topic Re: US Bank Smartly Savings Interest Updates in Personal Finance

US Bank Smartly Savings Interest Updates

TrapLine — Thu, 11 Sep 2025 13:40:53 GMT

Effective November 10, 2025, the following changes are being made and will be reflected in the
document which may affect your rights.

Beginning October 6, 2025, you can review the full revised document on line or by calling 24-Hour
Banking at 800-USBANKS (872-2657) or by visiting your local U.S. Bank branch. We accept relay calls.

Under U.S. Bank Smartly Savings, the "interest tiers are updated to single tier"

Re: US Bank Smartly Savings Interest Updates

TrapLine — Thu, 11 Sep 2025 19:51:01 GMT

Got'ta love it

We will live with "bated" breath ... the latest nerf

So many consumers on this Forum stated they moved $100,000 over to maximize their interest rates and to claim a 4% on the US Bank Smartly Credit Card.

Now were invested and they kick us while we are down.

One poster presented this: Looks like the Smartly Savings rate is made up of 0.05% base + ?.??% for a rate bump. Is this new change removing the rate bump? Well? It does say only one tier.

Do NOT know what US Bank is doing other than the notice of the forth coming change. The way it has been going a rate of 0.05% would not surprise me. As to my dollars in the savings ... $500.

The US Bank Smartly program is like an octopus where a change in one place affects another. We all know about the points game with the US Bank Smartly Visa Credit Card.

It has been a little over one year of the new and improved US Bank Smartly Banking program and every few days another component takes a hit. Wondering if this whole thing has been a "bait and switch" (unofficially of course and no the Federal Agencies are not going to investigate).

Re: US Bank Smartly Savings Interest Updates

Kforce — Thu, 11 Sep 2025 15:42:10 GMT

Easy Come, Easy Go

Re: US Bank Smartly Savings Interest Updates

FicoMike0 — Thu, 11 Sep 2025 15:47:05 GMT

So, what is the rate now?

Re: US Bank Smartly Savings Interest Updates

ptatohed — Thu, 11 Sep 2025 17:04:01 GMT

@TrapLine wrote:
Got'ta love it

We will live with "bated" breath ... the latest nerf

So many consumers on this Forum stated they moved $100,000 over to maximize their interest rates and to claim a 4% on the US Bank Smartly Credit Card.

Now were invested and they kick us while we are down.

True, but I really hope you have only a small (very small) portion of your $100,000 in their (currently) 2.96% APR Smartly Savings. I only have $500 in there. The rest in self-directed invest, robo-invested, and self-directed Roth.

Looks like the Smartly Savings rate is made up of 0.05% base + 2.91% rate bump. Is this new change removing the rate bump?

Re: US Bank Smartly Savings Interest Updates

TrapLine — Thu, 11 Sep 2025 20:03:46 GMT

U.S. Bank Smartly Savings Rate Tiers (Relationship Rates for CQB) as of today September 11, 2025 (after November 10, 2025 there will only be one tier) and donot forget the GAME of "Qualifying Balances" which seems like a moving target:

Bronze Tier: Combined Qualifying Balances under $5,000 (example: 1.00% APY

Silver Tier: Combined Qualifying Balances from $5,000 to $24,999.99 (example: 2.00% to 2.50% APY)
Gold Tier: Combined Qualifying Balances from $25,000 to $49,999.99 (example: 2.50% to 3.00% APY)
Platinum Tier: Combined Qualifying Balances from $50,000 to $99,999.99 (example: 2.50% to 3.00% APY)
Platinum Plus Tier: Combined Qualifying Balances of $100,000 or more (example: 3.00% APY)

Re: US Bank Smartly Savings Interest Updates

ptatohed — Sat, 11 Apr 2026 07:04:12 GMT

I checked today and was pleasantly surprised to see my Smartly Savings was 3.92% APY!! I'll take that!

I had just assumed it was in the 2%s at best. Surprising! The only thing that made me look was that I pulled the $25,000 out of (and closed) my Business Checking that I had put in there for the $1200 bonus and I wanted to see what my $25,000 would be sitting at. No rush to take it out of 3.92%!

Re: US Bank Smartly Savings Interest Updates

crystal626 — Sat, 11 Apr 2026 18:24:36 GMT

@ptatohed wrote:
I checked today and was pleasantly surprised to see my Smartly Savings was 3.92% APY!! I'll take that!

I had just assumed it was in the 2%s at best. Surprising! The only thing that made me look was that I pulled the $25,000 out of (and closed) my Business Checking that I had put in there for the $1200 bonus and I wanted to see what my $25,000 would be sitting at. No rush to take it out of 3.92%!

Wow, 3.92% is excellent considering that the US Mobile site says 3.5% is the highest!

Re: US Bank Smartly Savings Interest Updates

TrapLine — Sat, 11 Apr 2026 20:07:51 GMT

@crystal626 wrote:
@ptatohed wrote:
I checked today and was pleasantly surprised to see my Smartly Savings was 3.92% APY!! I'll take that!

I had just assumed it was in the 2%s at best. Surprising! The only thing that made me look was that I pulled the $25,000 out of (and closed) my Business Checking that I had put in there for the $1200 bonus and I wanted to see what my $25,000 would be sitting at. No rush to take it out of 3.92%!
Wow, 3.92% is excellent considering that the US Mobile site says 3.5% is the highest!

Now we know who has friends ...

Re: US Bank Smartly Savings Interest Updates

ptatohed — Sun, 12 Apr 2026 05:56:57 GMT

@crystal626 wrote:
@ptatohed wrote:
I checked today and was pleasantly surprised to see my Smartly Savings was 3.92% APY!! I'll take that!

I had just assumed it was in the 2%s at best. Surprising! The only thing that made me look was that I pulled the $25,000 out of (and closed) my Business Checking that I had put in there for the $1200 bonus and I wanted to see what my $25,000 would be sitting at. No rush to take it out of 3.92%!
Wow, 3.92% is excellent considering that the US Mobile site says 3.5% is the highest!

Lol, I saw the 3.50% figure too. I was trying to search the history of Smartly rates, which I couldn't find, but I did see that 3.50% is the highest they offer today.

Re: US Bank Smartly Savings Interest Updates

ptatohed — Mon, 13 Apr 2026 08:17:00 GMT

I guess this explains it @crystal626

3.87% bump. So, I guess, 0.05% + 3.87% = 3.92%

Re: US Bank Smartly Savings Interest Updates

TrapLine — Mon, 13 Apr 2026 12:21:44 GMT

@ptatohed

You do nice work Roy ... love your interest rate!

Re: US Bank Smartly Savings Interest Updates

ptatohed — Mon, 13 Apr 2026 14:57:26 GMT

@TrapLine wrote:
@ptatohed

You do nice work Roy ... love your interest rate!

I can't explain it TL. But I'll take it!