A minimum deposit of $25 is required to open a U.S. Bank Smartly® Checking account. Earn a $300 bonus by opening a new U.S. Bank Smartly® Checking account online, in a branch or over the phone by June 20, 2023. Additionally, you must enroll in online banking or the U.S. Bank Mobile App within 90 days of opening your account. You must also complete two or more direct deposits within 90 days of opening your account that total $5,000 or more and make at least 10 debit card purchases totaling at least $100. All transactions must be posted to the account within those 90 days. Pending transactions, ATM withdrawals and withdrawals at a branch using your debit card are not qualifying transactions. 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 $300 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.
A $25 minimum deposit is required to open a new U.S. Bank Standard Savings account. Earn your $100 bonus by opening a new Standard Savings account online, in a branch or over the phone by June 20, 2023. Additionally, you must make deposit(s) of $15,000 or more by July 14, 2023 and then maintain a minimum total account balance of $15,000 through October 13, 2023. The $100 bonus will be credited to your new savings account within 30 days of final savings account balance verification. Standard Savings accounts are variable rate accounts. For Standard Savings, the Annual Percentage Yield (APY) as of March 28, 2023 is 0.01%. Interest rates are determined at the bank’s discretion and can change at any time. Interest will be compounded daily and credited to your savings account quarterly. Fees may reduce earnings on account. Offer may not be combined with any other savings account bonus offers. Offer is not valid if you or any signer on the account has an existing U.S. Bank savings account, had a U.S. Bank consumer savings account in the last six months, or received other U.S. Bank savings bonus offers within the past twelve months. Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes.
Limit one checking and one savings bonus per eligible account. Current U.S. Bank employees are eligible to participate. Offer may not be available if you live outside of the U.S. Bank footprint. Offer not available through Alliance partnerships. Offer not available with Trust Accounts. 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 and the Consumer Pricing Information (PDF) disclosure.