U.S. Bank is launching two new products under its Smartly® brand to enhance client rewards and savings: the U.S. Bank Smartly™ Visa Signature® Card and the U.S. Bank Smartly® Savings account. These products are designed to work in tandem to offer clients a comprehensive banking solution that maximizes credit card rewards and boosts savings balances.
The U.S. Bank Smartly™ Visa Signature® Card provides up to 4% cash back on all purchases, depending on the client’s total eligible balances with U.S. Bank. The Smartly® Savings account offers a competitive interest rate, allowing clients to earn up to 4.10% APY on their savings, especially when paired with the Smartly™ Visa Signature® Card or an eligible checking account.
Arijit Roy, head of consumer and business banking products for U.S. Bank, stated, “U.S. Bank Smartly offers a rewarding experience with benefits that grow based on our clients’ total relationship with us. With the introduction of the Bank Smartly Card and Bank Smartly Savings, clients can enjoy increased rewards and higher savings rates.”
The new offerings provide baseline rewards of 2% cash back on all purchases, with the potential to earn up to 4% cash back based on combined average daily balances. Clients with balances ranging from $5,000 to over $100,000 can benefit from escalating reward levels.
The Smartly® Savings account, available in all 50 states, provides a flexible and high-yield savings option, enhancing the overall banking experience. This launch follows the introduction of the Bank Smartly® Checking and U.S. Bank Smartly® Rewards programs.
U.S. Bank continues to streamline banking with its highly-rated mobile app, which facilitates account opening, loan applications, and direct deposit setups. Additionally, U.S. Bank has partnered with Greenlight to offer families complimentary access to the Greenlight debit card and money app within the U.S. Bank Mobile App.
