Get rewarded with relationship banking

Unlock relationship banking with U.S. Bank Smart Rewards.®

Add extra benefits to your Bank Smartly® Checking account when you enroll in Smart Rewards®. Build your relationship with us and grow your total combined qualifying balances to move up automatically through our four-tiered rewards program*

*Qualifying balances include consumer accounts where the account is open and you are an account owner. Note: Balances in business accounts, commercial accounts and the Trustee (IFI) client relationship do not qualify. A Trustee (IFI) is the person(s) or entity manangeing trust assets and distributing properly according to the terms defined within the trust document.

You’re eligible for great benefits no matter which tier you’re in.

Primary, Plus, Premium, Pinnacle -- these are all yours:

Monthly maintenance
fees waived

Overdraft Protection Transfer Fees waived1

Exclusive cash-back-deals*

*Available across top merchants/categories with an eligible and open U.S. Bank Personal Credit Card.2
Cardmembers who have both a personal credit card account and a business credit or charge card account with U.S. Bank are not eligible for these offers.

Find your tier, see your Smart Rewards®

Add up your balances* to find your tier. Grow your balances to move up a tier, automatically. The balances of these consumer accounts combine to determine your current rewards tier.

  • Checking, Savings and Money Market account(s)
  • Certificates of deposit (CDs) and Individual Retirement Accounts (IRAs)
  • U.S. Bancorp Investments* (an affiliate of U.S. Bank) and Personal Trust Accounts3

*Qualifying balances include consumer accounts where the account is open and you are an account owner. Note: Balances in business accounts, commercial accounts and the Trustee (IFI) client relationship do not qualify. A Trustee (IFI) is the person(s) or entity manangeing trust assets and distributing properly according to the terms defined within the trust document.

$20,000 Minimum Total Qualifying Balances

Primary

In addition to cash back deals and waiving the Monthly Maintenance and Overdraft Protection Transfer fees, you get these:

  • First two Non-U.S. Bank ATM fees waived45
  • 5% lift to Standard Savings Interest Rate6
  • $25 discount on Home Equity Line of Credit (HELOC) Annual Fee7
  • 0.10% interest rate discount on new Auto Loans for vehicle purchase89
  • Complimentary virtual financial consultation with the U.S. Bancorp Investments Wealth Management Advisory Center10

$50,000 Minimum Total Qualifying Balances

Plus

In addition to cash back deals and waiving the Monthly Maintenance and Overdraft Protection Transfer fees, you get these:

  • First four Non-U.S. Bank ATM fees waived45
  • Non-U.S. Bank ATM owner surcharge fees reimbursed (domestic only): First fee per statement period4
  • 10% lift to Standard Savings Interest Rate6
  • $50 discount on Home Equity Line of Credit (HELOC) Annual Fee7
  • 0.15% interest rate discount on new Auto Loans for vehicle purchase89
  • Complimentary virtual financial consultation with the U.S. Bancorp Investments Wealth Management Advisory Center10
  • IRA Annual Fee waived12

$100,000 Minimum Total Qualifying Balances

Premium

In addition to cash back deals and waiving the Monthly Maintenance and Overdraft Protection Transfer fees, you get these:

  • One overdraft Paid Fee waived per statement period13
  • Unlimited waivers on fees assessed for Counter Checks, Personal Money Orders, Cashier’s Checks and Stop Payments
  • All Non-U.S. Bank ATM fees waived45
  • Non-U.S. Bank ATM owner surcharge fees reimbursed (domestic only): First four fees per statement period4
  • 15% lift to Standard Savings Interest Rate6
  • No Home Equity Line of Credit (HELOC) Annual Fee7
  • 0.20% interest rate discount on new Auto Loans for vehicle purchase89
  • Complimentary virtual financial consultation with the U.S. Bancorp Investments Wealth Management Advisory Center10
  • IRA Annual Fee waived12

$250,000 OR MORE TOTAL QUALIFYING BALANCES

Pinnacle

In addition to cash back deals and waiving the Monthly Maintenance and Overdraft Protection Transfer fees, you get these:

