Today’s lowest auto financing rate1, 2

As low as

%% APR

To qualify for the lowest rate, you must meet the following conditions:

  • A term of 60 months or less
  • A credit score of 800 or higher
  • A vehicle less than 1 year old
  • A loan amount of $40,000 or more
  • A loan-to-value (LTV) percentage of 111% to 115.99%

What could your monthly payment be?

Use our auto financing calculator to estimate your rate and monthly payments.

You could qualify for an interest-rate discount up to 0.20%.

Have a U.S. Bank Smartly® Checking account? If you enroll in U.S. Bank Smart Rewards® before you apply for an auto loan, you may qualify for a rate discount up to 0.20%.3 You must be eligible before applying. Eligibility may take up to five days after enrollment.


Not yet enrolled? Do it today.

Things to know about auto financing pre-approval

Applying for pre-approval can put you one step ahead while you’re shopping for your next vehicle. Here are a few things to know before you get started.

Locked-in rate

A pre-approval includes a credit check so if you're approved, you'll have a locked-in rate good for 30 days.

Save time

Complete your financing application online in the comfort of your home so you can save time at the dealership.

New or used

You can use your U.S. Bank auto financing for a new or used vehicle purchased at a participating dealership.

Quick application

The online application only takes a few minutes to complete, and you may get an answer within seconds.

Search participating dealerships.

When dealerships participate in the U.S. Bank auto financing program, they can accept your pre-approval letter to streamline your financing. View our locator to find a dealership near you.

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  1. Monthly payment and annual percentage rate (APR) will vary based on the term, amount financed, model year, loan-to-value (LTV) percentage, credit history and applicable fees. Payment example: for an amount financed of $40,000 over a 60-month term, monthly payments would be $813.16 at an APR of 8.11%.

  2. Fees charged in OH, IN and WV may increase the APR displayed above.

  3. Apply online or through a U.S. Bank branch for pre-approval of a loan to purchase a car or truck at one of our participating dealerships. The interest rate discount is not reflected in the rates provided on our website but will be reflected in the interest rate quoted if approved. To receive the interest rate discount, you must open a U.S. Bank Smartly Checking account, enroll in U.S. Bank Smart Rewards and be assigned a qualifying tier before applying for an auto loan. Tier assignment generally takes five business days after enrollment. Interest rate discounts are based on your Smart Rewards tier. A minimum of $25 is required to open a U.S. Bank Smartly Checking account. For a list of interest rate discounts and terms, see the Consumer Pricing Information disclosure.

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U.S. Bank assists its customers by working with dealers across the nation. Financing pre-approval is only valid at a dealer with which U.S. Bank works. U.S. Bank is not affiliated with these dealers and makes no representations or warranties regarding the dealers, their inventory, related products or services. All vehicle and related product information included on this site is provided by the dealer, who is solely responsible for the content, representations about itself and the vehicle, including pricing, services and promotional statements. U.S. Bank does not endorse third-party products, services or other vehicle content. Any questions about the vehicle, pricing or related products should be directed to the dealer. The dealer will work with you to finalize financing terms.

The dealer may request your permission to obtain information from one or more credit reporting agencies. The dealer will ask for your photo identification (driver’s license) and/or other identifying documents. 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.

Offers are subject to credit approval. Rates are subject to change. Additional restrictions may apply. Member FDIC.