where US Bank has physical branches.