  • All overdraft fees waived.
  • Unlimited waivers on fees assessed for Counter Checks, Personal Money Orders, Cashier’s Checks, Stop Payments and Wire Transfers
  • All Non-U.S. Bank ATM fees waived45
  • All ATM owner surcharge fees reimbursed4
  • 15% lift to Standard Savings Interest Rate6
  • No Home Equity Line of Credit (HELOC) Annual Fee7
  • 0.20% interest rate discount on new Auto Loans for vehicle purchase89
  • Complimentary financial consultation with a U.S. Bancorp Investments Wealth Management Advisor or U.S. Bank Wealth Management Banker11
  • IRA Annual Fee waived12

Pro tip: You automatically qualify for the Primary tier, regardless of total combined balances, if you have a U.S. Bank home mortgage, home equity loan, home equity line of credit (HELOC) , or unsecured personal loan. This benefit excludes U.S. Bank credit cards, personal unsecured lines of credit, student loans and Simple Loans.

Start building your balances with the checking account that rewards you right from the start.

Bank Smartly® Checking earns you interest14 and has benefits built right in.

No fees for overdrawn balances of $50 or less.15 Or waive fees with our Overdraft Fee Forgiven program for overdrawn balances over $50.16

Unlimited free U.S. Bank ATM transactions. Or bank online using our award-winning mobile app with Smart Assistant.

Deduct 0.25% of your new first mortgage loan amount up to a maximum of $1000 from the closing costs.17

Get the Greenlight app with a U.S. Bank Smartly Checking Account

Reward yourself (and your kids) with complimentary access to Greenlight.18

It’s the family app that teaches kids financial smarts with goal-setting games, chores that earn cash and a debit account you can monitor. Best part? If you have a Bank Smartly® Checking account or any other eligible U.S. Bank checking account, it’s complimentary. See why kids love Greenlight.

Additional banking rewards for seniors, students and military

This could be you.

Are you a member of one of the following customer groups? If so, you’re automatically eligible for additional services and rewards tailored to meet your needs.

*A Bank Smartly® Checking account and/or Smart Rewards® enrollment are not required to qualify for these benefits

Frequently asked questions

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Disclosures

  1. If you have linked eligible accounts and the negative Available Balance in your checking account is $5.01 or more, the advance amount will transfer in multiples of $50. If, however, the negative Available Balance is $5 or less, the amount advanced will be $5. The Overdraft Protection Transfer Fee is waived if the negative Available Balance in your checking account is $50 or less.

    Note: If you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for U.S. Bank Overdraft Fee Forgiven.

    Refer to Your Deposit Account Agreement (PDF) section titled Overdraft Protection Plans for additional information.

  2. Exclusive Smart Rewards cash back deals are available to U.S. Bank personal credit cardmembers whose accounts are open and in good standing who: (1) have a U.S. Bank Smartly® Checking account; (2) are enrolled in the U.S. Bank Smart Rewards program; and (3) qualify for the Primary tier of the program or higher. Cardmembers who have both a personal credit card account and a business credit or charge card account with U.S. Bank are not eligible for these offers. Smart Rewards cash back deals appear in online banking and the U.S. Bank mobile app and will change approximately every 45 days. Following enrollment in U.S. Bank Smart Rewards program, offers will be made available to eligible cardmembers within 4-6 weeks. To access and activate the cash back deals, cardmembers must log in to online banking or the mobile app and select the Smart Rewards cash back deals to activate them. Once the deal or deals are activated, shop online or in store at offer-activated stores using your enrolled U.S. Bank personal credit card at checkout. Terms and conditions applicable to each offer are provided with the offer. Cash back is automatically credited within 5-7 business days to the card or account used to complete the deal. 

  3. Personal Trust account balances are the current account balance as of close of the prior day for eligible trust account types that are held for your benefit: IRAs, Agency accounts, Revocable Trust accounts and Custody accounts.

  4. ATM Transaction FeeU.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM.  Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen.

