About the Bank
U.S. Bank is among the nation’s largest banks, with just over 3,000 branches and more than 5,300 ATMs located in over 40 states across the country. Headquartered in Minneapolis, Minnesota, the bank serves personal, small business and commercial banking customers.
In addition to the usual banking products and services, U.S. Bank also offers mortgage and home equity loans, auto and personal loans and investment services. With the U.S. Bank app, you can conveniently manage all of your accounts in one place, make mobile check deposits, pay bills and send money to friends and family through Zelle.
U.S. Bank checking account options range from basic to high-end, with four account types to suit different financial needs. These accounts can be combined with U.S. Bank savings accounts, money market accounts and credit cards to form a complete banking package designed to meet your financial goals.
The Silver Checking Package, for instance, features a basic checking account and a Package Money Market Savings account. The money market account earns a competitive interest rate and it can be used as overdraft protection for your checking account. Bundling these two together offers an opportunity to avoid the monthly maintenance when you set up qualifying direct deposits each month or maintain a minimum combined balance in your accounts.
Gold Checking allows you to avoid a monthly maintenance when you have both a U.S. Bank checking account and U.S. Bank personal loan, line of credit or credit card. Platinum Checking features an interest-bearing checking account that comes with added perks like free personal checks, no-fee money orders, preferred interest rates on new loans and access to the Platinum Select Money Market Savings account, a high-yield savings account with no monthly maintenance fee.
If you don’t need a savings account, you can opt for just a Premium Checking account. This is an interest-bearing account with a monthly maintenance fee, which is waived for customers aged 65 and older, or those who meet the minimum balance requirements. Easy Checking is U.S. Bank’s most basic checking account, with all the standard features you need and a low monthly maintenance fee. There’s also a checking account just for students.
Savings Accounts & CDs
Savers can choose between the Standard Savings account, money market savings or a certificate of deposit.
U.S. Bank offers four different types of CDs, with terms ranging from one month to 60 months, giving you the flexibility to save for both short- and long-term goals.
Interest rates for all of U.S. Bank’s deposit accounts are similar to what you’ll find at other traditional big banks.
U.S. Bank has an extensive line of credit card offerings, with over 30 cards to suit virtually any spending style.
Certain cards, such as the U.S. Bank Cash+™ Visa Signature® card and the U.S. Bank FlexPerks® Travel Rewards Visa Signature® card, are reserved exclusively for U.S. Bank customers. There are, however, plenty of other cards to choose from if you need a cash back, travel rewards or secured credit card but you don’t have a checking or savings account with U.S.Bank.
Bank Account Reviews
- U.S. Bank Personal Loans Review
- U.S. Bank CD Rates Review
- U.S. Bank Easy Checking Account Review
- U.S. Bank Standard Savings Account Review