U.S. Bank Platinum Checking Package is an interest-bearing checking account that offers a full menu of benefits on bank products. Find common checking-related fees below. Or for a complete list of account terms, policies and pricing, refer to Your Deposit Account Agreement and the State Farm Addendum and Consumer Pricing Information disclosure.
Minimum opening deposit:
Monthly maintenance fee:
Waive monthly maintenance fee:
There are two ways to have the fee waived.
Note: Contact a banker to learn how fees may be waived for current or former members of the Armed Forces. Learn how U.S. Bank supports those who serve.
Transactions – U.S. Bank ATMs:
Transactions – non-U.S. Bank ATMs:
$0. Non-U.S. Bank ATM owners may apply a surcharge fee unless they participate in the MoneyPass® Network. If you use an ATM that uses the MoneyPass® Network and are charged a fee, please contact us at 800-USBANKS (872-2657) for a refund.
You’ll need to make a decision about overdraft coverage for ATM transactions and debit card purchases (e.g., paying for gas at the pump, buying groceries and buying something online) that you make when there isn’t enough money available in your account.
If you say “yes” to ATM and debit card overdraft coverage, the bank may pay these transactions and charge an Overdraft Paid Fee.
If you say “no” to ATM and Debit card overdraft coverage, these transactions will be declined, and you will not be charged an Overdraft Paid Fee.
Note: Saying “no” to overdraft coverage for ATM and debit card transactions does not guarantee that you will avoid any Overdraft Paid Fees for other types of transactions on your account.
Checks, automatic bill payments and recurring debit card transactions may be paid or returned at the bank's discretion and are subject to Overdraft Paid Fees.
Overdraft Paid Fees:
$36 for each item of $5.01 or more
$0 for each item of $5 or less
Other merchant fees may apply.
Minimum overdrawn balance threshold:
If your available balance at the end of the business day is or would be:
U.S. Bank limits the number of charges to a daily maximum of four Overdraft Paid Fees per day, no matter how many items we pay on your behalf.
Extended Overdraft Fee:
A $36 fee is charged if the available balance remains negative $50.01 or more for eight consecutive days; you will be charged the $36 Extended Overdraft Fee on that day or the next business day, as applicable.
U.S. Bank Overdraft Fee Forgiven
All U.S. Bank consumer checking accounts (excluding Safe Debit Accounts) are eligible for U.S. Bank Overdraft Fee Forgiven, which gives you extra time to bring your account to a zero or positive balance to waive those fees. The Overdraft Fee Forgiven period starts the first day the 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 at 11 p.m. ET on the business day we charge the Overdraft Paid Fee(s). If there are qualifying deposits and the Available Balance* is at least $0, we will automatically waive the Overdraft Paid Fee(s).
*Excluding the Overdraft Paid Fee(s) and including immediate and same day deposits
Deposits that generally will qualify for Overdraft Fee Forgiven include:
Deposits that generally will not qualify for Overdraft Fee Forgiven include:
Refer to the Determining the Availability of a Deposit – All Accounts section of Your Deposit Account Agreement for full funds availability details
Overdraft protection and Overdraft Protection Transfer Fee:
Link an eligible U.S. Bank savings, money market, checking or credit account (U.S. Bank Reserve Line, credit card, personal line of credit, home equity line of credit and/or other lines of credit) to your U.S. Bank checking account to automatically transfer funds when transactions exceed the Available Balance in your account.
There is no Overdraft Protection Transfer Fee for Platinum Checking Account holders.
Transaction posting order:
Transactions are generally processed in the following order on the business day they are received:
Direct deposits and wire transfer deposits:
Same business day
Returned deposited item or cashed check fee:
$19 for each check you deposit or cashed from an account with insufficient funds
$0. View and manage your accounts through usbank.com.
Anytime credit score access:
$0. View your credit score and use the simulator tool to see how certain actions affect your score. Free credit score access, alerts and score simulator through TransUnion’s CreditViewSM Dashboard are available to U.S. Bank Online Banking customers only.
$0 for standard one-to-two day electronic delivery
$0 for standard three-to-four day paper check
$14.95 for same day or overnight
$0. Customize your own alerts to stay informed about important account activity. Message frequency depends on account settings.
For text alerts, standard messaging charges apply through your mobile carrier. Check with your carrier for specific fees and charges.
Please be advised that the alerts may not be sent immediately.
$0. View and manage your accounts through the U.S. Bank Mobile App or the mobile website.
$0. Send, receive and request money with Zelle® using an email address or U.S. mobile number.
$0. Set up electronic versions of your paper bills and get them delivered directly to your online banking inbox.
$0. Receive, view and store electronic copies of your account statements.
Debit card cash advance:
$2. Assessed when performing a cash advance with a teller at any financial institution that accepts Visa®
Paper statements with check images:
$2 per statement cycle
Stop payment (24-month duration):
For a comprehensive list of all pricing, ATM and Debit Card Overdraft Coverage terms and policies please see the State Farm Addendum and Consumer Pricing Information disclosure and Your Deposit Account Agreement.