September 22nd, 2009

Save and Earn with US Bank

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US Bank is encouraging its members to save money with their new program called S.T.A.R.T. (Savings Today And Rewards Tomorrow).  To participate in the program all you need to do is set up recurring transfers from your U.S. Bank Five Star Checking account into your U.S. Bank Five Star Savings account.

us-bank

Therefore to get started you need to (1) Open a checking and savings account as part of the US Bank Five Star Banking Package, (2) Set up one or more of the following qualifying transfer options:

  • Transfer an amount you choose on a specific day of the month, OR

    Transfer an amount on the date you choose. Maybe you want to set aside $25 every pay day. Or $50 on the first day of the month. Or $1 every day. Select the amount and schedule that works best for you.

  • Transfer $1 for each U.S. Bank Check Card purchase ($25 limit per month), OR

    Transfer $1 for each U.S. Bank Check Card purchase. For each purchase you make, we’ll transfer $1 from your checking to your savings. For example, if you used your check card 20 times last month, we’ll automatically transfer $20 from your checking account to your savings account (transfer limited to $25 each month).

  • Transfer $1 for each U.S. Bank Credit Card purchase ($25 limit per month)

Optional Saving Accelerator: Choose to automatically transfer the FlexPerks Cash Rewards you earn each month to your savings account.

US Bank will even reward you when you hit your milestones:

  • $50 U.S. Bank Rewards Card when your savings balance reaches $1,000
  • Earn another $50 U.S. Bank Rewards Card when you maintain a balance of $1,000 or more in your account for one year

Additional information can be found at usbank.com/start

About the banks

 

US Bank

Minneapolis-based U.S. Bancorp (“USB”), with $266 billion in assets, is the parent company of U.S. Bank National Association, the 6th largest commercial bank in the United States as of September 30, 2008. The company operates 2,791 banking offices and

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