If you're tired of your boring checking account, the U.S. Bank Smartly® Checking has a number of exciting benefits for you. With a great welcome offer, digital tools, budget management, overdraft protection, and multiple ways to waive monthly fees, this checking account is a hit. Oh yeah - and it adds a bit of interest too. Find out if the U.S. In this expert study, the Bank Smartly® Current Account is the right choice for you.
Open an account for the US. Bank Smartly® Check
Member of the FDIC.
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Assessment method
Prices as of February 19, 2024
US Bank Smartly® Check
Open an account for the US. Bank Smartly® Check
Member of the FDIC.
Review image, 3.50 out of 5 stars.
3,50/5Our ratings are based on a 5-star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Bad.We want your money to work harder for you. That's why our reviews focus on offerings that provide versatility while reducing costs.= Other= excellent= Good= Honest= Bad
Review image, 3.50 out of 5 stars.
3,50/5Our ratings are based on a 5-star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Bad.We want your money to work harder for you. That's why our reviews focus on offerings that provide versatility while reducing costs.= Other= excellent= Good= Honest= Bad
Open an account for the US. Bank Smartly® Check
special offer
Earn up to $800 when you open a new US branch. Bank Smartly® Checking Account and a Standard Savings Account and perform qualifying activities. Subject to certain conditions and restrictions. Offer valid through March 12, 2024. Member FDIC. The offer may not be available if you live outside the US bank's operating area or are not an existing US customer. Bank or state farm.
API
Not made public
Mine. To earn APY
0,01 USD
- Overdraft protection tools and an overdraft waiver program
- Ability to earn welcome bonus for your account
- Wide choice of account tools
- No liability for fraud
- Award winning app
- Claim for remission of fees
- Account APY not disclosed
US. Bank is the fifth largest bank in the United States by assets. The Smartly checking account allows you to earn special benefits when you sign up for the Smart Rewards™ program. Digital security coverage ensures you are not liable for unauthorized transactions initiated online at usbank.com or through the US. Bank Mobile App, as long as you report it immediately.
Monthly maintenance fees may be waived for customers who meet certain criteria. US. Bank also offers security alerts, personal financial insights and financial goal setting through its award-winning app.
Check account comparison
We encourage you to compare checking account options to ensure the account you choose is best for you. To make your search easier, here is a short list of outstanding accounts.
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| Bill | API | Promotion | Next step |
|---|---|---|---|
Open a Discover® Cash Back Debit account Member of the FDIC. Review image, 4.00 out of 5 stars. 4.00/5Our ratings are based on a 5-star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Bad.We want your money to work harder for you. That's why our reviews focus on offerings that provide versatility while reducing costs. | 0 % Mine. to serve:N.v.t | Earn 1% cash back on up to $3,000 in debit card purchases every month (see details when you click 'Open Account') | Open a Discover® Cash Back Debit account |
Open an account for Social Security checks and savings Member of the FDIC. Review image, 4.75 out of 5 stars. 4,75/5Our ratings are based on a 5-star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Bad.We want your money to work harder for you. That's why our reviews focus on offerings that provide versatility while reducing costs. | 0,50 % Pricing informationYou can earn the maximum savings APY by making a direct deposit (no minimum required) or by making $5,000 or more in qualifying deposits every 30 days. See the SoFi Checking and Savings Rate Sheet at: https://www.sofi.com/legal/banking-rate-sheet.Mine. to serve:$ 0 | Cash bonus up to $300 with direct deposit (see details when you click 'Open account') | Open an account for Social Security checks and savings |
Open an account for Axos Bank Rewards Checking Member of the FDIC. Review image, 4.25 out of 5 stars. 4,25/5Our ratings are based on a 5-star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Bad.We want your money to work harder for you. That's why our reviews focus on offerings that provide versatility while reducing costs. | 0.40% (up to 3.30%) Pricing informationTo earn the full APY, account holders must do the following: receive monthly direct deposits totaling more than $1,500; perform 10 transactions per month with your Axos payment card or sign up for Axos' Personal Finance Manager; maintain an average daily balance of $2,500 per month in an Axos Invest self-managed trading account; and use your Rewards Checking account to pay your full monthly consumer loan, personal loan or car loan from Axos Bank.Mine. to serve:Monthly direct deposits totaling at least $1,500 | Use promo code AXOS300 and apply by June 30 to earn a bonus of up to $300! | Open an account for Axos Bank Rewards Checking |
Complete overview of the US Bank Smartly® Check
US. Bank Smartly® Checking is a relatively new product that combines many of the best benefitscheckkonti. With that in mind, let's take a look at its best and weaknesses.
Top benefits
The bonus account:From now until March 12, 2024, you can earn up to $500 by opening a new US account. Bank Smartly® checking account. To qualifybonus, you need to open the account with at least $25, sign up for the US. Bank Mobile app within 90 days and then make at least two direct deposits. Your bonus depends on the total number of direct deposits and can be one of the following:
- $100, with combined direct deposits between $3,000 and $4,999.99
- $300, with combined direct deposits between $5,000 and $9,999.99
- $500, with combined direct deposits of over $10,000
Moreover, you can also get a $300 bonus by opening a new US Bank Standard Savings Account. To get this bonus you must opensavings accountwith $25 by March 12, deposit at least $25,000 by March 31, then keep the $25,000 balance until June 30. That's $800 in total bonus money just for opening two accounts and meeting these requirements.
