For ZIP  

Use the savings balance ranges to skip to your relationship tier. Each relationship tier has a minimum balance. The displayed Annual Percentage Yield (APY) and interest rates are effective as of .1 (Edit ZIP code)

Take our rates for a test run.

Using the savings calculator, choose your estimated balances to reveal your savings interest rate and your additional bump rate. Adjust your balances to see how you earn more as your Combined Qualifying Balances grow. Your options update according to the information you provide. FYI: The displayed Annual Percentage Yield (APY) and interest rates are effective as of   (Edit ZIP code).

Select your answers and calculate your rate to see how your savings interest rate grows.

YOUR ESTIMATED SAVINGS INTEREST RATE

Annual Percentage Yield:

Your effective Annual Percentage Yield (APY) takes into account compounding interest based on daily account balances, your average monthly account balances, and your total savings interest rate.1

Standard interest rate

Interest rate bump

Your total savings interest rate

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The Annual Percentage Yield (APY) and interest rates are effective as of  for ZIP code

Bank Smartly® Savings gives you better benefits right from the start.

$5 Monthly Maintenance Fee can be waived with the presence of eligible accounts.2

Enjoy $0 ATM transaction and surcharge fees at U.S. Bank ATMs.3

Set up recurring transfers to help you grow your balances automatically.

Access free account e-statements online anytime.

$0 overdraft protection transfer fees when a U.S. Bank checking account is linked with a Bank Smartly Savings account or another eligible deposit product.4

Set account alerts for email or text message reminders.5

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Frequently asked questions

Bank Smartly® Savings accounts start with a competitive standard interest rate based on your savings account balance. Then, when you have a Bank Smartly® Checking account, Safe Debit account or Bank SmartlyTM Visa Signature® card, you can enjoy relationship rates. Relationship rates are calculated by adding a variable interest rate bump to your standard interest rate. The rate bump will vary based on your Combined Qualifying Balances.

The interest rate determines how much the bank will pay you. On the other hand, the APY or Annual Percentage Yield takes into account the compounding interest on your deposit to give you a clearer picture of how much you’ll earn in a year.

Typically, the interest rates for savings accounts are variable and adjusted based on market conditions. For example, when the Federal Reserve adjusts interest rates, your savings account rate may change. U.S. Bank Smartly® Savings accounts feature variable rates that also adjust based on your total relationship balances giving you the flexibility to manage your money wisely.

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Depending on the bank, a high-yield savings account may be covered by FDIC insurance. These savings accounts are less risky than stocks, bonds, ETFs and other market-sensitive investments. As with all U.S. Bank checking and savings accounts, the money in our high-yield savings accounts is insured by the FDIC up to the maximum-allowable $250,000. The standard insurance amount is $250,000 per depositor, for each deposit insurance ownership category.6

The national average savings account interest rate is calculated across a range of standard and high-yield accounts. Standard rates can start as low as a fraction of a percent, while high-yield accounts can soar to 10x that amount. U.S. Bank Smartly® Savings accounts feature high-yield savings rates that grow as your balances grow when you also have a Bank Smartly® Checking account, Safe Debit account or Bank SmartlyTM Visa Signature® card.

Qualifying balances include consumer or trust accounts where the account is open and in good standing and you are an account owner.

  • Checking accounts
  • Money Market savings accounts
  • Savings accounts
  • CDs and/or IRAs
  • Personal Trust accounts6
  • U.S. Bancorp Investments7accounts
  • U.S. Bancorp Advisors8 brokerage accounts

Note: Balances in business accounts, commercial accounts, and the Trustee only (IFI)9, Grantor only (GRT)10 or Trustee & Grantor – Irrevocable Trust (TRG)11 client relationships do not qualify.

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Disclosures

  3. ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen.

    ATM Surcharge. Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs. U.S. Bank participates in MoneyPass®, an ATM surcharge free network. To find MoneyPass ATM locations, select “visit the MoneyPass locator” at the bottom of our ATM locator search results to be taken to the MoneyPass website. If you use an ATM that uses the MoneyPass® Network and are charged a surcharge fee, please call us at 800-USBANKS (872-2657) for a refund of the surcharge fee. However, a Non-U.S. Bank ATM Transaction Fee may be assessed on transactions at a MoneyPass ATM.

    Please refer to the Consumer Pricing Information (PDF) disclosure section titled Miscellaneous Checking, Savings or Money Market Fees for a summary of ATM transaction fees.

  4. If you have linked eligible accounts and the negative Available Balance in your checking account is $5.01 or more, the advance amount will transfer in multiples of $50. If, however, the negative Available Balance is $5 or less, the amount advanced will be $5. The Overdraft Protection Transfer Fee is waived if the negative Available Balance in your checking account is $50 or less.

    Note: If you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for U.S. Bank Overdraft Fee Forgiven.

    Refer to Your Deposit Account Agreement (PDF) section titled Overdraft Protection Plans for additional information.

  5. Text messaging fees – For text alerts, standard messaging charges apply through your mobile carrier and message frequency depends on account settings. Check with your carrier for specific fees and charges. Please be advised that the alerts may not be sent immediately.

  6. FDIC insured to the maximum allowed by law.

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Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

Deposit products are offered by U.S. Bank National Association. Member FDIC.