What it is

The U.S. Bank Smart Rewards program offers unique benefits based on your relationship with us. It’s driven by the amount of qualifying account balances¹ you have. Benefits may include waivers of common fees as well as discounts on other U.S. Bank products.

How it works

• U.S. Bank Smartly® Checking accounts automatically come with the Smart Rewards program.
• If you qualify for certain customer groups², you’ll earn additional benefits.
  • If you qualify for more than one, you’ll receive full benefits from each group.
  • If there is an overlap in benefits, the highest value benefits are applied.
• If all qualifying Bank Smartly Checking accounts are closed, you will not be eligible for Smart Rewards.

Tier levels³ are based on the total sum of your balances from qualified accounts.

More Information

• Upon daily or monthly tier reviews, benefit changes will generally occur within five business days.
• In the event of a tier change, notice is only given to the specific customer with the change.
  • This primarily impacts accounts with multiple owners. If one person’s tier level changes, the other person is not directly notified.
    For example, person A has a joint checking account with person B. Person B’s tier level changes from Bronze to Silver. Only person B receives notice of the change.
  • You can check your tier level by logging into digital banking, calling 24-Hour Banking, or contacting your local branch.
    See also: How do I check what Smart Rewards tier I'm in? 
• A tier or customer group change for any account owner may impact benefits for all account owners.

¹Combined qualifying balances include consumer and trust accounts where the account is open, and you are an account owner. Qualifying accounts include:

• Checking accounts
• Elite Money Market Savings accounts
• Savings accounts
• CDs and IRAs
• Personal Trust accounts ^a
• U.S. Bancorp Investments ^b
• U.S. Bancorp Advisors brokerage ^c accounts