U.S. Bank Business Essentials bonus: $400 and what it takes
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Checked against the bank's page on .
The offer in one paragraph
U.S. Bank pays $400 to a business that opens U.S. Bank Business Essentials as a new customer. To earn it, deposit $5,000 in new money and keep it there for 60 days. On the cash it asks you to park, the $400 bonus works out to an annual rate of 48.67%. The account has no monthly fee. Its terms name no state limit, and the bank decides at application. The bank shows January 13, 2027 as the last day.
Do not add these together
Cannot be combined with U.S. Bank Platinum Business Checking Package.
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
How to earn it
- Open U.S. Bank Business Essentials for your business online, as a new customer.
- Use the offer code Q4DIG26 when you apply.
- Deposit $5,000 or more in new money within 30 days.
- Keep that money in the account for 60 days, the hold period as the bank states it.
- Wait for the bank to pay the bonus. Its terms say when it pays once you meet the requirements.
Day counts follow the bank's terms, which say when each period starts.
When the bank pays. U.S. Bank pays within 30 days after the end of the month in which you meet every requirement.
Use code Q4DIG26 on the online offer page. Deposit $5,000 in new money within 30 days, keep at least $5,000 through day 60, and complete 6 qualifying transactions within 60 days of opening: debit card purchases, ACH, wire or Zelle credits and debits, mobile check deposits, check payments, bill pay or U.S. Bank Payment Solutions.
U.S. Bank pays one bonus per business, and the same code covers the Platinum Business Checking offer, so the two do not add up. A business that has a U.S. Bank business checking account, or closed one in the last 12 months, is excluded.
At payout the account must be open, hold a positive balance and still be the same product.
The numbers
- Bonus
- $400
- Cash to park
- $5,000The larger of the deposit and the balance the bank asks for.
- Direct deposits
- Not required
- Hold period
- 60 daysAs the bank states it. Banks count it from different days.
- Time to deposit
- 30 days
- Annual rate
- 48.67%$400 / $5,000 x 365 / 60 x 100. The bonus over the cash and the days it asks for, scaled to a year. The bank does not pay it as interest.
- Monthly fee
- None
- Early closure
- Not published
- Tax form
- Form 1099-INTAs the terms name it.
Guides to these figures: how the annual rate is calculated, monthly fees and how to avoid them and early closure fees and clawbacks.
Worth it for you
Cash not entered, so no offer is checked against cash. Enter what you can park to check it. If you can park $5,000, the $400 bonus comes to $367.12 after costs.
- Bonus
- $400.00
- Monthly fees
- $0.00
- No monthly fee.
- $5,000 for 60 days at your 4.00%
- −$32.88
- What the cash would earn where it sits now, over the hold period as the bank states it.
- Interest the account pays
- $0.00
- No APY is published for this account, so no interest is counted.
- Net gain
- $367.12
Assumes a 4.00% savings rate on the parked cash and no tax figure. The bonus calculator takes your own rates and compares every live offer.
Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
Who can get it
- For
- Business accounts
- Customers
- New customers only
- Where
- No state limit in the termsThe bank decides at application
- Minimum age
- Not published
Before you apply: how often you can earn a bonus from one bank and whether opening an account affects your credit.
Tier
| Bonus | What it takes | Cash to park | Annual rate | In words |
|---|---|---|---|---|
| $400 | Deposit and hold: $5,000 | $5,000 | 48.67% | Deposit $5,000 in new money within 30 days, keep at least $5,000 through day 60 and complete 6 qualifying transactions within 60 days. |
Source
Checked against the bank's own page on .
Read the offer on U.S. Bank's page (opens in a new tab)
Bonus Tally may earn a commission when you open an account through links on this page. It never changes the math or the ranking.
Pages we read
- Offer page on www.usbank.com, read
- Banks change and end offers without notice. Confirm every term on the bank's own page before you apply.
- Bank bonuses are generally taxable as interest income, and banks usually report them on Form 1099-INT. Are bank bonuses taxable has the detail.
- Bonus Tally is an information service, not a bank or a financial adviser. Nothing here is financial, tax or legal advice.
The verification log lists every offer with its source, and the methodology gives every formula.
Other bonuses from U.S. Bank
U.S. Bank and all its offers| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| U.S. Bank Platinum Business Checking PackageCannot be combined with U.S. Bank Business Essentials | Bonus$1,200 | What it takesDeposit and hold$25,000 | Cash to park$25,000 | Annual rate29.20% | Checked |
| U.S. Bank Smartly Checking | Bonusup to $450 | What it takesDirect deposit$8,000 in direct deposits | Cash to parkNone | Annual rateno cash to park | Checked |
Similar bonuses
Every live bonusLive business offers from other banks, closest in size to this one, largest first.
| Bank and account | Bonus | What it takes | Cash to park | Annual rate | Checked |
|---|---|---|---|---|---|
| Chase Business Complete Checking | Bonusup to $500 | What it takesDeposit and hold$10,000 | Cash to park$10,000 | Annual rate30.42% | Checked |
| Relay business checking | Bonus$500 | What it takesDeposit and hold$10,000 | Cash to park$10,000 | Annual rate20.28% | Checked |
| Huntington Unlimited Business CheckingCannot be combined with Huntington Unlimited Plus Business Checking | Bonus$400 | What it takesDeposit and hold$5,000 | Cash to park$5,000 | Annual ratehold period not stated in days | Checked |
| Grasshopper Innovator Business Checking | Bonus$300 | What it takesDeposit and hold$10,000 | Cash to park$10,000 | Annual rate18.25% | Checked |