U.S. Bank Platinum Business Checking
Active · verified 14 days agoExpires Sep 27, 2026
High bonusCC funding acceptedRegional
$1,500
Our take
- The $1,500 payout is the biggest of the three in raw dollars, but the weakest on a percentage basis — $25,000 tied up is a lot relative to what Essentials and Gold pay per dollar parked. Only worth it with genuine idle cash at that scale.
- Promo code Q3BUS26 must be entered when you open the account — it's a hard requirement in the official terms, not a nice-to-have.
- Watch what counts toward the 6 required transactions: debit purchases, ACH/wire, checks, and bill pay all qualify, but P2P payments, transfers between U.S. Bank accounts, and payments to a U.S. Bank credit card don't.
- The $30 monthly fee has three separate ways to waive it — the $25,000 balance you're already holding for the bonus, $75,000 combined across U.S. Bank business balances, or simply keeping an active Payment Solutions merchant account. Already processing payments through U.S. Bank? That last option means you don't need the full $25k parked long-term.
- Payout lands within 30 days after month-end, reported as 1099-INT interest income — plan for both the wait and the tax line on a bonus this size.
Choose your tier
Bonus and fee both differ by tier — compare and pick one below.
Gold Business Checking$900$20/mo
Fee waiver — any one of:
- Maintain at least a $10,000 average balance during the statement cycle.
Platinum Business Checking$1,500$30/mo
Fee waiver — any one of:
- Keep an active U.S. Bank Payment Solutions merchant account.
- Maintain a $25,000 average collected balance in the Platinum Business Checking account.
- Maintain $75,000 in combined average collected balances across U.S. Bank business deposit accounts and outstanding business credit balances.
Core details
Requirements
Bring at least $25,000 in new money from outside U.S. Bank into the account within 30 days after opening.
After the qualifying funds arrive, keep the daily balance at or above $25,000 through day 60 after opening; account fees can reduce the qualifying balance.
Complete 6 qualifying posted transactions within 60 days after opening. Eligible activity includes debit-card purchases, ACH or wire credits or debits, Zelle credits or debits, mobile check deposits, electronic or paper check debits, eligible U.S. Bank business bill pay, and U.S. Bank Payment Solutions receipts.
Terms & reference
Terms & account details
Monthly fee$30
Credit pullSoft pull
Payout timing30 days after requirements met
Credit card fundingYes
Early termination fee$0
Pulls EWSYes
Accepts frozen ChexSystemsYes
Fee waiver — any one of:
- Keep an active U.S. Bank Payment Solutions merchant account.
- Maintain a $25,000 average collected balance in the Platinum Business Checking account.
- Maintain $75,000 in combined average collected balances across U.S. Bank business deposit accounts and outstanding business credit balances.