Grow with us through U.S. Bank Smart Rewards®.
As a State Farm® Alliance customer, open a U.S. Bank Smartly® Checking account and you are automatically enrolled, into the Primary tier of the Smart Rewards® program regardless of qualifying balances. Watch your combined balances increase and move automatically through our four-tiered program. See benefits and rewards grow with each tier.
Applicants ages 18 years and over may apply individually or jointly. Those ages 13 through 17 must apply jointly with an adult.
Experience the benefits of a U.S Bank Smartly® Checking Account with exclusive benefits for State Farm Alliance customers.
All account holders enjoy:
- Ability to earn interest on checking.2 View current rates
- No fees for overdrawn balances of $50 or less3
- Overdraft Fee Forgiven4 program for overdrawn balances over $50.
- No ATM Transaction fees at U.S. Bank ATMs7
State Farm® Alliance customers are automatically enrolled into the Primary tier of Smart Rewards® with no minimum balance and the Monthly Maintenance Fee is waived5
Bank Smartly Checking with interest2 Learn more (PDF)
Monthly Maintenance fees waived Learn more (PDF)
Standard Savings interest rate lift6 Learn more (PDF)
+5% of the standard interest rate
+10% of the standard interest rate
+15% of the standard interest rate
+15% of the standard interest rate
First four per statement
period (Alliance customer
group benefit)
First four per statement
period
Unlimited
Unlimited
Non-U.S. Bank ATM owner surcharge fees reimbursed7
First fee per statement period
First four fees per statement period
100 Free Trades9 per calendar year with a self-directed brokerage account, exclusively through our affiliate, U.S. Bancorp Investments*
Mortgage loan closing cost credit of 0.25% on your new first mortgage loan amount, up to a maximum of $1,00010
Complimentary virtual financial consultation11
Complimentary virtual financial consultation11
Complimentary virtual financial consultation11
Complimentary financial consultation12
IRA annual fee waived13
Overdraft benefits Learn more (PDF)
Other fee waiver benefits Learn more (PDF)
Enjoy the benefits of Special Rewards and Services.
Are you a member of one of the following customer groups? If so, you may be eligible for additional services and rewards tailored to meet your needs.
**A Bank Smartly Checking account and/or Smart Rewards enrollment are not required to qualify for these benefits
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Presence of a U.S. Bank home mortgage, home equity loans, home equity lines of credit or unsecured personal loans (excluding U.S. Bank credit cards, unsecured personal lines of credit, student loans and Simple Loans)
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Variable rate account. Interest rates are determined at the bank’s discretion and can change at any time. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting, and other balance information.
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In the event the Available Balance at the end of the business day is or would be overdrawn $50.01 or more and the transaction paid is $5.01 or more, an Overdraft Paid Fee may be assessed for each item. In the event the Available Balance at the end of the business day is or would be overdrawn $50.00 or less, a fee will not be assessed. U.S. Bank limits the number of charges to a daily maximum of four Overdraft Paid Fees per day, no matter how many items we pay on your behalf.
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Consumer checking accounts (excluding Safe Debit accounts) assessed an Overdraft Paid Fee may qualify for a fee waiver. The Overdraft Fee Forgiven period starts the first day your Available Balance becomes negative and you were charged an Overdraft Paid Fee(s). U.S.Bank will review your account at the end of the Overdraft Fee Forgiven period (11 p.m. ET) and if your Available Balance (excluding the Overdraft Paid Fees and including immediate and same day deposits), is at least $0 we will waive Overdraft Paid Fee(s) charged. Deposits that generally will qualify for Overdraft Fee Forgiven include: ACH and electronic deposits, cash deposits, wire transfers, ATM deposits at U.S. Bank ATM, check deposits in branch and internal transfers from another U.S. Bank account. Deposits that generally will not qualify for Overdraft Fee Forgiven include: Mobile check deposit, extended hold placed on a deposit and deposits into new accounts opened less than 30 days where funds are generally made available the fifth business day after the day of your deposit. Refer to the Determining the Availability of a Deposit – All Accounts section of Your Deposit Account Agreement for full funds availability details.
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As a State Farm Alliance customer, you will be automatically enrolled into the Primary tier of our Smart Rewards® program and the monthly maintenance fee is waived. Please refer to the Consumer Pricing Information (PDF) disclosure for more details.
