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Last Updated: 04/18/2025

US Bank Smartly® Savings Account

in Savings Accounts from U.S. Bank

Last Updated: 04/18/2025

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Highlights

APY (Annual Percentage Yield)

Up to 4.10%(Verified 11/11/2024)

Minimum Opening Deposit

Starting at $25

Minimum Balance to Earn APY

$25,000

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US Bank Smartly® Savings Account Review

US Bank Smartly® Savings Account is offered by U.S. Bank, a bank founded in 1863 and based in Minneapolis, MN. US Bank Smartly® Savings Account are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • High yield savings. This account offers an annual percentage yield of up to 4.10%, which is much higher than the average interest rate for a savings account. However, you must meet minimum balance requirements for higher APYs.
  • $0 monthly account fees available. This account charges a monthly fee of up to $5.
  • No ATM fees. US Bank Smartly® Savings Account does not charge fees on ATM transactions .

US Bank Smartly® Savings Account Pros & Cons

US Bank Smartly® Savings Account FAQ

Are savings accounts from U.S. Bank federally insured?

Yes, your U.S. Bank savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #6548). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does U.S. Bank offer a signup bonus?

US Bank Smartly® Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for US Bank Smartly® Savings Account?

The minimum deposit to open a US Bank Smartly® Savings Account is $25.

What APY does US Bank Smartly® Savings Account offer?

US Bank Smartly® Savings Account offers an APY up to 4.10% (APY stands for annual percentage yield, rates may change). This is higher than the national average rate for savings accounts.

What fees does US Bank Smartly® Savings Account charge?

US Bank Smartly® Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

    What features and perks does US Bank Smartly® Savings Account offer?

    This savings account includes the following features:
    • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
    • Mobile Banking Services - US Bank Smartly® Savings Account allows you to manage your money online or with a mobile app.
    • Nationwide ATM network - Conveniently transact at a nearby ATM.

    Can you set up a direct deposit to US Bank Smartly® Savings Account?

    Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

    What is the customer support email for US Bank Smartly® Savings Account?

    The customer support email for US Bank Smartly® Savings Account is customer.support@usbank.com.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Headquarters

    800 Nicollet Mall
    Minneapolis, MN 55402
    (800) 872-2657
    Visit Site

    Hours of Operation

    Sunday
    Closed
    Monday
    8:30AM - 5:30PM
    Tuesday
    8:30AM - 5:30PM
    Wednesday
    8:30AM - 5:30PM
    Thursday
    8:30AM - 5:30PM
    Friday
    8:30AM - 5:30PM
    Saturday
    Closed

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    SuperMoney Net Recommendation Score

    This product has no reviews yet. Help others by sharing your thoughts.

    0

    -1000+100
    No one recommends
    Everyone recommends
    The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

    US Bank Smartly® Savings Account Community Reviews

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