Don’t miss out: How you could score an “automatic” $450 payment before June 26!
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If you’ve ever wondered why your bank never seems to give you anything back—this might be your moment.
One major bank is offering a limited-time sign-up deal that could put some serious cash in your pocket. But you’ll need to move quickly—the clock’s ticking, and the offer wraps up on June 26.
As with most promos, there are a few strings attached. Don’t worry though—The GrayVine is here to break it all down, share a few smart shortcuts, and help you figure out if it’s worth your effort.
What’s the Deal?
US Bank is offering a tiered cash bonus for new customers who open a Smartly Checking account.
Depending on how much you deposit, you could walk away with $250, $350, or the full $450.
It’s not every day a bank offers you a few hundred dollars just for moving your money around, so let’s break down how you can make this work for you.
Step-by-Step: How to Claim Your Bonus
1. Open a US Bank Smartly Checking Account
- You must be a new customer—meaning you haven’t had a US Bank consumer checking account in the last 12 months.
- Existing US Bank checking customers, unfortunately, are not eligible.
2. Make an Initial Deposit
- Start with at least $25 to open your account.
3. Enroll in Online or Mobile Banking
- Within 90 days of opening your account, sign up for US Bank’s online or mobile banking. This is a must-do step, so don’t skip it!
Also read: Are you missing out on up to $325 in free cash from your bank? See the simple steps to claim yours before July 7!
4. Deposit More to Earn More
- The bonus you receive depends on how much you deposit (and maintain) in your new account within the first 90 days:
- $2,000–$4,999: $250 bonus
- $5,000–$7,999: $350 bonus
- $8,000 or more: $450 bonus
- The more you deposit, the bigger your bonus. But remember, you’ll need to keep those funds in the account for a set period (usually 60 days) to qualify—so don’t plan on moving the money out right away.
5. Apply Through the Right Channel
- If you open your account online via the promotional web page, the offer is applied automatically.
- If you prefer to open your account at a branch or over the phone, make sure to mention the promotion so the banker can apply it for you.
Source: US Bank / Youtube.
Who’s Eligible?
Other Bank Bonuses to Consider
If you’re feeling ambitious (or have extra cash to move around), there are plenty of other banks offering sign-up bonuses. Here are a few highlights:
Read next: Are you eligible? How Americans can claim up to $3,000 in free money—but you must act before July 16!
Have you ever scored a bank sign-up bonus? Was it worth the effort? Do you have tips for fellow GrayVine readers on making the most of these offers—or avoiding the pitfalls? Share your stories and questions in the comments below!
One major bank is offering a limited-time sign-up deal that could put some serious cash in your pocket. But you’ll need to move quickly—the clock’s ticking, and the offer wraps up on June 26.
As with most promos, there are a few strings attached. Don’t worry though—The GrayVine is here to break it all down, share a few smart shortcuts, and help you figure out if it’s worth your effort.
What’s the Deal?
US Bank is offering a tiered cash bonus for new customers who open a Smartly Checking account.
Depending on how much you deposit, you could walk away with $250, $350, or the full $450.
It’s not every day a bank offers you a few hundred dollars just for moving your money around, so let’s break down how you can make this work for you.
Americans can receive up to $450 automatically from US Bank if they open a Smartly checking account and meet the deposit requirements before the June 26 deadline. Image source: KARE 11 / Youtube.
Step-by-Step: How to Claim Your Bonus
1. Open a US Bank Smartly Checking Account
- You must be a new customer—meaning you haven’t had a US Bank consumer checking account in the last 12 months.
- Existing US Bank checking customers, unfortunately, are not eligible.
2. Make an Initial Deposit
- Start with at least $25 to open your account.
3. Enroll in Online or Mobile Banking
- Within 90 days of opening your account, sign up for US Bank’s online or mobile banking. This is a must-do step, so don’t skip it!
Also read: Are you missing out on up to $325 in free cash from your bank? See the simple steps to claim yours before July 7!
4. Deposit More to Earn More
- The bonus you receive depends on how much you deposit (and maintain) in your new account within the first 90 days:
- $2,000–$4,999: $250 bonus
- $5,000–$7,999: $350 bonus
- $8,000 or more: $450 bonus
- The more you deposit, the bigger your bonus. But remember, you’ll need to keep those funds in the account for a set period (usually 60 days) to qualify—so don’t plan on moving the money out right away.
5. Apply Through the Right Channel
- If you open your account online via the promotional web page, the offer is applied automatically.
- If you prefer to open your account at a branch or over the phone, make sure to mention the promotion so the banker can apply it for you.
Source: US Bank / Youtube.
Who’s Eligible?
- New Customers Only: You can’t have a current or recent (within 12 months) US Bank consumer checking account.
- Age & Residency: You’ll need to be at least 18 and a US resident with a valid Social Security number.
- One Bonus Per Household: Typically, only one bonus per household/address is allowed.
- Account Fees: The Smartly Checking account may have monthly fees, but these can often be waived if you meet certain requirements (like maintaining a minimum balance or having direct deposits).
- Tax Implications: Any bonus you receive is considered interest and will be reported to the IRS. You’ll get a 1099-INT form at tax time.
- Timing: Bonuses are usually paid within 60 days after you meet all the requirements.
Other Bank Bonuses to Consider
If you’re feeling ambitious (or have extra cash to move around), there are plenty of other banks offering sign-up bonuses. Here are a few highlights:
- E-Trade: Up to $10,000 (if you deposit $5 million—yes, you read that right!)
- Chase Private Client Checking: Up to $3,000
- Wells Fargo Premier Checking: Up to $2,500
- Citi Checking Account: Up to $1,500
- Chase Total Checking and Savings: Up to $900
Read next: Are you eligible? How Americans can claim up to $3,000 in free money—but you must act before July 16!
Have you ever scored a bank sign-up bonus? Was it worth the effort? Do you have tips for fellow GrayVine readers on making the most of these offers—or avoiding the pitfalls? Share your stories and questions in the comments below!