    ATM Surcharge.  Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs. U.S. Bank participates in MoneyPass®, an ATM surcharge free network. To find MoneyPass ATM locations, select “visit the MoneyPass locator” at the bottom of our ATM locator search results to be taken to the MoneyPass website. If you use an ATM that uses the MoneyPass® Network and are charged a surcharge fee, please call us at 800-USBANKS (872-2657) for a refund of the surcharge fee.

    Please refer to the Consumer Pricing Information (PDF) disclosure section titled Miscellaneous Checking, Savings or Money Market Fees for a summary of ATM transaction fees.

  5. When changing checking account types, corresponding Non-U.S. Bank ATM transaction fee waivers will become available on the first day of the next statement cycle. ATM transaction fee waivers are only applicable for your U.S. Bank Smartly® Checking accounts.

  6. Variable rate account. Interest rates are determined at the bank’s discretion and can change at any time. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting, and other balance information. The interest rate Lift is calculated by taking your current interest rate and multiplying it by the interest rate Lift. This gets the interest rate Lift amount, which is added on top of the current interest rate. The interest rate Lift applies to standard rates only, it is not applicable for special or promotional rates. Savings interest rate Lift applies to Standard Savings only.

  7. An annual fee may apply after the first year or it may be waived or discounted with enrollment in the Smart Rewards program. To receive the Home Equity Line of Credit annual fee discount, a U.S. Bank Smartly® Checking account must be open and enrolled in Smart Rewards with a qualifying tier assignment. Discount amounts are determined using your tier assignment on the anniversary date of your Home Equity Line of Credit. Tier assignments generally occur within five business days after tier review.

  8. Apply online or through a U.S. Bank branch for pre-approval of a loan to purchase a car or truck. Discount will be applied to approved rate. To receive the interest rate discount, a U.S. Bank Smartly® Checking account must be opened and enrolled in Smart Rewards with a qualifying tier assignment before applying. Tier assignment generally takes five business days after enrollment. U.S. Bank reserves the right to withdraw an approval if your identity cannot be verified or if there have been changes in your credit status as of the date of sale application. Applications are subject to credit approval.

  9. Purchase must be completed through a U.S. Bank network dealership after U.S. Bank pre-approval is provided. The dealership will work with you to finalize the vehicle financing. U.S. Bank assists its clients with automobile financing by working with auto dealerships across the nation. The U.S. Bank auto financing pre-approval is only valid at a dealership with which U.S. Bank works. U.S. Bank is not affiliated with these dealerships and U.S. Bank makes no representations or warranties regarding the dealerships, their vehicles, related products, or services. Applications completed at a dealership are not eligible for the discount.

  10. For the Primary, Plus and Premium Tier: To schedule your complimentary virtual consultation, make an appointment online at usbank.com/advisorycenter or call 888-620-8770. U.S. Bank, U.S. Bancorp Investments and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation. The complimentary virtual consultation is available to clients outside the Rewards Program.

  11. For the Pinnacle Tier: To schedule your complimentary financial consultation, find an advisor near you at usbank.com/advisor or call 888-620-8770. U.S. Bank, U.S. Bancorp Investments and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation. The complimentary financial consultation is available to clients outside the Rewards Program.

  12. Maintaining an open U.S. Bank Smartly® Checking account enrolled in the Smart Rewards® Plus tier, at a minimum, is required to waive the IRA annual fee. The IRA annual fee waiver does not apply to Personal Trust IRAs.

  13. The Overdraft Paid Fee waiver benefit will be applied to the first Overdraft Paid Fee assessed during the statement period. Overdraft Fee Forgiven is applicable for Overdraft Paid Fee(s) after the first Overdraft Paid Fee is waived.

  14. Variable rate account – Interest rates are determined at the bank’s discretion and may change at any time. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting and other balance information.

  15. In the event the Available Balance at the end of the business day is or would be overdrawn $50.01 or more and the transaction paid is $5.01 or more, an Overdraft Paid Fee may be assessed for each item. In the event the Available Balance at the end of the business day is or would be overdrawn $50.00 or less, a fee will not be assessed. U.S. Bank limits the number of charges to a daily maximum of three Overdraft Paid Fees per day, no matter how many items we pay on your behalf.

