Offer at a glance
- Maximum bonus amount: 450 dollars
- Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have one existing relationship)
- Direct deposit required: yes
- Additional requirements: ANY
- Hard/soft pull: Soft
- ChexSystems: Mixed data points
- Credit card financing: Can finance up to $250 with a credit card
- Monthly fees: $12, avoidable
- Early account closure fee: ANY
- Family boundary: ANY
- Expiration date: June 30, 2026
Offers
- US Bank is offering State Farm customers a $500 bonus when they open a new checking account and meet the following requirements:
- Use promo code SFAC26
- Sign up in the US Bank mobile app or online banking.
- Complete at least two direct deposits totaling $5,000 or more
Fine Press
- To qualify, the Primary Signer on your new Smart Bank Checking Account cannot have an existing US Bank checking account, have a US Bank consumer checking account in the last 12 months, or have received other bonus checking offers from US Bank within the last 12 months A minimum of $25 is required to open a US Bank Smart Checking Account.
- To claim the $500 bonus offer, you must open a new US Bank Smartly® Checking account through an authorized State Farm agent or directly through usbank.com/sfbonus.
- The new checking account must be opened by June 30, 2026. Additionally, you must sign up for the US Bank mobile app or online banking within 90 days of opening your account.
- You must also complete two or more direct deposits within 90 days of opening your account totaling $5,000 or more and make 2 or more debit card purchases linked to the account 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 government.
- Other electronic deposits or person-to-person payments are not considered direct deposit. Your checking bonus (“adjusted interest”) will be credited to your new checking account within 60 days of Direct Deposit verification, Debit Purchase verification, and US Bank Online Banking or Mobile App enrollment verification as long as your account is open and has a positive balance. The bonus will be reported as interest earned on IRS Form 1099-INT and the recipient is responsible for any applicable taxes.
- Current Bank of America employees are not eligible.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
US Bank Smartly has a $12 monthly fee, which is waived if you do any of the following:
- Have at least $1,500 in monthly direct deposits.
- Maintain a minimum average account balance of $1,500.
- Become an owner of an eligible small business checking account.
- Belong to a qualified customer group2 such as youth, young adults, seniors or the military.
- Qualify for Smart Rewards Gold Level or higher.
- Become the owner of a Smartly™️ Visa Signature® Debit Card or State Farm personal credit card for Alliance customers.
Early account termination fee
There are no early account termination fees to worry about
Our verdict
Same as the $450 check bonusbut exclusively for state farm customers. It verifies that you are a State Farm customer during the application process, so keep that in mind. Will add a note to best bank account bonus site so state farm customers don’t miss out.
Hat tip to the reader Bockrr
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