at U.S. Bank,

Member, FDIC

Pros

More than 3,000 branches in 26 states
Promotional CDs earn up to 2.00% APY for 37-month term; rates vary depending on your location

Cons

0.01% APY on standard savings account; better rates available elsewhere

Overall

3.0

Big banks sometimes charge high fees and offer low interest rates — that’s no secret. U.S. Bank, the country’s fifth-largest by assets, is no exception. But what this institution does well is provide convenient access to thousands of physical branches and ATMs.

Ratings methodology | Reviewed February 27, 2018

Checking

3.5

U.S. Bank offers seven types of checking accounts, including options for students, seniors and people who exclusively use debit cards instead of checks. There are also silver and gold packages for those who have other accounts at the bank and an interest-earning account.

The basic account is Easy Checking. It has a monthly fee of $8.95, or $6.95 if you opt for online statements. To waive the charge, make monthly direct deposits of at least $1,000 total or maintain an average account balance of $1,500.

U.S. Bank offers free access to more than 5,300 ATMs nationwide. But if you go outside of the network, the bank charges a $2.50 transaction fee, in addition to whatever the ATM’s owner may charge (unless it’s a MoneyPass ATM, in which case there’s no surcharge from the ATM operator).

Standard Savings Account
APY
0.01%
Min. balance for APY
$1

at U.S. Bank,

Member, FDIC

Certificate of Deposit
APY
0.75%
Min. balance for APY
$10,000
Length of term
5 years

at U.S. Bank,

Member, FDIC

Easy Checking
APY
N/A
Monthly fee
$6.95
Balance to waive monthly fee
$1,500

at U.S. Bank,

Member, FDIC

How does U.S. Bank compare?

U.S. Bank

Standard Savings Account

NerdWallet Rating

at U.S. Bank,

Member, FDIC

APY

0.01%

Monthly Fees

N/A

Bonus features

N/A

Goldman Sachs Bank USA

Online Savings

NerdWallet Rating

at Goldman Sachs Bank USA,

Member, FDIC

APY

1.8%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Barclays

Online Savings Account

NerdWallet Rating

at Barclays,

Member, FDIC

APY

1.65%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Not for you? Read more bank reviews
NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Terrible Customer Service, Fees, Debit Cards & Business
I have been trying to get a working debit card for 4 months now with nothing but excuses and apologizing for disorganized business, misleading information to customers which only inconveniences them while charging exteme fees and finances for basic banking such as $5 for money orders to loyal customers, preventing customers access to their accounts and finance, cancellation of debit cards without notifying previously, not getting cards, pins and other important information to customers in an orderly and timely manner, not able to solve the problems of customers which must call the 24-hour customer service, etc. So what are they doing that deserves these extra fees and funding!!!
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Worst customer service
This bank is ridiculous. Can’t cash a check if you don’t have an account. I brought the check here for a reason. To be sure their customers check to my kid was good. Nope. You can open an account and then I can! That hard up for business? I don’t think so. Your customer service is way below average.
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