Explore a similar product
Try this top product in Personal Lines of Credit.
| Community Rating |
Rating not yet determined |
| Loan Amount | Up to $25,000 |
| APR (Variable APR) | 12.5% |
US Bank Premier Line of Credit Review
US Bank Premier Line of Credit is offered by US Bank, a bank founded in 1863 and based in Minneapolis, MN. US Bank Premier Line of Credit is available in 50 states (and Washington, DC).
What APRs does US Bank Premier Line of Credit offer?
US Bank Premier Line of Credit offers a variable APR product of 12.5% APR.
Does US Bank line of credit charge an origination fee?
No, they do not charge an origination fee.
An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.
Does the US Bank line of credit charge a cash advance fee?
Yes, they may charge a fee of 4% of the amount of each cash advance.Does the US Bank Premier Line of Credit charge a statement balance fee?
No, this lender does not charge a statement balance fee.
Does US Bank Premier Line of Credit charge a late fee?
Yes, they may charge borrowers a late payment fee.| Cash Advance Fee | 4% |
| Origination Fee | No |
| Prepayment Fee? | Yes |
| Late Payment Fee | No |
| Statement Balance Fee | No |
What do you need to qualify for US Bank Premier Line of Credit?
Applicants with a credit score of at least 600 and up to 850 may be eligible for US Bank Premier Line of Credit.US Bank Premier Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. US Bank Premier Line of Credit only considers borrowers who are employed.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via US Bank Premier Line of Credit. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by US Bank Premier Line of Credit. Permanent resident / green card holders are also eligible to apply.
Does US Bank Premier Line of Credit report your account activity to credit bureaus?
Yes, US Bank Premier Line of Credit reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for US Bank line of credit
- Visit the website.
- Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
- Check the information is accurate and submit your application.
Contact
- Headquarters
-
800 Nicollet Mall
Minneapolis, MN 55402 USA - Visit Site
- Email Support
Other Services by US Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Annual Fee | $0 |
| No Origination Fee | |
| Cash Advance Fee (%) | 4% |
US Bank Premier Line of Credit Community Reviews
Would you recommend US Bank Premier Line of Credit to your friends?
Other Personal Lines of Credit
- Bank of the West Line of Credit
- Citibank Custom Credit Line
- CreditFresh - Line of Credit
- Echo Credit
- Elastic Line of Credit
- Fifth Third Bank Personal Line of Credit
- First Bank and Trust of Texas Personal Line of Credit
- MoneyKey Line of Credit
- PNC Bank Personal Line of Credit
- Regions Credit Line
- Union Bank Personal Line of Credit
- Upgrade Card Personal Credit Line
