NorthOne vs US Bank
NorthOne is a good business banking features and tools if you're okay with paying a monthly fee . How does it compare to US Bank? Read our comparison chart below.
NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, unlimited transactions, invoice maker, and app integrations. But there is a $10 monthly fee with no options to waive.
While US Bank has over 2,200 branches across 26 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees. Their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.
Compare NorthOne with US Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
NorthOne | US Bank | |
|---|---|---|
Get 3 months of free business banking - | U.S. Bank Smartly™ Checking - Up to $600 Bonus - | |
Benefits and Features | ||
| Savings | No savings account, but you can create unlimited envelopes for savings goals | 0.01% APY. Minimum deposit $25. Monthly maintenance fee $4, unless you have $300 minimum daily ledger balance OR $1,000 average monthly collected balance. |
| CD | Standard Term CD: 0.05% - 0.25% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $249,999. | |
| Checking | $10 monthly fee (cannot be wavied); no balance requirements | |
| Money Market | 0.01% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 daily ledger balance. | |
| APY | ||
| Customer Service | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. | 24/7 Live Customer Service (Telephone) |
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | More than 37,000 ATMs across the country | |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| IRA Money Market | Minimum opening deposit of $100 or $25 automatic monthly deposit. No monthly maintenance fees. | |
| Locations | More than 2200 branches across the country. | |
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
CreditDonkey® Reviews | ||
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| Checking |   | |
| Customer Service | |  |
| Mobile App | | |
| Fees | | |
| Savings | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Good business banking features and tools if you're okay with paying a monthly fee... | Big national bank with wide array of services and many account options... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. US Bank: Pricing information from published website as of 11/9/2022 based on 91107 zip code. | ||
Get 3 months of free business banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Free invoice maker
Get 1 month of free business banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Free invoice maker
Business Referral Program - $75 Bonus
Earn $75 for every referral who successfully opens a qualifying business account, and completes all qualifying requirements. Referred clients will get $75 in bonus.
U.S. Bank Smartly™ Checking - Up to $600 Bonus
Earn up to $600 when you open a new U.S. Bank Smartly™ checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 11, 2023. Member FDIC.
Complete these steps within 90 days of opening your new Bank Smartly™ checking account online:
- Enroll in online banking or the U.S. Bank Mobile App
- Complete two or more direct deposits of $3,000 to $5,999.99 to earn $200, $6,000 to $9,999.99 to earn $400 and $10,000 or more to earn $600.
Silver Business Checking Package - $500 Bonus
Earn a $500 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL23 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through April 23, 2023. Member FDIC.
Complete these steps to earn the offer:
- Enroll in business online banking within 60 days of account opening.
- Complete $3,000 in new money deposits and maintain for 60 days from account opening.
Gold Business Checking Package - $500 Bonus
Earn a $500 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL23 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through April 23, 2023. Member FDIC.
Complete these steps to earn the offer:
- Enroll in business online banking within 60 days of account opening.
- Complete $3,000 in new money deposits and maintain for 60 days from account opening.
Which is Better: NorthOne or US Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing NorthOne or Chase.
In short: NorthOne's checking is noteworthy.
Articles on NorthOne
NorthOne
NorthOne is a banking platform for small businesses. But is it right for you? Find out the unique features it offers and how it compares.
Is NorthOne Legit
NorthOne offers convenient online banking for small business owners. But is NorthOne safe and legit? Read on to find out.
Articles on US Bank
US Bank Review
U.S. Bank is the 5th largest bank in the US, but does that make them a good bank for you? Do you need a large national bank or is a smaller bank more your style?
US Bank Routing Number
To transfer money in or out of your US Bank checking or savings account, you'll need the right routing number. Find your US Bank routing number below.
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