What is the US Bank Fee Schedule?

US Bank is one of the biggest banking institutions in the United States. You can expect reliable service when you open an account, but each one comes with at least one monthly fee. By familiarizing yourself with the US Bank fee schedule, you can avoid many common banking fees entirely!

More often than not, monthly maintenance fees on bank accounts fall off on their own if you meet certain requirements. However, every bank, such as Bank of America's overdraft fee policy, is different, so you might get unfairly charged without realizing it. DoNotPay helps you waive any banking fee.

What is a Fee Schedule?

A fee schedule can simply be another term referring to a list of a bank's standard fees for consumer and business accounts. US Bank has several types of accounts available, so keeping track of the fees can be confusing.

For personal checking and savings account fees, refer to this table:

Business account holders can refer to this table:

How to Waive Different US Bank Account Fees on Your Own

In some cases, monthly banking fees can be waived without any extra work on your part. If you're over 65, standard monthly checking fees will not apply to your account. Minors are not required to pay maintenance fees on savings accounts.

If you don't qualify for an automatic exemption, you can still easily avoid bank fees. Sometimes, all you need is a certain amount of money in your account.

ATM Fees

To avoid these fees, take these steps:

1. Use ATMs that are owned by US Bank.
2. Maintain a Student Checking account (which provides four free ATM transactions from different banks each statement period).
3. Maintain a Gold Checking account (two non-US Bank transactions each statement period).
4. Maintain a Platinum Checking account (unlimited non-US Bank transactions).

Monthly Maintenance Fees

The requirements for waiving monthly fees vary based on your account type:

1. For Easy Checking, you need an average minimum balance of $1,500 or monthly direct deposits of $1,000 or more.
2. For Gold Checking, you need to have an open US Bank personal loan, credit card, line of credit, or mortgage.
3. For Platinum Checking, you need $25,000 in combined business and personal credit balances.
4. For Standard Savings, you need to collect $1,000 per month or have a ledger balance of at least $300 each day.
5. For Elite Money Market Savings, you must maintain a minimum balance of $10,000.

Overdraft Fees

Overdraft fees can be automatically waived if you have Overdraft Protection. This opt-in service costs $12.50 for a standard checking account and $7.50 for a Gold Savings account. Platinum Savings accounts are not subject to any overdraft fees.

Business Account Fees

Besides the monthly fee, business account fees can only be waived under special circumstances. Premium and Silver business accounts don't come with any monthly fees.

For Gold Business Checking account fee waivers, you must have one of the following:

• An average minimum balance of $10,000.
• Minimum of $20,000 in average deposits.
• 50,000 combined in outstanding business credit balances and collected business deposits.
• $75,000 in business credit and business deposits.

For Platinum Business Checking accounts, your options are:

• $25,000 average checking balance.
• $75,000 minimum average from outstanding business credit and deposits.

Get Rid of Any US Bank Account Fee With DoNotPay

While the automatic fee waivers are appreciated, there might be a time when you need to get bank errors refunded. If you've fallen behind with payments and overdraw your account, many banks will forgive the incident if you have a good excuse. It can be intimidating to ask for a bank fee refund on your own, so let DoNotPay handle it.

If you want to get US Bank account fees waived but don't know where to start, DoNotPay has you covered in 4 easy steps:

1. Open the DoNotPay Fight Bank Fees product.

2. Enter the name of your bank.

3. Verify the last 4 digits of your bank account.

4. Choose which fees you want to waive, including overdraft, ATM, and transaction fees.

When you get a refund through DoNotPay, it always:

• Only takes seconds to generate and send your request.
• Has a simple application process, with no research required from you.
• Can be trusted with your personal information and get the compensation that you deserve.

DoNotPay Works With All Banks to Refund Fees

We can also help you get a banking fee waiver from:

• PayPal
• Wells Fargo
• TD Bank
• Bank of America
• Citizens Bank
• Chase Bank
• Fifth Third Bank

Can DoNotPay Waive Other Charges?

DoNotPay can get rid of several other troublesome fees from weekend overdraft fees, college costs, excess property taxes, and parking tickets. It's not always clear that you're entitled to a refund, but rest assured that DoNotPay can find one.