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Variable rate account. Interest rates are determined at the bank’s discretion and can change at any time. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting, and other balance information. The interest rate Lift is calculated by taking your current interest rate and multiplying it by the interest rate Lift. This gets the interest rate Lift amount, which is added on top of the current interest rate. The interest rate Lift applies to standard rates only, it is not applicable for special or promotional rates. Savings interest rate Lift applies to Standard Savings only.
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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 “Show MoneyPass® ATM Network locations” in the ATM Locator. If you use an ATM that uses the MoneyPass® Network and are charged a surcharge fee, please contact us at 800-USBANKS (872-2657) for a refund of the surcharge fee.
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When changing checking account types, corresponding Non-U.S. Bank ATM transaction fee waivers will become available on the first day of the next statement cycle. ATM transaction fee waivers are only applicable for your U.S. Bank Smartly Checking accounts.
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Offer is for 100 free trades per calendar year (Jan. 1-Dec. 31). Offer applies to online trades of equities and exchange-traded funds only and requires enrollment in paperless documents for self-directed brokerage account. To receive the free trades, a U.S. Bank Smartly™ Checking account must be established. Free trades made available up to four business days from confirmation of account funding. This offer is not designed to support day trading or active trading and may be revoked if there is excessive or unreasonable activity. Additional fees may apply. Please refer to the Schedule of Commissions and Fees for more information at https://www.usbank.com/investing/online-investing/self-directed-investing/brokerage-fees.html.
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For purchase or refinance transactions, the maximum credit is $1,000. Certain mortgages may not be eligible for stated credits. Offer may not be combined with any other mortgage offers and can only be applied once per property within a 12-month period. To receive the U.S. Bank customer credit, a U.S. Bank Smartly™ Checking account must be established prior to final loan approval, or must have either an existing U.S. Bank Personal Checking Package or first mortgage withU.S. Bank. A minimum of $25 is required to open a U.S. Bank Smartly™ Checking account.
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For the Primary, Plus, and Premium Tiers: To schedule your complimentary virtual consultation, make an appointment online at usbank.com/advisory center or call 888-620-8770. U.S. Bank, U.S. Bancorp Investments and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.The complimentary virtual consultation is available to customers outside the Rewards Program.
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For the Pinnacle Tier: To schedule your complimentary financial consultation, find an advisor near you at usbank.com/advisor or call 888-620-8770. U.S. Bank, U.S. Bancorp Investments and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.The complimentary financial consultation is available to customers outside the Rewards Program.
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Maintaining an open U.S. Bank SmartlyTM Checking account is required to waive the annual fee on an IRA held with U.S. Bank National Association.
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When changing existing checking options or customer group, check order discounts may not be immediately available, but will generally be available within five business days. Additional shipping fees may apply if expedited or shipped outside the continental United States.
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Military group requires notification to U.S. Bank to enact the status and is inclusive of both current and former members.
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Monthly maintenance fee waiver is for the first twelve months from the money market account open date. After the first twelve months, the requirement to waive the monthly maintenance fee is a $10,000 minimum daily balance. The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included.
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For banking clients of U.S. Bank Wealth Management, Private Wealth Management or Ascent Private Capital Management.
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For more information, refer to Your Deposit Account Agreement, in the section titled Funds Availability.
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Account will be assessed the Monthly Maintenance Fee when the account holder reaches 18 years of age. Account holder(s) age 13-17 will receive the monthly maintenance fee waiver under the Youth customer group. In the event the account holder is not currently a signer on the account the account holder must visit a branch with the custodian/guardian on the account to gain authority to access account funds.
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
U.S. Bank, U.S. Bancorp Investments and their representatives do not provide tax or legal advice. Each individual's tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.
For U.S. Bancorp Investments*:
Investment and insurance products and services including annuities are available through U.S. Bancorp Investments, the marketing name for U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank. Insurance products are available through various affiliated non-bank insurance agencies, which are U.S. Bancorp subsidiaries. Products may not be available in all states. CA Insurance License #0E24641.
For U.S. Bank:
U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments.
Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Visit usbank.com to learn more about U.S. Bank products and services. Mortgage, home equity and credit products offered by U.S. Bank National Association and subject to credit approval.
Deposit products are offered by U.S. Bank National Association. Member FDIC.
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