As a result of an expanded rewards program and account benefit changes, the Bank Smartly® Checking monthly maintenance fee is $12 as of May 19, 2025.

This fee is waived for the first two months to allow you time to fund the account and/or set up direct deposit. Most customers have their monthly maintenance fee waived, and it can be waived on an ongoing basis by meeting at least one of the following requirements:

• Combined monthly direct deposit totaling $1,500+, or
• Average account balance of $1,500 or greater, or
• Account owner on a Bank Smartly™ Visa Signature® credit card, or
• Account owner on an eligible small business checking account, or
• Qualify for one of the three Smart Rewards® tiers (Gold Tier, Platinum Tier or Platinum Plus Tier), or
• Members of the military (requires self disclosure), Workplace-Financial Wellness Program, U.S. Bank Global Transition Solutions, clients ages 24 and under or clients 65 and over

What else is changing?

• Having an eligible personal U.S. Bank credit card no longer waives the monthly maintenance fee.
• A Bank Smartly® Checking account will automatically receive Smart Rewards Bronze Tier benefits at a minimum.
• Interest tiers for the Bank Smartly® Checking account have been updated.

For more information, please see the latest Consumer Pricing Information (PDF) or go to Smart Rewards®.