  16. Consumer checking accounts (excluding Safe Debit accounts) assessed an Overdraft Paid Fee may qualify for a fee waiver. The Overdraft Fee Forgiven period starts the first day your Available Balance becomes negative and you were charged an Overdraft Paid Fee(s). U.S. Bank will review your account at the end of the Overdraft Fee Forgiven period (11 p.m. ET) and if your Available Balance (excluding the Overdraft Paid Fees and including immediate and same day deposits), is at least $0 we will waive Overdraft Paid Fee(s) charged. Deposits that generally will qualify for Overdraft Fee Forgiven include: ACH and electronic deposits, cash deposits, wire transfers, ATM deposits at U.S. Bank ATMs, check deposits in branch and internal transfers from another U.S. Bank account. Deposits that generally will not qualify for Overdraft Fee Forgiven include: Mobile check deposit, extended hold placed on a deposit and deposits into new accounts opened less than 30 days where funds are generally made available the fifth business day after the day of your deposit. Refer to the Determining the Availability of a Deposit – All Accounts section of Your Deposit Account Agreement (PDF) for full funds availability details.

  17. For purchase or refinance transactions, the maximum credit is $1,000. Certain mortgages may not be eligible for stated credits. Offer may not be combined with any other mortgage offers and can only be applied once per property within a 12-month period. To receive the U.S. Bank client credit, a U.S. Bank Smartly® Checking account must be established prior to final loan approval, or must have either an existing U.S. Bank Personal Checking Package or first mortgage with U.S. Bank. A minimum of $25 is required to open a U.S. Bank Smartly® Checking account.

    For a comprehensive list of account pricing, terms and policies, see the Consumer Pricing Information (PDF) disclosure and Your Deposit Account Agreement (PDF). These documents can be obtained by contacting a U.S. Bank branch or calling 866-758-8655.

    Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Visit usbank.com to learn more about U.S. Bank products and services. Mortgage, home equity and credit products offered by U.S. Bank National Association and are subject to credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC

  18. U.S. Bank customers are eligible to receive the Greenlight Select plan complimentary when an eligible U.S. Bank checking account (excludes Safe Debit and Electronic Transfer accounts) is added as a funding source. You are required to be an authorized transactor on the U.S. Bank account, be at least 18 years of age, and be enrolled in online banking. Your U.S. Bank checking account(s) must be the preferred funding source for your Greenlight account for the entirety of the partnership. If your U.S. Bank checking account(s) cease to be the preferred funding source for your Greenlight account or you add a funding source that is not an eligible U.S. Bank checking account, you may be charged a monthly fee by Greenlight. In-app upgrades will result in additional fees. Subject to Greenlight identity verification. See greenlight.com/terms for additional information. Offer subject to change.

  19. Members of the military (requires self disclosure) and clients ages 24 and under and those 65 and over pay no monthly maintenance fee. All others can have it waived by meeting any one of the following criteria: Have combined monthly direct deposits totaling $1,000 or more; or keep a minimum average account balance of $1,500 or more; or presence of an eligible personal U.S. Bank credit card; or qualify for one of the four Smart Rewards® tiers (Primary, Plus, Premium or Pinnacle).

    The average account balance is calculated by adding the balance at the end of each calendar day in the statement period and dividing that sum by the total number of calendar days within the statement period. Other fees may apply.

    Please refer to the Consumer Pricing Information (PDF) disclosure for more details.

  20. When changing existing checking options or customer group, check order discounts may not be immediately available, but will generally be available within five business days. Additional shipping fees may apply if expedited or shipped outside the continental United States.

  21. Account may be assessed the Monthly Maintenance Fee when the account holder reaches 18 years of age. Account holder(s) age 13–17 will receive the monthly maintenance fee waiver under the Youth customer group. In the event the account holder is not currently a signer on the account the account holder must visit a branch with the custodian/guardian on the account to gain authority to access account funds.

  22. All regular account opening procedures apply. $25 minimum deposit required to open a U.S. Bank consumer checking account. Members of the military (requires self-disclosure) and clients ages 24 and under and those 65 and over pay no monthly maintenance fee.

