Best US Bank Promotions March 2020: $300

Earn $300 from U.S. Bank promotions in March for a new account.

U.S. Bank dates back to 1863 and currently ranks as the seventh-largest bank in the country, with branches in more than 40 states.

The latest U.S. Bank promotions offer cash to customers who open new checking accounts. A GOBankingRates survey found that many Americans don’t shop around when looking to open a bank account, missing out on cash bonuses and other perks.

Take a closer look at the best U.S. Bank promotions to learn how you can take advantage of the cash bonus offer:

U.S. Bank Promotions at a Glance

Take a quick look at the current U.S. Bank promotions to compare your options.

U.S. Bank Promotions: March 2020
Account PromotionOffer ExpiresMinimum Deposit Requirements
Easy Checking Package$300 cash bonusMarch 31, 2020$25 to open plus $2,000 in combined direct deposits within 60 days of opening the account
Gold Checking Package$300 cash bonusMarch 31, 2020$25 to open plus $2,000 in combined direct deposits within 60 days of opening the account
Platinum Checking Package$300 cash bonusMarch 31, 2020At least two direct deposits for a total of at least $2,000 within 60 days of opening the account

Compare: Best National Banks of 2020

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Current US Bank Promotions, Offers, Coupons, and Bonuses

Here are all the details on how to open a checking account to take advantage of current U.S. Bank promotions:

Easy Checking Package: $300 Cash Bonus

The Easy Checking Package is the entry-level checking account that qualifies you for the $300 cash bonus. You’ll need to receive combined direct deposits of $1,000 or more per month to be eligible for the cash bonus. Direct deposits can come from your employer or Social Security payments. Here’s more on how to qualify for the promotion:

  • Minimum deposit to qualify: $25
  • Expiration date: March 31, 2020
  • How to get it: Apply for an account online, visit a branch or call (877) 414-0259 and use promo code 2020Q1C to open a checking account.
  • When you’ll get it: You’ll receive the cash bonus 60 days after opening the account if you met the terms and conditions.
  • Terms and conditions: You’ll need to make at least two direct deposits for a total of $2,000 or more within 60 days of direct deposit verification and either enroll in online banking or download the U.S. Bank Mobile App by April 7, 2020.
  • Monthly fee: The $6.95 monthly fee is waived if you receive at least $1,000 per month in combined direct deposits, keep an average balance of $1,500 per month or are at least 65 years old.

Find Out: How To Avoid US Bank Overdraft Fees

Gold Checking Package: $300 Cash Bonus

Step up to the Gold Checking Package if you’d like to take advantage of U.S. Bank’s credit cards, mortgage and personal loan offers. U.S. Bank gives you another way to get money back when you qualify for a home mortgage by letting you deduct up to $1,000 in closing costs of your new mortgage loan. You’ll also receive up to 100 free trades per year through U.S. Bancorp Investments. Here are all the details:

  • Minimum deposit to qualify: $25
  • Expiration date: March 31, 2020
  • How to get it: Apply for an account online, visit a branch or call (877) 414-0259 and use promo code 2020Q1C to open a checking account
  • When you’ll get it: You’ll receive the cash bonus 60 days after opening the account if you met the terms and conditions.
  • Terms and conditions: You’ll need to make at least two direct deposits for a total of $2,000 or more within 60 days of direct deposit verification and either enroll in online banking or download the U.S. Bank Mobile App by April 7, 2020.
  • Monthly fee: The $14.95 monthly fee is waived if you open a U.S. Bank line of credit, credit card, mortgage or personal loan.

Don’t Miss: US Bank Checking Account Review — Convenient Features and Extra Perks

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Platinum Checking Package: $300 Cash Bonus

If you carry a sizable balance, the Platinum Checking Package is your best bet. You’ll get all the perks of the other checking account types plus earn interest on your account balance and get free ATM withdrawals even at non-network cash machines. Here’s more on how to qualify for the $300 cash bonus:

  • Minimum deposit to qualify: $25
  • Expiration date: March 31, 2020
  • How to get it: Apply for an account online, visit a branch or call (877) 414-0259 and use promo code 2020Q1C to open a checking account
  • When you’ll get it: You’ll receive the cash bonus 60 days after opening the account if you met the terms and conditions.
  • Terms and conditions: You’ll need to make at least two direct deposits for a total of $2,000 or more within 60 days of direct deposit verification and either enroll in online banking or download the U.S. Bank Mobile App by April 7, 2020.
  • Monthly fee: The $24.95 monthly fee is waived if you maintain at least $25,000 in combined balances through U.S. Bank, U.S. Bancorp Investments or if you work with U.S. Bank Wealth Management.

Learn More: US Bank Review — In-Branch to Google Home Banking Options

How To Open a US Bank Account

U.S. Bank wants to make the process of opening an account as easy as possible. You can open an account online by submitting your driver’s license and Social Security numbers. Once approved, you’ll be prompted to make an opening deposit. You can also visit a branch or call (844) 593-0105 to open an account.

Help With Your Account: How To Make a US Bank Mortgage Payment

Which of the US Bank Promotions Is Best for You?

You can earn a $300 bonus by opening any of the three checking accounts U.S. Bank has to offer, so deciding on the best one depends on your banking goals. If you have a high combined balance between accounts, the Platinum Checking Package lets you earn interest on your deposits. If you have good credit and want to apply for one of the bank’s credit cards, mortgage products or loans, the Gold Checking Package might be a good choice. For a basic everyday checking account with zero to low fees, go with the Easy Checking Package.

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Keep Reading: US Bank Savings Account Review — High Rates for Large Deposits

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