KNOWLEDGE BASE

How do I get the maintenance fee on my checking account waived?

Avoiding a monthly maintenance fee on your checking account depends on what type of account you have and if certain qualifications are met. Take a look at your statement to identify your account type. 
Note: There's no option to waive the monthly maintenance fee on a Safe Debit Account. 

Easy Checking

Monthly maintenance fee: $6.95. There are three ways to waive the monthly maintenance fee. Only one qualification needs to be met.

  • Have combined monthly direct deposits totaling $1,000 or more.
  • Keep an average account balance of $1,5001.
  • You are age 65 or greater.

For information on other fees and benefits, visit our Easy Checking page. 

Gold Checking

Monthly maintenance fee: $14.95. Your monthly maintenance fee can be waived if you have one of the following accounts open:

  • U.S. Bank personal loan.
  • U.S. Bank line of credit.
  • U.S. Bank mortgage.
  • U.S. Bank credit card.

For information on benefits, visit our Gold Checking page. 

Platinum Checking

Monthly maintenance fee: $24.95. There are three ways to waive the monthly maintenance fee. Only one qualification needs to be met:

  • Have $25,000 in combined personal deposits or credit balances2 with U.S. Bank, and/or investments3 through U.S. Bancorp Investments.
  • You have a personal trust relationship with U.S. Bank Wealth Management.
  • You are a current or former member of the Armed Forces. Learn how U.S. Bank supports those who serve.

For information on benefits, visit our Platinum Checking page. 

Other checking accounts

  • Student checking accounts have no monthly maintenance fee. For information on other fees and benefits, visit our Student Checking page.
  • Safe Debit Accounts have a $4.95 monthly maintenance fee that cannot be waived. For information on benefits, visit our Safe Debit Accounts page. 

1. The average account balance for Easy Checking 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.
2. Combined deposit balances include the average monthly collected balances for U.S. Bank personal checking, savings, money market, and IRA accounts and CDs.  Outstanding credit balances include balances on U.S. Bank Personal Line of Credit, home mortgages, home equity loans and lines of credit, personal and purpose loans and credit cards.  Investment balances include the aggregate minimum daily balance of all investment types held through the statement period with U.S. Bancorp Investments.
3. 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, and investment advisor and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.