at U.S. Bank,

Member, FDIC

Pros

More than 3,000 branches in 26 states.
Promotional CDs with rates starting at 1.75% APY; rates vary depending on your location.

Cons

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

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Overall

3.0

It’s no secret that big banks sometimes charge high fees and offer low interest rates. 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 | Updated December 5, 2018

Checking

3.5

U.S. Bank offers seven types of checking accounts, from a basic account to options for students and people who exclusively use debit cards instead of checks, as well as an interest-bearing account for seniors. There are also silver and gold packages designed for those who have other accounts at the bank, and an additional 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 get the charge waived, 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 4,700 U.S. Bank 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

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
Excellent
Website / app
Excellent
Rates
Fair
Fees
High
It works well for me.
I've been using US Bank for about five years now. I was lucky to sign up when they still had checking and savings accounts that didn't charge a monthly fee. The huge network of physical branches and ATMs have really been the best thing about the bank. Living in the upper midwest and traveling frequently to Minneapolis (where the bank's HQ is) has given me access to my bank anywhereI have wanted it. Fees are annoying. I went for the first three years without paying a fee. Even when I did get fees, it was my own fault. In the past, the app was pretty poor. But they just launched a new app that runs much quicker and is much easier to use than the past versions. I'm sticking with US Bank for now. they haven't given my a reason to leave yet.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Don’t use
This is on of the worst banks I’ve ever had then take your money and then won’t pay it back they will make your account negative because I deposited a check and they released it and then took all the money back and then had to refund me everything
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