U.S. BANK SMART REWARDS

Bank Smartly Checking account Monthly Maintenance Fee: For newly opened U.S. Bank Smartly Checking accounts, the Monthly Maintenance Fee is waived for the first 2 statement periods from the account open date. Members of the military (requires self-disclosure), Workplace-Financial Wellness Program, U.S. Bank Global Transition Solutions, clients age 13-24 or clients 65 and over, pay no monthly maintenance fee. State Farm Alliance customers can waive the monthly maintenance fee as an owner of an eligible personal State Farm credit card. All others can have it waived by meeting any one of the following criteria: Have combined monthly direct deposits totaling $1,500 or more; or keep a minimum average account balance of $1,500 or more; or owner on a U.S. Bank Smartly™ Visa Signature® Card; or owner of an eligible U.S. Bank small business checking account; or qualify for one of the three Smart Rewards® tiers (Gold Tier, Platinum Tier or Platinum Plus Tier).

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.

Bank Smartly Savings account Monthly Maintenance Fee: The $5 monthly maintenance fee is waived when you are an owner of a Bank Smartly® Checking, Safe Debit account, Bank Smartly™ Visa Signature® Card, or for accounts with a minor under the age of 18.

ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. This means that you may be charged more than one ATM Transaction fee at a Non-U.S. Bank ATM during a single ATM session. 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. However, a Non-U.S. Bank ATM Transaction Fee may be assessed on transactions at a MoneyPass ATM.

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.

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.

U.S. Bank Overdraft Fee Forgiven Program - 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 business 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 third 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.

Overdraft Protection Transfer Fees are waived on U.S. Bank Smartly Checking accounts. 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. Please note, if you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for Overdraft Fee Forgiven. No Overdraft Protection Transfer Fee(s) will be charged for transfers from linked deposit accounts.

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

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. Greenlight is a financial technology company, not a bank. The Greenlight app facilitates banking services through Community Federal Savings Bank (CFSB), Member FDIC. The Greenlight Mastercard is issued by Community Federal Savings Bank, Member FDIC, pursuant to license by Mastercard International.

The interest rates and Annual Percentage Yields (APYs), including any applicable rate bumps, are applicable to U.S. Bank Smartly® Savings accounts opened today. If you are an existing U.S.. Bank consumer savings or money market clients, or if you had a U.S. Bank consumer savings or money market account closed in the past 90 days, the advertised rates on this rate sheet may not apply. To review your personalized interest rate and potential rate bumps, please log in to Online Banking or the Mobile App, or contact a banker. You can also select Products & Offers to see your personalized rate.

The interest rates and APYs, including any applicable rate bumps, are current as of today's date. An initial deposit of at least $25 is required to open an account. Interest rates and APYs, including any applicable rate bumps, are variable and subject to change at the bank’s discretion at any time, including after the account is opened.

Eligibility for an interest rate bump: A U.S. Bank Smartly Savings account may qualify for an interest rate bump if at least one account holder maintains a valid and in-good-standing eligible product. Accounts without an associated eligible product will not receive an interest rate bump. One of the following eligible and in-good-standing products must be maintained:

• U.S. Bank Smartly® Checking
• Safe Debit account
• U.S. Bank Smartly™ Visa Signature® Card

Eligible products for inclusion in your Combined Qualifying Balance (CQB): The interest rate bump will vary based on CQB. The following products offered by U.S. Bank and its affiliates are eligible for inclusion in your CQB:  

• All consumer checking, money market, savings, Certificate of Deposits (CDs), and/or Individual Retirement Accounts (IRAs)
• Personal Trust accounts
• U.S. Bancorp Advisors brokerage accounts

Note: Business and commercial products are not eligible for inclusion.

Qualified balances: Funds deposited in an eligible product where you maintain ownership interest are considered towards your CQB.

• Examples of eligible relationship types, include, but are not limited to: Individual owner, joint owner, principal non-signer.

Non-Qualified balances: Funds deposited without an ownership interest do not count towards your CQB.

• Examples of ineligible relationship types, include, but are not limited to: Trustee (IFI), Grantor (GRT), all Irrevocable Trust roles, Payable on Death, Representative Payee, Guardian.

Your CQB calculation: U.S. Bank conducts two types of CQB calculations for each customer.

• The first is the Daily CQB, which is calculated by summing the end-of-day balances held in qualified U.S. Bank products.
• The second is the Average CQB, which is calculated by averaging your Daily CQB’s from the most recent prior days, beginning with the opening date of your first eligible product and up to a maximum of 90 calendar days.

For jointly owned U.S. Bank Smartly Savings accounts, each owner’s qualifying balances will be reviewed. The interest rate bump and balance range information will be visible to all owners on the joint account. 

Determination of your Smartly Interest Rate Bump tier: After the eligible product verification is completed, on the next business day we will determine your Smartly Interest Rate Bump Tier. Your tier is established based on the higher value between your Daily CQB or your Average CQB.  Once assigned, your tier will remain in place and will not be downgraded for the remainder of the calendar month. However, upgrades to your tier may occur at any time during the month. The assignment of your initial tier, as well as any daily or monthly upgrades or downgrades, typically takes effect within five business days.

