At a Glance

Thinking about opening a U.S. Bank checking account? In this article we’ll provide you with everything you need to know to make an informed decision about choosing the right checking account with U.S. Bank.

Here's what you can expect to find:

Expert Verdict

U.S. Bank has a well-established reputation for offering a diverse array of bank accounts, banking solutions and special features to its personal and business customers. In the checking account space, U.S. Bank’s offering is particularly broad. The bank offers seven distinct types of checking accounts – with two catering to individuals and five catering to businesses. The lineup is designed to address the varying needs of U.S. Bank’s target market – a refreshing indication the financial institution understands a one-size-fits-all approach is suboptimal in today’s dynamic marketplace.

Thomas J. Brock
About the expert arrow-accordion

CFA, CPA, Financial Advisor

Why choose a U.S. Bank Checking Account

U.S. Bank offers a variety of checking accounts with features and benefits that cater to various needs and lifestyles. Here are some reasons why you might choose a U.S. Bank checking account:

  • Diverse account options – U.S. Bank offers a range of checking accounts, from basic no-frills options like the Safe Account to premium packages like the Platinum Account, with travel perks and concierge services.
  • Convenience and accessibility – Manage your account on the go with U.S. Bank’s user-friendly online and mobile banking platforms. Deposit checks, transfer funds, and stay on top of your finances seamlessly.
  • Fee-friendly options – Certain accounts, like the Safe Account, come with no monthly maintenance fees and no overdraft fees, making them ideal for budget-conscious individuals.
  • Rewards and incentives – Some accounts, like the U.S. Bank Smartly Checking, reward you with cash back on everyday purchases, while others offer points that can be redeemed for travel or merchandise.
  • Top-notch customer service – U.S. Bank offers 24/7 customer service via phone, online chat, and in-branch support. Get help managing your account, resolving issues, and answering any questions you might have.
  • Financial education resources – U.S. Bank provides you with access to valuable financial education tools and workshops. Learn about budgeting, saving, and smart financial planning to make informed decisions.

Remember, while this overview highlights some key benefits, it’s always essential to compare specific details and fees before choosing any checking account.

Comparing U.S. Bank checking accounts

Smartly® Checking Safe Debit Account Silver Business Checking Gold Business Checking Platinum Business Checking
Monthly Fee $6.95 or $0 with qualifications $4.95 $15 unless $10,000 minimum daily ledger balance maintained $30 unless $25,000 minimum daily ledger balance maintained $45 unless $50,000 minimum daily ledger balance maintained
Minimum Deposit $25 None $100 $100 $0
APY 0.001% None None None None
Bonus Up to $500 None Up to $600 bonus, depending on monthly debit card purchases and direct deposits (limited-time offer) Up to $1,000 bonus, depending on monthly debit card purchases and direct deposits (limited-time offer) Up to $1,200 bonus, depending on monthly debit card purchases and direct deposits (limited-time offer)
Best For Everyday banking with interest-earning potential and fee waivers Basic banking without checks and no overdraft fees Small businesses with moderate transactions and bonus potential Growing businesses with higher transaction volume and bonus potential Large businesses with substantial transaction volume and premium services
Apply now Apply now Apply now Apply now Apply now

Additional Notes:

  • All accounts include online and mobile banking with bill pay, mobile check deposit, and access to U.S. Bank ATMs.
  • Smartly® Checking offers interest with qualifications, making it a good option for those who can maintain a high balance.
  • Safe Debit Account may be ideal for individuals who want to avoid overdraft fees and don’t need checks.
  • Business checking accounts offer features like ACH payments, wire transfers, and business debit cards.
  • Gold and Platinum Business Checking accounts come with additional benefits, like complimentary checks, travel insurance, and concierge services.

How to decide the right U.S. Bank checking account for you

When deciding on the right U.S. Bank checking account for your needs, it’s essential to consider your individual financial circumstances and banking preferences. Consider your typical banking activities, such as the frequency of transactions, ATM usage, and online banking needs.

If you prefer a straightforward account with minimal fees and easy access to ATMs, the U.S. Bank Safe Debit Account may be suitable. Alternatively, if you maintain a higher balance and seek additional perks, like interest earnings and waived fees, the U.S. Bank Platinum Checking Account might be a better fit. Consider any special features or benefits offered by each account, such as overdraft protection, mobile banking capabilities, and rewards programs, and evaluate how they align with your banking habits and lifestyle.

Additionally, factor in any potential fees associated with the account, such as monthly maintenance charges or out-of-network ATM fees, to ensure that the account aligns with your budget and financial goals. By carefully weighing these factors and comparing the available options, you can select the U.S. Bank checking account that best suits your needs and preferences.

