US Bank vs Lili

US Bank is a big national bank with wide array of services and many account options. How does it compare to Lili? Read our comparison chart below.

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.

While Lili is designed for sole proprietors and single-member LLCs. It helps you prepare for taxes with a write-off tracker, automated tax savings, and pre-filled tax forms. The Lili basic account has no monthly fees or minimums.

Compare US Bank with Lili, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	US Bank	Lili


	SPECIAL OFFER U.S. Bank Smartly® Checking and Standard Savings - Up to $400 Bonus - Learn More Read US Bank Review	SPECIAL OFFER Free Checking Account for Sole Proprietors and Single-Member LLC - Learn More Read Lili Review
	Benefits and Features
Savings	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.	Tax Bucket for all users; Lili Pro users also get an Emergency Bucket with 2.0% APY
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	Smartly Checking	No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
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		N/A
Customer Service	24/7 Live Customer Service (Telephone)	Monday – Friday 9am – 7pm EST
Minimum Deposit to Open		$0
ACH Transfer Fee		$0
ATMs	More than 37,000 ATMs across the country	38,000+ MoneyPass ATMs
Balance Requirement		$0
Cash Deposit Fee		$4.95
Incoming Wire Transfer Fee		N/A
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.	Online only
Out of Network ATM Fee		$2.50 ($5 for international)
Outgoing Wire Transfer Fee		N/A
Overdraft Fee		$0
Monthly Fee		$0
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Customer Service
Mobile App
Minimum Deposit
Fees
Pros & Cons	Pros: Promo CD with high APY Free student account 24/7 customer service Cons: Low savings APY	Pros: No monthly fees Expense tracking Save for taxes Cons: Best features only for Lili Pro No checks Fee to deposit cash
Bottom Line	Big national bank with wide array of services and many account options... Read full review	Mixed-use account for single business owners to help manage expenses and taxes... Read full review

	U.S. Bank Smartly® Checking and Standard Savings - Up to $400 Bonus Silver Business Checking Package - Up to $750 Bonus Gold Business Checking Package - Up to $750 Bonus	Free Checking Account for Sole Proprietors and Single-Member LLC Lili Pro Business Checking
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.

Member FDIC

U.S. Bank Smartly® Checking and Standard Savings - Up to $400 Bonus

Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 20, 2023. Member FDIC.

Complete these steps within 90 days of opening your new Bank Smartly checking account online to earn $300:

Enroll in online banking or the U.S. Bank Mobile App
Complete two or more direct deposits of $5,000 or more
Complete 10 or more debit card purchases totaling at least $100

Earn $100 when you open a new Standard Savings account, by June 20, 2023, complete deposit(s) of $15,000 or more by July 13, 2023 and maintain a total account balance of $15,000 until October 13, 2023.

Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account

Learn More

Expires 6/20/2023

Member FDIC

Silver Business Checking Package - Up to $750 Bonus

Earn up to $750 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL23 and complete qualifying activities¹, subject to certain terms and limitations. Offer valid through June 30, 2023. Member FDIC. Complete these steps to earn the offer:

Earn your $500.

Make a deposit of at least $5,000 in new money within 30 days of account opening and maintain the balance until the 60th day after account opening.
Enroll in U.S. Bank business online banking or the U.S. Bank Mobile App within 60 days of account opening.

Earn your $750.

Make a deposit of at least $15,000 in new money within 30 days of account opening and maintain the balance until the 60th day after account opening.
Enroll in U.S. Bank business online banking or the U.S. Bank Mobile App within 60 days of account opening.

Get Deal

Expires 6/30/2023

Member FDIC

Gold Business Checking Package - Up to $750 Bonus

Earn your $500.

Make a deposit of at least $5,000 in new money within 30 days of account opening and maintain the balance until the 60th day after account opening.
Enroll in U.S. Bank business online banking or the U.S. Bank Mobile App within 60 days of account opening.

Earn your $750.

Make a deposit of at least $15,000 in new money within 30 days of account opening and maintain the balance until the 60th day after account opening.
Enroll in U.S. Bank business online banking or the U.S. Bank Mobile App within 60 days of account opening.

Get Deal

Expires 6/30/2023

Free Checking Account for Sole Proprietors and Single-Member LLC

Sign up in 3 minutes; no credit check
No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at 38,000+ locations
Auto save for taxes
Track write-offs with a swipe
Prefilled annual Schedule C

Banking services provided by Choice Financial Group, Member FDIC

Get Started

Free Checking Account for Sole Proprietors and Single-Member LLC

$0 monthly service fees
$0 minimum opening deposit
No minimum balance requirement
No foreign exchange fee
Get direct deposits up to 2 days earlier

Banking services provided by Choice Financial Group, Member FDIC

Get Started

Free Checking Account for Sole Proprietors and Single-Member LLC

$0 monthly service fees
Categorize and track business expenses
Save for taxes automatically
Get direct deposits up to 2 days earlier
No foreign transaction fees

Banking services provided by Choice Financial Group, Member FDIC

Get Started

Which is Better: US Bank or Lili?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing US Bank or Chase.

In short: Lili's checking is outstanding.

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? Read on for the review.

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.