  23. If you have any questions, please call the State Farm Banking Customer Service at U.S. Bank, 800-890-2233.

  24. The Retirement Money Market minimum opening deposit is $100 for State Farm clients.

  25. Valid if the client maintains an Elite Money Market account only (without the presence of a Bank Smartly® checking account); Monthly Maintenance Fee waiver starts on account open date.

  26. For banking clients of U.S. Bank Wealth Management, Private Wealth Management or Ascent Private Capital Management.

  27. For more information, refer to Your Deposit Account Agreement (PDF), in the section titled Funds Availability.

  28. Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate. All interest payments for the APY will be made at the end of the term or annually, whichever occurs first. Penalty will be imposed for early withdrawal. Fees could reduce earning on the account.

  29. How to obtain the rate: This rate is valid on new accounts for clients who do not have an existing consumer money market account or for clients with an existing consumer money market account that has been open for less than 30 days. This rate is not valid for clients with a consumer money market account closed within the last 30 days. Get the Annual Percentage Yield (APY) as noted above by depositing at least $25,000 within 30 days of account opening. A minimum opening deposit of $100 is required to open.

    How to maintain the rate: Deposit at least $25,000 within 30 days of account opening and maintain a minimum daily balance of at least $25,000 each day thereafter. If the account balance falls below $25,000 the standard interest rate plan will be applied until the account balance is at or above $25,000 again. All rates and APYs are determined at the bank's discretion, are subject to change after the account is opened, and can change at any time. Fees will reduce your eligible balance, and deposits are needed to cover these fees to maintain the daily balance for this rate offer.

    The following standard interest rate plan balance tiers and APYs are accurate as of today's date: Under $10,000: 0.01%; $10,000 to $24,999.99: 0.01%; $25,000 to $49,999.99: 0.25%; $50,000 to $99,999.99: 0.25%; $100,000 to $499,999.99: 0.25%; $500,000 and above: 0.25%.

    Interest Information: You must maintain the minimum daily balance needed for each tier in order to earn the Annual Percentage Yield (APY) disclosed. Interest will be compounded daily and credited to your account monthly. We use the daily balance method to calculate interest on all deposit accounts. This method applies a daily periodic rate to the principal in the account each day. Interest on your check deposit begins to accrue on the business day we receive credit for this account. If you close your account before interest is credited you will not receive the accrued interest. Fees could reduce earnings on the account. Other restrictions may apply.

  30. FDIC insured to the maximum allowed by law.

  31. $1,000 minimum opening deposit up to a maximum of $250,000. 

  32. Online application is not valid for single maturity CDs, business or retirement CDs, brokerage deposits, institutional investors, public funds or in conjunction with other promotional offers.

  33. Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and APY are offered at the bank's discretion and may change daily.

  34. One-time 25,000 bonus Points will be awarded if you are approved for a new U.S. Bank Altitude Go Visa Signature Card and make $1,000 or more in total eligible Net Purchases to your Account within 90 days of Account opening. Please allow 1-2 billing cycles for your bonus Points to be credited to your Account. Existing or previous U.S. Bank Altitude Go Visa Signature cardmembers are not eligible if you have received a new account bonus for this product in the last five years. Use of the Card is subject to terms and conditions of the U.S. Bank Altitude Go Visa Signature Cardmember Agreement, which is provided at Account opening and may be amended from time to time. This offer may not be combined with any other bonus offer.

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Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

The U.S. Bank Visa® Debit Card is issued by U.S. Bank National Association, pursuant to a license from Visa U.S.A. Inc.

Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

U.S. Bank, U.S. Bancorp Investments and their representatives do not provide tax or legal advice. Each individual's tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

For U.S. Bancorp Investments:

Investment and insurance products and services including annuities are available through U.S. Bancorp Investments, the marketing name for U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank. Insurance products are available through various affiliated non-bank insurance agencies, which are U.S. Bancorp subsidiaries. Products may not be available in all states. CA Insurance License# 0E24641.

For U.S. Bank:

U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments, Inc.

Mortgage, home equity and credit products are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.

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