U.S. bank has sweetened its tiered offer with a more difficult direct deposits requirement that rewards depends on the total of direct deposits.
- Receive total of $4000+ direct deposits within 60 days
- Receive total of $2500 - $4999.99 direct deposits within 60 days
- Enroll in online / app banking within 60 days
A minimum deposit of $25 is required to open a U.S. Bank consumer checking account. Earn a $300 or $500 bonus by opening a new U.S. Bank consumer checking account, excluding Student Checking and Safe Debit Account, by January 24, 2022. The checking account can be opened in a branch, online or over the phone. Additionally, you must enroll in online banking or the U.S. Bank Mobile App within 60 days of opening your account. You must also complete two or more direct deposits within 60 days of opening your account that total: $2,500 to $4,999.99 to earn the $300 bonus or $5,000 or more to earn the $500 bonus. A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, from your employer or the government. Other electronic deposits or person-to-person payments are not considered a direct deposit. The checking bonus will be deposited into your new checking account within 60 days of direct deposit verification and verification of enrollment in online banking or the U.S. Bank Mobile App as long as your account is open and has a positive balance. Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Offer may not be combined with any other checking account bonus offers. Offer is not valid if you or any signer on the account has an existing U.S. Bank consumer checking account, had a U.S. Bank consumer checking account in the last two years, or received other U.S. Bank bonus offers within the past two years.
Limit one checking bonus per person. Current U.S. Bank employees are not eligible. Other restrictions may apply. All standard account terms, conditions and opening procedures apply. For a comprehensive list of account pricing, terms and policies, see the Your Deposit Account Agreement (PDF) and the Consumer Pricing Information (PDF) disclosure.