As one of the largest banks in the United States, U.S. Bank draws upon over 150 years of banking experience to offer its personal, business, commercial, and government banking customers a full suite of financial products and services.
Update 5/21/24: Whether you’re looking to open a personal checking, business checking, interesting bearing account, etc, U.S. Bank will have a product that suits your needs!
The bank offers its customers quick and secure access to funds through online and mobile banking options.
U.S. Bank’s depository banking products – for both its individual and corporate customers – include savings accounts, money market accounts, checking accounts, and Certificates of Deposits (CDs).
They cater to people of all ages and have various checking and savings accounts.
Checking Account Options
- Learn More at U.S. Bank
- Multiple ways to get monthly maintenance fees waived
- No ATM transaction fees or surcharge fees at U.S. Bank and MoneyPass® Network ATMs
- Manage cash easily with automated budgeting in a #1 rated mobile app
- Fast payments with Zelle®
- No fee overdraft protection transfers from a linked deposit account, $50 overdrawn Available Balance safety threshold and Overdraft Fee Forgiven program
- Access to U.S. Bank Smart Rewards to reap additional benefits
(at U.S. Bank)
See our U.S. Bank checking account review.
- Learn More at U.S. Bank
- Minimum opening deposit: $100
- Bank in-person, online or in-app
- One of the largest ATM networks in the US
- Online and mobile banking with bill pay: Manage check, wire and ACH accounts all in one place with SinglePoint® Essentials.
- Card payment processing: Accept payments in person, online and on the go.
- Check fraud prevention: Minimize the risk of fraud with our PCI compliance and check fraud prevention tools.
- Mobile check deposit: Save time by skipping trips to the bank and help improve cash flow.
- Email and text alerts
- U.S. Bank Visa® Debit Card
(at U.S. Bank)
- Learn More at U.S. Bank
- Minimum opening deposit: $100
- Bank in-person, online or in-app
- One of the largest ATM networks in the US
- Online and mobile banking with bill pay: Manage check, wire and ACH accounts all in one place with SinglePoint® Essentials.
- Card payment processing: Accept payments in person, online and on the go.
- Check fraud prevention: Minimize the risk of fraud with our PCI compliance and check fraud prevention tools.
- Mobile check deposit: Save time by skipping trips to the bank and help improve cash flow.
- Email and text alerts
- U.S. Bank Visa® Debit Card
(at U.S. Bank)
- Learn More at U.S. Bank
- Minimum opening deposit: $100
- Bank in-person, online or in-app
- One of the largest ATM networks in the US
- Online and mobile banking with bill pay: Manage check, wire and ACH accounts all in one place with SinglePoint® Essentials.
- Card payment processing: Accept payments in person, online and on the go.
- Check fraud prevention: Minimize the risk of fraud with our PCI compliance and check fraud prevention tools.
- Mobile check deposit: Save time by skipping trips to the bank and help improve cash flow.
- Email and text alerts
- U.S. Bank Visa® Debit Card
(at U.S. Bank)
| Chase Business Checking ($300 or $500 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| Axos Business Premium Savings ($375 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Bluevine Business Checking ($300 Bonus) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
U.S. Bank Elite Money Market
Treat yourself to extra savings when you open a U.S. Bank Elite Money Market account. Benefits include:
- Quick and easy online application and funding.
- No ATM transaction fees at U.S. Bank ATMs.
- Set custom alerts for important account activity.
- Bank when, where and how you want with the U.S. Bank Mobile App.
- Member FDIC.
See our U.S. Bank Elite Money Market account review.
| AlumniFi Credit Union Savings (4.75% APY) | SoFi Checking & Savings ($325 Bonus + 3.80% APY) |
| Upgrade Premier Savings (4.15% APY) | Discover® Bank Savings (Up to $200 Bonus + 3.70% APY) |
| CIT Bank Platinum Savings (4.00% APY) | Harborstone Credit Union Money Market (4.30% APY) |
| FVCbank Advantage Direct Savings (4.55% APY) | Live Oak Bank Savings (4.10% APY) |
U.S. Bank CD Special Rates
- Competitive. This CD offers our most competitive, promotional rates – and great returns.
- Guaranteed. Choose the term length that works best for you. The rate is guaranteed for the full length of whatever term you choose.
- FDIC-insured. As with all U.S. Bank CDs, the CD specials is FDIC-insured.
| Western Alliance Bank 3-Month CD (4.50% APY) | Western Alliance Bank 12-Month CD (4.25% APY) |
| Ponce Bank 3-Month CD (4.25% APY) | Blue Federal Credit Union 9-Month No Penalty CD (3.75% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | Ponce Bank 4-Month No-Penalty CD (4.15% APY) |
| Quontic Bank CD (Up to 4.25% APY) | |
Compare Checking Accounts
U.S. Bancorp Investments Automated Investor
Investing is made easy with Automated Investor!
Whether you’re just starting out or well on your way, our robo-advisor can help you work towards your goals with low fees and a low minimum of just $1,000. With ongoing rebalancing as the markets change, it helps you stay on track and minimize risk so your money can work harder for you. Questions? Human help is always just a phone call away. Get started in just minutes.
Only available to existing clients of U.S. Bancorp Investments and its affiliate U.S. Bank. Not a customer yet? Get started by calling 866-758-8655.
NOT A DEPOSIT. NOT FDIC INSURED. MAY LOSE VALUE.
Features:
- Investments selected by experts. Life gets busy. With Automated Investor, you choose your goal and we do the rest. Our investment experts create portfolios of low-fee (ETFs) across a range of global asset classes that align with your goal. At any time, you can adjust your goal if plans change.
- Adjusts as markets change. Gain peace of mind knowing that your investment portfolio will be based on market movements. Automated Investor continually monitors your account and makes adjustments whenever needed to help keep you on track.
- Low minimum investment. You can start investing with Automated Investor with just a $1,000 minimum investment. are 0.24%, billed quarterly. That means that for every $1,000 invested you will pay $0.60 every three months (based on rate of $0.20 per month).
- Compounding growth. Compound growth is when you earn money on the growth (or interest) you earned previously. makes your money grow faster because you have the opportunity to earn more from the money that’s reinvested. Automated Investor aims to take advantage of this for you.
(at U.S. Bank)
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
How U.S. Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- BMO Harris Bank: BMO Harris offers a large, fee-free ATM network with more than 43,000 participating ATMs. Their account selections are much less than what U.S. Bank offers, and they only have one interest-bearing checking account that requires a $25,000 balance to waive the high monthly service charge.
- Wells Fargo: Located throughout the US with over 5,800 branches and 13,000 ATMs. They offer a variety of deposits accounts, including accounts for teens and customers who need a second chance.
Compare to Other Banks
- U.S. Bank vs Citi
- U.S. Bank vs Bank of America
- Chase vs U.S. Bank
- Huntington Bank vs U.S. Bank
- PNC Bank vs U.S. Bank
- Wells Fargo vs U.S. Bank
- Citi vs U.S. Bank
- Bank of America vs U.S. Bank
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Bottom Line
U.S. Bank is for those who are interested in exploring the large selection of checking and savings accounts they have to offer.
Ranging from a basic checking and savings accounts to combined ones, U.S. Bank ensures that they have an option for any kind of person.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged.
Don’t focus on the interest rate alone, but on what the account will cost you overall.
If you’re interested in banking with U.S. Bank, see our list of the latest U.S. Bank bonuses! For more options from a variety of banks, see our list of the best bank promotions!
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