Protip Expert tip from Thomas
When shopping for a checking account, be sure to prioritize the features that are most likely to support your long-term financial success. Focus on the fee structure, the minimum account balance requirement, the robustness of the bank’s online portal/mobile solution, and the availability of customer service, accountholder perks, and educational resources.

Requirements for opening an account with U.S. Bank


  • Age – You must be 18 years old or older to open a personal checking account.
  • Residency – You must be a legal U.S. resident.
  • Social Security Number – You’ll need to provide your Social Security number for identification and tax purposes.

Documents Required:

  • Government-issued ID – A valid, government-issued photo ID, such as a driver’s license, passport, or state ID card, is required to verify your identity.

Initial Deposit:

  • Personal Checking Accounts – Most personal checking accounts have a minimum opening deposit requirement, typically around $25. However, the Safe Debit Account has no minimum deposit requirement.
  • Business Checking Accounts – Business checking accounts generally have higher minimum opening deposit requirements, ranging from $100 to $500, depending on the account type.

Additional Information:

  • Joint Accounts – You can open joint checking accounts with another person, but both individuals will need to meet the eligibility requirements and provide the necessary documents.
  • Minor Accounts – Minors between the ages of 13 and 17 can open a checking account with a parent or guardian as a joint owner.
  • Online Application – You can apply for a checking account online, in person at a U.S. Bank branch, or by phone.

To ensure a smooth application process, it’s best to have the following information ready:

  • Your full name, address, and date of birth
  • Your Social Security number
  • Your contact information, including email address and phone number
  • Your employment information, if applicable
  • The initial deposit amount, if required

Opening a U.S. Bank checking account

1. Online application process

Visit the U.S. Bank website; go to the U.S. Bank website and navigate to the checking accounts page.

  1. Choose your account – Select the checking account that best suits your needs.
  2. Start the application – Click the “Open Now” or “Apply Now” button.
  3. Provide personal information – Enter your personal details, including your name, address, date of birth, Social Security number, and contact information.
  4. Verify identity – U.S. Bank will likely ask you to verify your identity online. This might involve providing answers to security questions or uploading a copy of your government-issued ID.
  5. Fund your account – Choose a funding method to make your initial deposit, if required.
  6. Review and submit – Carefully review the account terms and conditions before submitting your application.

2. In-branch application process

  1. Visit a U.S. Bank branch – Locate a U.S. Bank branch near you and visit during business hours.
  2. Speak with a banker – Inform a bank representative that you’d like to open a checking account. They’ll guide you through the process and answer any questions you have.
  3. Provide necessary documents – Present a valid government-issued ID, such as a driver’s license or passport, to verify your identity.
  4. Complete the application – Fill out the required paperwork, including your personal information and account preferences.
  5. Make your initial deposit – Fund your account with the minimum opening deposit amount, if required.
  6. Receive account details – Once your application is processed, you’ll receive your account information, including your account number and debit card (if applicable).

Things to do after opening your account

1. Set up online banking and mobile app access.

  • Visit the U.S. Bank website and click “Enroll Now” to register for online banking.
  • Download the U.S. Bank mobile app from the App Store or Google Play and log in using your online banking credentials.

2. Link your checking account to other accounts.

  • Link your checking account to your savings account, external bank accounts, or credit cards for easy transfers.

3. Set up direct deposit.

  • Have your paycheck or other income sources directly deposited into your checking account for convenient funds access.

4. Customize your account settings.

5. Update your contact information, set up alerts and notifications, and adjust your debit card preferences.

6. Explore account features.

  • Familiarize yourself with mobile check deposit, bill pay, budgeting tools, and other features offered by U.S. Bank.

7. Order checks (if applicable).

  • If you need checks, you can order them through online banking, the mobile app, or by visiting a branch.


There are no opening fees for a U.S. Bank checking or savings account. However, there are minimum deposit requirements. Most accounts have a minimum opening deposit requirement, typically around $25 for personal accounts and $100 for business accounts. However, the Safe Debit Account has no minimum deposit requirement.

U.S. Bank doesn’t offer a completely free checking account with no monthly fees or conditions. However, certain accounts offer ways to waive the monthly fee:

  • Smartly® Checking – The monthly fee of $6.95 can be waived with a monthly direct deposit of $1,000 or more, a $1,500 minimum daily balance, or $25,000 across qualifying U.S. Bank accounts.
  • Safe Debit Account – This account doesn’t offer checks or a debit card, but it has no monthly fee and no overdraft fees.

U.S. Bank often has promotions for new customers, such as cash bonuses for opening accounts or meeting certain requirements. Check the U.S. Bank website for current promotions.

As of January 2024, U.S. Bank offers bonuses of up to $600 for Silver Business Checking, $1,000 for Gold Business Checking, and $1,200 for Platinum Business Checking, depending on monthly debit card purchases and direct deposits.

Learn more: U.S. Bank Promotions