Earned pension:Like other popular checking accounts, this one earns interest on your balance. US. Unfortunately, the bank does not publish the interest rates online. The only way to find out what the APY is is to contact your localbank.
Low minimum opening deposit:You only need $25 to open this account.
More ways to waive monthly maintenance fees:This herecheckaccountcomes with a monthly maintenance fee of $6.95. But it offers you several ways to opt out, including the following.
- Maintain an average account balance of $1,500 or more
- Obtain a qualified personal credit card from a US bank
- Have combined monthly direct deposits totaling $1,000 or more
- Be 24 years or younger or 65 years and older.
- Join the army
Coatingbescherming:US. Bank will waive chargescoatedamount of $50 or less when you link a qualifying account to your US. Bank Smartly® Check. So if you're overdrawn by $50 or less, the U.S. The bank automatically transfers the money to your checking account.
Remission of overdraft fees:US. The bank may also waive overdraft fees over $50. To get the fee waived, you must first balance your account to at least $0 by 11:00 PM EST on the day the fee is charged.
Earn some extra through Smart Rewards:Smart Rewards is a four-tiered program that gives you some additional benefits for maintaining a combined balance between all your US bank accounts (checking, savings,CD's, IRAs). Some of the benefits included automatic monthly fee waivers, interest rate increases on savings, ATM reimbursem*nt outside the US, and discounts onmortgage loanand loans.
What can be improved
Fee Waiver Requirements:If you do not meet the fee waiver criteria above, you will be charged a monthly account fee of $6.95. Although these costs are not high (you often see costs of €10 to €25), you can find plenty of free checking accounts at other institutions.
Cost
| Cost | Monthly maintenance | ATM | Standing in the red | Stop payment | Not enough money |
|---|---|---|---|---|---|
| US Bank Smartly® Check | 6,95 USD | No ATM fees at US bank ATMs; $2.50 for ATM transactions from non-US banks | $36, but overdraft protection is available | 35 USD | $ 0 |
Data source: USA Bank.
This gives you access to your money
Figuring out how you want to deposit and withdraw money from your checking account can play a big role in deciding which one is right for you. Happy as onebrick and mortar bench. US. Bank offers you many options.
Deposit options
It doesn't matter if you arecash paymentin person or a check via the mobile app, which the US offers You can add money to your checking account in several ways:
- Deposit cash or checks at a U.S. bank branch
- Use a US ATM
- ACH transfer
- Bank transfer ($20 fee)
- Check sent
- Mobile checkind payment
Payout options
US. Bank also offers you several ways to withdraw money, including the following:
- ACH transfer
- ATM withdrawal
- Withdraw money from a US bank branch
- Send money with Zelle
- Use your US Bank Card
- Bank Transfer ($30)
US. Bank Smartly® Checking is right for you if:
- You want an interest-bearing checking account.
- You already have another US bank account (savings account, CD, IRA, credit card) and want to keep all your money in one bank.
- You may meet one of the criteria for fee waivers.
- You live near a US bank branch, or if you don't, you don't mind banking online.
Read more about the US. Bank:
- US Bank Review
- US bank standard savings account
- US. Bank Standard CDs
- US. Secure bank account
- US bank silver check
Our savings account method
OpThe Ascent, a colorful service of fools, we rate savings accounts on a five-star scale (1 = poor, 5 = best). Our criteria? We dive deep into factors like APY, account minimums, and fees, along with features that really make a difference: think ATM access, linked checking accounts, or even branch access. We combine this with a brand reputation and customer satisfaction assessment to ensure you get the best. Our goal is to maintain a balanced best-of list of top-scoring products from reputable brands that offer competitive APYs and excellent features.
Frequently Asked Questions
Yes, you can link external US bank accounts. The mobile banking app.
US. Bank closes your U.S. Bank Smartly® Verify you don't make a $25 deposit within 30 days of opening your account. It can also choose to close your account if you have a balance of €0 and have not made any deposit or withdrawal activities.
As a starting point, the U.S. Bank adds the total balance for each calendar day in a statement period and then divides it by the number of days within that period. If you e.g. In a 30-day period, if you had $1,700 for 29 days and $0 for one day, your total account balance would be approximately $1,643.
Our banking experts
Door:Steven Porrello
Auteur
Steven is a personal finance writer covering topics from mortgages to credit cards and market news. He has written for The Motley Fool Canada, Ramsey Solutions, Nerdwallet, Clever Real Estate and other major outlets. Steven began his writing career at the age of four with his first book, “Revenge of the Bad Guys.” He currently lives in Portland, Oregon.
Facts checkedEric McWhinnie
Eric McWhinnie has been writing and editing digital content since 2010. He specializes in personal finance and investing. He also has a bachelor's degree in finance.
