Update 4/2/26: Extends to June 30, 2026 and now $300 instead of $200.
Expires until March 31, 2026. New promo code Q1SAV26
Offer at a glance
- Maximum bonus amount: 200 dollars
- Availability: Nationwide (excludes NY and FL and any other state without branches unless you have an existing relationship)
- Direct deposit required: ANY
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: Mixed data points
- Credit card financing: Can finance up to $3,000 with a credit card
- Monthly fees: $5, avoidable
- Early account closure fee: ANY
- Family boundary: ANY
- Expiration date: January 14, 2026
Offers
- US Bank offers a $300 bonus when you open a new business savings account and meet the following requirements:
- Use promo code Q2SAV26
- Deposit at least $10,000 in new money within 30 days.
- Maintain a balance of at least $10,000 for 60 days after account opening
Fine Press
- Promo code Q4SAV25 MUST be used when opening a US Bank Basic Business Savings Account. Limit of one bonus per business. A minimum deposit of $100 is required to open the referral account.
- Earn your $200 Business Savings Bonus by opening a new US Bank Basic Business Savings Account between 01/10/2025 and 1/14/2026. You must make a deposit of at least $10,000 in new money within 30 days of account opening and then maintain a daily balance of at least $10,000 by the 60th day after account opening. Interest rates and APYs for the US Bank Basic Business Savings Account are variable, determined at the discretion of the bank, and may change at any time.
- New money is considered money that is new to Bank of America. Funds must come from outside of US Bank and cannot be transferred from another US Bank product or a US Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (eg, monthly maintenance, paper statement fee, etc.) may reduce your qualifying daily balance, so you must make deposits to cover the fees to maintain your daily balance during the qualifying period that you will be awarded the bonus. Refer to the Business Rates Information Document for a list of rates.
- The bonus will be deposited into your new eligible US Bank Basic Business Savings Account within 30 days after the last calendar day of the month you meet all offer requirements, as long as the account is open and has a positive balance available.
- Offer cannot be combined with any other business savings account bonus offer.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The $5 monthly maintenance fee can be waived when you maintain a daily balance of $500
Early account termination fee
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Our verdict
This account earns 0.05% APY. There is currently one $1200 business check bonus as well.
Hat tip to the reader Berta
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