For individually owned U.S. Bank Smartly Savings accounts, the tier is determined by the individual owner's tier. For jointly owned U.S. Bank Smartly Savings accounts, the account tier is set according to the highest tier held by any account owner. All account holders will be able to view the designated account tier. If you have multiple U.S. Bank Smartly Savings accounts, the applicable tier on each account may vary depending on its ownership structure.

Determination of account interest rate and accruals: The total interest rate applied to the eligible U.S. Bank Smartly Savings account balance is calculated by adding the interest rate bump to the standard interest rate. For existing clients, to review your personalized interest rate and potential rate bumps, please log in to Online Banking or the Mobile App, or contact a banker directly. You can also select Products & Offers to access your personalized rate. If a U.S. Bank Smartly Savings account is closed, interest will no longer accrue, and any previously accrued interest will not be disbursed. Should the required qualifying eligible products (U.S. Bank Smartly Checking, Safe Debit account or a U.S. Bank Smartly™ Visa Signature® Card) be closed while the U.S. Bank Smartly Savings account remains active, the interest rate bump eligibility may be immediately discontinued. Additionally, any changes to the ownership structure of the U.S. Bank Smartly Savings account may result in immediate termination of the interest rate bump.

Balance and interest information:

You must maintain the minimum balance needed for each tier in order to earn the Annual Percentage Yield (APY) disclosed. All rates and APYs are subject to change after the account is opened. Fees could reduce earnings on the account. Interest rates currently offered on applicable deposit accounts are determined at the bank's discretion and may change at any time. The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included. 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 your applicable deposit accounts. Interest will be compounded daily and credited to your account monthly for all savings accounts, except Standard Savings, which is paid quarterly. If you close your account before interest is credited, you will not receive the accrued interest.

For purchase or refinance transactions, the maximum credit is $750. 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, an existing U.S. Bank consumer checking or U.S. Bank Smartly Checking account must have autopay established prior to final loan approval. 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

No trading fees applies to online equity trades, exchange traded funds (ETFs), closed-end funds and no-load mutual funds. For options, there is a fee of $4.95 per order, plus $1.00 per contract. Mutual funds with sales loads are subject to applicable sales charges according to the prospectus. Find out more about fee information on our self-directed brokerage fees page.

For U.S. Bancorp Advisors:
Brokerage and investment advisory products and services are offered by U.S. Bancorp Advisors, LLC, an SEC-registered broker-dealer, investment adviser, member   FINRA/SIPC , and subsidiary of U.S. Bancorp and affiliate of U.S. Bank, N.A. Insurance services are offered by USBA Insurance Services, a dba of U.S. Bancorp Advisors, having a California domicile and principal place of business at 800 N. Brand Blvd., 16th Floor, Glendale, CA 91203, CA Insurance License #6011694. Products may not be available in all states.

Smart Rewards qualifying balance information includes affiliated U.S. Bancorp Advisors (USBA) components, which is being translated for your convenience. USBA offers its products primarily in English and may not be able to offer certain products in a particular foreign language.

Cash-back deals are currently available for personal debit and credit cards only. Business debit and credit cards are not eligible at this time.

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.

Exclusive U.S. Bank Smart Rewards® cash back deals are available to U.S. Bank personal credit card members whose accounts are open and in good standing (not past due or overlimit) who: (1) have a U.S. Bank Smartly® Checking account which automatically enrolls the account in Smart Rewards and (2) qualify for the Silver Tier of the program or higher. In addition, exclusive U.S. Bank Smart Rewards® cash back deals are available regardless of tier qualification to U.S. Bank personal card members who identify as part of the following Customer Group segments: Military, Alliance (Including State Farm), Global Transition Solution (Formally Referral Banking) and U.S. Bank Employees. Card members 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 automatic enrollment in Smart Rewards program, offers will be made available to eligible card members within 1-2 billing cycles. To access and activate the cash back deals, card members 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 1-2 billing cycles to the card or account used to complete the deal. 

Maintaining an open U.S. Bank Smartly^® Checking account in the Smart Rewards^® Gold Tier, at a minimum, is required to waive the IRA annual fee. The IRA annual fee waiver applies to U.S. Bank IRAs only. Fee waiver does not apply to Personal Trust IRAs.

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.

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.

Trustee (IFI) - The person(s) or entity are serving in the capacity of trustee(s) but are not grantor(s). The trustee typically manages the assets of the trust account and distributes property according to the terms of the trust document. The IFI description applies to deposit accounts at U.S. Bank.

Grantor (GRT) - The individual(s) who created the trust. Grantors may also be referred to as the settlor or trustor. Grantors may also serve as the trustee(s) of the trust. The GRT description applies to deposit accounts at U.S. Bank.

Trustee & Grantor - Irrevocable trust (TRG) - Individual grantor(s) of an irrevocable trust also serving as trustee(s).